Even CoinCodex, a technical trading site that is notoriously stingy with stock price predictions, is anticipating an average annualized price of $97.84 for this stock in 2026.
2030 forecast
What 2030 looks like is harder to see right now for this company, especially with so many unknowns about SpaceX's plans and other space companies, like Firefly Aerospace, entering the mix. However, CoinCodex believes that it will see an average annualized price of $311.37 if it continues on this strong trajectory.
Key drivers of Rocket Lab's stock performance
Although Rocket Lab isn't pre-revenue, it is still pre-profit, which can make it difficult to understand how to value the stock. Nonetheless, this company has been regularly compared to a young SpaceX and is often considered the #2 to SpaceX in this industry. Here are a few drivers of this stock price to keep in mind:
- It's a rare public space play. It sounds simple, but if you want a pure play investment in space, you don't really have many options. Boeing and Lockheed Martin have some hands in the space pie, but they're hardly 100% space companies; they also have a lot of other things under their umbrellas, some that space enthusiasts may not want to invest in, like weaponry. Since SpaceX isn't yet public, Rocket Lab is one of the best options investors have in this space.
- Diversification in the space race. Although rockets are fun, they're hardly the only profitable thing you can do in space, and Rocket Lab is figuring that out. The company has been diversifying into other higher-margin, lower-risk space infrastructure, like providing hardware to satellite companies.
- The Neutron rocket. Currently, SpaceX is the only really viable medium-to-heavy rocket in continuous commercial use. The Neutron is another big rocket that's also meant to be reusable, which means that once it is finally launched in Q4, it will create competition for SpaceX. Although this rocket hasn't put any satellites into orbit yet, the signal from the newest contract for multiple launches of both Neutron and Electron rockets suggests customers have a lot of faith in its success.
Do keep in mind that it's still early days for Rocket Lab's stock, and no matter how exciting all of this gets, it's still not making money. It's really important that companies you invest in do that at some point, so balance the hype with the reality, and if you're going to choose Rocket Lab, take a small bite at a time.
