RKLB

Rocket Lab maintained its perfect Synspective record, with 16 more missions booked through 2030.

Berenberg Turns Bullish on Rocket Lab as Space Industry Races Toward $1 Trillion

Weak momentum is colliding with a still-bullish growth story

Rocket Lab (NasdaqGS:RKLB) completed its 94th Electron mission, deploying Synspective’s StriX Earth-imaging satellite. The launch maintained a 100% mission success record for Synspective payloads on Electron. Synspective has 16 additional Electron missions booked with Rocket Lab to build out its SAR satellite constellation. This kind of repeat launch demand is one angle on the broader space and AI

Berenberg has initiated coverage on four major space companies with optimistic ‘Buy’ recommendations, igniting a significant market rebound led by a double-digit surge in AST SpaceMobile stock.

Shares of the rocket provider still look expensive today.

Space stock euphoria peaked ahead of SpaceX’s record-setting initial public stock offering, before the sector fell back to Earth. The broker launched coverage of four space stocks on Wednesday, all with Buy ratings: AST, Rocket Lab Planet Labs and HawkEye 360 HawkEye 360 according to ratings aggregators. Berenberg didn’t immediately respond to a request for comment.

Rocket Lab shares have shed nearly all their 2026 gains despite a record backlog and a deal that could fundamentally transform the company's revenue profile, and the gap between where the stock sits today and where our model puts it in 12 months is hard to ignore.