Thu Jul 17 13:30:00 UTC 2025: **Rocket Lab Shares Soar After Bullish Analyst Upgrades and Cramer’s Endorsement**
**[City, State] –** Shares of Rocket Lab (NASDAQ:RKLB) are experiencing a surge this week, fueled by consecutive price target upgrades from prominent financial firms and enthusiastic endorsements from market commentators.
On Wednesday, Bank of America Securities analyst Ronald Epstein significantly boosted the price target for Rocket Lab to $50.00 from $30.00, a massive 66.67% jump, while reiterating a “Buy” rating on the stock. This upgrade followed a similar move just two days prior from Citi analyst Jason Gursky, who also raised the firm’s price target to $50 from $33, citing a projected $2.6 billion in revenue by 2029 driven by Neutron launches and new satellite contracts.
Investor confidence has been further bolstered by CNBC’s Jim Cramer, who has repeatedly touted Rocket Lab as a top pick, urging investors to “buy, buy, buy.” This positive sentiment reflects the company’s growing importance in the space industry, providing crucial launch services and spacecraft manufacturing as demand for space-based assets continues to rise.
Shares initially jumped 3.1% after the announcement but settled at $46.56, up 4.4% from the previous close, a new 52 week high. Rocket Lab’s stock, known for its volatility, has seen numerous significant swings this year, with 75 moves greater than 5% in the last year. This latest surge indicates the market considers the analyst upgrades and positive commentary to be meaningful, however that may not change its core perception of the company.
Adding to the momentum, Rocket Lab recently announced a key partnership with Bollinger Shipyards to construct the ocean landing platform for its reusable Neutron rocket. The 400-foot vessel, named ‘Return On Investment’, is critical for the rocket’s reusability, a key strategy for increasing launch frequency and securing contracts for large satellite deployments and national security missions.
Rocket Lab is up 86.6% since the beginning of the year.