3 Reasons Rocket Lab Stock Could Double in 2027 -- and 1 Reason It Might Not
Defense deals, a blockbuster new rocket, and record revenue: Here are what could power this space stock toward a monster 2027.
Overview
Rocket Lab (NASDAQ: RKLB) has quickly become one of the more interesting names in the space race. With several growth drivers ahead, the company has many reasons to deliver huge upside. Below are three catalysts that could send the stock sharply higher by the end of 2027, along with the one risk that could hold it back.
Image source: Getty Images.
One of the more interesting parts of the Rocket Lab investment case is its growing exposure to defense spending around space. For example, the company has already secured more than $1.3 billion of Space Development Agency awards to build and operate military satellite constellations.
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Source
Originally published at www.fool.com.