LandSpace Targets $1 Billion Valuation for 2026 IPO Approval on STAR Market
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 10h ago
0mins
Source: Fool
- IPO Plans: LandSpace has received approval from the Shanghai Stock Exchange's STAR Market for an initial public offering in early 2026, targeting a valuation of $1 billion, despite currently being unprofitable with only $5 million in revenue for the first half of 2025.
- Revenue Growth: The company's revenue surged eightfold in the first half of 2025 compared to the same period in 2024, indicating strong market demand, although it still faces a loss of $12.5 million, highlighting challenges in technology and market competition.
- Technical Comparison: LandSpace's Zhuque-3 rocket is modeled after SpaceX's reusable design, with plans for 12 launches and landing attempts in 2026, and a successful landing would significantly narrow the technological gap with SpaceX, enhancing its competitive position.
- Market Outlook: Although LandSpace lags behind SpaceX in technology, its lower cost and rapid growth potential have attracted investor interest, potentially laying the groundwork for future profitability.
Analyst Views on RKLB
Wall Street analysts forecast RKLB stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for RKLB is 65.17 USD with a low forecast of 51.00 USD and a high forecast of 83.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
13 Analyst Rating
9 Buy
4 Hold
0 Sell
Moderate Buy
Current: 83.080
Low
51.00
Averages
65.17
High
83.00
Current: 83.080
Low
51.00
Averages
65.17
High
83.00
About RKLB
Rocket Lab Corporation is an end-to-end space company. The Company designs and manufactures small and medium-class rockets, spacecraft and spacecraft components, and related software and services to support the space economy. The Company delivers reliable launch services, satellite manufacture, spacecraft design services, spacecraft components, spacecraft manufacturing, and other spacecraft and on-orbit management solutions that make it easier to access space. Its Launch Services segment provides launch and launch-related services to customers on a dedicated mission or ride-share basis. Its Space Systems segment comprises the design and manufacture of spacecraft components and spacecraft program management services, space data applications, and mission operations. Its space systems solutions are the building blocks for spacecraft, which include composite structures, reaction wheels, star trackers, solar solutions, radios, separation systems, and command and control spacecraft software.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
