Rocket Lab Launches Final Kinéis Satellite, Enabling Global IoT Coverage
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 18 2025
0mins
Source: Benzinga
Rocket Lab's Successful Launch: Rocket Lab USA successfully launched its Electron rocket, deploying five satellites for French IoT operator Kinéis, completing a five-launch deal to establish a 25-satellite constellation in Low Earth Orbit within a year.
Upcoming Commercial Services: Kinéis plans to launch its IoT satellite connectivity commercial services on June 1st, marking a significant milestone that will enable new opportunities for its clients and partners.
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 73.11 USD with a low forecast of 60.00 USD and a high forecast of 90.00 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.
11 Analyst Rating
8 Buy
3 Hold
0 Sell
Moderate Buy
Current: 87.820
Low
60.00
Averages
73.11
High
90.00
Current: 87.820
Low
60.00
Averages
73.11
High
90.00
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.
