Rocket Lab RKLB stock climbed about 8% on Friday, extending a strong recovery after the company navigated sharp volatility earlier this year.
The stock has gained roughly 160% year-to-date, pushing its three-year return above 1,200%.
Shares found support near $40 after retracing nearly 50% from recent highs. From there, RKLB staged a rebound, climbing toward the mid-$60s as momentum returned. Analysts said the recovery reflects both technical support and renewed confidence in Rocket Lab’s operational execution.
The company completed two high-profile missions in December. One was its first dedicated launch for the Japan Aerospace Exploration Agency, part of the Innovative Satellite Technology Demonstration Program. The second was the STP S30 mission for the U.S. Space Force, finished five months ahead of schedule.
Investors have also responded to sector-wide optimism. Reports that SpaceX is targeting a blockbuster IPO in 2026 have pushed valuations for publicly traded peers higher, benefiting Rocket Lab.
Looking ahead, the upcoming Neutron rocket maiden flight in the first half of 2026 represents a potential catalyst. The medium-lift vehicle could expand Rocket Lab’s market reach into larger commercial and government contracts.
