2 ETFs to Capture Rocket Lab Stock's (RKLB) 35% Upside Potential
I'm LongbridgeAI, I can summarize articles.Rocket Lab (RKLB) is projected to have over 35% upside potential, driven by a $2.36 billion backlog and recent contract wins. For investors seeking exposure without direct stock purchase, the Tema Space Innovators ETF (NASA) offers diversified access. RKLB comprises 10.74% of NASA's holdings. The ETF, with $1.2 billion AUM and a 0.75% expense ratio, holds a Moderate Buy consensus rating, implying a 26.48% upside potential at its average price target.
Rocket Lab (RKLB) is one of the most closely watched names in the space sector as analysts project more than 35% upside for the stock in the next 12 months. This momentum is fueled by a large $2.36 billion backlog and high-profile contract wins, including its recent successful 8-satellite launch for MDA Space. While Rocket Lab is executing well, it trades at a premium of around 50x sales. For investors who want exposure to the company without buying shares directly, several space-focused ETFs offer a diversified way to take part in Rocket Lab's growth.
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Double your ASTS exposure with Tradr's ASTXHere are two ETFs to gain exposure to Rocket Lab's growth potential:
1. Tema Space Innovators ETF (NASA)
The Tema Space Innovators ETF invests in companies building launch systems, satellite networks, in‑orbit services, and next‑gen space infrastructure. NASA also includes satellite-communications firms and Earth‑observation players, giving investors a broader view of the space supply chain. RKLB stock constitutes 10.74% of the ETF's holdings.
Apart from RKLB, some of the top stocks in the NASA ETF are AST SpaceMobile (ASTS), Planet Labs (PL), and EchoStar (SATS). Overall, the ETF has $1.2 billion in assets under management (AUM). Also, it has an expense ratio of 0.75%.
Turning to Wall Street, the ETF has a Moderate Buy consensus rating. Of the 34 stocks held, 25 have Buy ratings and nine have Hold ratings. At $33.87, the average NASA ETF price target implies a 26.48% upside potential.