Rocket Lab (RKLB) to Join Nasdaq-100 Index on June 22

Rocket Lab (RKLB) to Join Nasdaq-100 Index on June 22 Jeff Lewis Wed, June 17, 2026 at 7:35 PM GMT+2 2 min read RKLB Rocket Lab Corporation (NASDAQ:RKLB) is one of the 10 Best Debt-Free American Stocks to Invest In . On June 12, 2026, Rocket Lab Corporation (NASDAQ:RKLB) announced its inclusion in the Nasdaq-100 Index. The company said the milestone places Rocket Lab among the 100 largest non-financial companies listed on the Nasdaq Stock Market.

Rocket Lab’s addition to the index will become effective before market open on Monday, June 22. On June 3, 2026, Clear Street analyst Greg Pendy raised the firm’s price target on Rocket Lab Corporation (NASDAQ:RKLB) to $129 from $98 and maintained a Buy rating on the shares. Pendy said Rocket Lab is positioned for increasingly accelerating growth through 2030, supported by industry-wide launch undersupply that is expanding backlog opportunities.

Clear Street also said the company has an infrastructure advantage and that its core business is nearing profitability. Rocket Lab (RKLB) to Join Nasdaq-100 Index on June 22 On May 27, 2026, Rocket Lab Corporation (NASDAQ:RKLB) announced that it had passed System Requirements Review for the Space Development Agency’s Tracking Layer Tranche 3 constellation. The milestone advances a program under which Rocket Lab will deliver satellites equipped with advanced missile warning, tracking, and defense capabilities to U.

S. and allied national security. The company said the satellites will be built on its Lightning satellite platform and will include major components designed and manufactured in-house, including advanced IR sensors, solar arrays, avionics, optical terminals, propulsion systems, Phoenix infrared sensor payloads, and StarLite space protection sensors.

Rocket Lab Corporation (NASDAQ:RKLB) provides launch services and space systems solutions in the United States, Canada, Japan, and internationally. While we acknowledge the potential of RKLB as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the   best short-term AI stock .

READ NEXT:  33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy .   Disclosure: None. Follow Insider Monkey on Google News .