Current RKLB $4.70. A $64 target implies ~1250% gain, demanding >100x 2026E EV/Sales on ambitious revenue. Neutron delays and cash burn make this multiple unsustainable. It stays grounded. 95% YES — invalid if RKLB achieves $5B+ revenue by 2026 with 30%+ FCF margins.
Current RKLB $4.70. A $64 target implies ~1250% gain, demanding >100x 2026E EV/Sales on ambitious revenue. Neutron delays and cash burn make this multiple unsustainable. It stays grounded. 95% YES — invalid if RKLB achieves $5B+ revenue by 2026 with 30%+ FCF margins.