Rocket Lab's stock has dropped recently despite a growing backlog and a major acquisition on the horizon. The company reported record Q2 revenue of $234 million, a 62% increase year-over-year, and a backlog of $2.36 billion. The upcoming Neutron rocket launch and the Iridium deal are pivotal events that could significantly impact the stock's trajectory. Analysts project a price target of $120.99, implying a 95% upside from the current price, but caution remains due to potential delays and high valuation risks.
Rocket Lab successfully launched its 98th Electron rocket mission, delivering three HawkEye 360 satellites into low Earth orbit. These satellites operate in formation to collect radio frequency data for maritime tracking, GNSS jamming detection, and ...
Rocket Lab Corporation (RKLB) has been upgraded to a Buy rating due to its structural advantage of owning both launch and satellite assets, further boosted by its acquisition of Iridium, which is expected to bring immediate positive EBITDA. Meanwhile...
Space stocks are experiencing a sharper decline than the broader tech sector, with SpaceX, AST SpaceMobile, and Rocket Lab shares falling 6%, 6%, and 5% respectively. This drop follows a recent rally after SpaceX reported its first profitable quarter...
Rocket Lab Corporation announced it will release its financial results for the third quarter of 2026 after U.S. market close on November 9, 2026. The company will host a conference call at 2:00 p.m. Pacific Time to discuss the results, accessible via...
Iridium Communications completed its acquisition of Aireon, enhancing its satellite-based air traffic surveillance capabilities. Rocket Lab's acquisition of Iridium was approved by 99.6% of shareholders, with the deal expected to close by mid-2027 pe...
