Rocket Lab is transforming from a small-launch specialist into a comprehensive space company, driven by its pending acquisition of Iridium and new defense contracts. Despite a recent share price drop, the company reported record Q2 revenue of $234 million, up 62% year-over-year, and a backlog of $2.36 billion. The stock has a 24/7 Wall St. price target of $120.88, implying a 90% upside, though risks include launch delays and integration challenges. Key catalysts include the Neutron rocket pad delivery and the closing of the Iridium deal, which could significantly boost the company's valuation.
Rocket Lab's stock is trading at USD 67.92 on Pluang as of Sep 18, 2026 01:12 WIB, showing a strong 1-day gain of 6.62%. This price sits well above its 52-week low of USD 39.48 but remains significantly below the 52-week high of USD 150.23, highlighting considerable room for growth. Despite recent volatility and a mixed order activity with 56% selling and 44% buying, the market cap stands robust at $40.73 billion, reflecting substantial investor interest in the company's expanding space ventures.
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...
