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's stock jumped 6% after the FCC accepted the license-transfer applications for its planned acquisition of Iridium Communications, initiating a public comment period. This procedural step removes an early risk of the deal stalling but is no...
Rocket Lab's stock jumped 3% following the completion of a $1.944 billion equity offering to finance its $8 billion acquisition of Iridium Communications. This financing move removes a major uncertainty by replacing a previous bridge loan commitment ...
