Rocket Lab's stock was upgraded to a bullish rating following a more than 40% pullback and improved fundamentals. The company reported record Q2 revenue of $234.07 million, a 62% increase year-over-year, supported by a strong backlog indicating solid demand. The recent acquisition of Iridium enhances Rocket Lab's space infrastructure capabilities and opens new satellite communications opportunities. Despite some near-term delays in the Neutron launch, the valuation has become attractive with a forward price-to-sales ratio of 40, suggesting a favorable risk/reward balance for investors.
Rocket Lab enters 2026 with a strong backlog of $2.36 billion, a pending acquisition of Iridium, and the upcoming inaugural launch of its Neutron rocket. The company posted a 62% revenue increase in Q2 2026, signaling growth momentum despite ongoing ...
Rocket Lab's stock has fallen over 50% from its 52-week high amid delays in its Neutron rocket launch and dilution concerns. However, one Wall Street analyst from New Street Research sees potential for the stock to nearly double to $150 within 12 mon...
Rocket Lab is accelerating its transformation into a full space infrastructure platform by acquiring Iridium Communications for about $54 per share. This deal adds a mature, revenue-generating low Earth orbit (LEO) satellite network, strong governmen...
Rocket Lab, Planet Labs, and AST SpaceMobile stocks rose between 4% and 6% amid broad buying interest in pure-play space companies, despite no specific news for any of them. This coordinated rally highlights investor enthusiasm for the space sector, ...
ARK Invest, led by Cathie Wood, has reduced its holdings in Alphabet to increase investment in Rocket Lab, a space company trading at a high valuation despite current losses. Rocket Lab's recent growth includes a 62% revenue increase and a record bac...
