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.
SpaceX shares rose 4% following Pivotal Research's initiation of coverage with a Buy rating and a $220 price target, significantly above current levels. The boost reflects strong growth in SpaceX's AI compute, Starlink, and launch businesses, with Q2...
President Trump declared the Moon as U.S. property on social media, though this does not change the 1967 Outer Space Treaty. However, the U.S. Fiscal Year 2027 budget boosts the Space Force funding by $39.4 billion to $71.2 billion, driving record co...
Rocket Lab's stock trades at $64.26, well below the $111 average target, implying 72.7% upside. Despite a recent rocket test failure delaying the Neutron rocket's debut to late 2026 and causing a 14% drop in shares, the company has a strong $2.36 bil...
The satellite industry is shifting focus from rockets to controlling radio spectrum for direct-to-handset connectivity. The FCC's new Supplemental Coverage from Space authorization enables satellites to beam service directly to ordinary smartphones. ...
Rocket Lab reported $234 million in revenue for Q2, with a backlog rising to $2.36 billion, driven by its Space Systems segment which accounted for 81% of revenue. The company aims to price its Neutron rocket between $50 million and $55 million witho...
