π Rocket Lab (RKLB) just posted Q2 revenue of $234M β up 62% YoY! π
While the Launch Services side dipped slightly, Space Systems revenue nearly doubled to $189.5M, crushing expectations πͺ
The real headline? A record $2.36B backlog (+137% YoY), with new contracts worth $437M+ locked in across Electron, HASTE, and Neutron.
Bank of America is staying bullish, reiterating a Buy rating with a $115 price target β that's ~44% upside from current levels π―
All eyes now on Neutron's expected Q4 2026 launch pad debut π
Do you think Rocket Lab's Space Systems growth is enough to offset the launch business slowdown? π€
#RocketLab #RKLB #SpaceStocks #Investing #StockMarket
While the Launch Services side dipped slightly, Space Systems revenue nearly doubled to $189.5M, crushing expectations πͺ
The real headline? A record $2.36B backlog (+137% YoY), with new contracts worth $437M+ locked in across Electron, HASTE, and Neutron.
Bank of America is staying bullish, reiterating a Buy rating with a $115 price target β that's ~44% upside from current levels π―
All eyes now on Neutron's expected Q4 2026 launch pad debut π
Do you think Rocket Lab's Space Systems growth is enough to offset the launch business slowdown? π€
#RocketLab #RKLB #SpaceStocks #Investing #StockMarket
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