What's Going On With Rocket Lab Stock Monday?
benzinga_article·
Cantor Fitzgerald Raises Rocket Lab Stock Price Target after Q2 Earnings, Calls Neutron 'the Most Material Catalyst'
Tip Ranks·- Rocket Lab reported mixed 2026 Q2 financial results with a record revenue of $234.07 million and an EPS loss of $0.08, despite investor caution over a narrowing launch window for its Neutron rocket. - Cantor Fitzgerald analyst Andres Sheppard raised Rocket Lab's stock price target from $96 to $122, citing the Neutron rocket as a primary catalyst and key growth driver. - The company also achieved 92 successful launches, a record $2.36 billion backlog, and plans to acquire Iridium Communications to potentially double its annual revenue.