The Latest Breaking News from Rocket Lab

Rocket Lab Corp (NASDAQ:RKLB) reported second-quarter financial results after the market close on Thursday. Here’s a rundown of the report.

Several space-focused companies reported earnings this week and a new company burst into the market with a blockbuster IPO. 

Rocket Lab USA is set to report Q2 earnings on August 7 amid strong momentum, with the stock up 760% over the past year and 82% YTD.

Shares of Rocket Lab USA Inc. (NASDAQ:RKLB) are trading lower Monday following new analyst coverage and a reassessment of the stock’s valuation outlook.

Cathie Wood’s ARK Invest has become known for making big bets on the future through its ETFs—robotaxis, artificial intelligence, genomics, and, most notably, outer space. But this week, one of its most feted space bets, Rocket Lab USA Inc (NASDAQ:RKLB) was discreetly trimmed from the ARK Space Exploration Innovation ETF…

Rocket Lab surged to all-time highs on optimism around its Neutron rocket and analyst upgrades, but is now in a healthy pullback following an overheated rally.

Several space stocks jumped last week on successful missions and bullish analyst coverage, while others slipped due to delays and new offerings.

Speculative momentum is surging in high-growth sectors like space infrastructure, eVTOL aircraft, AI platforms, and electric vehicles.

Citigroup boosted Rocket Lab with a new Street-high price target of $50, citing strong momentum and substantial projected revenue growth.