Is Rocket Lab (RKLB) Stock a Buy Ahead of Q2 Earnings Monday?
TLDR
- RKLB stock is down 57% from its all-time high of $151, currently trading at $82.83
- Analysts have a consensus “Moderate Buy” rating with an average price target of $110.29
- Q1 2026 revenue hit $200.35 million, up 63.4% year over year
- Rocket Lab secured roughly $663 million in U.S. Space Force contracts recently
- Insiders have sold $362.8 million worth of stock over the past three months
Rocket Lab (RKLB) stock opened at $82.83 on Monday, sitting 57% below its all-time high of $151 set in June. Yet Wall Street isn’t giving up on it. The consensus analyst price target sits at $110.29, implying roughly 49% upside from current levels.
The stock carries a “Moderate Buy” rating from analysts, with three Strong Buy ratings, thirteen Buy ratings, five Hold ratings, and one Sell rating. Morgan Stanley reaffirmed an “Overweight” rating in July. New Street Research set a $150 price target back in May.
Q1 2026 revenue came in at $200.35 million, up 63.4% year over year and ahead of analyst estimates of $189.65 million. The company matched the consensus loss estimate of $0.07 per share.
… Continue reading the full article at the original source below.
