Rate Of Return
QYLD$Rocket Lab(RKLB.US) reports its Q2 2026 financial results today, August 10 2026 after the US market closes. Wall Street expects around USD 231 million in revenue. This is a staggering 60% jump year over year. If Rocket Lab hits it, this is 5 record breaking quarters in a row.
Rocket Lab has just won a massive USD 397 million contract with the US Space Force. Total order backlog stands at a record USD 2.2 billion as of Q1 26. This is a huge increase of 108% year over year.
Rocket Lab is currently down 57% from its all time high of USD 151 achieved in May 2026.
Is it a buy? Analysts are bullish with a Buy rating despite the correction. The average price target is USD111.31, an upside potential of 49%.
Ultimately buying this stock isn't about looking at traditional P/E ratios. It is about believing that humanity's future belongs to the stars.
☕️ [Task Coins Giveaway] Daily Market Talk — Singapore Marks National Day as STI Extends Its Streak
Singapore's market is closed today for National Day (observed), but Friday left plenty to talk about: $FTSE Straits Times Index(STI.SG) notched its 9th straight weekly gain, with $DBS(D05.SG) extendin...
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