Rocket Lab stock: Needham kept its USD 120.00 target for Rocket Lab stock

Published on 10/22/2026 at 20:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Rocket Lab revenue reached USD 234.07 million in Q2 2026, up 62.00 percent. Rocket Lab stock costs EUR 44.85 on October 22, 2026 at 8:07 p.m. CEST.

Analyst target and reporting date

Needham kept its USD 120.00 target for Rocket Lab on October 16, 2026.
Second-quarter 2026 revenue reached USD 234.07 million, up 62.00 percent year over year.
Rocket Lab stock costs EUR 44.85 at Lang & Schwarz on October 22, 2026 at 8:07 p.m. CEST.
Rocket Lab plans to publish third-quarter 2026 results on November 9, 2026.

Rocket Lab, US7731211089, Illustration mit AI erstellt.

Rocket Lab (ISIN US7731211089) had its USD 120.00 price target retained by Needham on October 16, 2026, according to Investing.com. The firm kept its Buy rating while Rocket Lab's Neutron launch timing moved into 2027. At Lang & Schwarz, the stock was trading at EUR 44.85 on October 22, 2026 at 8:07 p.m. CEST in after-hours trading.

Revenue reached USD 234.07 million

Rocket Lab reported record revenue of USD 234.07 million for the second quarter of 2026, an increase of 62.00 percent from USD 144.50 million a year earlier. The period also produced a gross profit of USD 84.58 million and a gross margin of 36.00 percent, according to PR Newswire. The company's second-quarter operating cash flow was negative USD 84.08 million.

What does the stock price show?

On Nasdaq, Rocket Lab was trading at USD 50.40 on October 22, 2026 at 2:12 p.m. EDT. Its market capitalization was USD 30.2 billion, while the 52-week range ran from USD 37.57 to USD 151.00. The euro quotation and the Nasdaq quotation represent separate venues and currencies.

Valuation and reporting date

Rocket Lab's latest quarterly loss attributable to common shareholders was USD 49.26 million for the second quarter of 2026. The company plans to release its third-quarter 2026 results on November 9, 2026, at 5:00 p.m. EST, according to Rocket Lab. That date gives investors the next scheduled checkpoint for revenue, cash use and progress on Neutron.

Price and investor perspective

Needham's USD 120.00 target remains a forward-looking analyst view rather than a company forecast. Rocket Lab's operating picture combines 62.00 percent second-quarter revenue growth with a USD 49.26 million quarterly loss and negative operating cash flow, leaving execution and launch timing central to the next report.

Rocket Lab stock after hours

Rocket Lab was trading at EUR 44.85 at Lang & Schwarz on October 22, 2026 at 8:07 p.m. CEST in after-hours trading. The further course of trading is shown by the continuously updated real-time quote of Rocket Lab stock.