Rocket Lab 'A'

Morgan Stanley reportedly rates Rocket Lab as undervalued and sets a price target of $105, implying roughly 63% upside. The company shows strong growth with record revenue of USD 234 million in Q2 (+62%) and a backlog of USD 2.36 billion, but continues to post losses (net loss USD 49.3 million; operating cash flow H1: -USD 134.4 million) with cash and equivalents of USD 2.13 billion. Crucial for the valuation are the successful completion of the Neutron test phase and regulatory approvals for the Iridium takeover, both of which are still pending. » More on finanzen.net

Rocket Lab has founded Rocket Lab Germany GmbH, acquired Mynaric, and plans to build production and its full portfolio in Germany. COO Frank Klein sees Germany/Europe as a growth market and intends to close the gap with the USA and China through additional launches, including the soon-expected 100th Electron launch and the first Neutron launch. The company wants to support European infrastructure but rules out a rocket launch site in Germany due to geographical constraints. » More on faz.net

Rocket Lab reports that eight of 17 satellite platforms for MDA Space and Globalstar have been successfully commissioned. Regulatory hurdles for the planned takeover of Iridium have been cleared, and an equity program is intended to secure financing. In the second quarter, revenue rose 62% to $234 million, and the order backlog stands at $2.36 billion. » More on finanzen.net

Rocket Lab increased revenue by 62% to $234 million but posted a loss of $0.08 per share, missing expectations. The company received a large order for the medium‑range Neutron rocket, introduced the flexible, location‑independent GHOST launch system and founded Rocket Lab Germany. Backlog rose to $2.36 billion; revenue for Q3 is expected to be $250–265 million. » More on finanzen.net

Rocket Lab reported a Q2 record revenue of US$234 million and a backlog of US$2.36 billion, but posted an adjusted loss of $0.08 per share. Its GAAP gross-margin outlook for Q3 of 29–31% was well below analysts' expectations and triggered an about 7.7% drop in after-hours trading. Despite positives such as Q3 revenue guidance, the new mobile launch system GHOST, a planned Neutron launch with Kepler in 2028 and a German subsidiary, investors remain concerned about near-term margin pressure and cash burn from Neutron development and M&A integration. » More on de.investing.com