Rocket Lab Stock Sees Upgraded Outlook Despite Mixed Q2 Earnings

Rocket Lab USA (RKLB) reported mixed Q2 earnings, with EPS at -$0.13 and revenue up 36% YoY to $144.5 million. Analysts raised their expectations for the space launch and satellite services company, with a consensus rating of Moderate Buy and an average price target of $46.58. Despite a 75% YTD gain, near-term gains may be limited after a 730% rise in the last 12 months.

Rocket Lab USA, Inc. (NASDAQ:RKLB) reported mixed Q2 earnings, with earnings per share (EPS) at -$0.13 and revenue up 36% year-over-year (YoY) to $144.5 million. Despite a 75% year-to-date (YTD) gain, near-term gains may be limited after a 730% rise in the last 12 months [1].

The company's strong revenue growth was driven by increased launch activity, including five Electron missions in the quarter, and continued expansion in satellite manufacturing and components. However, the company's net losses widened 59.5% to $66.4 million, marking the fifth consecutive year in the red [2].

Analysts raised their expectations for the space launch and satellite services company, with a consensus rating of Moderate Buy and an average price target of $46.58. The company's robust revenue and growth in its backlog signal ongoing momentum, despite the EPS miss [3].

Looking ahead, Rocket Lab anticipates Q3 2025 revenue between $145 million and $155 million, with a projected GAAP gross margin of 35-37%. The company is targeting over 20 launches in 2025 and plans the first launch of its Neutron rocket by year-end [3].

References:
[1] https://www.investing.com/analysis/rocket-lab-reports-q2-results-is-the-bull-thesis-still-intact-200665118
[2] https://paginasiete.bo/rocket-lab-q2-2025-record-144m-revenue-36-yoy-growth-margins-expand-650-bps-as-defense-pipeline-builds-rklb-stock/
[3] https://www.investing.com/news/transcripts/earnings-call-transcript-rocket-labs-q2-2025-revenue-hits-record-1445m-93CH-4180048