RKLB Stock Price Forecast — How Much Upside Do Analysts Expect after Q2 Earnings?

U.S.-based aerospace company Rocket Lab USA (RKLB) reported mixed Q2 2026 results earlier this week. While its $0.08-per-share loss was wider than estimates, revenue jumped 62% and its $2.36 billion backlog impressed investors. Looking ahead, analysts maintain a Strong Buy rating on RKLB, with an average price target of $110.93, implying 38.5% upside. RKLB currently trades at $80.10, up roughly 15% year-to-date.

For context, Rocket Lab is a space launch company focused on small orbital rockets and satellite solutions. It is best known for its Electron rocket and its upcoming Neutron launch vehicle. Neutron is designed to carry larger payloads than Electron and could create a new growth opportunity for Rocket Lab.

Here’s what financial analysts are expecting right now for Rocket Lab’s stock.

Latest Analysts’ Views on RKLB Stock

Following its Q2 earnings on August 11, analysts have turned more bullish on RKLB stock.

Four-star-rated analyst Andres Sheppard at Cantor Fitzgerald raised his price target for RKLB from $96 to $122, calling Neutron the company’s “most material catalyst.” He also maintained his Buy rating.

Sheppard sees Neutron as a key growth driver for RKLB. Once operational, he believes the rocket could become a direct alternative to SpaceX’s (SPCX) Falcon 9. He also expects demand for Neutron to support higher margins and help Rocket Lab move toward profitability. He pointed out that management is targeting up to 20 launches per engine and expects each launch to generate $50 million to $55 million in revenue.

Meanwhile, top-rated analyst Michael Leshock at KeyBanc reiterated his Buy rating on RKLB, citing momentum from its planned acquisition of Iridium (IRDM) as a potential driver of the company’s next growth phase. Iridium operates a global LEO satellite network with more than 60 active satellites and 10 on-orbit spares. Rocket Lab’s deal with Iridium is expected to close by mid-2027, adding to the company’s long-term growth prospects.

Leshock also highlighted the potential for Rocket Lab to build its own satellite network over time, which could create high-margin, subscription-based revenue streams and add a new source of recurring revenue.

Who Are the Best Analysts Covering RKLB Stock?

Interestingly, Sheppard is currently the most accurate analyst covering RKLB over the timeframe of three months. He has an 87% success rate and an average return of 45.43% per trade in the last three months. On TipRanks, Sheppard ranks #2,456 among more than 12,000 tracked analysts.

At the same time, KeyBanc’s Leshock is the most profitable analyst covering RKLB stock. He has a 73% success rate and an average return of 50% per trade in the last three months. On TipRanks, Leshock ranks #514 among more than 12,000 tracked analysts.

Is RKLB a Good Stock to Buy?

According to TipRanks, RKLB stock has received a Strong Buy consensus rating, with 12 Buys and four Holds assigned in the last three months. The average price target for Rocket Lab is $110.93, suggesting a potential upside of 38.5% from the current level.