Rocket Lab stock jumps again today, Q2 earnings beat forecasts — after soaring 800% in 12 months, is RKLB still a buy now?

Rocket Lab (RKLB) is once again making headlines after its Q2 earnings topped analyst expectations, sending the stock higher in today's trading session. With an astonishing 800% surge over the past year, many investors are now wondering — has the rocket already taken off, or is there still time to ride the wave?

What is driving Rocket Lab stock higher today?

Rocket Lab stock (RKLB) jumped again today following its better-than-expected Q2 2025 earnings. The company reported revenue of $122.6 million, beating Wall Street estimates by more than $1 million.

ALSO READ: Trade Desk stock collapses 28% after Q2 shock — is this the beginning of the end for ad tech's golden run?


Though it posted a GAAP loss of $0.12 per share, its adjusted EPS came in at –$0.07, ahead of expectations. This earnings beat, coupled with strong mission execution and positive forward guidance, helped fuel today's rally in the stock.

Rocket Lab earnings show strong growth across launches and revenue

In Q2 2025, Rocket Lab launched five successful Electron missions, setting a company record. This included two launches in one weekend, a notable achievement in the competitive space launch market.

Here are key financial highlights:

• Revenue: $122.6 million (+36% YoY)
  
  
• Gross profit: $46.4 million
  
  
• Net loss: $66.4 million
  
  
• Adjusted EBITDA loss: $27.6 million
  
  

While Rocket Lab is still operating at a net loss, its revenue growth and improving gross margins signal progress toward long-term profitability.

ALSO READ: SoundHound (SOUN) surprises Wall Street with strong Q2 earnings, stock jumps 7% — is this the breakout voice AI investors have been waiting for?

Why Rocket Lab stock is up over 800% in just 12 months

Over the past year, RKLB stock has surged more than 800%, making it one of the best-performing aerospace stocks on the market. This incredible rally is being fueled by:

• Strong mission execution and launch reliability
  
  
• Growing demand from defense and commercial clients
  
  
• Strategic acquisitions like Geost
  
  
• Large government contracts, including a $515 million deal for satellite manufacturing
  
  
• Investor excitement over the upcoming Neutron rocket, set to launch in late 2025
  
  

Rocket Lab’s positioning as a reliable alternative to SpaceX and its growing foothold in national security and satellite services have significantly boosted investor confidence.

What are analysts saying about RKLB stock now?

Several major analysts have raised their Rocket Lab price targets following its Q2 results:

• Stifel: Raised from $34 to $55, maintaining a “Buy” rating
  
  
• Citi: Set a $50 target, citing strong long-term potential through 2029
  
  
• Cantor Fitzgerald: Reiterated “Overweight” with a $35 target
  
  

The consensus sentiment remains bullish, with most analysts calling RKLB a “Buy” based on its momentum, contract wins, and future growth catalysts.

Should you still buy Rocket Lab stock after this massive run?

With a gain of over 800% in 12 months, the natural question is: Is Rocket Lab still a buy now, or has the rocket already left the launchpad?

The answer depends on your investment style:

• For growth investors: RKLB still offers compelling upside. Its expansion into satellite production, defense contracts, and upcoming Neutron launches create a strong long-term story.
  
  
• For conservative investors: The stock is richly valued, and the company remains unprofitable. There’s execution risk as Rocket Lab scales its operations.
  
  

Still, with a solid balance sheet, growing revenue, and a rapidly expanding market, Rocket Lab is well-positioned to continue capturing attention — and market share.

Is now the time to invest in Rocket Lab?

Rocket Lab has evolved from a small launch provider into a full-scale space and defense company. With back-to-back successful missions, expanding government contracts, and robust analyst support, Rocket Lab stock (RKLB) still holds promise.

But after such a steep climb, short-term volatility is likely. Investors should watch upcoming launches, Neutron development milestones, and contract announcements closely.

If you're in it for the long haul and believe in the future of space tech, Rocket Lab could still be a buy — even after its 800% rally.

FAQs:

Q1: Is Rocket Lab stock still a good buy after rising 800%?
Yes, if you believe in long-term space tech growth, RKLB still shows promise.

Q2: Why did Rocket Lab stock jump today?
RKLB rose today after beating Q2 earnings and reporting strong launch activity.