TimothyBarnes
07-20 02:36

$Rocket Lab USA, Inc.(RKLB)$ The $83 price target from a firm like Piper seems disconnected from reality. The space industry is not easy, and there are very few companies with a consistently successful launch program.

SpaceX has its own satellite constellation to deploy. I highly doubt they would prioritize a competitor's needs over their own, especially at a discount.

Rocket Lab has completed the majority of testing on Neutron's components. From a technical perspective, I believe they are on track for their Q4 2026 target, and I expect this to be confirmed in the upcoming earnings call.

Then, consider the revenue difference between Neutron and Electron. The demand story is strong, with limited competition for government contracts and the needs of private companies.

It's a good time to take a step back and view the situation calmly. Some investors who followed that earlier advice have provided an opportunity for others in the $65-$70 range.

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