Nov 11, 2026, 10:20 PM ETRocket Lab Corporation (RKLB) Stock, RKLB:CA StockDhierin BechaiInvesting Group LeaderSummaryRocket Lab remains a Strong Buy despite Neutron's first launch being delayed to 2027, as long-term fundamentals are intact.RKLB's Q3 revenue hit a record $267.8 million, beating guidance, with backlog surging 52% to $3.57 billion and Neutron bookings rising at higher prices.Elevated R&D and delayed Neutron profitability are offset by robust demand, improved launch pricing, and iridium's future recurring cash flow contribution.I reduced my 2030 price target to $106.60, reflecting lower multiples and expectations, but I see more reasons to like RKLB today than a year ago.Looking for a helping hand in the market? Members of The Aerospace Forum get exclusive ideas and guidance to navigate any climate.