The development risks of the Neutron rocket are difficult to underestimate. Goldman Sachs Group, Inc. has given Rocket Lab (RKLB.US) a "neutral" rating.
Goldman Sachs issued a research report, giving Rocket Lab (RKLB.US) a "neutral" rating with a target price of $32.
Goldman Sachs Group, Inc. released a research report, giving Rocket Lab (RKLB.US) a "neutral" rating with a target price of $32.
Rocket Lab's 2025 revenue exceeded expectations, with adjusted EBITDA and earnings per share (EPS) also meeting expectations. The company still appears to be on track to launch the medium-sized rocket Neutron by the end of this year, but the timetable is challenging/dependent on limited issues.
Management provided positive updates on Neutron's manufacturing capability/progress and demand. The space systems business continues to grow rapidly, with Neutron expected to drive further growth in the sector. Launch market supply is constrained, and Rocket Lab is well-positioned in both launch and space systems, but the company is still in the development stage of Neutron, with risks that should not be underestimated. Goldman Sachs Group, Inc. has a neutral stance on the stock.
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Yum China (09987) released its interim performance report, with a net profit of 507 million US dollars, an increase of 1.6% year-on-year.
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BEIJING ENT(00392): Beijing Yanjing Brewery (000729.SZ) recorded a net profit attributable to shareholders of approximately 1.103 billion yuan in the first half of the year, a year-on-year increase of 45.45%.

AI native customers increased cloud monitoring, but uncertainly about OpenAI still remains. Morgan Stanley cautiously bullish on Datadog (DDOG.US).

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