Saw a bullish thesis on RKLB recently. The stock is trading around $72. The main argument is that the market is focusing too much on the Neutron launch delay to Q1 2026 and ignoring the financials. Revenue came in at $155 million, up 48% year over year. Gross margins are holding at 37%. They have a $1 billion backlog and expect to recognize over half of that in the next 12 months. Losses also narrowed and beat non-GAAP expectations. Hedge fund ownership did drop though, with 34 funds holding it in Q3 compared to 46 the previous quarter.