Rocket Lab Corporation (RKLB) has been upgraded to a Buy rating due to its structural advantage of owning both launch and satellite assets, further boosted by its acquisition of Iridium, which is expected to bring immediate positive EBITDA. Meanwhile, AST SpaceMobile (ASTS) remains a Sell because of execution risks tied to delayed satellite deployments and ongoing downward revenue revisions. RKLB's near-term focus is on bookings, backlog, and progress with its Neutron rocket, while ASTS needs to show concrete launch progress to avoid further cuts in estimates. This upgrade reflects confidence in RKLB's growth potential and caution over ASTS's operational challenges.
As of Oct 23, 2026 02:11 WIB, Rocket Lab (RKLB) trades at USD 50.30 on Pluang, down 6.25% in one day, with a market cap of $34.32 billion and a strong buy interest at 68% of orders. AST SpaceMobile (ASTS) is priced at USD 37.97, down 7.18% for the day, with a market cap of $12.26 billion and an even higher buy order share of 92%. Despite the downgrade risks for ASTS noted in the article, it remains highly favored by Pluang investors, while RKLB shows notable market value and active trading volume as of the timestamp.
Space stocks are experiencing a sharper decline than the broader tech sector, with SpaceX, AST SpaceMobile, and Rocket Lab shares falling 6%, 6%, and 5% respectively. This drop follows a recent rally after SpaceX reported its first profitable quarter...
Rocket Lab Corporation announced it will release its financial results for the third quarter of 2026 after U.S. market close on November 9, 2026. The company will host a conference call at 2:00 p.m. Pacific Time to discuss the results, accessible via...
Iridium Communications completed its acquisition of Aireon, enhancing its satellite-based air traffic surveillance capabilities. Rocket Lab's acquisition of Iridium was approved by 99.6% of shareholders, with the deal expected to close by mid-2027 pe...
AST SpaceMobile's stock rose 4% after Europe's four largest wireless carriers signed a letter of intent to explore a joint bid for mobile satellite services spectrum. This move could expand AST's BlueBird satellite network, which currently has 13 sat...
