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Rocket Lab shares drop 65% since May amid delays and risks despite strong revenue growth forecast.

Company Fundamentals
06 Nov 2026, 15:31 WIB
Seeking Alpha
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Bearish
Rocket Lab shares drop 65% since May amid delays and risks despite strong revenue growth forecast.

Rocket Lab's stock has fallen nearly 65% since May, driven by high initial expectations and a cooling interest in space stocks. The company's Neutron rocket delay to 2027 and its $8 billion acquisition of Iridium introduce significant risks, including execution challenges and dilution. While revenue is expected to grow 66% in Q3 and could triple by 2030, weaker profit margins and ongoing cash burn may weigh on investor sentiment. As a result, Rocket Lab's stock may struggle to reach its previous peak, reflecting a more cautious market view on future growth potential.

Rocket Lab's market cap stands at $29.41 billion as of Nov 06, 2026 20:12 WIB, with a high trading volume of 36,391,716 shares on Pluang. Despite the recent 65% drop since May noted in the article, the stock price on Pluang was $47.96, up 4.28% on the day. However, Pluang order activity shows a strong sell sentiment at 94%, indicating cautious investor behavior amid the company's challenges.

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