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Rocket Lab remains a buy despite a nearly one-year Neutron rocket delay and lowered revenue forecast.

Analyst Insights
30 Oct 2026, 16:21 WIB
Seeking Alpha
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Bullish
Rocket Lab remains a buy despite a nearly one-year Neutron rocket delay and lowered revenue forecast.

Rocket Lab Corporation (RKLB) is still recommended as a buy despite an expected delay of nearly one year for its Neutron rocket. The delay reduces 2030 revenue estimates by $320 million and lowers the fair value per share by 14% to $86. However, secured financing from Iridium gives the company a strong financial runway, reducing dilution risk and supporting its long-term space ambitions. The updated launch timeline and increased risk have been factored into the revised valuation, but the investment thesis remains positive.

Rocket Lab's stock price at USD 56.37 as of Oct 30, 2026, is closer to its 52-week low of USD 39.48 than its high of USD 150.23, showing significant room below its peak despite the recent 4.62% drop. On Pluang, the stock sees a predominantly sell-side order activity at 81%, reflecting cautious sentiment among investors. The typical hold time of 32 days indicates moderate trading interest in this space sector stock.

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