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Rocket Lab stock drops 25% amid Neutron rocket delay but analysts see nearly 150% upside potential.

Market News
26 Oct 2026, 15:45 WIB
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Neutral
Rocket Lab stock drops 25% amid Neutron rocket delay but analysts see nearly 150% upside potential.

Rocket Lab's stock has fallen 25% over three months due to a delay in the Neutron rocket's first launch, now pushed to 2027 from late 2026. Despite this setback, Wall Street analysts remain optimistic, citing a strong $2.36 billion backlog, a major defense contract, and the upcoming Iridium acquisition. The consensus price target suggests nearly 94% upside, with some analysts forecasting up to 147% gains if Neutron launches successfully and revenue targets are met. The company's improving margins and defense sector involvement add to the positive outlook, though further delays could increase risks.

Rocket Lab USA Inc (RKLB) trades at USD 52.62 on Pluang as of Oct 26, 2026 20:01 WIB, holding a market cap of $33.63 billion. Despite the recent 25% drop over three months mentioned in the news, the stock shows resilience with a slight 0.04% gain on the day. The company’s enterprise value stands at $31.46 billion, reflecting its significant presence in the industrials sector during this period.

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