Rocket Lab Corporation (NASDAQ:RKLB) shares are trading lower Monday premarket, down about 1%, as aerospace and defense names slide—led by a sharper drop in Boeing (NYSE:BA), pressuring the group. Separately, Rocket Lab recently completed its 97th Electron launch, delivering a Synspective satellite, according to Benzinga Pro.
48%). 19% premarket dip is the second-steepest move among a five-stock peer set.
Read Also: SpaceX Is Winding Down Falcon 9 as a Launch Crunch Looms: Can Rocket Lab's Neutron Fill the Gap? 33% in premarket trading.
In recent company-specific developments, Iridium Communications shareholders approved Rocket Lab’s proposed acquisition, with the companies still targeting a mid-2027 closing, while Rocket Lab also won a spot on the Space Force’s NITE-STAR contract vehicle with a combined cap of up to $981 million across awardees. 49, signaling improving short-term momentum.
09, while the 50-day SMA remains below the 200-day SMA following an August death cross. MACD is above its signal line with a positive histogram, suggesting downside momentum has eased.
Key resistance sits near $87 to $88, close to the 100-day SMA, while support is around $61. RKLB Earnings Estimates And Analyst Targets Rocket Lab’s next earnings report is estimated for Nov.
9, 2026. Wall Street expects a loss of 6 cents per share, compared with a loss of 3 cents a year earlier.
05 million. 14.
Recent analyst actions include Raymond James initiating coverage with an Outperform rating and $80 target on Sept. 11.
BofA Securities maintained Buy while lowering its target to $110 on Aug. 31, and Citizens maintained Market Outperform with a $130 target on Aug.
11. 60%.
Flows into or out of these ETFs can contribute to trading activity in RKLB, though they are only one factor influencing the stock. 91 during premarket trading on Monday, according to Benzinga Pro data.
