Yahoo · Oct 31, 2026
Rocket Lab's Backlog Is $2.36 Billion -- More Than Double Its 2026 Revenue -- and the Stock Still Fell 38% This Month. Here's the Disconnect.
Investors had to know this day was coming sooner or later.
RK
NASDAQ · RKLB
Rocket Lab USA, Inc.
Industrials · Aerospace & Defense
$54.73
Down-$2.66 (-4.86%)
Updated Nov 2, 2026, 10:12 PM
SID Score
4.5/10
Composite research score
Smart Money
56/100
Neutral
- Market cap
- 32.59B
- P/E ratio
- -120.03
- Dividend yield
- 0.00%
- 52-week range
- $37.57 – $151.00
- Volume
- 16.61M
- Avg. volume
- 21.82M
Price performance · RKLB
RKLB price history
1M range · 20 trading sessions · Daily adjusted prices
Prices through Oct 30, 2026
RKLB closed at $54.73 after 20 trading sessions, down 25.05% for the selected period.
- Last close
- $54.73
- Period change
- -25.05%
- Period low
- $50.84
- Period high
- $75.06
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Oct 30, 2026 | $55.71 | $57.5504 | $53.19 | $54.73 | 16.61M |
| Oct 29, 2026 | $57.76 | $61.13 | $57.6324 | $59.10 | 14.63M |
| Oct 28, 2026 | $58.495 | $59.30 | $56.94 | $58.60 | 12.4M |
| Oct 27, 2026 | $54.10 | $59.1799 | $53.57 | $58.31 | 21.34M |
| Oct 26, 2026 | $52.60 | $54.99 | $52.15 | $53.82 | 12.67M |
| Oct 23, 2026 | $50.73 | $52.915 | $49.522 | $52.60 | 13.44M |
| Oct 22, 2026 | $51.675 | $52.98 | $49.955 | $51.22 | 16.67M |
| Oct 21, 2026 | $52.22 | $53.90 | $52.02 | $53.67 | 17.86M |
| Oct 20, 2026 | $50.565 | $52.715 | $49.2501 | $50.90 | 16.95M |
| Oct 19, 2026 | $52.275 | $52.99 | $51.3101 | $51.36 | 17.08M |
| Oct 16, 2026 | $54.49 | $54.865 | $50.37 | $50.84 | 24.05M |
| Oct 15, 2026 | $53.86 | $55.398 | $49.693 | $55.25 | 48.56M |
| Oct 14, 2026 | $62.81 | $63.56 | $58.84 | $59.18 | 25.31M |
| Oct 13, 2026 | $64.07 | $64.56 | $63.08 | $64.22 | 15.59M |
| Oct 12, 2026 | $67.88 | $68.07 | $65.115 | $65.71 | 14.5M |
| Oct 9, 2026 | $68.71 | $69.25 | $66.98 | $68.21 | 14.93M |
| Oct 8, 2026 | $70.56 | $71.65 | $67.71 | $68.40 | 23.06M |
| Oct 7, 2026 | $73.115 | $73.16 | $70.63 | $71.92 | 20.5M |
| Oct 6, 2026 | $74.76 | $78.28 | $73.66 | $75.06 | 27.03M |
| Oct 5, 2026 | $73.70 | $73.81 | $71.37 | $73.02 | 19.11M |
Latest RKLB news
The latest Smart Investors Daily articles mentioning RKLB.
Stock researchCompany · Overview
Company
Market Activity
Research & News
RKLB research
Overview
Company profile and research snapshot.
Company profile
Rocket Lab Corp is engaged in space, building rockets, and spacecraft. It provides end-to-end mission services that provide frequent and reliable access to space for civil, defense, and commercial markets. It designs and manufactures the Electron and Neutron launch vehicles and Photon satellite platform. Rocket Lab's Electron launch vehicle has delivered multiple satellites to orbit for private and public sector organizations, enabling operations in national security, scientific research, space debris mitigation, Earth observation, climate monitoring, and communications. The business operates in two segments Launch Services and Space Systems. Geographically it serves Japan, Germany, and rest of the world and earns key revenue from the United States.
Visit company websiteAnalyst outlook
Consensus and target data currently published for this company.
- Consensus
- —
- Average target
- $67.67
- Implied upside
- —
- Analysts
- —
| Date | Firm | Rating | Target |
|---|---|---|---|
| Oct 16, 2026 | Citizens | Market Outperform | — |
| Oct 15, 2026 | Keybanc | Overweight | — |
| Oct 15, 2026 | TD Cowen | Buy | — |
| Oct 15, 2026 | Cantor Fitzgerald | Overweight | — |
| Oct 9, 2026 | TD Cowen | Buy | — |
News briefing
Generated Nov 2, 2026, 7:16 PM
Why Is RKLB Down 5.66% Today?
Rocket Lab's stock fell 5.66% today as investors grapple with a disconnect between the company's impressive $2.36 billion backlog and recent 38% monthly decline. Despite strong future revenue visibility, market sentiment remains cautious ahead of the company's November 9 earnings report, suggesting investors are pricing in near-term execution risks or margin concerns.
Bottom line: Rocket Lab presents a classic tale of a growth company with strong demand but investor doubt about profitability and execution. The November 9 earnings report is now a make-or-break catalyst—investors need to see concrete evidence of improving margins and cash conversion before the massive backlog justifies current or higher valuations.
Yahoo · Oct 31, 2026
Rocket Lab Reports Nov. 9. Here's What I'd Need to See Before Buying the Stock.
Could two numbers in the space company's next report make its 61% drop a buying opportunity?
Yahoo · Oct 30, 2026
Intuitive Machines Is Down 27% in October: Stay the Course, or Just Stay Away?
LUNR stock has shed more than a quarter of its value this month alone, and the bears and bulls each have a compelling case. Before the next earnings report forces the question, here is what each side needs to prove.
Yahoo · Oct 30, 2026
1 high-flying stock for long-term investors and 2 we turn down
“You get what you pay for” often applies to expensive stocks with best-in-class business models and execution. While their quality can sometimes justify the premium, they typically experience elevated volatility during market downturns when expectations change.
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Interpretive context generated from the platform’s current data sources.
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