What's Happening With Rocket Lab Stock Monday?
Rocket Lab Corp (NASDAQ:RKLB) shares are trading lower Monday morning as investors look ahead to this week's earnings report following a volatile stretch for space-related stocks. Here’s what investors need to know.
- Rocket Lab stock is holding steady today. Where is RKLB stock headed?
SpaceX IPO Buzz, Defense Rally
The volatility comes after sharp swings to start 2026, when speculation about a potential $1.5 trillion SpaceX listing drew capital away from other launch providers and weighed on Rocket Lab alongside a broader pullback in launch and satellite names.
At the same time, Congress's recent decision to withhold funding for NASA's planned 2031 Mars sample-return mission has led investors to reassess parts of Rocket Lab's longer-term deep-space opportunity set.
More recently, sentiment has improved in defense and space stocks as geopolitical tensions rise, with Rocket Lab stock jumping 7% over the trailing week.
The company is leaning into the aforementioned theme through its Cassowary Vex mission, its fourth hypersonic test in under six months using the HASTE vehicle for the Defense Innovation Unit, intended to lower test costs and increase cadence for U.S. and allied militaries.
Mixed Technical Momentum Signals
Rocket Lab is currently trading 8.2% below its 20-day simple moving average (SMA) and 7.5% below its 50-day SMA, suggesting short-term weakness.
However, the stock is 7.5% above its 100-day SMA and 35.1% above its 200-day SMA, indicating longer-term strength. Over the past 12 months, shares have increased by 210.58%, and they are currently positioned closer to their 52-week highs than lows.
The RSI is at 46.40, indicating neutral momentum, while the MACD shows a value of -1.8747, below its signal line of -1.3121, suggesting bearish pressure on the stock.
The combination of neutral RSI and bearish MACD indicates mixed momentum, reflecting uncertainty in the current market environment.
- Key Resistance: $80.00
- Key Support: $67.00
Rocket Lab Earnings Countdown
The countdown is on: Rocket Lab is set to report earnings on Thursday after the bell.
- EPS Estimate: Loss of 9 cents (Up from Loss of 10 cents)
- Revenue Estimate: $178.07 million (Up from $132.39 million)
Analyst Consensus & Recent Actions: The stock carries a Buy Rating with an average price target of $64.00. Recent analyst moves include:
- Goldman Sachs: Neutral (Raises Target to $69.00) (Jan. 20)
- B of A Securities: Buy (Raises Target to $120.00) (Jan. 20)
- Morgan Stanley: Upgraded to Overweight (Raises Target to $105.00) (Jan. 16)
RKLB Lab Shares Flat Monday
RKLB Price Action: Rocket Lab shares were down 1.37% at $69.94 at the time of publication on Monday.
Image: Shutterstock
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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