Citizens cuts target to USD 90.00 for Rocket Lab stock

Published on 10/17/2026 at 21:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Rocket Lab's market value stood at USD 30.4 billion on October 16, 2026. Rocket Lab stock stood at EUR 45.35 on October 16, 2026 at 9:59 p.m. CEST.

Targets and key dates

Citizens lowered its Rocket Lab target from USD 130.00 to USD 90.00 on October 16, 2026.
Rocket Lab's market capitalization stood at USD 30.4 billion on October 16, 2026.
Rocket Lab stock was last quoted at EUR 45.35 on Tradegate on October 16, 2026 at 9:59 p.m. CEST.
Rocket Lab scheduled its next results for November 3, 2026.

Rocket Lab, US7731211089, Illustration mit AI erstellt.

Citizens lowered its Rocket Lab price target from USD 130.00 to USD 90.00 on October 16, 2026, while keeping an Outperform rating, according to Markets Insider. The USD 90.00 target was 77.03 percent above Rocket Lab's USD 50.84 Nasdaq price on October 16, 2026. The last Tradegate quote stood at EUR 45.35 on October 16, 2026 at 9:59 p.m. CEST.

Revenue growth shapes the outlook

Rocket Lab generated USD 234.07 million in revenue during the second quarter of 2026, compared with USD 200.35 million in the first quarter. Operating loss reached USD 57.51 million in the second quarter, while net loss was USD 49.26 million. The figures come from the company's quarterly financial statements.

Rocket Lab's investor-relations page lists the second-quarter 2026 results and describes the company as an end-to-end space business spanning launch services, satellite manufacturing, spacecraft components and on-orbit management solutions. The company reported more than 200 satellites delivered to orbit since Electron's first orbital launch in January 2018, according to Rocket Lab.

Price position and trading frame

The USD 37.57 to USD 151.00 52-week range places the October 16 Nasdaq price of USD 50.84 35.30 percent above the low and 66.33 percent below the high. Trading volume was 23,750,876 shares against an average volume of 19,687,762 shares. Rocket Lab's market capitalization was USD 30.4 billion, and its trailing P/E ratio was negative 183.60.

Comparison with peers

Rocket Lab: P/E negative 183.60, market capitalization USD 30.4 billion.

AST SpaceMobile: minus 8.55 percent, P/E negative 18.82, market capitalization USD 16.6 billion.

Planet Labs: minus 6.74 percent, P/E negative 12.33, market capitalization USD 4.6 billion.

Next reporting date

Rocket Lab lists November 3, 2026 as the date for its next results. That calendar entry gives investors a defined checkpoint after the target reduction and the recent move in the shares.

Price and investor calendar

The analyst revision puts the emphasis on execution and the timing of future revenue, while the second-quarter revenue figure shows the scale of Rocket Lab's existing business. The next results date is November 3, 2026.

Rocket Lab's last quoted euro price was EUR 45.35 on Tradegate on October 16, 2026 at 9:59 p.m. CEST.