Rocket Lab is scheduled to release third-quarter results after trading ends today, Monday, November 9. Analysts forecast a loss of 7 cents per share. Analysts project revenue of $257.71 million. Rocket Lab previously forecast third-quarter revenue between $250 million and $265 million. Rocket Lab's prior-quarter loss was 8 cents per share, compared with a consensus forecast of 7 cents. Rocket Lab generated record revenue of $234.07 million in that quarter, exceeding the $231.35 million consensus estimate.
Cantor Fitzgerald said defects in a first-stage tank component pushed Neutron's initial launch into 2027. Cantor Fitzgerald expects the launch in the second quarter of 2027. Rocket Lab's backlog ended the second quarter at a record $2.36 billion, an increase of 137%. Rocket Lab signed new contracts worth more than $1 billion early in the third quarter.
Rocket Lab agreed in June to acquire satellite communications company Iridium for about $8 billion, with completion expected by mid-2027. The acquisition terms include $27 per share in cash and Rocket Lab stock. Iridium shareholders approved the transaction in September. Rocket Lab raised about $1.9 billion through an at-the-market share sale to finance the acquisition.
Investors will monitor cash burn following Rocket Lab's second-quarter GAAP operating loss of $57.5 million as Neutron spending continues. Space Systems contributed about 81% of second-quarter revenue and operates independently of Neutron. Investors will also watch growth in Space Systems.
The analyst consensus gives Rocket Lab a Buy rating and an average price forecast of $103.23. Citizens lowered the price target to $90.00 on October 16 while assigning a Market Outperform rating. TD Cowen maintained a $90.00 target and Buy rating on October 15. Keybanc lowered the target to $100.00 on October 15 while assigning an Overweight rating.
Benzinga Pro data showed Rocket Lab shares up 1.04% at $53.62 at publication. The technical assessment used a share price of $53.71 and described the longer-term trend as still recovering. The assessment placed shares 1.4% below the 20-day simple moving average of $54.87. Shares stood 13.5% below the 50-day simple moving average of $62.56. Shares were 23.5% below the 100-day simple moving average of $70.68. Shares were also 31.4% below the 200-day simple moving average of $78.87, leaving rebounds exposed to selling pressure.
The 20-day simple moving average remains below the 50-day average. The 50-day average remains below the 200-day average following a death cross in August. That configuration often limits rebounds until the share price regains and sustains at least the 50-day average. MACD remains below the signal line with a negative histogram, indicating weaker upward momentum than during the preceding advance. MACD measures faster trend signals against slower signals, and a reading below the signal line typically indicates weakening momentum unless buying returns.
The relevant trading range extends from the November 2025 low of $37.57 to the May high of $151.00. A recovery toward the low $60s would become more significant if the price also regained the 50-day moving-average area. A decline toward the high $40s would test whether buyers remain willing to support recent lows. The identified resistance level is $61.00, near the 50-day moving-average area where rebounds can stall. The identified support level is $49.50, a nearby floor below the current price that could become important if selling resumes.
Rocket Lab to Release Q3 Earnings with Analysts Forecasting 7-Cent Loss
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Summary
Rocket Lab is set to report Q3 earnings after the market closes on Monday, November 9. Analysts predict a 7-cent loss per share and $257.71 million in revenue. The company’s guidance of $250–$265 million aligns closely with expectations. Rocket Lab added over $1 billion in new contracts and holds a $2.36 billion backlog. The firm plans to acquire Iridium for $8 billion, with a projected close by mid-2027. Investors tracking altcoins to watch may monitor market sentiment, as the fear and greed index remains a key indicator for broader crypto movements.
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