Rocket Lab Corp (NASDAQ:RKLB) reported mixed financial results for the third quarter after the closing bell on Monday.

Rocket Lab reported third-quarter revenue of $267.83 million, beating the consensus estimate of $255.71 million. The end-to-end space company reported a loss of 12 cents per share for the quarter, missing estimates for a loss of six cents per share, according to Benzinga Pro.

"Nearly $1 billion of that backlog comes from new launch contracts, signed in Q3 2026 alone, as well as $470 million signed for Space Systems," said Peter Beck, founder and CEO of Rocket Lab.

Rocket Lab guided for fourth-quarter revenue of $270 million to $290 million. The company also anticipates an adjusted EBITDA loss of $14 million to $20 million in the fourth quarter.

Rocket Lab shares dipped 10.2% to $52.87 in pre-market trading.

These analysts made changes to their price targets on Rocket Lab following earnings announcement.

• Cantor Fitzgerald analyst Andres Sheppard maintained the stock with an Overweight rating and lowered the price target from $122 to $111.
• Piper Sandler analyst Alexander Potter maintained the stock with a Neutral and lowered the price target from $83 to $58.
• Keybanc analyst Michael Leshock reiterated the stock with an Overweight rating and maintained a $100 price target.

Considering buying RKLB stock? Here’s what analysts think:

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