BUZZ - "Neutron" rocket launch delayed to 2027, Rocket Lab stock drops

October 15 - **Aerospace company Rocket Lab (RKLB.O) shares dropped 9.89% in pre-market trading, to $53.34

**The company has postponed the first launch of its "Neutron" rocket (link) to 2027

**The launch was delayed due to defects or voids found in the carbon fiber composite layer at the top of the rocket's propellant tank

**The launch was initially scheduled for the fourth quarter of 2026

**TD Cowen stated the first "Neutron" rocket launch by RKLB could be postponed to the second quarter of 2027 or later, and management has not provided a more detailed timetable

**Out of 24 brokerages, 20 rate the stock as "buy" or higher, and 4 rate it as "hold"; the median price target is $105 — data compiled by LSEG

**As of the previous trading day's close, RKLB has fallen a little over 15% so far this year

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