NASDAQ:RHLD 13 January 2026

April 30, 2026, 6:07 AM EDT. The Rolls-Royce share price has dropped about 19% since early April, pressured by investor concerns over the Middle East conflict's impact on jet fuel costs and aviation demand. The company's large civil aviation division is vulnerable to reduced flying hours and airlines cutting back on new engine purchases. Ahead of its Annual General Meeting on April 30, Rolls-Royce issued a trading statement signaling a "strong start to the year" and confidence in fully mitigating the current financial disruptions. It reaffirmed its full-year targets for 2026. Despite the cautious optimism, risks remain if the geopolitical crisis worsens and depresses air travel further. Shares opened up 1% on April 30 but trade at a high price-to-earnings ratio of 37 times, limiting a safety margin for investors.