The Rolls-Royce (LSE:RR.) share price has delivered spectacular returns in recent years, transforming the company into one of the highest-performing stocks in the entire FTSE 100 since 2021.

But lately, that explosive momentum has started fading. Since reaching 1,586p in early August, the shares have drifted almost 8% lower to around 1,462p today. Is this a sign that the momentum is fading? Or is it just a temporary pause in a much longer bull run?

Why is momentum stalling?

There are a lot of factors at play here. But the recent weakness is certainly not a result of underwhelming financial results. In fact, across the first half of 2026 the engineering group’s underlying revenues surged yet another…