If you are wondering whether Rocket Lab’s share price still makes sense after a big run, this article focuses squarely on what the current valuation is actually saying.
The stock has been very strong recently, with a 13.5% return over the last 7 days, 78.5% over the last 30 days, 26.7% year to date and 301.2% over the past year. The 3 year return is very large at about 19x and the 5 year return stands at 817.1%.
Recent news around Rocket Lab has highlighted its role in the commercial space sector, including ongoing interest in its launch services and satellite capabilities. This context has kept attention on how the market is pricing the company after such substantial share price moves.
