Rocket Lab (RKLB) Valuation Check After 54.9% One Month Share Price Surge
Rocket Lab (RKLB) has drawn fresh attention after a sharp move in its share price, with 1 day, 1 week, month and past 3 months returns all showing positive momentum for the stock.
See our latest analysis for Rocket Lab.
The latest 1 month share price return of 54.91% and 1 day move of 8.93% come on top of a very large 3 year total shareholder return, suggesting momentum has been building rather than fading recently.
If Rocket Lab’s recent move has you thinking about the broader space and defense theme, it could be a good moment to look at aerospace and defense stocks as well.
With Rocket Lab up 54.9% in a month and trading above the current analyst price target, the key question now is whether the stock is still undervalued or if the…
