It's Too Early To Pick Up Rocket Lab Stock (Technical Analysis, Rating Downgrade)
2025-03-06 03:00:44 ET
Summary
- Technical analysis shows that weakness is likely to continue for the stock as most indications are bearish.
- Most recent earnings were strong with impressive revenue growth. However Q1 guidance falls flat as their projections were disappointing.
- While the stock may trade off the growth story more than the financials, the P/S ratio shows overvaluation relative to their Q1 guidance.
- With both the technical and fundamental setups being unattractive currently, I believe Rocket Lab is now a sell.
Thesis
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It's Too Early To Pick Up Rocket Lab Stock (Technical Analysis, Rating Downgrade)NASDAQ: RKLB
RKLB Trading
-7.12% G/L:
$123.29 Last:
12,925,843 Volume:
$128.10 Open:










