Is it a good time to buy spce
6/6/2025 03:37am
**Space Exploration Technologies Corp. (SPCE) does not appear to be a good stock to buy today** based on several points:
1. **Recent Performance**: SPCE's stock has experienced significant volatility, with a 54.26% increase on May 27, followed by a 11.81% decrease on May 28, and a continued decline of 7.41% on May 29. This recent volatility suggests that the stock is still in a volatile phase.
2. **Market Sentiment**: While there has been a positive sentiment due to tariff relief, as seen on May 27, 2025, when the stock jumped amid general tariff developments, this positive sentiment might not be enough to sustain a steady upward trend in the stock price.
3. **Financial Health Concerns**: SPCE has been facing significant macroeconomic and tariff-related uncertainties, which have been highlighted as key risks in their SEC filings. The company has also expressed "substantial doubt" about its ability to continue as a going concern. These concerns could lead to further uncertainty in the stock's performance.
4. **Technical Analysis**: From a technical analysis perspective, the stock has experienced a likely short squeeze on May 27 due to general tariff relief news, but this might not be enough to drive a sustained upward trend. The stock's recent price of $3.42 on June 5, 2025, is relatively close to its 52-week low of $1.76, indicating that it might still have a long way to go before reaching a perceived "fair" value.
5. **Earnings Report**: SPCE is scheduled to announce its Q1 2025 earnings results on May 6, 2025, with analysts expecting a loss of ($0.57) per share and revenue of $125.00 million for the quarter. The expectation of negative earnings could further dampen investor sentiment.
6. **Institutional Activity**: There has been some institutional interest, with Squarepoint Ops LLC acquiring a new position in iRobot in the fourth quarter of 2024. However, the stock remains heavily shorted, with 24% of the total float, which could contribute to further volatility.
In conclusion, while there might be some short-term opportunities due to tariff relief and other external factors, the overall uncertainty and volatility in SPCE's stock price, combined with fundamental concerns about the company's financial health and earnings outlook, make it a risky investment to consider buying today. Investors should exercise caution and consider these factors before making a decision.
|code|Ticker|Name|Date|Percentage Change|market_code|
|---|---|---|---|---|---|
|IRBT|IRBT.O|iRobot|20250527|54.2636|185|
|IRBT|IRBT.O|iRobot|20250528|-11.809|185|
|IRBT|IRBT.O|iRobot|20250529|-7.4074|185|
|IRBT|IRBT.O|iRobot|20250530|-5.5385|185|
|IRBT|IRBT.O|iRobot|20250602|0.3257|185|
|IRBT|IRBT.O|iRobot|20250603|5.5195|185|
|IRBT|IRBT.O|iRobot|20250604|2.6154|185|
|IRBT|IRBT.O|iRobot|20250605|-1.9490254872563701|185|