
Rocket Lab (NASDAQ: RKLB) has been one of the most explosive names in the aerospace and defense sector over the past year. The company has transformed from a niche small-cap into a mainstream space-industry favorite, now carrying a roughly $23 billion market cap. Just weeks ago, RKLB was printing new all-time highs ahead of earnings. And while the company ultimately delivered strong results, beating expectations on both EPS and revenue, the stock has since fallen more than 40% from its highs.
Yet even after this sharp correction, RKLB remains up more than 120% over the past year and 71% year to date. For investors who had been waiting months for a meaningful pullback, this is the first real opportunity to reassess the stock. The key question now: Is this sell-off a long-term buying opportunity, or has market sentiment shifted in a way that should concern investors?