1 Growth Stock Down 27% to Buy Right Now

• A hold of Rocket Labs' Neutron's motorboat sparked a 27% selloff, but shares person partially recovered.

• The 3rd 4th saw grounds gross of $155 million, 17 Electron contracts, and a $1 cardinal backlog.

• Analyst statement rates it a mean bargain with a precocious people price, implying coagulated upside for investors.

• These 10 stocks could mint the adjacent question of millionaires ›

Rocket Lab (NASDAQ: RKLB) had 1 of the astir promising bull runs successful 2025 -- until 1 announcement brought the banal crashing implicit 27% successful a month.

Some investors deliberation of Rocket Lab arsenic "SpaceX-lite," noting that it operates successful the aforesaid ringing (reusable rockets) but successful antithetic value classes (SpaceX mostly does medium- to heavy-lift and mega-constellation launches, portion Rocket Lab focuses connected small-satellite launches).

Rocket Lab's Neutron was acceptable to alteration each that. The medium-lift rocket increases its payload wide to 13,000 kg for debased Earth orbit (LEO), which makes it a viable alternate to SpaceX's medium-lift clients that don't needfully request a afloat Falcon 9 experience.

However, according to its third-quarter financials released connected Nov. 10, Rocket Lab "updated" its Neutron motorboat docket from the extremity of 2025 to the archetypal 4th of 2026.

And I get it -- delays similar this tin spook investors and shatter marketplace confidence. However, for those silver-lining types, this downtrend really presents a large introduction accidental for this maturation stock. Here's why.

First, let's delve into the third-quarter financials. Rocket Lab secured 17 Electron motorboat contracts successful conscionable the 3rd quarter, with the Electron being its small-lift rocket. For reference, Rocket Lab had lone 12 Electron launches crossed the full nine-month play of 2024, close astir this clip past year. That shows monolithic scaling.

The institution besides reported awesome 48% top-line maturation to a grounds $155 million. Gross borderline (on a GAAP basis) besides improved to 37%. It did study higher gross and R&D costs for this quarter, though it was mostly offset by definite taxation benefits. As a result, nett losses were little astatine $0.03 per share.

CEO Sir Peter Beck besides stated that the institution has a "$1.05 cardinal backlog," which indicates beardown request and a coagulated instauration for aboriginal gross growth. On apical of that, it announced a caller national defence declaration for its Neutron rocket and Archimedes reusable motor improvement with the U.S. Air Force's Research Laboratory.

Together with different erstwhile agreements with the U.S. and U.K., this proves Rocket Lab has an progressively viable on-ramp to bigger defence contracts.