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RKT Overview

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ET
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ET
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Intellectia

Loading chart...

High
15.550
Open
15.510
VWAP
15.00
Vol
30.51M
Mkt Cap
41.95B
Low
14.615
Amount
457.53M
EV/EBITDA(TTM)
22.23
Total Shares
2.83B
EV
57.50B
EV/OCF(TTM)
--
P/S(TTM)
--
Rocket Companies, Inc. operates a fintech platform including mortgage, real estate and personal finance businesses: Rocket Mortgage, Redfin, Rocket Close, Rocket Money and Rocket Loans. Its suite of products empowers its clients across home search, mortgage finance and servicing, title and closing, financial wellness and personal loans. It operates in two segments: Direct to Consumer and Partner Network. In the Direct to Consumer segment, clients have the ability to interact with Rocket Mortgage digitally and/or with the Company's mortgage bankers. It markets to potential clients in this segment through various brand campaigns and performance marketing channels. It provides client service and leverages its brand to strengthen its wholesale relationships, through Rocket Pro, as well as enterprise partnerships, both driving growth in its Partner Network segment. Its enterprise partnerships include financial institutions and consumer-focused companies that value its client experience.
Show More

Events Timeline

(ET)
2026-05-11
08:20:00
Redfin Launches Sunscore to Assess Natural Light
select
2026-05-07 (ET)
2026-05-07
16:10:00
Rocket Companies Q1 Revenue $2.94B Exceeds Expectations
select
2026-05-07
16:10:00
Rocket Companies Sees Q2 Revenue of $2.7B-$2.9B
select
2026-04-06 (ET)
2026-04-06
14:40:00
Rocket Companies Shares Rise 1.1% to $15.12
select

News

NASDAQ.COM
4.5
05-11NASDAQ.COM
NASDAQ 100 Pre-Market Update: Active Stocks and Trends
  • Market Performance: The NASDAQ 100 Pre-Market Indicator is down 40.56 points to 29,194.43, indicating cautious market sentiment that may influence short-term investor decisions.
  • Active Stocks: Nokia Corporation (NOK) is up $0.27 to $13.09 with a trading volume of 6,532,196 shares, and the current mean recommendation is in the 'buy range', reflecting optimistic market expectations for its future performance.
  • Earnings Forecast Revisions: Circle Internet Group, Inc. (CRCL) has risen $2.33 to $116.00, with three upward revisions in earnings forecasts over the past four weeks, projecting an EPS of $0.19 for the fiscal quarter ending June 2026, indicating strong market confidence in its growth potential.
  • Target Price Analysis: Hims & Hers Health, Inc. (HIMS) is up $1.19 to $29.46, with its current price at 116.67% of the target price of $25.25, suggesting its market performance exceeds expectations and may attract more investor interest.
moomoo
9.5
05-08moomoo
ROCKET COMPANIES STOCK RISES 3.5% IN PREMARKET TRADING FOLLOWING Q1 PROFIT BEAT
  • Stock Performance: Rocket Companies' shares increased by 3.5% in pre-market trading.

  • Earnings Report: This rise follows the company's Q1 profit estimates, which exceeded expectations.

seekingalpha
9.5
05-08seekingalpha
Rocket Companies Reports Strong Q1 2026 Earnings Amid Market Volatility
  • Performance Exceeds Expectations: Rocket Companies reported adjusted revenue of $2.822 billion in Q1, surpassing the high end of guidance, indicating strong performance in a volatile market, which is likely to boost investor confidence and drive stock price appreciation.
  • AI-Driven Efficiency Gains: The company has invested over $500 million in AI and automation over the past six years, utilizing AI to reduce loan officer prospecting time from up to two hours per day to zero, significantly enhancing operational efficiency and lowering labor costs.
  • Market Share Growth: The net rate lock volume reached $49 billion in Q1, a 19% quarter-over-quarter increase, with 54% of refinancing coming from existing service clients, indicating sustained competitiveness in the market and the potential for further consolidation of market position.
  • Optimistic Future Outlook: Management expects adjusted revenue for Q2 to be between $2.700 billion and $2.900 billion, and despite facing higher mortgage rates and market challenges, they remain confident in continued share gains, reflecting a positive outlook for the company's future.
NASDAQ.COM
9.5
05-07NASDAQ.COM
Rocket Companies Reports Q1 Net Income Surge
  • Net Income Reversal: Rocket Companies reported a net income of $297 million for Q1, translating to $0.10 per share, a significant turnaround from a net loss of $10 million or $0.08 per share in the previous year, indicating a marked improvement in profitability.
  • Adjusted Earnings Surge: The adjusted earnings reached $422 million, or $0.15 per share, compared to $80 million and $0.04 per share last year, showcasing the company's success in cost management and revenue growth.
  • Total Revenue Increase: The total revenue for the first quarter was $2.941 billion, up 167% from last year's $1.101 billion, reflecting strong sales growth driven by robust market demand.
  • Positive Stock Reaction: Following the earnings report, Rocket Companies' stock rose by 3.11% to $14.59 in after-hours trading, suggesting that the market's positive response could further bolster investor confidence.
CNBC
8.5
05-04CNBC
Sierra Raises Nearly $1 Billion Amid Intensifying AI Market Competition
  • Record Funding Round: Sierra has raised $950 million in its latest funding round, achieving a post-money valuation of $15.8 billion, which underscores the strong interest and confidence from investors in the AI sector, particularly in a rapidly intensifying competitive landscape.
  • Rapid Revenue Growth: The company surpassed $150 million in annual recurring revenue (ARR) within eight quarters, a growth trajectory unprecedented in traditional software, highlighting the intense market demand for its AI customer service agents.
  • Significant Market Opportunity: Taylor estimates that $400 billion is spent annually on customer service, and as enterprises increasingly shift towards AI agents, Sierra is positioned to capitalize on this substantial market opportunity by offering more efficient service experiences.
  • Strategic Expansion Plans: With the new funding, Sierra aims to solidify its market leadership; Taylor noted that despite fierce competition, the company is multiples larger than its nearest rivals and will continue to invest aggressively to maintain its competitive edge.
Newsfilter
8.5
05-04Newsfilter
AI Startup Sierra Raises $950 Million in Series E Funding
  • Record Funding Round: Sierra raised $950 million in its latest funding round, pushing its valuation from $10 billion to $15.8 billion, highlighting investors' strong interest in the AI sector and their pursuit of emerging market leaders.
  • Diverse Clientele: The startup serves major enterprises like Prudential, Cigna, Blue Cross Blue Shield, and Rocket Mortgage, reaching over 40% of Fortune 50 companies, which underscores its market leadership in AI customer service.
  • Rapid Revenue Growth: Sierra achieved over $150 million in annual recurring revenue (ARR) within eight quarters, an unprecedented growth rate in traditional software, reflecting intense market demand for its offerings.
  • Expansive Market Potential: Founder Bret Taylor estimates that $400 billion is spent annually on customer service, and as AI agents become more prevalent, Sierra is focused on maintaining its competitive edge in an increasingly crowded market.
Wall Street analysts forecast RKT stock price to rise
11 Analyst Rating
Wall Street analysts forecast RKT stock price to rise
5 Buy
6 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
18.00
Averages
22.18
High
25.00
Current: 0.000
sliders
Low
18.00
Averages
22.18
High
25.00
BofA
Buy
downgrade
$19 -> $18
AI Analysis
2026-05-11
New
Reason
BofA
Price Target
$19 -> $18
AI Analysis
2026-05-11
New
downgrade
Buy
Reason
BofA lowered the firm's price target on Rocket Companies to $18 from $19 and keeps a Buy rating on the shares. The firm lowered its FY26 and FY27 EPS forecasts to account for Q1 earnings and an updated mortgage market forecast, the analyst tells investors.
Stephens
Kyle Joseph
Overweight
initiated
$22.50
2026-04-23
Reason
Stephens
Kyle Joseph
Price Target
$22.50
2026-04-23
initiated
Overweight
Reason
Stephens analyst Kyle Joseph initiated coverage of Rocket Companies with an Overweight rating and $22.50 price target. Across real estate finance, the firm recommends companies with the lowest cyclicality and potential to unlock multiple expansion by generating consistent earnings growth across cycles, the analyst tells investors. In this context, the firm sees Rocket as \"best positioned\" and set to ultimately generate consistent, consolidated growth.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for RKT
Unlock Now

Valuation Metrics

The current forward P/E ratio for Rocket Companies Inc (RKT.N) is 17.95, compared to its 5-year average forward P/E of 28.48. For a more detailed relative valuation and DCF analysis to assess Rocket Companies Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
28.48
Current PE
17.95
Overvalued PE
100.08
Undervalued PE
-43.12

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
-40.57
Current EV/EBITDA
14.71
Overvalued EV/EBITDA
148.80
Undervalued EV/EBITDA
-229.95

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
1.01
Current PS
3.11
Overvalued PS
2.67
Undervalued PS
-0.65

Financials

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Whales Holding RKT

D
Durable Capital Partners, LP
Holding
RKT
+55.44%
3M Return
A
Atreides Management, LP
Holding
RKT
+39.03%
3M Return
M
Maple Rock Capital Partners Inc.
Holding
RKT
+28.02%
3M Return
S
Slate Path Capital LP
Holding
RKT
+23.52%
3M Return
F
Fred Alger Management, LLC
Holding
RKT
+15.28%
3M Return
B
Boothbay Fund Management, LLC
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+14.10%
3M Return

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Frequently Asked Questions

What is Rocket Companies Inc (RKT) stock price today?

The current price of RKT is 14.83 USD — it has decreased -5.48

What is Rocket Companies Inc (RKT)'s business?

Rocket Companies, Inc. operates a fintech platform including mortgage, real estate and personal finance businesses: Rocket Mortgage, Redfin, Rocket Close, Rocket Money and Rocket Loans. Its suite of products empowers its clients across home search, mortgage finance and servicing, title and closing, financial wellness and personal loans. It operates in two segments: Direct to Consumer and Partner Network. In the Direct to Consumer segment, clients have the ability to interact with Rocket Mortgage digitally and/or with the Company's mortgage bankers. It markets to potential clients in this segment through various brand campaigns and performance marketing channels. It provides client service and leverages its brand to strengthen its wholesale relationships, through Rocket Pro, as well as enterprise partnerships, both driving growth in its Partner Network segment. Its enterprise partnerships include financial institutions and consumer-focused companies that value its client experience.

What is the price predicton of RKT Stock?

Wall Street analysts forecast RKT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RKT is22.18 USD with a low forecast of 18.00 USD and a high forecast of 25.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Rocket Companies Inc (RKT)'s revenue for the last quarter?

Rocket Companies Inc revenue for the last quarter amounts to 2.94B USD, increased 167.05

What is Rocket Companies Inc (RKT)'s earnings per share (EPS) for the last quarter?

Rocket Companies Inc. EPS for the last quarter amounts to USD, decreased -100.00

How many employees does Rocket Companies Inc (RKT). have?

Rocket Companies Inc (RKT) has 23500 emplpoyees as of May 12 2026.

What is Rocket Companies Inc (RKT) market cap?

Today RKT has the market capitalization of 41.95B USD.