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RKT Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
14.460
Open
13.475
VWAP
14.08
Vol
52.81M
Mkt Cap
40.80B
Low
13.350
Amount
743.44M
EV/EBITDA(TTM)
26.18
Total Shares
2.83B
EV
69.79B
EV/OCF(TTM)
--
P/S(TTM)
3.22
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

News

seekingalpha
6.0
06-16seekingalpha
BTIG Downgrades Rocket Companies to Neutral Amid Premium Valuation Concerns
  • Rating Downgrade: BTIG has downgraded Rocket Companies (RKT) from Buy to Neutral, citing that the current valuation reflects the 'premium nature' of its platform, leaving limited relative upside.
  • Market Share Potential: Analyst Douglas Harter notes that RKT's direct-to-consumer brand, large servicing platform, and technology capabilities enable it to continue gaining market share, despite valuation pressures.
  • Valuation Comparison: RKT is currently trading at 14.8x, significantly higher than the peer average of 9.5x, indicating its premium position in the mortgage industry, which is expected to persist.
  • Interest Rate Risk: Harter mentioned that if interest rates decline, while all mortgage originators would benefit, RKT's premium valuation could expand further, highlighting its unique position in the market.
CNBC
6.0
06-16CNBC
Major Wall Street Rating Changes Overview
  • UBS Upgrade: UBS upgrades Dynatrace from neutral to buy, citing strong core application performance monitoring demand which is expected to drive modest growth, reflecting a healthy demand backdrop in the market.
  • Bank of America Upgrade: Bank of America upgrades Kilroy Realty from neutral to buy, raising the price target from $42 to $44, indicating confidence in improving demand dynamics that are likely to enhance the company's competitive position in the REIT sector.
  • DA Davidson Initiation: DA Davidson initiates coverage on Lincoln Electric with a buy rating and a $320 price target, emphasizing its potential as an industrial compounder, which suggests future growth opportunities in the sector.
  • Goldman Sachs Neutral Reiteration: Goldman Sachs reiterates Tesla as neutral, forecasting that its Q2 2026 delivery numbers will exceed consensus expectations, thereby boosting confidence in the company's future performance.
Yahoo Finance
7.0
06-16Yahoo Finance
US Court Overturns $60M Verdict Against Mead Johnson
  • Verdict Overturned: The Illinois Appellate Court reversed a $60 million damages award against Mead Johnson, citing that the inclusion of financial information in the original trial could have biased the jury, leading to an unfair verdict.
  • Legal Proceedings: The initial ruling found Mead Johnson negligent for failing to warn about the risks of necrotizing enterocolitis (NEC) associated with its infant formula, but the appellate court argued that such evidence could mislead the jury and affect their judgment.
  • Company Response: Mead Johnson's parent company, Reckitt, maintains that its products are safe and strongly disagrees with the jury's decision, asserting that the plaintiff's allegations lacked scientific support, a stance backed by multiple neonatologists during the trial.
  • Future Implications: With ongoing NEC-related lawsuits against Mead Johnson, analysts anticipate additional cases to be heard in the coming months, which could have lasting effects on the company's reputation and financial health.
Fool
8.5
06-16Fool
SpaceX Achieves Historic Largest IPO with 20% First-Day Surge
  • Historic IPO: SpaceX went public on June 12 at $135 per share, achieving an initial market value of $1.8 trillion, making it the largest IPO in history, with a first-day stock surge of over 20%, pushing its valuation above $2 trillion, indicating strong market expectations for its future potential.
  • First-Year Performance Risk: Historical data suggests that large IPOs typically underperform in their first year, with SpaceX's stock potentially declining by 50%, implying that a $10,000 investment could drop to about $4,000 by 2027, reflecting concerns over its high valuation.
  • Valuation Warning: With a current market value of $2.2 trillion and sales of $19.3 billion, SpaceX's stock trades at an exorbitant valuation of approximately 115 times sales, significantly higher than Palantir's 59 times, indicating that such a premium is unsustainable and could lead to future price corrections.
  • Market Prospects and Challenges: While SpaceX has unique advantages in building orbital AI data centers, its high valuation and the general caution surrounding large IPOs create uncertainty regarding its future growth, necessitating careful risk-reward assessments by investors.
NASDAQ.COM
8.5
06-16NASDAQ.COM
SpaceX Achieves Historic $1.8 Trillion IPO Valuation
  • Historic IPO: SpaceX went public on June 12 at $135 per share, achieving a market value of $1.8 trillion, making it the largest IPO in history, with a first-day stock gain of over 20%, pushing its valuation above $2 trillion, reflecting high market expectations for its future potential.
  • Valuation Risks: With a market value of $2.2 trillion and sales of $19.3 billion, SpaceX's stock trades at an exorbitant 115 times sales, significantly higher than the S&P 500's highest at 59 times, indicating a substantial bubble risk that could lead to major losses for investors.
  • Historical Performance Warning: Historical data shows that the average stock price of the 15 largest IPOs has dropped by 33% in the first year; if SpaceX follows this trend, its stock could decline by 50% within the first year, reducing a $10,000 investment to below $5,300 by 2027.
  • Market Prospects and Challenges: While SpaceX has a unique advantage in building orbital AI data centers that could effectively address power and cooling issues faced by terrestrial data centers, its high valuation and uncertain market performance necessitate cautious evaluation of its long-term investment value.
CNBC
8.5
06-15CNBC
SpaceX IPO Boosts Aerospace Stocks Outlook
  • Aerospace Stock Upgrades: KeyBanc Capital Markets upgraded Firefly Aerospace and Rocket Lab from sector weight to overweight, reflecting optimism about the aerospace sector's outlook, particularly in the wake of SpaceX's IPO-related market volatility.
  • Significant Price Target Increases: KeyBanc set a price target of $50 for Firefly, implying a 57% upside from last Friday's close, while Rocket Lab's target is $135, suggesting a 32% potential increase, showcasing analysts' strong confidence in both companies.
  • Market Reaction and Institutional Interest: Despite the iShares U.S. Aerospace & Defense ETF declining about 1% on SpaceX's IPO day, analysts believe that rising institutional interest in aerospace firms will likely lead to a rebound in Firefly and Rocket Lab's stock prices, indicating a long-term bullish sentiment in the sector.
  • Accelerating NASA Activities: KeyBanc analysts noted that NASA's activities are accelerating, with launch supply remaining structurally constrained amid exponential growth in satellites and space applications, further driving investment opportunities in the aerospace industry.
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
BTIG
Buy
to
Neutral
downgrade
$NULL
AI Analysis
2026-06-16
New
Reason
BTIG
Price Target
$NULL
AI Analysis
2026-06-16
New
downgrade
Buy
to
Neutral
Reason
BTIG downgraded Rocket Companies to Neutral from Buy without a price target. The rate environment has been more challenging in 2026 than initially expected, the analyst tells investors in a research note. The firm says the visibility into the timing for the mortgage originators to achieve normalized earnings remains low. BTIG downgraded three names after updating estimates including new 2027 and 2028 estimates.
Keefe Bruyette
Bose George
Outperform
to
Outperform
downgrade
$22 -> $21
2026-05-12
Reason
Keefe Bruyette
Bose George
Price Target
$22 -> $21
2026-05-12
downgrade
Outperform
to
Outperform
Reason
Keefe Bruyette analyst Bose George lowered the firm's price target on Rocket Companies to $21 from $22 and keeps an Outperform rating on the shares.
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 18.25, compared to its 5-year average forward P/E of 28.58. 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
28.58
Current PE
18.25
Overvalued PE
100.10
Undervalued PE
-42.94

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
-40.26
Current EV/EBITDA
17.46
Overvalued EV/EBITDA
149.03
Undervalued EV/EBITDA
-229.56

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
1.08
Current PS
3.14
Overvalued PS
2.76
Undervalued PS
-0.60

Financials

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Whales Holding RKT

M
Maple Rock Capital Partners Inc.
Holding
RKT
+49.96%
3M Return
S
Slate Path Capital LP
Holding
RKT
+47.17%
3M Return
A
Atreides Management, LP
Holding
RKT
+44.18%
3M Return
F
Fred Alger Management, LLC
Holding
RKT
+26.14%
3M Return
A
Applied Finance Advisors, LLC
Holding
RKT
+25.77%
3M Return
C
Castle Hook Partners LP
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RKT
+24.94%
3M Return

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Frequently Asked Questions

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

The current price of RKT is 14.42 USD — it has increased 9.08

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 0.10 USD, decreased -242.86

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

Rocket Companies Inc (RKT) has 23500 emplpoyees as of June 21 2026.

What is Rocket Companies Inc (RKT) market cap?

Today RKT has the market capitalization of 40.80B USD.