Rocket Companies, Inc. (RKT) AI Stock Analysis

Rocket Companies, Inc., founded in 1985 and headquartered in Detroit, Michigan, operates as a fintech holding company specializing in mortgage lending, title services, and financial technology solutions across the United States and Canada. The company conducts business through two primary segments: Direct to Consumer and Partner Network. Its core brand, Rocket Mortgage, offers a digital platform for residential home loans. The company also operates Amrock for title insurance, property valuations, and settlement services, Rocket Homes to connect buyers and sellers with real estate agents, Rocket Auto for automotive sales, Rocket Loans for personal loans, and Core Digital Media for online advertising.

Revenue has experienced wide swings, declining from $13.18B in FY2021 to $4.01B in FY2023, before rebounding to $5.40B in FY2024 and $6.88B in FY2025. Over the five-year span from FY2020 to FY2025, revenue contracted at a CAGR of -15.4%. Gross margin stood at 91.6% in FY2025, while operating margin was 8.7%, down from 46.9% in FY2021. Net income was -$68.0M in FY2025 with an EPS of $0.21. For the trailing twelve months, revenue reached $10.24B with an EPS of -$0.03. In the latest quarter ended June 30, 2026, quarterly revenue grew 91.9% year-over-year, while quarterly earnings fell 89.5%.

As of June 30, 2026, Rocket Companies held $3.10B in cash and short-term investments against $33.18B in total debt, resulting in net debt of $30.08B. Shareholders' equity was $23.55B, with total assets of $60.98B, yielding a debt-to-equity ratio of 1.41 and a current ratio of 0.54. In FY2025, operating cash flow was -$3.93B and free cash flow was -$4.02B, with capital expenditures of $91.0M. The company recorded share issuance of $55.0M in FY2025, and its share count expanded 43.3% over the five-year period.

Rocket Companies trades at a forward P/E of 15.6x, above the 10.8x median of its US-listed Financial Services peers. Its price-to-sales ratio of 3.0x sits slightly below the peer median of 3.2x, while its enterprise value of $60.26B translates to an EV-to-revenue multiple of 6.2x. Over the past year, RKT shares fell 34.9%, compared to a 16.8% gain for the S&P 500 (SPY). Over a five-year horizon, the stock dropped 25.6% against an 83.0% gain for the index.

Wall Street coverage includes 6 Strong Buy, 4 Buy, and 7 Hold recommendations, with zero Sell or Strong Sell ratings. The mean price target is $16.13, representing 49.6% upside relative to the last close of $10.78. For the fiscal year ending December 31, 2026, analysts estimate revenue of $10.77B and EPS of $0.59, representing 110.5% EPS growth. Rocket Companies beat EPS estimates in 1 of the last 4 quarters, and its next earnings report is scheduled for October 29, 2026.

This page is an AI-written research summary of Rocket Companies, Inc. (RKT). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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