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RKTRocket Companies, Inc.Buy Wait6.3·$13.90-0.07%
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Rocket Companies, Inc. (RKT) Stock Analysis

Recovery setup

Buy WaitVALUE-TRAP 1/5Moderate Confidence

Financial Services · Mortgage Finance

Wait for pullback to $13.89. BUY gates pass at $13.90, but concentration risk — Counterparty: Fannie Mae and Freddie Mac and concentration risk — Counterparty: limited number of investors and GSEs argue for a more patient entry. Engine's entry $13.89 (Default 5pct Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum.

Rocket Companies operates Rocket Mortgage, the nation's largest mortgage originator by loan units and servicer with $2.1 trillion in portfolio unpaid principal balance as of December 31, 2025, alongside Redfin digital real estate and Mr. Cooper. Revenue comes from gain on sale... Read more

$13.90+32.0% A.UpsideScore 6.3/10#1 of 4 Mortgage Finance
QualityF-score5 / 9FCF yield-10.93%
Entry $13.89(Default 5pct Sticky)Stop $12.34Target $17.45(analyst − 13%)A.R:R 2.0:1Setup A.R:R 4.6:1
Analyst target$20.05+44.3%13 analysts
$17.45our TP
$13.90price
$20.05mean
$25

Wait for pullback to $13.89. BUY gates pass at $13.90, but concentration risk — Counterparty: Fannie Mae and Freddie Mac and concentration risk — Counterparty: limited number of investors and GSEs argue for a more patient entry. Engine's entry $13.89 (Default 5pct Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Chart setup: Death cross but MACD improving, RSI 47. Maintain position. Not compelling to add more. | News modifier +1 (HOLD_IF_HOLDING → STRONG_BUY_WAIT) Score 6.3/10, moderate confidence.

Passes 8/9 gates (positive momentum, favorable risk/reward ratio, clean insider activity, no SEC red flags, news events none recent, earnings proximity 44d clear, semi cycle peak clear, materials cycle peak clear). Suitability: aggressive.

10-K grounded · weekly refresh

About Rocket Companies, Inc.

About Rocket Companies, Inc.

Rocket Mortgage held a $2.1 trillion unpaid principal balance servicing portfolio as of December 31, 2025, making it the nation's largest mortgage servicer and originator by loan units. Rocket Companies, based in Detroit, completed acquisitions of Redfin on July 1, 2025 and Mr. Cooper on October 1, 2025, and employed approximately 23,500 team members across the U.S., Canada, and India. As a non-depository lender licensed in all 50 states, the company is subject to CFPB, Fannie Mae, Freddie Mac, and Ginnie Mae regulatory frameworks.

Rocket Companies generates revenue through four primary streams: gain on sale of loans (the origination margin when loans are sold into the secondary market), loan servicing income from contractual fees on the $2.1 trillion portfolio, interest income while loans are held for sale, and other income from Rocket Close title and settlement services, Rocket Money paid subscribers, Redfin real estate brokerage, and Rocket Loans personal loan interest. The origination business operates through Direct to Consumer and Partner Network channels, with the Partner Network comprising Wholesale, Premier Enterprise Partner, and Correspondent sub-channels through Rocket Pro. The servicing portfolio recorded a 97% annual net client retention rate as of December 31, 2025. Mortgage origination relies critically on Fannie Mae, Freddie Mac, and Ginnie Mae as primary secondary-market buyers and securitizers — the 10-K states the company is "highly dependent on Fannie Mae and Freddie Mac and certain U.S. government agencies," and that impairment of the ability to sell loans to the GSEs or securitize them into MBS could prevent the company from originating new mortgages.

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The GSE dependency defines the most structurally significant risk in Rocket Companies' operating model: the company depends on selling originated loans to Fannie Mae, Freddie Mac, Ginnie Mae, and a limited number of other investors to recycle capital into new originations — without secondary-market access, mortgage lending would halt. The 10-K also discloses that a cybersecurity incident at Mr. Cooper on October 31, 2023, prior to the acquisition, exposed personal information of substantially all of Mr. Cooper's then-current and former customers, an inherited liability that may expose the combined company to future litigation or regulatory action.

See also: Financial Services · Mortgage Finance

From Rocket Companies, Inc.'s most recent 10-K filing, extracted June 11, 2026.

TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Thu, Jul 30, 202644d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (4/4)
Earnings estimates trending UP
Strong growth profile
Risks
Concentration risk — Counterparty: Fannie Mae and Freddie Mac
Concentration risk — Counterparty: limited number of investors and GSEs
Leverage penalty (D/E 1.4): -0.5

Key Metrics

P/E (TTM)
P/E (Fwd)12.8
Mkt Cap$39.4B
EV/EBITDA35.5
Profit Mgn2.7%
ROE1.7%
Rev Growth167.1%
Beta2.20
DividendNone
Rating analysts21

Quality Signals

Piotroski F5/9MoatNarrow

Options Flow

P/C0.48bullish
IV80%elevated
Max Pain$35+151.8% vs spot

Concentration Risks(10-K Item 1A)

  • HIGHcounterpartyFannie Mae and Freddie Mac
    10-K Item 1A: 'Our business is highly dependent on Fannie Mae and Freddie Mac and certain U.S. government agencies'
  • HIGHcounterpartylimited number of investors and GSEs
    10-K Item 1A: 'We depend on our ability to sell loans in the secondary market to a limited number of investors and to the GSEs'

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.

Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.

No paid promotion. TrendMatrix does not accept payment from any issuer, broker, or third party in exchange for coverage of any security. Our sole compensation is subscription revenue.

No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.

Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

2 floor-breakers·1 ceiling hit

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Value Rank
0.0
Quality Rank
1.3
Growth Rank
7.5

Technicals below the gate floor. Component breakdown shows what dragged the score down.static

52w Position
1.4
Support Resistance
3.3
Bollinger
3.5
Gap
6.0
GatesDeath cross (50MA < 200MA)Momentum 6.6>=5.5A.R:R 2.0 ≥ 1.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 44d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARRecoverySuitability: Aggressive
RSI
47 · Neutral
20D MA 50D MA 200D MADEATH CROSSSupport $12.17Resistance $14.79

Price Targets

$12
$14
$17
A.Upside+25.5%
A.R:R2.0:1
Setup A.R:R (at entry)4.6:1

Position Sizing

ConvictionMedium conviction
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! NEWS_MOD=+1: HOLD_IF_HOLDING → STRONG_BUY_WAIT

Earnings

B
B
B
B
4/4 beats
Next Earnings2026-07-30 (44d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is RKT stock a buy right now?

Wait for pullback to $13.89. BUY gates pass at $13.90, but concentration risk — Counterparty: Fannie Mae and Freddie Mac and concentration risk — Counterparty: limited number of investors and GSEs argue for a more patient entry. Engine's entry $13.89 (Default 5pct Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Chart setup: Death cross but MACD improving, RSI 47. Maintain position. Not compelling to add more. | News modifier +1 (HOLD_IF_HOLDING → STRONG_BUY_WAIT) Target $17.45 (+25.5%), stop $12.34 (−12.6%), Setup A.R:R 4.6:1. Score 6.3/10, moderate confidence.

What is the RKT stock price target?

Take-profit target: $17.45 (+32.0% upside). Target $17.45 (+25.5%), stop $12.34 (−12.6%), Setup A.R:R 4.6:1. Stop-loss: $12.34.

What are the risks of investing in RKT?

Concentration risk — Counterparty: Fannie Mae and Freddie Mac; Concentration risk — Counterparty: limited number of investors and GSEs; Leverage penalty (D/E 1.4): -0.5.

Is RKT overvalued or undervalued?

Rocket Companies, Inc. trades at a P/E of N/A (forward 12.8). TrendMatrix value score: 7.0/10. Verdict: Buy (Wait for Entry).

What do analysts say about RKT?

21 analysts cover RKT with a consensus score of 3.8/5. Average price target: $20.

What does Rocket Companies, Inc. do?Rocket Companies operates Rocket Mortgage, the nation's largest mortgage originator by loan units and servicer with...

Rocket Companies operates Rocket Mortgage, the nation's largest mortgage originator by loan units and servicer with $2.1 trillion in portfolio unpaid principal balance as of December 31, 2025, alongside Redfin digital real estate and Mr. Cooper. Revenue comes from gain on sale of loans, servicing income, Rocket Close title services, and Rocket Money personal finance subscriptions. The company is not a depository institution and is licensed in all 50 states.

Related stocks: PFSI (PennyMac Financial Services, In) · RDN (Radian Group Inc.) · FUTU (Futu Holdings Limited) · VIRT (Virtu Financial, Inc.) · SSB (SouthState Bank Corporation)
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