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Rocket Companies rated Buy with 19% upside after strong Q2 and improved profitability.

Analyst Insights
05 Sep 2026
Seeking Alpha
View Source
Bullish
Rocket Companies rated Buy with 19% upside after strong Q2 and improved profitability.

Rocket Companies is rated a Buy with a target price of around $16.50, suggesting about 19% upside from its recent price of $13.92. The company reported record purchase and refinance market share in Q2 along with its best profitability in four years. Strategic moves involving Redfin and Mr. Cooper are enhancing diversification, improving economics, and generating cost synergies. While elevated mortgage rates pose a risk, they also offer potential upside if rates ease in the future.

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