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Rocket Companies ( (RKT) ) has shared an announcement.
On June 3 and June 5, 2025, Rocket Companies announced and priced a private offering of $4 billion in senior notes due in 2030 and 2033. These notes will be guaranteed by Rocket Mortgage and its subsidiaries, and potentially by Redfin and Mr. Cooper upon their acquisitions. The proceeds will be used for redeeming existing notes, paying related fees, and repaying secured debt. The offering is not contingent on the acquisitions, but there are provisions for mandatory redemption if the Mr. Cooper acquisition is not completed by September 30, 2026.
The most recent analyst rating on (RKT) stock is a Hold with a $14.00 price target. To see the full list of analyst forecasts on Rocket Companies stock, see the RKT Stock Forecast page.
Spark’s Take on RKT Stock
According to Spark, TipRanks’ AI Analyst, RKT is a Neutral.
The overall stock score for Rocket Companies is primarily influenced by mixed financial performance and a challenging valuation position. While recent earnings and strategic initiatives provide optimism, the financial health and technical outlook suggest caution. The company’s focus on AI and strategic acquisitions, coupled with ongoing market challenges, establishes a moderate investment profile.
To see Spark’s full report on RKT stock, click here.
More about Rocket Companies
Rocket Companies, Inc. is a Detroit-based fintech platform that operates in the mortgage, real estate, title, and personal finance sectors.
Average Trading Volume: 13,105,470
Technical Sentiment Signal: Hold
Current Market Cap: $25.38B
For a thorough assessment of RKT stock, go to TipRanks’ Stock Analysis page.