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Rocket Companies Announces Board Size Reduction

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Rocket Companies Announces Board Size Reduction

Confident Investing Starts Here:

An update from Rocket Companies ( (RKT) ) is now available.

On May 20, 2025, Rocket Companies announced that Nancy Tellem decided not to stand for re-election as a Class II director, with her term ending on June 11, 2025. Following her departure, the Board decided to reduce its size to eight directors, effective upon the expiration of her term.

The most recent analyst rating on (RKT) stock is a Hold with a $18.00 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 score reflects a company facing operational and cash flow challenges but showing promise through strategic acquisitions and innovative AI initiatives. While the technical outlook is neutral, the earnings call indicates potential for future growth despite market volatility.

To see Spark’s full report on RKT stock, click here.

More about Rocket Companies

Rocket Companies operates in the financial services industry, primarily focusing on mortgage lending and related services.

Average Trading Volume: 12,791,461

Technical Sentiment Signal: Hold

Current Market Cap: $25.14B

See more data about RKT stock on TipRanks’ Stock Analysis page.

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