Rocket Companies Completes Acquisition of Redfin

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

On July 1, 2025, Rocket Companies completed its acquisition of Redfin Corporation, a Delaware-based company. This acquisition is significant for Rocket Companies as it provides unaudited financial statements and pro forma financial information, indicating the integration of Redfin into Rocket’s operations. The acquisition is expected to impact Rocket’s financial positioning and market strategy, although the specific implications for stakeholders are not detailed in the release.

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.

Rocket Companies’ overall stock score is primarily impacted by its financial performance challenges, including declining profitability and high leverage. However, strong technical indicators and positive corporate events, such as strategic acquisitions and funding expansions, provide some optimism. The earnings call further supports a positive outlook with strong revenue performance and successful integrations, though valuation concerns remain significant.

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

More about Rocket Companies

Rocket Companies, Inc. operates in the financial services industry, primarily offering mortgage lending services and related financial products. The company focuses on leveraging technology to streamline the mortgage process and enhance customer experience.

Average Trading Volume: 17,339,307

Technical Sentiment Signal: Strong Buy

Current Market Cap: $35.38B

For a thorough assessment of RKT stock, go to TipRanks’ Stock Analysis page.