B of A Securities has upgraded Rocket Companies Inc (RKT) from Neutral to Buy, reflecting a more optimistic view on the company's future prospects. This decision, made on September 9, 2025, aligns with a growing sentiment surrounding Rocket's performance and strategic direction.
Currently priced at $17.02, Rocket Companies operates in the financial services sector, providing a comprehensive suite of services related to homeownership and personal financial transactions. The company, headquartered in Detroit, Michigan, employs 14,200 full-time staff and went public on August 6, 2020. Its offerings span mortgage finance, personal loans, home search, title, and closing services, all facilitated through its Rocket platform.
With a market capitalization of $48.2 billion, Rocket reported an earnings per share (EPS) of $0.09 for the trailing twelve months. The firm has a dividend yield of 0.0%. Upcoming earnings reports are anticipated on July 29, 2026, with an EPS estimate of $0.22 and revenue expected to reach $2.8 billion.
This upgrade underscores a shift in analyst sentiment, which may be attributed to improved fundamentals or better-than-expected business performance. As of November 1, 2025, the analyst consensus for Rocket Companies includes 3 Strong Buy ratings, 3 Buy ratings, and 9 Hold ratings, indicating a generally favorable outlook.
Analyst ratings, while informative, should be considered alongside various factors, including company fundamentals, competitive positioning, and industry trends, as they reflect professional opinions based on research and financial models. Changes in these ratings can occur as new information becomes available, highlighting the dynamic nature of market assessments.