Rocket Companies, Inc. (NYSE:RKT) is one of the On May 7, 2026, Rocket Companies, Inc. (NYSE:RKT) reported Q1 adjusted EPS of 15c, versus the consensus estimate of 12c.
Revenue totaled $2.94B, versus the consensus estimate of $2.78B
CEO and Director Varun Krishna said the company is focused on creating its own opportunities through technology and distribution rather than waiting for market conditions to improve. Krishna added that the company again exceeded the high end of guidance as its search, origination, servicing, data, and AI capabilities became increasingly connected. Rocket Companies, Inc. (NYSE:RKT) sees Q2 revenue of $2.7B-$2.9B, versus the consensus estimate of $2.97B.
After the earnings report, BofA lowered the firm’s price target on Rocket Companies, Inc. (NYSE:RKT) to $18 from $19 while maintaining a Buy rating. The firm said it reduced its FY26 and FY27 EPS forecasts to reflect Q1 results and an updated mortgage market outlook. Last month, Stephens initiated coverage of Rocket Companies, Inc. (NYSE:RKT) with an Overweight rating and a $22.50 price target.