Rocket Companies, Inc.

New listings of homes for sale fell to their lowest level since the start of the year, but there are still significantly more sellers than buyers in the market SEATTLE, Nov. 5, 2026 /PRNewswire/ -- U.S. home-sale prices fell year over year for the third week in a row, according to a new  report from  Redfin, the real estate brokerage powered by Rocket. U.S. housing market takeaways for the four weeks ending Nov. 1: Home-sale prices dip.

Rocket Companies slightly missed on adjusted revenue and guided Q4 lower, yet the stock rose over 7% as the call gave the market a reason to look past the headline. I upgrade RKT to 'Strong Buy': it gained purchase and refinance share, widened margins, and reached record liquidity with mortgage rates above 7%. Origination, servicing, and recapture help offset rate swings, and RKT expects to complete its $400M in Mr. Cooper synergies this quarter, a year early.

Rate-sensitive housing stocks are rallying as Treasury yields retreat, and Rocket Companies (NYSE:RKT | RKT Price Prediction) is out in front. Rocket Companies stock is at $13.96, up 9%, in late-day trading.

Rocket Companies remains a buy, supported by strong Q3 results and resilient profitability despite a depressed mortgage market. RKT posted Q3 non-GAAP EPS of $0.15 (beat by $0.02) and revenue of $3.28B (beat by $680M), with adjusted EBITDA margin reaching 29%. Management expects Q4 2026 adjusted revenue of $2.1B–$2.3B and accelerated expense synergies from the Mr. Cooper acquisition by year-end 2026.