Weekly Recap: Five-year-high margin and acquisition integration on track
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Rocket Companies, Inc. Class A (NYSE:RKT) posted its highest adjusted EBITDA margin in five years and gained lending share despite a tougher mortgage market, while acquisition integration remains on track and Rocket Money subscribers climbed 13% to 5.1 million. JPMorgan kept its Neutral rating but raised its price target to $13 from $12.50.
Previous Week Recap
- Five-Year-High EBITDA Margin: Rocket Companies (RKT) posted a 29% adjusted EBITDA margin, its highest in five years, and gained share in purchase and refinance lending despite higher mortgage rates and fewer applications. 2 sources
- Acquisitions On Track; Subscribers Rise: RKT said integration of its Redfin and Mr. Cooper acquisitions, completed in July and October 2025, is on track. Rocket Money subscribers rose 13% to 5.1 million. TradingView
- JPMorgan Raises Price Target: JPMorgan maintained its Neutral rating on Rocket Companies, Inc. Class A (RKT) and raised its price target to $13 from $12.50. TradingView
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