Added to YB: 2026-10-15
Pitch date: 2026-10-12
RKT [bullish]
Rocket Companies, Inc.
+1.1%
current return
Author Info
P14 Capital is a former buy-side research analyst who uncovers undervalued opportunities in SMID-cap equities. Long-biased and generalist. Sign up for the newsletter.
Company Info
Rocket Companies, Inc., a fintech company, engages in the mortgage, real estate, and personal finance businesses in the United States and Canada.
Market Cap
$30.8B
Pitch Price
$10.95
Price Target
15.00 (+36%)
Dividend
N/A
EV/EBITDA
23.45
P/E
61.36
EV/Sales
5.91
Sector
Financial Services
Category
turnaround
Trade Idea - LONG $RKT for a Rocket!
RKT: Rocket’s 2-3-month trade rests first on a potential October-November peak in yields around the FOMC, midterms and Treasury refunding announcement, then on a transformed business positioned for operating leverage if mortgage rates fall. Its larger servicing pool, including $320B of mortgages above 6%, and Redfin funnel could drive refinancing and purchase volume, with realized cost savings amplifying operating leverage; an 18x FY27 consensus EPS multiple implies a $15 target, ~31% upside, versus a $10 bear case.
Read full article (11 min)