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Rocket Companies Completes Historic Acquisition of Mr. Cooper

Story Highlights
  • Rocket Companies completed its acquisition of Mr. Cooper Group on October 1, 2025.
  • The merger aims to transform homeownership by integrating servicing expertise with origination capabilities.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Rocket Companies Completes Historic Acquisition of Mr. Cooper

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The latest announcement is out from Rocket Companies ( (RKT) ).

On October 1, 2025, Rocket Companies completed its acquisition of Mr. Cooper Group, marking the largest independent mortgage deal in history. This acquisition combines the largest home loan originator with the largest mortgage servicer in the U.S., creating a combined servicing portfolio of nearly 10 million homeowners. The merger aims to transform homeownership by integrating Mr. Cooper’s servicing expertise with Rocket’s origination capabilities and AI technology, ultimately lowering costs and simplifying the homeownership process. Jay Bray, CEO of Mr. Cooper, will join Rocket as the new President and CEO of Rocket Mortgage, further strengthening the company’s leadership.

The most recent analyst rating on (RKT) stock is a Hold with a $18.00 price target. To see the full list of analyst forecasts on Rocket Companies stock, see the RKT Stock Forecast page.

Spark’s Take on RKT Stock

According to Spark, TipRanks’ AI Analyst, RKT is a Neutral.

Rocket Companies’ stock score is primarily influenced by its financial challenges, including declining revenue and high leverage. However, strong technical indicators and positive sentiment from the latest earnings call, driven by strategic acquisitions and AI innovations, provide a counterbalance. The valuation remains a concern due to negative profitability metrics.

To see Spark’s full report on RKT stock, click here.

More about Rocket Companies

Rocket Companies, founded in 1985 and based in Detroit, is a fintech platform that includes mortgage, real estate, and personal finance businesses such as Rocket Mortgage, Redfin, Mr. Cooper, Rocket Homes, Rocket Close, Rocket Money, and Rocket Loans. The company is known for its exceptional client experiences and has been ranked #1 in client satisfaction for primary mortgage origination and mortgage servicing by J.D. Power 23 times.

Average Trading Volume: 22,634,065

Technical Sentiment Signal: Buy

Current Market Cap: $42.39B

See more data about RKT stock on TipRanks’ Stock Analysis page.

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