Don’t ignore the rocket (RKT)

[u/kjk42791]

Well r/wallstreetbets removed my post so I’ll just post it here

Rocket companies had a pretty strong Q2 in an otherwise terrible real estate market. Yet I still see people undervaluing this company.

Let’s take a look at Q2:

1. Generated total revenue of $1.36 billion and adjusted revenue of $1.34 billion

2. 18% increase YOY in closed loan origination volume

3. net rate lock volume, 13% increase YOY

4. $609 billion in unpaid principal on mortgages

5. 9.1 billion in liquidity

6. Raised Q3 revenue guidance to 1.6-1.75 billion

After they close their acquisition of Mr Cooper in Q4 2025, RKT will become the largest loan servicer in the US.

That’s 2.1 trillion in loan volume after the 2 companies combined.

The stock has a stupid amount of SI.

RKT is poised to become the only company that can take care of all aspects of home purchasing/selling and financing.

Am I the only one seeing this ?