Earnings Beat and Acquisitions Strengthen Rocket Companies Progress

Rocket Companies, Inc. (NYSE:RKT) is one of the 11 Best Short Squeeze Stocks to Buy Now.

The company surpassed Q2 expectations and has bolstered expectations for its Redfin acquisition and pending COOP transaction.

Earnings Beat and Acquisitions Strengthen Rocket Companies Progress

A businessperson using a laptop to review the details of a mortgage loan for a client.

Rocket Companies, Inc. (NYSE:RKT) is a leading fintech platform delivering mortgage lending, real estate brokerage, personal finance, and homeownership solutions. The Michigan-based company’s ecosystem includes Rocket Mortgage, Rocket Homes, Rocket Close, and Rocket Money. Its business model involves leveraging AI to streamline the homebuying and financial management experience.

On July 31, 2025, the company reported achieving an EPS of $0.04 that surpassed the analysts’ expectations of $0.03 in its Q2 earnings results. Additionally, Rocket Companies, Inc. (NYSE:RKT)’s revenue reached $1.36 billion, exceeding the projected $1.28 billion, further garnering positive attention from investors.

In addition to this, Rocket Companies, Inc. (NYSE:RKT) is anticipated to close the COOP transaction in the fourth quarter of 2025, thus eliminating elevated transaction-related expenses that negatively impacted the company’s second-half 2025 earnings. Also, the acquisition of Redfin, completed on July 1, 2025, brought a positive outlook to the company as the combination of the most-visited real estate brokerage website and the U.S.’s largest mortgage lender is expected to improve efficacy.

With a short float of 58.38%, Rocket Companies, Inc. (NYSE:RKT) potentially has extreme short interest. However, the stock attracts investor interest as it is subject to a dramatic squeeze in positive momentum.

While we acknowledge the risk and potential of RKT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than RKT and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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