Rocket Companies (RKT) Stock Forecast, Price Target & Predictions


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RKT Stock Forecast


Rocket Companies (RKT) stock forecast, based on 13 Wall Street analysts, predicts a 12-month average price target of $18.00, with a high of $20.00 and a low of $16.00. This represents a 45.16% increase from the last price of $12.40.

$11 $12 $13 $14 $15 $16 $17 $18 $19 $20 High: $20 Avg: $18 Low: $16 Last Closed Price: $12.4

RKT Stock Rating


Rocket Companies stock's rating consensus is Hold, based on 13 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 1 Buy (7.69%), 11 Hold (84.62%), 1 Sell (7.69%), and 0 Strong Sell (0.00%).

Hold
Total 13 0 1 11 1 Strong Sell Sell Hold Buy Strong Buy

RKT Forecast vs Benchmarks


TypeNameUpside
StockRocket Companies45.16%
SectorFinancial Services Stocks 2.38%
IndustryMortgage Stocks26.13%

Price Target Trends


1M3M12M
# Anlaysts-15
Avg Price Target-$18.00$16.20
Last Closing Price$12.40$12.40$12.40
Upside/Downside-45.16%30.65%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25--121316
Dec, 24--121316
Nov, 24--124319
Oct, 24--114419
Sep, 24--105419
Latest Price Target by Analysts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 05, 2024Jeffrey AdelsonMorgan Stanley$18.00$16.3010.43%45.16%
Sep 12, 2024Kevin BakerPiper Sandler$16.00$18.44-13.23%29.03%
Sep 11, 2024Daniel PerlinRBC Capital$20.00$18.498.17%61.29%
May 07, 2024Kevin BarkerPiper Sandler$13.00$13.81-5.87%4.84%
May 03, 2024Daniel PerlinRBC Capital$14.00$12.739.98%12.90%
Jul 14, 2022Mark DeVriesBarclays$8.00$8.52-6.10%-35.48%
Jul 06, 2022Donald FandettiWells Fargo$10.00$8.4618.20%-19.35%
Feb 22, 2022Mihir BhatiBank of America Securities$11.00$11.53-4.60%-11.29%
Jan 05, 2022Kevin BarkerPiper Sandler$18.00$13.1736.67%45.16%
Jan 03, 2022Henry CoffeyWedbush$14.00$13.682.34%12.90%
Latest Upgrade/Downgrade by Analysts

DateCompanyPrevious RatingNew RatingRating Change
Jan 10, 2025UBSSellNeutralupgrade
Nov 13, 2024Bank of America SecuritiesUnderperformUnderperformhold
Oct 08, 2024BarclaysUnderweightUnderweighthold
Sep 16, 2024UBSSellSellhold
Sep 12, 2024Piper SandlerNeutralNeutralhold
Sep 11, 2024WedbushNeutralNeutralhold
Sep 11, 2024RBC CapitalSector PerformSector Performhold
Aug 02, 2024WedbushNeutralNeutralhold
Jul 18, 2024JefferiesHoldHoldhold
Jul 09, 2024BarclaysUnderweightUnderweighthold

Financial Forecast


EPS Forecast

$-5 $13 $31 $49 $67 $85 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$80.86$3.05$0.36$-0.01----
Avg Forecast$3.85$2.29$-0.09$-0.12$0.21$0.52$0.77$1.20
High Forecast$3.41$2.03$-0.09$-0.14$0.20$0.41$0.59$1.12
Low Forecast$4.70$2.79$-0.08$-0.11$0.22$0.64$0.91$1.28
Surprise %2000.26%33.19%-500.00%-91.67%----

Revenue Forecast

$0 $4B $8B $12B $16B $20B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$15.55B$12.68B$5.68B$3.61B----
Avg Forecast$16.14B$12.89B$5.87B$3.83B$4.54B$6.01B$7.07B$8.97B
High Forecast$14.72B$11.76B$5.77B$3.64B$4.23B$5.54B$7.03B$8.42B
Low Forecast$18.86B$15.06B$5.95B$3.90B$4.72B$6.22B$7.11B$9.26B
Surprise %-3.65%-1.58%-3.15%-5.64%----

Net Income Forecast

$-500M $2B $4B $6B $8B $10B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$9.40B$6.07B$699.93M$-15.51M----
Avg Forecast$7.63B$301.32M$192.43M$-15.51M$414.77M$1.04B$1.49B$2.38B
High Forecast$6.76B$241.06M$153.95M$-18.62M$396.28M$821.38M$1.17B$2.22B
Low Forecast$9.30B$361.59M$230.92M$-12.41M$433.26M$1.27B$1.80B$2.54B
Surprise %23.14%1915.18%263.73%-----

RKT Forecast FAQ


Is Rocket Companies stock a buy?

Rocket Companies stock has a consensus rating of Hold, based on 13 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 1 Buy, 11 Hold, 1 Sell, and 0 Strong Sell, reflecting a consensus that Rocket Companies is a neutral investment for most analysts.

What is Rocket Companies's price target?

Rocket Companies's price target, set by 13 Wall Street analysts, averages $18 over the next 12 months. The price target range spans from $16 at the low end to $20 at the high end, suggesting a potential 45.16% change from the previous close price of $12.4.

How does Rocket Companies stock forecast compare to the average forecast of its sector, industry, and investment themes?

Rocket Companies stock forecast shows a 45.16% upside, outperforming the average forecast for the financial services stocks sector (2.38%) and outperforming the mortgage stocks industry (26.13%).

What is the breakdown of analyst ratings for Rocket Companies over the past three months?

  • January 2025: 0% Strong Buy, 0% Buy, 75.00% Hold, 6.25% Sell, 18.75% Strong Sell.
  • December 2024: 0% Strong Buy, 0% Buy, 75.00% Hold, 6.25% Sell, 18.75% Strong Sell.
  • November 2024: 0% Strong Buy, 0% Buy, 63.16% Hold, 21.05% Sell, 15.79% Strong Sell.

What is Rocket Companies’s EPS forecast?

Rocket Companies's average annual EPS forecast for its fiscal year ending in December is 0.21 for 2024, a -2200.00% decrease from the reported $-0.01 in 2023. The prediction for 2025 is $0.52, $0.77 for 2026, and $1.2 for 2027.

What is Rocket Companies’s revenue forecast?

Rocket Companies's average annual revenue forecast for its fiscal year ending in December is $4.54B for 2024, a 25.66% increase from the reported $3.61B in 2023. The forecast for 2025 is $6.01B, $7.07B for 2026, and $8.98B for 2027.

What is Rocket Companies’s net income forecast?

For its fiscal year ending in December, Rocket Companies's average annual net income forecast is $414.77M for 2024, reflecting a -2773.53% decrease from the reported $-15.514M in 2023. The projection for 2025 is $1.04B, $1.49B for 2026, and $2.38B for 2027.