Rocket Companies (RKT) Stock Forecast, Price Target & Predictions
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.
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
RKT Forecast vs Benchmarks
Type | Name | Upside |
---|---|---|
Stock | Rocket Companies | 45.16% |
Sector | Financial Services Stocks | 2.38% |
Industry | Mortgage Stocks | 26.13% |
Price Target Trends
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | 1 | 5 |
Avg Price Target | - | $18.00 | $16.20 |
Last Closing Price | $12.40 | $12.40 | $12.40 |
Upside/Downside | - | 45.16% | 30.65% |
Ratings Trends
Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
---|---|---|---|---|---|---|
Jan, 25 | - | - | 12 | 1 | 3 | 16 |
Dec, 24 | - | - | 12 | 1 | 3 | 16 |
Nov, 24 | - | - | 12 | 4 | 3 | 19 |
Oct, 24 | - | - | 11 | 4 | 4 | 19 |
Sep, 24 | - | - | 10 | 5 | 4 | 19 |
Latest Price Target by Analysts
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Nov 05, 2024 | Jeffrey Adelson | Morgan Stanley | $18.00 | $16.30 | 10.43% | 45.16% |
Sep 12, 2024 | Kevin Baker | Piper Sandler | $16.00 | $18.44 | -13.23% | 29.03% |
Sep 11, 2024 | Daniel Perlin | RBC Capital | $20.00 | $18.49 | 8.17% | 61.29% |
May 07, 2024 | Kevin Barker | Piper Sandler | $13.00 | $13.81 | -5.87% | 4.84% |
May 03, 2024 | Daniel Perlin | RBC Capital | $14.00 | $12.73 | 9.98% | 12.90% |
Jul 14, 2022 | Mark DeVries | Barclays | $8.00 | $8.52 | -6.10% | -35.48% |
Jul 06, 2022 | Donald Fandetti | Wells Fargo | $10.00 | $8.46 | 18.20% | -19.35% |
Feb 22, 2022 | Mihir Bhati | Bank of America Securities | $11.00 | $11.53 | -4.60% | -11.29% |
Jan 05, 2022 | Kevin Barker | Piper Sandler | $18.00 | $13.17 | 36.67% | 45.16% |
Jan 03, 2022 | Henry Coffey | Wedbush | $14.00 | $13.68 | 2.34% | 12.90% |
Latest Upgrade/Downgrade by Analysts
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Jan 10, 2025 | UBS | Sell | Neutral | upgrade |
Nov 13, 2024 | Bank of America Securities | Underperform | Underperform | hold |
Oct 08, 2024 | Barclays | Underweight | Underweight | hold |
Sep 16, 2024 | UBS | Sell | Sell | hold |
Sep 12, 2024 | Piper Sandler | Neutral | Neutral | hold |
Sep 11, 2024 | Wedbush | Neutral | Neutral | hold |
Sep 11, 2024 | RBC Capital | Sector Perform | Sector Perform | hold |
Aug 02, 2024 | Wedbush | Neutral | Neutral | hold |
Jul 18, 2024 | Jefferies | Hold | Hold | hold |
Jul 09, 2024 | Barclays | Underweight | Underweight | hold |
Financial Forecast
EPS Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 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
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 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
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 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% | - | - | - | - | - |