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Rocket Pharmaceuticals (RCKT) Stock Forecast & Price Target

Rocket Pharmaceuticals logo
$11.56 +0.21 (+1.85%)
(As of 12/20/2024 05:40 PM ET)

Rocket Pharmaceuticals - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
1
Buy
11

Based on 12 Wall Street analysts who have issued ratings for Rocket Pharmaceuticals in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 12 analysts, 1 has given a hold rating, and 11 have given a buy rating for RCKT.

Consensus Price Target

$48.80
322.15% Upside
According to the 12 analysts' twelve-month price targets for Rocket Pharmaceuticals, the average price target is $48.80. The highest price target for RCKT is $65.00, while the lowest price target for RCKT is $29.00. The average price target represents a forecasted upside of 322.15% from the current price of $11.56.
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RCKT Analyst Ratings Over Time

TypeCurrent Forecast
12/22/23 to 12/21/24
1 Month Ago
11/22/23 to 11/21/24
3 Months Ago
9/23/23 to 9/22/24
1 Year Ago
12/22/22 to 12/22/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
11 Buy rating(s)
10 Buy rating(s)
8 Buy rating(s)
9 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$48.80$51.00$52.29$50.38
Forecasted Upside322.15% Upside292.31% Upside159.23% Upside67.36% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Buy

RCKT Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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RCKT Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Rocket Pharmaceuticals Stock vs. The Competition

TypeRocket PharmaceuticalsMedical CompaniesS&P 500
Consensus Rating Score
2.92
2.81
2.51
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside322.15% Upside25,828.56% Upside14.54% Upside
News Sentiment Rating
Positive News

See Recent RCKT News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/18/2024Jefferies Financial Group
2 of 5 stars
 Initiated CoverageBuy$29.00+143.29%
11/19/2024Canaccord Genuity Group
1 of 5 stars
 Reiterated RatingBuy ➝ Buy$39.00 ➝ $39.00+196.35%
11/19/2024Leerink Partners
1 of 5 stars
 Lower TargetOutperform ➝ Outperform$46.00 ➝ $44.00+224.96%
11/19/2024Cantor Fitzgerald
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 Reiterated RatingOverweight ➝ Overweight$65.00 ➝ $65.00+360.99%
11/19/2024Needham & Company LLC
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 Reiterated RatingBuy ➝ Buy$52.00 ➝ $52.00+280.67%
11/18/2024Chardan Capital
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 Reiterated RatingBuy ➝ Buy$62.00 ➝ $62.00+353.88%
10/16/2024Scotiabank
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G. Harrison
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Initiated CoverageSector Outperform$50.00+199.76%
8/6/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$50.00 ➝ $54.00+167.72%
6/3/2024William Blair
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 Reiterated RatingOutperform
4/2/2024The Goldman Sachs Group
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 Initiated CoverageNeutral$39.00+45.96%
3/1/2024UBS Group
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 Lower TargetBuy ➝ Buy$56.00 ➝ $54.00+75.84%
12/26/2023Lifesci Capital
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C. Jubinville
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Reiterated RatingOutperform
9/13/2023Stifel Nicolaus
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 Reiterated RatingBuy ➝ Buy$48.00+124.30%
2/1/2023Morgan Stanley
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 Initiated CoverageOverweight$45.00+107.09%
12/23/2022Bank of America
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 Lower TargetBuy$38.00 ➝ $35.00+94.23%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 07:44 AM ET.


RCKT Forecast - Frequently Asked Questions

According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for Rocket Pharmaceuticals is $48.80, with a high forecast of $65.00 and a low forecast of $29.00.

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Rocket Pharmaceuticals in the last twelve months. There is currently 1 hold rating and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" RCKT shares.

According to analysts, Rocket Pharmaceuticals's stock has a predicted upside of 322.15% based on their 12-month stock forecasts.

Rocket Pharmaceuticals has been rated by research analysts at Canaccord Genuity Group, Cantor Fitzgerald, Chardan Capital, Jefferies Financial Group, Leerink Partners, Needham & Company LLC, and Scotiabank in the past 90 days.

Analysts like Rocket Pharmaceuticals more than other "medical" companies. The consensus rating score for Rocket Pharmaceuticals is 2.92 while the average consensus rating score for "medical" companies is 2.81. Learn more on how RCKT compares to other companies.


This page (NASDAQ:RCKT) was last updated on 12/21/2024 by MarketBeat.com Staff
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