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Rocket Companies (RKT) Stock Forecast & Price Target

Rocket Companies logo
$11.82 +0.19 (+1.63%)
(As of 12/20/2024 05:30 PM ET)

Rocket Companies - 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
6
Hold
6
Buy
0

Based on 12 Wall Street analysts who have issued ratings for Rocket Companies in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 12 analysts, 6 have given a sell rating, and 6 have given a hold rating for RKT.

Consensus Price Target

$13.92
17.74% Upside
According to the 12 analysts' twelve-month price targets for Rocket Companies, the average price target is $13.92. The highest price target for RKT is $18.00, while the lowest price target for RKT is $11.00. The average price target represents a forecasted upside of 17.74% from the current price of $11.82.
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RKT Analyst Ratings Over Time

TypeCurrent Forecast
12/23/23 to 12/22/24
1 Month Ago
11/23/23 to 11/22/24
3 Months Ago
9/24/23 to 9/23/24
1 Year Ago
12/23/22 to 12/23/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
Hold
6 Hold rating(s)
7 Hold rating(s)
7 Hold rating(s)
8 Hold rating(s)
Sell
6 Sell rating(s)
5 Sell rating(s)
5 Sell rating(s)
3 Sell rating(s)
Consensus Price Target$13.92$15.13$13.73$8.83
Forecasted Upside17.74% Upside10.08% Upside-28.33% Downside-40.09% Downside
Consensus Rating
Reduce
Reduce
Reduce
Reduce

RKT 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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RKT 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 Companies Stock vs. The Competition

TypeRocket CompaniesFinance CompaniesS&P 500
Consensus Rating Score
1.50
2.50
2.51
Consensus RatingReduceHoldModerate Buy
Predicted Upside17.74% Upside18.66% Upside14.53% Upside
News Sentiment Rating
Neutral News

See Recent RKT News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/19/2024Morgan Stanley
3 of 5 stars
 Lower TargetEqual Weight ➝ Equal Weight$16.00 ➝ $13.00+11.88%
12/10/2024Keefe, Bruyette & Woods
4 of 5 stars
B. George
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Reiterated RatingMarket Perform ➝ Underperform$16.00 ➝ $11.50-13.66%
12/9/2024JPMorgan Chase & Co.
3 of 5 stars
 Lower TargetUnderweight ➝ Underweight$19.00 ➝ $14.00+4.63%
11/14/2024Bank of America
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 Boost TargetUnderperform ➝ Underperform$14.00 ➝ $15.00+9.17%
11/14/2024UBS Group
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 Lower TargetSell ➝ Sell$14.00 ➝ $12.50-9.75%
11/14/2024Piper Sandler
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 Lower TargetNeutral ➝ Neutral$17.00 ➝ $16.00+13.23%
11/13/2024Royal Bank of Canada
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 Lower TargetSector Perform ➝ Sector Perform$20.00 ➝ $18.00+29.59%
11/13/2024Barclays
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 Lower TargetUnderweight ➝ Underweight$14.00 ➝ $13.00-6.41%
11/13/2024Wedbush
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 Reiterated RatingNeutral$18.00 ➝ $13.00-6.68%
8/2/2024Deutsche Bank Aktiengesellschaft
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 Boost TargetHold ➝ Hold$11.00 ➝ $15.00-13.19%
8/2/2024Wells Fargo & Company
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 Boost TargetEqual Weight ➝ Equal Weight$13.00 ➝ $15.00-13.19%
2/28/2024Citigroup
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 Boost TargetSell ➝ Sell$10.00 ➝ $11.00-8.64%
10/3/2023The Goldman Sachs Group
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 Lower TargetNeutral ➝ Neutral$11.00 ➝ $9.00+12.64%
5/22/2023Argus
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 UpgradeSell ➝ Hold
3/2/2023Credit Suisse Group
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 Reiterated RatingUnderperform$7.00-12.83%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 06:39 PM ET.


RKT 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 Companies is $13.92, with a high forecast of $18.00 and a low forecast of $11.00.

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Rocket Companies in the last twelve months. There are currently 6 sell ratings and 6 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" RKT shares.

According to analysts, Rocket Companies's stock has a predicted upside of 17.74% based on their 12-month stock forecasts.

Rocket Companies has been rated by research analysts at Bank of America, Barclays, JPMorgan Chase & Co., Keefe, Bruyette & Woods, Morgan Stanley, Piper Sandler, Royal Bank of Canada, UBS Group, and Wedbush in the past 90 days.

Analysts like Rocket Companies less than other "finance" companies. The consensus rating for Rocket Companies is Reduce while the average consensus rating for "finance" companies is Hold. Learn more on how RKT compares to other companies.


This page (NYSE:RKT) was last updated on 12/22/2024 by MarketBeat.com Staff
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