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Rocket Companies Inc has a consensus price target of $12.45 based on the ratings of 20 analysts. The high is $18 issued by RBC Capital on November 13, 2024. The low is $7 issued by Credit Suisse on March 2, 2023. The 3 most-recent analyst ratings were released by Keefe, Bruyette & Woods, JP Morgan, and B of A Securities on December 10, 2024, December 9, 2024, and November 15, 2024, respectively. With an average price target of $13.5 between Keefe, Bruyette & Woods, JP Morgan, and B of A Securities, there's an implied 14.99% upside for Rocket Companies Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Rocket Companies (NYSE:RKT) was reported by Keefe, Bruyette & Woods on December 10, 2024. The analyst firm set a price target for $11.50 expecting RKT to fall to within 12 months (a possible -2.04% downside). 37 analyst firms have reported ratings in the last year.
The latest analyst rating for Rocket Companies (NYSE:RKT) was provided by Keefe, Bruyette & Woods, and Rocket Companies downgraded their underperform rating.
The last upgrade for Rocket Companies Inc happened on November 15, 2024 when B of A Securities raised their price target to $15. B of A Securities previously had an underperform for Rocket Companies Inc.
The last downgrade for Rocket Companies Inc happened on December 10, 2024 when Keefe, Bruyette & Woods changed their price target from $16 to $11.5 for Rocket Companies Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Rocket Companies, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Rocket Companies was filed on December 10, 2024 so you should expect the next rating to be made available sometime around December 10, 2025.
While ratings are subjective and will change, the latest Rocket Companies (RKT) rating was a downgraded with a price target of $16.00 to $11.50. The current price Rocket Companies (RKT) is trading at is $11.74, which is out of the analyst’s predicted range.
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