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Rocket Companies

RKTNYSE
Logo brought to you by Benzinga Data
$13.55
-0.05-0.37%
Pre-Market: 8:31 AM EDT
Q3 2024 Earnings were released on Tue Nov 12th, after the market close
The most recent conference call was at 16:30 PM, 6 days ago Click to view past webcast
Consensus Rating1
Neutral
Highest Price Target1
$19.00
Lowest Price Target1
$7.00
Consensus Price Target1
$13.15

Rocket Companies (NYSE:RKT) Stock, Analyst Ratings, Price Targets, Forecasts

Rocket Companies Inc has a consensus price target of $13.15 based on the ratings of 21 analysts. The high is $19 issued by JP Morgan on October 7, 2024. The low is $7 issued by Credit Suisse on March 2, 2023. The 3 most-recent analyst ratings were released by B of A Securities, B of A Securities, and UBS on November 15, 2024, November 14, 2024, and November 14, 2024, respectively. With an average price target of $14.17 between B of A Securities, B of A Securities, and UBS, there's an implied 4.55% upside for Rocket Companies Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
2
Jul
2
2
Aug
1
2
Sep
2
Oct
3
3
Nov
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
1.9
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

B of A Securities
UBS
Piper Sandler
Keefe, Bruyette & Woods
Barclays

1calculated from analyst ratings

Analyst Ratings for Rocket Companies

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FAQ

Q

What is the target price for Rocket Companies (RKT) stock?

A

The latest price target for Rocket Companies (NYSE:RKT) was reported by B of A Securities on November 15, 2024. The analyst firm set a price target for $15.00 expecting RKT to rise to within 12 months (a possible 10.70% upside). 37 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Rocket Companies (RKT)?

A

The latest analyst rating for Rocket Companies (NYSE:RKT) was provided by B of A Securities, and Rocket Companies upgraded their neutral rating.

Q

When was the last upgrade for Rocket Companies (RKT)?

A

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.

Q

When was the last downgrade for Rocket Companies (RKT)?

A

The last downgrade for Rocket Companies Inc happened on January 16, 2024 when Citigroup changed their price target from $9 to $10 for Rocket Companies Inc.

Q

When is the next analyst rating going to be posted or updated for Rocket Companies (RKT)?

A

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 November 15, 2024 so you should expect the next rating to be made available sometime around November 15, 2025.

Q

Is the Analyst Rating Rocket Companies (RKT) correct?

A

While ratings are subjective and will change, the latest Rocket Companies (RKT) rating was a upgraded with a price target of $15.00 to $15.00. The current price Rocket Companies (RKT) is trading at is $13.55, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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