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Rocket Companies Inc has a consensus price target of $12.63 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 JP Morgan, UBS, and Goldman Sachs on January 14, 2025, January 10, 2025, and January 7, 2025, respectively. With an average price target of $12 between JP Morgan, UBS, and Goldman Sachs, there's an implied 0.79% 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 JP Morgan on January 14, 2025. The analyst firm set a price target for $10.50 expecting RKT to fall to within 12 months (a possible -11.81% downside). 37 analyst firms have reported ratings in the last year.
The latest analyst rating for Rocket Companies (NYSE:RKT) was provided by JP Morgan, and Rocket Companies maintained their underweight rating.
The last upgrade for Rocket Companies Inc happened on January 10, 2025 when UBS raised their price target to $11.5. UBS previously had a sell 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 January 14, 2025 so you should expect the next rating to be made available sometime around January 14, 2026.
While ratings are subjective and will change, the latest Rocket Companies (RKT) rating was a maintained with a price target of $14.00 to $10.50. The current price Rocket Companies (RKT) is trading at is $11.91, which is out of the analyst’s predicted range.
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