Rocket Companies, Inc. (RKT)
NYSE: RKT · Real-Time Price · USD
11.87
+0.13 (1.11%)
At close: Jan 17, 2025, 4:00 PM
11.96
+0.09 (0.76%)
Pre-market: Jan 21, 2025, 7:03 AM EST

Rocket Companies Stock Forecast

Stock Price Forecast

The 13 analysts with 12-month price forecasts for Rocket Companies stock have an average target of 13.81, with a low estimate of 10.5 and a high estimate of 18. The average target predicts an increase of 16.34% from the current stock price of 11.87.

Analyst Consensus: Sell
Target Low Average Median High
Price $10.5 $13.81 $14 $18
Change -11.54% +16.34% +17.94% +51.64%

Analyst Ratings

The average analyst rating for RKT stock from 13 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.

Recommendation Trends

Rating Aug '24Sep '24Oct '24Nov '24Dec '24Jan '25
Strong Buy 000000
Buy 000000
Hold 765668
Sell 444344
Strong Sell 222221
Total 131211111213

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
JP Morgan
JP Morgan
Sell
Maintains
$14$11
Sell Maintains $14$11 -11.54% Jan 14, 2025
UBS
UBS
Hold
Upgrades
$13$12
Hold Upgrades $13$12 -3.12% Jan 10, 2025
Goldman Sachs
Goldman Sachs
Hold
Maintains
$16$14
Hold Maintains $16$14 +17.94% Jan 7, 2025
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Sell
Maintains
$12$11
Sell Maintains $12$11 -11.54% Jan 3, 2025
Morgan Stanley
Morgan Stanley
Hold
Maintains
$16$13
Hold Maintains $16$13 +9.52% Dec 19, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
4.65B
from 4.01B
Increased by 16.03%
Revenue Next Year
6.00B
from 4.65B
Increased by 29.17%
EPS This Year
0.22
from -0.15
EPS Next Year
0.60
from 0.22
Increased by 178.40%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
5.20B15.90B13.18B6.00B4.01B4.65B6.00B7.12B
Revenue Growth
20.77%205.45%-17.11%-54.42%-33.29%16.03%29.17%18.54%
EPS
-1.762.320.28-0.150.220.600.80
EPS Growth
--31.66%-87.99%--178.40%32.91%
Forward PE
-----54.6619.6314.77
No. Analysts -----161611
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 5.9B 6.9B 7.8B
Avg 4.6B 6.0B 7.1B
Low 4.3B 5.0B 6.5B

Revenue Growth

Revenue Growth 202420252026
High
48.1%
48.5%
30.4%
Avg
16.0%
29.2%
18.5%
Low
7.6%
7.6%
8.2%

EPS Forecast

EPS 202420252026
High 0.24 1.05 0.99
Avg 0.22 0.60 0.80
Low 0.20 0.39 0.68

EPS Growth

EPS Growth 202420252026
High -
383.5%
63.3%
Avg -
178.4%
32.9%
Low -
80.5%
11.9%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.