Rocket Companies, Inc. (RKT)
NYSE: RKT · Real-Time Price · USD
13.68
-0.03 (-0.22%)
At close: Nov 20, 2024, 4:00 PM
13.66
-0.02 (-0.15%)
Pre-market: Nov 21, 2024, 5:37 AM EST

Rocket Companies Stock Forecast

Stock Price Forecast

The 11 analysts with 12-month price forecasts for Rocket Companies stock have an average target of 15.23, with a low estimate of 11 and a high estimate of 19. The average target predicts an increase of 11.33% from the current stock price of 13.68.

Analyst Consensus: Sell
Target Low Average Median High
Price $11 $15.23 $15 $19
Change -19.59% +11.33% +9.65% +38.89%

Analyst Ratings

The average analyst rating for RKT stock from 11 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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 000000
Buy 000000
Hold 1097656
Sell 444443
Strong Sell 222222
Total 161513121111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
B of A Securities
B of A Securities
Hold
Upgrades
$15
Hold Upgrades $15 +9.65% Nov 15, 2024
B of A Securities
B of A Securities
Sell
Maintains
$14$15
Sell Maintains $14$15 +9.65% Nov 14, 2024
UBS
UBS
Strong Sell
Maintains
$14$13
Strong Sell Maintains $14$13 -8.63% Nov 14, 2024
Piper Sandler
Piper Sandler
Hold
Reiterates
$17$16
Hold Reiterates $17$16 +16.96% Nov 14, 2024
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Hold
Maintains
$20$16
Hold Maintains $20$16 +16.96% Nov 14, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
5.43B
from 4.01B
Increased by 35.63%
Revenue Next Year
6.95B
from 5.43B
Increased by 27.90%
EPS This Year
0.29
from -0.15
EPS Next Year
0.66
from 0.29
Increased by 129.05%
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
5.20B15.90B13.18B6.00B4.01B5.43B6.95B7.68B
Revenue Growth
20.77%205.45%-17.11%-54.42%-33.29%35.63%27.90%10.55%
EPS
-1.762.320.28-0.150.290.660.96
EPS Growth
--31.66%-87.99%--129.05%44.02%
Forward PE
-----47.1220.5714.29
No. Analysts -----16169
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 6.1B 10.3B 9.3B
Avg 5.4B 6.9B 7.7B
Low 5.1B 5.6B 6.6B

Revenue Growth

Revenue Growth 202420252026
High
52.8%
89.0%
34.3%
Avg
35.6%
27.9%
10.5%
Low
27.9%
2.2%
-5.0%

EPS Forecast

EPS 202420252026
High 0.33 1.05 1.39
Avg 0.29 0.66 0.96
Low 0.23 0.49 0.74

EPS Growth

EPS Growth 202420252026
High -
261.7%
108.4%
Avg -
129.1%
44.0%
Low -
68.8%
10.5%
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.