Rocket Companies, Inc. (RKT)
NYSE: RKT · Real-Time Price · USD
15.71
-0.39 (-2.42%)
Nov 1, 2024, 4:00 PM EDT - Market closed
Rocket Companies Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Rocket Companies stock have an average target of 14.89, with a low estimate of 10.75 and a high estimate of 20. The average target predicts a decrease of -5.22% from the current stock price of 15.71.
Analyst Consensus: Sell
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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 10 | 10 | 9 | 7 | 6 | 5 |
| Sell | 4 | 4 | 4 | 4 | 4 | 4 |
| Strong Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Total | 16 | 16 | 15 | 13 | 12 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Sell Maintains $10 → $14 | Sell | Maintains | $10 → $14 | -10.88% | Oct 8, 2024 |
| JP Morgan | JP Morgan | Sell Maintains $15 → $19 | Sell | Maintains | $15 → $19 | +20.94% | Oct 7, 2024 |
| UBS | UBS | Strong Sell Maintains $12 → $14 | Strong Sell | Maintains | $12 → $14 | -10.88% | Sep 16, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $16 → $20 | Hold | Maintains | $16 → $20 | +27.31% | Sep 11, 2024 |
| Wedbush | Wedbush | Hold Maintains $15 → $18 | Hold | Maintains | $15 → $18 | +14.58% | Sep 11, 2024 |
Financial Forecast
Revenue This Year
5.30B
from 4.01B
Increased by 32.38%
Revenue Next Year
6.25B
from 5.30B
Increased by 17.86%
EPS This Year
0.29
from -0.15
EPS Next Year
0.59
from 0.29
Increased by 105.18%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.2B | 8.1B | 9.2B |
| Avg | 5.3B | 6.3B | 7.4B |
| Low | 4.4B | 5.3B | 6.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 55.2% | 52.0% | 47.4% |
| Avg | 32.4% | 17.9% | 18.0% |
| Low | 9.8% | 0.7% | 3.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.35 | 0.74 | 1.05 |
| Avg | 0.29 | 0.59 | 0.84 |
| Low | 0.23 | 0.43 | 0.59 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 157.1% | 79.0% |
| Avg | - | 105.2% | 42.6% |
| Low | - | 50.8% | 0.2% |
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.