Rocket Companies, Inc. (RKT)
NYSE: RKT · Real-Time Price · USD
11.82
+0.19 (1.63%)
Dec 20, 2024, 4:00 PM EST - Market closed
Rocket Companies Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for Rocket Companies stock have an average target of 14.25, with a low estimate of 11 and a high estimate of 18. The average target predicts an increase of 20.56% from the current stock price of 11.82.
Analyst Consensus: Sell
Analyst Ratings
The average analyst rating for RKT stock from 12 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 9 | 7 | 6 | 5 | 6 | 6 |
| Sell | 4 | 4 | 4 | 4 | 3 | 4 |
| Strong Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Total | 15 | 13 | 12 | 11 | 11 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Maintains $16 → $13 | Hold | Maintains | $16 → $13 | +9.98% | Dec 19, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold → Sell Downgrades $16 → $12 | Hold → Sell | Downgrades | $16 → $12 | -2.71% | Dec 10, 2024 |
| JP Morgan | JP Morgan | Sell Maintains $19 → $14 | Sell | Maintains | $19 → $14 | +18.44% | Dec 9, 2024 |
| B of A Securities | B of A Securities | Sell → Hold Upgrades $15 | Sell → Hold | Upgrades | $15 | +26.90% | Nov 15, 2024 |
| B of A Securities | B of A Securities | Sell Maintains $14 → $15 | Sell | Maintains | $14 → $15 | +26.90% | Nov 14, 2024 |
Financial Forecast
Revenue This Year
4.64B
from 4.01B
Increased by 15.88%
Revenue Next Year
6.26B
from 4.64B
Increased by 34.83%
EPS This Year
0.22
from -0.15
EPS Next Year
0.60
from 0.22
Increased by 178.40%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.9B | 8.4B | 7.9B |
| Avg | 4.6B | 6.3B | 7.1B |
| Low | 4.3B | 5.0B | 6.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 48.1% | 80.5% | 25.4% |
| Avg | 15.9% | 34.8% | 14.2% |
| Low | 8.5% | 7.8% | 3.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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 | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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.