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Rocket Companies - RKT Stock Price Target and Predictions

  • Consensus Rating: Reduce
  • Consensus Price Target: $10.02
  • Forecasted Upside: -14.21%
  • Number of Analysts: 13
  • Breakdown:
  • 6 Sell Ratings
  • 7 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$11.68 As of 04/19/2024 01:00 AM ET
▲ +0.15 (1.30%)

This chart shows the closing price for RKT by one month, three months, or twelve months.

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Analyst Price Target for RKT

Analyst Price Target is $10.02
▼ -14.21% Downside Potential
This price target is based on 13 analysts offering 12 month price targets for Rocket Companies in the last 3 months. The average price target is $10.02, with a high forecast of $13.00 and a low forecast of $6.00. The average price target represents a -14.21% upside from the last price of $11.68.

This chart shows the closing price for RKT for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Reduce

The current consensus among 13 polled investment analysts is to reduce stock in Rocket Companies. This Reduce consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 7 hold ratings
  • 6 sell ratings
Ratings as of
10/28/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 7 hold ratings
  • 6 sell ratings
Ratings as of
1/26/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 7 hold ratings
  • 6 sell ratings
Ratings as of
4/26/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 7 hold ratings
  • 6 sell ratings
Ratings as of
7/25/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 7 hold ratings
  • 6 sell ratings
Ratings as of
10/23/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 7 hold ratings
  • 6 sell ratings
Ratings as of
1/21/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 7 hold ratings
  • 6 sell ratings
Ratings as of
3/21/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 7 hold ratings
  • 6 sell ratings
Ratings as of
4/20/2024

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 7 hold ratings
  • 6 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
3/18/2024Bank of AmericaBoost TargetUnderperform ➝ Underperform$7.00 ➝ $8.00Low
2/28/2024CitigroupBoost TargetSell ➝ Sell$10.00 ➝ $11.00Low
2/26/2024UBS GroupBoost TargetSell ➝ Sell$8.50 ➝ $10.00Low
2/23/2024Wells Fargo & CompanyLower TargetEqual Weight ➝ Equal Weight$14.00 ➝ $13.00Low
2/23/2024WedbushReiterated RatingNeutral ➝ Neutral$13.00Low
1/16/2024CitigroupDowngradeNeutral ➝ Sell$9.00 ➝ $10.00Low
1/10/2024Deutsche Bank AktiengesellschaftInitiated CoverageHold$10.00Low
1/4/2024JPMorgan Chase & Co.Reiterated RatingNeutral ➝ Underweight$8.50 ➝ $10.50Low
1/3/2024Keefe, Bruyette & WoodsReiterated RatingMarket Perform ➝ Underperform$10.75Low
1/3/2024Wells Fargo & CompanyReiterated RatingOverweight ➝ Equal Weight$13.00 ➝ $14.00Low
12/13/2023Keefe, Bruyette & WoodsBoost TargetMarket Perform ➝ Market Perform$9.25 ➝ $10.75Low
12/6/2023UBS GroupReiterated RatingSell$8.50Low
11/15/2023BarclaysInitiated CoverageUnderweight$6.00Low
11/3/2023WedbushLower TargetNeutral ➝ Neutral$11.00 ➝ $8.00Low
10/17/2023JPMorgan Chase & Co.Lower TargetNeutral ➝ Neutral$12.00 ➝ $9.00Low
10/3/2023The Goldman Sachs GroupLower TargetNeutral ➝ Neutral$11.00 ➝ $9.00Low
10/2/2023Keefe, Bruyette & WoodsLower Target$11.50 ➝ $9.25Low
8/30/2023UBS GroupBoost TargetNeutral ➝ Neutral$8.50 ➝ $10.50Low
8/15/2023Piper SandlerBoost TargetNeutral ➝ Neutral$8.00 ➝ $10.00Low
8/8/2023WedbushBoost TargetNeutral ➝ Neutral$8.50 ➝ $11.00Low
8/6/2023Keefe, Bruyette & WoodsUpgradeUnderperform ➝ Market Perform$11.50Low
8/4/2023CitigroupBoost Target$9.00 ➝ $11.00Low
8/4/2023Morgan StanleyBoost TargetEqual Weight ➝ Equal Weight$7.00 ➝ $9.00Low
8/4/2023The Goldman Sachs GroupBoost TargetNeutral ➝ Neutral$9.00 ➝ $10.00Low
5/22/2023ArgusUpgradeSell ➝ HoldLow
5/8/2023Piper SandlerBoost Target$7.50 ➝ $8.00Low
5/5/2023CitigroupBoost Target$8.00 ➝ $9.00Low
4/17/2023JPMorgan Chase & Co.Boost TargetNeutral$8.00 ➝ $9.50Low
3/2/2023Credit Suisse GroupReiterated RatingUnderperform$7.00Low
3/2/2023The Goldman Sachs GroupBoost TargetNeutral$7.00 ➝ $8.00Low
3/1/2023CitigroupBoost TargetNeutral$7.00 ➝ $8.00Low
1/10/2023JPMorgan Chase & Co.Boost Target$7.00 ➝ $8.00Low
1/9/2023Credit Suisse GroupDowngradeNeutral ➝ Underperform$7.00Low
1/6/2023BarclaysBoost Target$4.50 ➝ $6.00Low
12/6/2022Wells Fargo & CompanyBoost TargetOverweight$7.00 ➝ $10.00Low
11/23/2022UBS GroupSet Target$8.00Low
11/16/2022ArgusDowngradeHold ➝ SellLow
11/15/2022Credit Suisse GroupLower Target$7.00Low
11/7/2022The Goldman Sachs GroupLower TargetNeutral$7.25 ➝ $6.50Low
11/4/2022Wells Fargo & CompanyLower TargetOverweight$10.00 ➝ $7.00Low
11/4/2022Morgan StanleyLower TargetEqual Weight$7.00 ➝ $6.50Low
10/18/2022JPMorgan Chase & Co.Lower TargetNeutral$8.50 ➝ $8.00Low
10/17/2022BarclaysLower TargetEqual Weight$7.00 ➝ $5.00Low
10/4/2022The Goldman Sachs GroupLower TargetNeutral$8.25 ➝ $7.25Low
9/30/2022Piper SandlerLower TargetNeutral$9.00 ➝ $8.00Low
9/6/2022JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$11.00 ➝ $8.50Low
8/9/2022CitigroupBoost Target$10.00Low
8/9/2022BarclaysLower Target$7.00Low
8/7/2022Keefe, Bruyette & WoodsDowngradeMarket Perform ➝ Underperform$6.50Low
7/11/2022BarclaysLower TargetEqual Weight$11.00 ➝ $8.00N/A
7/6/2022Wells Fargo & CompanyUpgradeEqual Weight ➝ Overweight$10.00N/A
6/17/2022Wells Fargo & CompanyLower TargetEqual Weight$8.00 ➝ $6.50High
5/31/2022ArgusDowngradeBuy ➝ HoldHigh
5/19/2022Credit Suisse GroupLower TargetNeutral$9.00Low
5/17/2022WedbushLower TargetNA$7.00Low
5/15/2022Keefe, Bruyette & WoodsUpgradeUnderperform ➝ Market Perform$10.00 ➝ $7.00Low
5/12/2022Royal Bank of CanadaLower Target$18.00 ➝ $9.00High
5/11/2022CitigroupDowngradeBuy ➝ Neutral$14.00 ➝ $8.00High
4/12/2022BarclaysLower TargetEqual Weight$14.00 ➝ $13.00Medium
4/7/2022Morgan StanleyLower TargetEqual Weight$12.00 ➝ $11.00High
4/4/2022The Goldman Sachs GroupLower TargetNeutral$14.00 ➝ $11.50High
2/28/2022BarclaysLower TargetEqual Weight$19.00 ➝ $14.00High
2/28/2022CitigroupLower TargetBuy$23.00 ➝ $14.00High
2/25/2022Credit Suisse GroupLower TargetNeutral$16.00 ➝ $13.00High
2/22/2022Bank of AmericaDowngradeNeutral ➝ Underperform$21.00 ➝ $11.00High
1/19/2022JPMorgan Chase & Co.UpgradeUnderweight ➝ Overweight$17.50 ➝ $15.00Low
1/10/2022BarclaysBoost Target$18.00 ➝ $19.00Medium
1/5/2022Piper SandlerLower Target$19.00 ➝ $18.00High
1/3/2022WedbushUpgradeUnderperform ➝ Neutral$14.00High
12/16/2021Wells Fargo & CompanyLower TargetEqual Weight$20.00 ➝ $17.00High
11/30/2021Morgan StanleyLower TargetEqual Weight$19.00 ➝ $15.00Medium
10/11/2021BarclaysLower TargetEqual Weight$19.00 ➝ $18.00Low
10/8/2021Royal Bank of CanadaLower TargetSector Perform$24.00 ➝ $21.00Medium
10/4/2021Piper SandlerLower TargetNeutral$20.00 ➝ $18.00High
8/13/2021BarclaysLower TargetEqual Weight$20.00 ➝ $19.00High
8/13/2021Royal Bank of CanadaLower TargetSector Perform$26.00 ➝ $24.00High
8/13/2021Credit Suisse GroupBoost TargetNeutral$18.00 ➝ $19.00High
8/13/2021Piper SandlerBoost TargetNeutral$18.00 ➝ $20.00High
8/13/2021Morgan StanleyBoost TargetEqual Weight$18.00 ➝ $19.00High
7/20/2021WedbushDowngradeNeutral ➝ Underperform$12.00High
7/12/2021Jefferies Financial GroupDowngradeBuy ➝ Hold$26.00 ➝ $18.00High
7/9/2021BarclaysLower TargetEqual Weight$21.00 ➝ $20.00Low
6/8/2021ArgusInitiated CoverageBuy$23.00High
6/8/2021Piper SandlerInitiated CoverageNeutral$18.00High
5/28/2021Morgan StanleyLower TargetEqual Weight$24.00 ➝ $18.00High
5/7/2021The Goldman Sachs GroupLower TargetNeutral$23.00 ➝ $18.50High
5/6/2021Jefferies Financial GroupLower Target$30.00 ➝ $26.00High
5/6/2021Credit Suisse GroupLower TargetNeutral$23.00 ➝ $21.50High
4/27/2021Bank of AmericaReiterated RatingBuy ➝ Neutral$27.00 ➝ $24.00Low
4/21/2021Bank of AmericaDowngradeBuy ➝ Neutral$27.00 ➝ $24.00Medium
3/9/2021Morgan StanleyBoost TargetEqual Weight$23.00 ➝ $24.00Low
3/9/2021Royal Bank of CanadaReiterated RatingOutperform ➝ Sector Perform$30.00Low
3/3/2021Zelman & AssociatesDowngradeBuy ➝ HoldN/A
3/3/2021Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform$30.00N/A
1/19/2021JPMorgan Chase & Co.DowngradeOverweight ➝ Underweight$20.00Low
12/17/2020Keefe, Bruyette & WoodsDowngradeMarket Perform ➝ Underperform$19.00Medium
12/14/2020Jefferies Financial GroupInitiated CoverageBuy$27.50High
11/11/2020Wells Fargo & CompanyLower TargetEqual Weight$29.00 ➝ $24.00Medium
11/11/2020Credit Suisse GroupLower TargetNeutral$29.00 ➝ $27.00Medium
11/11/2020Bank of AmericaReiterated RatingBuy$32.00 ➝ $27.00Medium
11/6/2020Wolfe ResearchInitiated CoverageOutperformHigh
11/2/2020Morgan StanleyLower TargetEqual Weight$25.00 ➝ $23.00Medium
10/12/2020Keefe, Bruyette & WoodsInitiated CoverageMarket Perform$19.00Low
10/9/2020JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$28.50High
9/25/2020Susquehanna BancsharesUpgradeNegative ➝ Neutral$20.00Low
9/10/2020WedbushInitiated CoverageNeutral$24.00Low
9/8/2020Susquehanna BancsharesDowngradeNeutral ➝ Negative$18.00 ➝ $20.00Low
8/31/2020UBS GroupInitiated CoverageNeutral$28.00High
8/31/2020Bank of AmericaInitiated CoverageBuy$32.00High
8/31/2020JPMorgan Chase & Co.Initiated CoverageNeutral$31.00High
8/31/2020Credit Suisse GroupInitiated CoverageNeutral$29.00High
8/31/2020Morgan StanleyInitiated CoverageEqual Weight$25.00High
8/31/2020Royal Bank of CanadaInitiated CoverageOutperform$32.00High
8/31/2020The Goldman Sachs GroupInitiated CoverageNeutral$27.00High
8/31/2020CitigroupInitiated CoverageBuy$35.00High
8/31/2020Wells Fargo & CompanyInitiated CoverageEqual Weight$29.00High
8/31/2020BarclaysInitiated CoverageEqual Weight$25.00High
8/13/2020Susquehanna BancsharesInitiated CoverageNeutral$18.00Medium
(Data available from 4/20/2019 forward)

News Sentiment Rating

0.40 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 5 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
9/23/2023
  • 1 very positive mentions
  • 5 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
10/23/2023
  • 7 very positive mentions
  • 9 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
11/22/2023
  • 3 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
12/22/2023
  • 7 very positive mentions
  • 10 positive mentions
  • 4 negative mentions
  • 1 very negative mentions
Mentions as of
1/21/2024
  • 9 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/20/2024
  • 9 very positive mentions
  • 20 positive mentions
  • 4 negative mentions
  • 1 very negative mentions
Mentions as of
3/21/2024
  • 5 very positive mentions
  • 27 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/20/2024

Current Sentiment

  • 5 very positive mentions
  • 27 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Rocket Companies logo
Rocket Companies, Inc., a fintech holding company, provides mortgage lending, title and settlement services, and other financial technology services in the United States and Canada. It operates through two segments, Direct to Consumer and Partner Network. The company's solutions include Rocket Mortgage, a mortgage lender; Amrock that provides title insurance, property valuation, and settlement services; Rocket Homes, a home search platform and real estate agent referral network, which offers technology-enabled services to support the home buying and selling experience; and Rocket Loans, an online-based personal loans business. It also offers Core Digital Media, a online marketing platform in the mortgage and personal financial product sectors; Rocket Money, a personal finance app that helps clients manage every aspect of their financial lives; Lendesk, a software services company that provides a point of sale system for mortgage professionals and a loan origination system for private lenders; Rock Connections, a sales and support platform specializing in contact center services; and Rocket Innovation Studio that recruits and mentors top technology talent. In addition, the company originates, closes, sells, and services agency-conforming loans. Rocket Companies, Inc. was founded in 1985 and is headquartered in Detroit, Michigan. The company operates as a subsidiary of Rock Holdings Inc.
Read More

Today's Range

Now: $11.68
Low: $11.40
High: $11.70

50 Day Range

MA: $12.53
Low: $10.98
High: $14.55

52 Week Range

Now: $11.68
Low: $7.17
High: $15.19

Volume

1,853,738 shs

Average Volume

2,330,079 shs

Market Capitalization

$23.19 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

2.42

Frequently Asked Questions

What sell-side analysts currently cover shares of Rocket Companies?

The following sell-side analysts have issued stock ratings on Rocket Companies in the last year: Argus, Bank of America Co., Barclays PLC, Citigroup Inc., Deutsche Bank Aktiengesellschaft, JPMorgan Chase & Co., Keefe, Bruyette & Woods, Morgan Stanley, Piper Sandler, The Goldman Sachs Group, Inc., UBS Group AG, Wedbush, and Wells Fargo & Company.
View the latest analyst ratings for RKT.

What is the current price target for Rocket Companies?

12 Wall Street analysts have set twelve-month price targets for Rocket Companies in the last year. Their average twelve-month price target is $10.02, suggesting a possible downside of 14.2%. Wells Fargo & Company has the highest price target set, predicting RKT will reach $13.00 in the next twelve months. Barclays PLC has the lowest price target set, forecasting a price of $6.00 for Rocket Companies in the next year.
View the latest price targets for RKT.

What is the current consensus analyst rating for Rocket Companies?

Rocket Companies currently has 6 sell ratings and 7 hold ratings from Wall Street analysts. The stock has a consensus analyst rating of "Reduce."
View the latest ratings for RKT.

What other companies compete with Rocket Companies?

Other companies that are similar to Rocket Companies include Broadridge Financial Solutions, Veralto, FLEETCOR Technologies, Symbotic and Corpay. Learn More about companies similar to Rocket Companies.

How do I contact Rocket Companies' investor relations team?

Rocket Companies' physical mailing address is 1050 WOODWARD AVENUE, DETROIT MI, 48226. The company's listed phone number is 313-373-7990 and its investor relations email address is [email protected]. The official website for Rocket Companies is www.rocketcompanies.com. Learn More about contacing Rocket Companies investor relations.