$12.61
0.64[5.35%]
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Rocket Companies
(NYSE:RKT)Rocket Companies Stock (NYSE:RKT), Analyst Ratings, Price Targets, Predictions
Rocket Companies Inc has a consensus price target of $10.86, established from looking at the 77 latest analyst ratings. The last 3 analyst ratings were released from B of A Securities, Citigroup, and UBS on March 18, 2024, February 28, 2024, and February 26, 2024. With an average price target of $9.67 between B of A Securities, Citigroup, and UBS, there's an implied -18.84% downside for Rocket Companies Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
B of A Securities
Citigroup
UBS
Wells Fargo
Wedbush
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Rocket Companies
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 03/18/2024 | RKT | Buy Now | Rocket Companies | $11.91 | -32.83% | B of A Securities | Mihir Bhatia | $7 → $8 | Maintains | Underperform | Get Alert |
| 02/28/2024 | RKT | Buy Now | Rocket Companies | $11.91 | -7.64% | Citigroup | Ashwin Shirvaikar | $10 → $11 | Maintains | Sell | Get Alert |
| 02/26/2024 | RKT | Buy Now | Rocket Companies | $11.91 | -16.04% | UBS | Douglas Harter | $8.5 → $10 | Maintains | Sell | Get Alert |
| 02/23/2024 | RKT | Buy Now | Rocket Companies | $11.91 | 9.15% | Wells Fargo | Donald Fandetti | $14 → $13 | Maintains | Equal-Weight | Get Alert |
| 02/23/2024 | RKT | Buy Now | Rocket Companies | $11.91 | 9.15% | Wedbush | Jay McCanless | → $13 | Reiterates | Neutral → Neutral | Get Alert |
| 01/16/2024 | RKT | Buy Now | Rocket Companies | $11.91 | -16.04% | Citigroup | Ashwin Shirvaikar | $9 → $10 | Downgrade | Neutral → Sell | Get Alert |
| 01/10/2024 | RKT | Buy Now | Rocket Companies | $11.91 | -16.04% | Deutsche Bank | Mark Devries | → $10 | Initiates | → Hold | Get Alert |
| 01/04/2024 | RKT | Buy Now | Rocket Companies | $11.91 | -11.84% | JP Morgan | Richard Shane | $8.5 → $10.5 | Downgrade | Neutral → Underweight | Get Alert |
| 01/03/2024 | RKT | Buy Now | Rocket Companies | $11.91 | 17.55% | Wells Fargo | Donald Fandetti | $13 → $14 | Downgrade | Overweight → Equal-Weight | Get Alert |
| 01/03/2024 | RKT | Buy Now | Rocket Companies | $11.91 | -9.74% | Keefe, Bruyette & Woods | Bose George | → $10.75 | Downgrade | Market Perform → Underperform | Get Alert |
| 12/13/2023 | RKT | Buy Now | Rocket Companies | $11.91 | -9.74% | Keefe, Bruyette & Woods | Bose George | $9.25 → $10.75 | Maintains | Market Perform | Get Alert |
| 12/06/2023 | RKT | Buy Now | Rocket Companies | $11.91 | -28.63% | UBS | Douglas Harter | → $8.5 | Assumes | → Sell | Get Alert |
| 11/15/2023 | RKT | Buy Now | Rocket Companies | $11.91 | -49.62% | Barclays | Mark Devries | → $6 | Initiates | → Underweight | Get Alert |
| 11/03/2023 | RKT | Buy Now | Rocket Companies | $11.91 | -32.83% | Wedbush | Jay McCanless | $11 → $8 | Maintains | Neutral | Get Alert |
| 10/17/2023 | RKT | Buy Now | Rocket Companies | $11.91 | -24.43% | JP Morgan | Richard Shane | $12 → $9 | Maintains | Neutral | Get Alert |
| 10/03/2023 | RKT | Buy Now | Rocket Companies | $11.91 | -24.43% | Goldman Sachs | Ryan Nash | $11 → $9 | Maintains | Neutral | Get Alert |
| 08/30/2023 | RKT | Buy Now | Rocket Companies | $11.91 | -11.84% | UBS | Vilas Abraham | $8.5 → $10.5 | Maintains | Neutral | Get Alert |
| 08/15/2023 | RKT | Buy Now | Rocket Companies | $11.91 | -16.04% | Piper Sandler | Kevin Barker | $8 → $10 | Maintains | Neutral | Get Alert |
| 08/08/2023 | RKT | Buy Now | Rocket Companies | $11.91 | -7.64% | Wedbush | Jay McCanless | $8.5 → $11 | Maintains | Neutral | Get Alert |
FAQ
What is the target price for Rocket Companies (RKT)?
The latest price target for Rocket Companies (NYSE: RKT) was reported by B of A Securities on March 18, 2024. The analyst firm set a price target for $8.00 expecting RKT to fall to within 12 months (a possible -36.56% downside). 29 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Rocket Companies (RKT)?
The latest analyst rating for Rocket Companies (NYSE: RKT) was provided by B of A Securities, and Rocket Companies maintained their underperform rating.
When was the last upgrade for Rocket Companies (RKT)?
The last upgrade for Rocket Companies Inc happened on August 7, 2023 when Keefe, Bruyette & Woods raised their price target to N/A. Keefe, Bruyette & Woods previously had an underperform for Rocket Companies Inc.
When was the last downgrade for Rocket Companies (RKT)?
The last downgrade for Rocket Companies Inc happened on January 16, 2024 when Citigroup changed their price target from $9 to $10 for Rocket Companies Inc.
When is the next analyst rating going to be posted or updated for Rocket Companies (RKT)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Rocket Companies, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Rocket Companies was filed on March 18, 2024 so you should expect the next rating to be made available sometime around March 18, 2025.
Is the Analyst Rating Rocket Companies (RKT) correct?
While ratings are subjective and will change, the latest Rocket Companies (RKT) rating was a maintained with a price target of $7.00 to $8.00. The current price Rocket Companies (RKT) is trading at is $12.61, which is out of the analyst’s predicted range.
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