Rocket Companies (RKT) Stock Forecast, Price Targets and Analysts Predictions - TipRanks.com (2024)

Disclaimer: The TipRanks Smart Score performance is based on backtested results. Backtested performance is not an indicator of future actual results. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. General assumptions include: XYZ firm would have been able to purchase the securities recommended by the model and the markets were sufficiently liquid to permit all trading. Changes in these assumptions may have a material impact on the backtested returns presented. Certain assumptions have been made for modeling purposes and are unlikely to be realized. No representations and warranties are made as to the reasonableness of the assumptions. This information is provided for illustrative purposes only. Backtested performance is developed with the benefit of hindsight and has inherent limitations. Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. Since trades have not actually been executed, results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity, and may not reflect the impact that certain economic or market factors may have had on the decision-making process. Further, backtesting allows the security selection methodology to be adjusted until past returns are maximized. Actual performance may differ significantly from backtested performance. Backtested results are adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, are presented gross-of fees and do not include the effect of backtested transaction costs, management fees, performance fees or expenses, if applicable. Please note all regulatory considerations regarding the presentation of fees must be taken into account. No cash balance or cash flow is included in the calculation.

Rocket Companies (RKT) Stock Forecast, Price Targets and Analysts Predictions - TipRanks.com (2024)

FAQs

Rocket Companies (RKT) Stock Forecast, Price Targets and Analysts Predictions - TipRanks.com? ›

RKT Stock 12 Month Forecast

What is the RKT stock price forecast for 2024? ›

Rocket Companies Stock Forecast & Predictions: 1Y Price Target $10.78 | Buy or Sell NYSE: RKT 2024 | WallStreetZen.

What is the target price for RKT analyst? ›

Stock Price Targets
High$14.00
Median$11.00
Low$8.00
Average$11.29
Current Price$11.97

Is RKT a good stock to buy? ›

This is based on 17 Wall Streets Analysts 12-month price targets, issued in the past 3 months. What do analysts say about Reckitt? Reckitt's analyst rating consensus is a Moderate Buy. This is based on the ratings of 17 Wall Streets Analysts.

What is the RKT 12 month forecast? ›

Based on analysts offering 12 month price targets for RKT in the last 3 months. The average price target is $11.07 with a high estimate of $13 and a low estimate of $8.

How high will RKT go? ›

RKT Stock 12 Month Forecast

Based on 13 Wall Street analysts offering 12 month price targets for Rocket Companies in the last 3 months. The average price target is $10.94 with a high forecast of $13.00 and a low forecast of $8.00.

Who is the largest shareholder of RKT? ›

Vanguard owns the most shares of Rocket Companies (RKT). The ownership structure can impact the company's decision making, as large institutional investors may exert influence on the company's management and can also affect the company's stock price with their buying and selling patterns.

Does RKT pay a dividend? ›

Rocket Companies (RKT) does not pay a dividend.

What is the target price prediction? ›

The average price target for Target is $183.62. This is based on 30 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $210.00 ,the lowest forecast is $153.00.

What is the fair price for target stock? ›

Target Fair Value - Peers Benchmarking
Market Cap (mil)Fair Value
TGT76,059165.83
DG31,20937.77
DLTR26,537-66.87
DOL.TO32,51748.35
8 more rows

Will Rocket stock ever go up? ›

If you are looking for stocks with good return, Rocket Companies Inc Class A can be a profitable investment option. Rocket Companies Inc Class A quote is equal to 11.970 USD at 2024-04-22. Based on our forecasts, a long-term increase is expected, the "RKT" stock price prognosis for 2029-04-13 is 27.205 USD.

Are Rocket Companies undervalued? ›

RKT Stock Overview

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. Undervalued with high growth potential.

What is RKT dividend yield? ›

The current Reckitt Benckiser Group dividend yield is 4.30%. This yield is based on trailing twelve months dividends. In the past year, the RKT dividend yield has ranged from 2.79% to 4.68%. Historic dividends used to calculate the yield history can be found on the Reckitt Benckiser Group dividend history page.

What is Rocket stock forecast for 2025? ›

Rocket Pharmaceuticals Stock Prediction 2025

The Rocket Pharmaceuticals stock prediction for 2025 is currently $ 28.37, assuming that Rocket Pharmaceuticals shares will continue growing at the average yearly rate as they did in the last 10 years. This would represent a 26.26% increase in the RCKT stock price.

What is the debt of RKT? ›

Rocket long term debt for 2022 was $8.25B, a 55.99% decline from 2021. Rocket long term debt for 2021 was $18.746B, a 12.49% decline from 2020.

How many shares of RKT are there? ›

Share Statistics

RKT has 1.99 billion shares outstanding.

What is the target stock price forecast for 2024? ›

Target Stock Price Forecast 2024-2025

The forecasted Target price at the end of 2024 is $192 - and the year to year change +35%. The rise from today to year-end: +24%.

What is the meta stock price forecast for 2024? ›

Fair Value Estimate for Meta Stock

We expect solid growth in ad revenue during 2024 (17%), followed by 14% growth in 2025, which assumes continuing economic expansion and further increases in Reels monetization.

What is fastly stock price prediction for 2024? ›

According to our current FSLY stock forecast, the value of Fastly shares will rise by 3.02% and reach $ 13.31 per share by May 4, 2024.

Will tech stocks rise in 2024? ›

Elevated interest rates and inflation in the near term make stock selection crucial in the tech sector. Technology stocks have led the stock market to new all-time highs in 2024. In fact, the Technology Select Sector SPDR ETF (ticker: XLK) has significantly outperformed the S&P 500's total return in the past 12 months.

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