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Asset logo for symbol RKT
Rocket Cos
RKT61
$12.79arrow_drop_down2.99%-$0.39
Asset logo for symbol RKT
RKT61

$12.79

arrow_drop_down2.99%

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

Rocket Cos (RKT) Stocklytics Forecast

Rocket Cos Inc (RKT) is a leading provider of mortgage origination and servicing solutions. The company operates through two primary segments: Rocket Mortgage and Rocket Auto. Rocket Mortgage is the largest mortgage lender in the United States, and it offers a convenient and hassle-free way for consumers to secure a home loan. With its innovative technology platform, Rocket Mortgage has revolutionized the mortgage industry by simplifying the application and approval process. As a result, the company has experienced tremendous growth in recent years. In addition to mortgages, Rocket Cos Inc also provides auto loan services through its Rocket Auto segment. This segment offers a digital platform that allows consumers to apply for and manage their auto loans online.
Looking ahead, there is considerable optimism surrounding the future prospects of Rocket Cos Inc. The company has consistently delivered impressive financial results, and its stock price has been on an upward trajectory. Analysts expect this positive trend to continue, with many predicting that the stock will reach new highs in the coming years. In fact, the average price target for Rocket Cos Inc is significantly higher than its current trading price, suggesting that there is considerable upside potential. This positive sentiment is largely driven by the company's strong fundamentals and its ability to capitalize on the growing demand for mortgage and auto loan services. As the housing market and consumer spending continue to recover, Rocket Cos Inc is well-positioned to benefit from these trends.
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Frequently Asked Questions

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What is the analyst price prediction for Rocket Cos (RKT) stock?

Analysts have set a target price of $9.26 for Rocket Cos (RKT), based on forecasts from 27 analysts. The predicted price range extends from a high of $14 to a low of $6. This represents a potential increase of up to 9.43% and a decrease of -53.1% from the current price of $12.79. These forecasts are as of 2022 Nov 16.
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What are the analyst ratings for Rocket Cos (RKT) stock?

Currently, there are no analyst ratings available for Rocket Cos (RKT), possibly due to insufficient coverage or recent updates.
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What is the AI price prediction for Rocket Cos (RKT) stock?

At present, there is no AI or machine-learning-based price prediction available for Rocket Cos (RKT) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.

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