Rocket Companies, Inc. (NYSE:RKT) Receives $19.87 Consensus Price Target from Analysts

Posted by George Bondi on Sep 12th, 2026

Shares of Rocket Companies, Inc. (NYSE:RKT – Get Free Report) have been assigned an average rating of “Moderate Buy” from the eighteen ratings firms that are currently covering the firm, MarketBeat Ratings reports. Nine research analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $19.5714.

A number of brokerages have weighed in on RKT. Wells Fargo & Company lowered their price target on Rocket Companies from $17.00 to $15.00 and set an “equal weight” rating on the stock in a research report on Friday, August 7th. Keefe, Bruyette & Woods lowered their price target on shares of Rocket Companies from $20.00 to $19.00 and set an “outperform” rating on the stock in a research report on Monday, August 10th. Barclays decreased their price target on shares of Rocket Companies from $19.00 to $17.00 and set an “overweight” rating on the stock in a report on Tuesday, July 7th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $16.00 price objective (up from $15.00) on shares of Rocket Companies in a report on Wednesday, August 12th. Finally, Stephens lowered their price target on Rocket Companies from $22.50 to $20.00 and set an “overweight” rating for the company in a research report on Friday, August 7th.

Check Out Our Latest Stock Report on RKT

Hedge Funds Weigh In On Rocket Companies

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Royal Bank of Canada increased its stake in Rocket Companies by 48.9% in the 1st quarter. Royal Bank of Canada now owns 69,641 shares of the company’s stock worth $841,000 after acquiring an additional 22,861 shares during the last quarter. Amundi lifted its stake in Rocket Companies by 3.1% in the first quarter. Amundi now owns 33,416 shares of the company’s stock worth $403,000 after purchasing an additional 997 shares during the last quarter. AQR Capital Management LLC increased its position in Rocket Companies by 1,086.5% during the 1st quarter. AQR Capital Management LLC now owns 400,467 shares of the company’s stock valued at $4,734,000 after purchasing an additional 366,716 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Rocket Companies by 12.2% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 370,619 shares of the company’s stock valued at $4,473,000 after buying an additional 40,326 shares in the last quarter. Finally, Creative Planning increased its stake in shares of Rocket Companies by 17.2% in the second quarter. Creative Planning now owns 18,215 shares of the company’s stock worth $258,000 after acquiring an additional 2,679 shares during the period. 4.59% of the stock is owned by institutional investors.

Rocket Companies Trading Down 0.2%

Shares of Rocket Companies stock opened at $13.17 on Wednesday. The company has a quick ratio of 4.85, a current ratio of 4.85 and a debt-to-equity ratio of 1.16. Rocket Companies has a fifty-two week low of $12.17 and a fifty-two week high of $24.36. The business has a fifty day simple moving average of $13.96 and a 200-day simple moving average of $14.46. The firm has a market cap of $37.29 billion, a price-to-earnings ratio of 94.06, a price-to-earnings-growth ratio of 3.54 and a beta of 2.20.

Rocket Companies (NYSE:RKT – Get Free Report) last posted its earnings results on Thursday, August 6th. The company reported $0.16 EPS for the quarter, hitting the consensus estimate of $0.16. The company had revenue of $2.76 billion during the quarter, compared to the consensus estimate of $2.81 billion. Rocket Companies had a net margin of 4.70% and a return on equity of 5.13%. The company’s revenue for the quarter was up 91.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.04 earnings per share. On average, equities analysts forecast that Rocket Companies will post 0.53 EPS for the current fiscal year.

Rocket Companies Company Profile

(Get Free Report)

Rocket Companies, Inc is a Detroit-based financial technology company that provides digital platforms and services for homeownership and personal finance. Its flagship business, Rocket Mortgage, originates and services residential mortgage loans through an online application and lending process, serving borrowers across the United States.

The company also operates Rocket Homes, a real estate platform that connects consumers with real estate agents and home-buying resources; Rocket Loans, which provides personal loans; and Rocket Money, a personal finance app designed to help users manage subscriptions, budgeting and other aspects of their financial lives.