Rocket Companies (NYSE:RKT) Price Target Cut to $15.00 by Analysts at Barclays

Posted by George Bondi on Oct 6th, 2026

Rocket Companies (NYSE:RKT – Free Report) had its price target reduced by Barclays from $17.00 to $15.00 in a report published on Monday,Benzinga reports. They currently have an overweight rating on the stock.

RKT has been the topic of several other reports. Stephens lowered their price objective on shares of Rocket Companies from $22.50 to $20.00 and set an “overweight” rating on the stock in a research report on Friday, August 7th. Benchmark reduced their target price on shares of Rocket Companies from $21.00 to $19.00 and set a “buy” rating for the company in a report on Friday, August 7th. Morgan Stanley upgraded shares of Rocket Companies from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $18.00 to $19.00 in a research note on Thursday, July 16th. Royal Bank Of Canada reissued a “sector perform” rating and set a $16.00 price target (up from $15.00) on shares of Rocket Companies in a report on Wednesday, August 12th. Finally, Keefe, Bruyette & Woods dropped their price target on Rocket Companies from $20.00 to $19.00 and set an “outperform” rating on the stock in a research report on Monday, August 10th. Nine investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $19.43.

Check Out Our Latest Research Report on Rocket Companies

Rocket Companies Price Performance

RKT stock opened at $11.70 on Monday. The company has a market capitalization of $33.12 billion, a P/E ratio of 83.54, a PEG ratio of 3.21 and a beta of 2.23. Rocket Companies has a twelve month low of $11.25 and a twelve month high of $24.36. The business has a 50 day simple moving average of $13.36 and a 200-day simple moving average of $14.02. The company has a current ratio of 4.85, a quick ratio of 4.85 and a debt-to-equity ratio of 1.16.

Rocket Companies (NYSE:RKT – Get Free Report) last announced its earnings results on Thursday, August 6th. The company reported $0.16 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.16. Rocket Companies had a net margin of 4.70% and a return on equity of 5.13%. The business had revenue of $2.76 billion for the quarter, compared to analyst estimates of $2.81 billion. During the same period last year, the firm posted $0.04 earnings per share. The company’s revenue for the quarter was up 91.9% compared to the same quarter last year. As a group, equities analysts anticipate that Rocket Companies will post 0.52 EPS for the current year.

Insider Transactions at Rocket Companies

In other Rocket Companies news, Rocket Mortgage CEO Jesse Bray sold 225,000 shares of the company’s stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $13.11, for a total transaction of $2,949,750.00. Following the completion of the transaction, the insider owned 7,953,027 shares in the company, valued at approximately $104,264,183.97. This represents a 2.75% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 450,000 shares of company stock valued at $5,687,074. Insiders own 57.68% of the company’s stock.

Institutional Trading of Rocket Companies

Hedge funds have recently made changes to their positions in the company. Envestnet Portfolio Solutions Inc. purchased a new stake in shares of Rocket Companies in the second quarter valued at about $164,000. Integrated Wealth Concepts LLC increased its stake in shares of Rocket Companies by 32.8% during the second quarter. Integrated Wealth Concepts LLC now owns 142,805 shares of the company’s stock worth $2,249,000 after acquiring an additional 35,239 shares during the period. Nykredit A S purchased a new position in Rocket Companies during the second quarter worth about $2,980,000. Greenland Capital Management LP raised its holdings in Rocket Companies by 84.6% during the second quarter. Greenland Capital Management LP now owns 48,000 shares of the company’s stock worth $756,000 after purchasing an additional 22,000 shares in the last quarter. Finally, Ameritas Advisory Services LLC acquired a new stake in Rocket Companies in the second quarter valued at about $113,000. Institutional investors and hedge funds own 4.59% of the company’s stock.

Key Headlines Impacting Rocket Companies

Here are the key news stories impacting Rocket Companies this week:

Positive Sentiment: Barclays maintained an “overweight” rating on Rocket Companies, indicating expectations that the shares can outperform. Its revised $15 price target still implies substantial upside from recent trading levels. Rocket Companies Price Target Cut to $15.00 by Analysts at Barclays
Neutral Sentiment: Sell-side analysts collectively rate RKT “Moderate Buy,” suggesting Wall Street sentiment remains generally constructive despite recent share-price weakness. Rocket Companies Stock Rated Moderate Buy by Sell-Side Analysts
Negative Sentiment: Barclays lowered its price target from $17 to $15. Although the firm kept its bullish rating, the reduction signals a more cautious outlook for Rocket’s earnings or valuation and can pressure the stock.
Negative Sentiment: CEO Jesse Bray sold 92,300 shares worth approximately $1.14 million. The sale was made under a pre-arranged Rule 10b5-1 trading plan and represented only 1.18% of his holdings, which reduces its significance, but insider selling can still weigh on investor sentiment. SEC insider transaction filing

Rocket Companies Company Profile

(Get Free Report)

Rocket Companies, Inc is a Detroit-based fintech platform that provides digital financial and real estate services primarily to consumers in the United States. Its operations are centered on helping customers obtain, manage and refinance home loans, while also offering related services across the homeownership and personal finance lifecycle.

The company’s principal businesses include Rocket Mortgage, a digital mortgage lender and originator; Rocket Homes, a real estate marketplace and agent-referral platform; Rocket Money, a personal finance application that helps users manage subscriptions, budgets and bills; and Rocket Loans, which provides personal loans.