Analyst Price Target is $13.83
▼ -7.18% Downside Potential
This price target is based on 12 analysts offering 12 month price targets for Rocket Companies in the last 3 months. The average price target is $13.83, with a high forecast of $18.00 and a low forecast of $10.50. The average price target represents a -7.18% upside from the last price of $14.90.
Current Consensus is
Reduce
The current consensus among 12 contributing investment analysts is to reduce stock in Rocket Companies. This rating has held steady since October 2023, when it changed from a Hold consensus rating.
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. It operates through two segments, Direct to Consumer and Partner Network. The company's solutions include Rocket Mortgage, a mortgage lender; Amrock that provides title insurance, property valuation, and settlement services; Rocket Homes, a home search platform and real estate agent referral network, which offers technology-enabled services to support the home buying and selling experience; and Rocket Loans, an online-based personal loans business. It also offers Core Digital Media, a online marketing platform in the mortgage and personal financial product sectors; Rocket Money, a personal finance app that helps clients manage every aspect of their financial lives; Lendesk, a software services company that provides a point of sale system for mortgage professionals and a loan origination system for private lenders; Rock Connections, a sales and support platform specializing in contact center services; and Rocket Innovation Studio that recruits and mentors top technology talent. In addition, the company originates, closes, sells, and services agency-conforming loans. Rocket Companies, Inc. was founded in 1985 and is headquartered in Detroit, Michigan. The company operates as a subsidiary of Rock Holdings Inc.
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