$14.02
3.77% today
NYSE, Nov 26, 05:21 pm CET
ISIN
US77311W1018
Symbol
RKT

Rocket Companies Inc Target price 2024 - Analyst rating & recommendation

Rocket Companies Inc Classifications & Recommendation:

Hold
79%
Sell
21%

Rocket Companies Inc Price Target

Target Price $15.58
Price $14.57
Potential
Number of Estimates 13
13 Analysts have issued a price target Rocket Companies Inc 2025 . The average Rocket Companies Inc target price is $15.58. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 14 analysts: 0 Analysts recommend Rocket Companies Inc to buy, 11 to hold and 3 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Rocket Companies Inc stock has an average upside potential 2025 of . Most analysts recommend the Rocket Companies Inc stock at Hold.

Sales and Margin forecast 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Revenue Billion $ 3.61 4.50
6.10% 24.56%
EBITDA Margin 1.86% 19.48%
93.80% 945.44%
Net Margin -0.60% -0.10%
157.05% 83.37%

9 Analysts have issued a sales forecast Rocket Companies Inc 2024 . The average Rocket Companies Inc sales estimate is

$4.5b
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. This is
1.20% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$4.5b 2.02%
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, the lowest is
$4.4b 0.27%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $3.6b 6.10%
2024
$4.5b 24.56%
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2025
$6.4b 41.92%
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2026
$7.2b 13.06%
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6 Analysts have issued an Rocket Companies Inc EBITDA forecast 2024. The average Rocket Companies Inc EBITDA estimate is

$877m
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. This is
198.76% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$1.1b 279.41%
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, the lowest is
$793m 170.10%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $67.4m 94.17%
2024
$877m 1,202.36%
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2025
$1.5b 72.11%
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2026
$2.3b 54.11%
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EBITDA Margin

2023 1.86% 93.80%
2024
19.48% 945.44%
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2025
23.63% 21.30%
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2026
32.20% 36.27%
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6 Rocket Companies Inc Analysts have issued a net profit forecast 2024. The average Rocket Companies Inc net profit estimate is

$-4.6m
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. This is
78.79% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$0.0 100.00%
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, the lowest is
$-8.7m 59.98%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $-21.7m 153.57%
2024
$-4.6m 78.79%
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2025
$84.1m 1,923.21%
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2026
$117m 39.67%
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Net Margin

2023 -0.60% 157.05%
2024
-0.10% 83.37%
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2025
1.32% 1,420.00%
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2026
1.62% 22.73%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ -0.15 -0.03
153.57% 80.00%
P/E negative
EV/Sales 5.30

6 Analysts have issued a Rocket Companies Inc forecast for earnings per share. The average Rocket Companies Inc <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$-0.03
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. This is
80.00% higher
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$0.00 100.00%
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, the lowest is
$-0.06 60.00%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $-0.15 153.57%
2024
$-0.03 80.00%
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2025
$0.58 2,033.33%
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2026
$0.81 39.66%
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P/E ratio

Current -94.61 115.96%
2024
-457.83 383.91%
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2025
25.12 105.49%
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2026
17.99 28.38%
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Based on analysts' sales estimates for 2024, the Rocket Companies Inc stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 5.37 4.45%
2024
5.30 1.27%
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2025
3.74 29.54%
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2026
3.30 11.55%
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P/S ratio

Current 0.48 33.33%
2024
0.47 1.19%
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2025
0.33 29.54%
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2026
0.29 11.55%
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