▲ +28.58% Upside Potential
This price target is based on 14 analysts offering 12 month price targets for Rocket Companies in the last 3 months. The average price target is $26.12, with a high forecast of $35.00 and a low forecast of $19.00. The average price target represents a 28.58% upside from the last price of $20.31.
The current consensus among 14 polled investment analysts is to hold stock in Rocket Companies.
Rocket Companies, Inc. engages in the mortgage business in the United States. It is involved in originating, processing, underwriting, and servicing predominantly government sponsored enterprises-conforming mortgage loans, as well as Fair Housing Act, U.S. Department of Agriculture, and U.S. Department of Veteran's Affairs mortgage loans. The company offers its mortgage loans in 50 states through the internet, national television, and other marketing channels. It also offers title insurance, property valuation, and settlement services; online marketing and lead generation services; online-based personal loans; and car sales support services to car rental and online car purchasing platforms. The company also operates a digital platform for buying and selling homes; a sales and support platform that offers in inbound and outbound contact center services; and a loan origination platform. Rocket Companies, Inc. was founded in in 1985 and is headquartered in Detroit, Michigan. Rocket Companies, Inc. is a subsidiary of Rock Holdings, Inc.