Goldman Sachs Raises Price Target for Rocket Companies to $16.00

Goldman Sachs analyst Ryan Nash has raised the price target for Rocket Companies (RKT) from $14.00 to $16.00, a 14.29% increase. Despite the increase, the analyst maintains a "Neutral" rating for RKT. The average target price for RKT is $14.15, with a high estimate of $17.00 and a low estimate of $11.50. The average target implies a 3.38% downside from the current price of $14.65.

Goldman Sachs analyst Ryan Nash has recently increased the price target for Rocket Companies (RKT, Financial) from $14.00 to $16.00 USD, representing a 14.29% increase. This adjustment reflects a more optimistic outlook on the company's future performance. Despite this positive adjustment, the analyst has maintained a "Neutral" rating for RKT, indicating potential value but aligning with current market conditions [1].

The average one-year price target for RKT, as per 10 analysts, is $14.15, with estimates ranging from $11.50 to $17.00. This average target implies a 3.38% downside from the current price of $14.65. Additionally, the consensus brokerage recommendation from 11 firms is currently "Hold," suggesting a cautious approach to the stock [1].

Goldman Sachs is not the only firm to have adjusted its price target for RKT. UBS Group, Royal Bank of Canada, Deutsche Bank Aktiengesellschaft, and Barclays have also made recent changes. UBS Group increased its target from $13.00 to $14.00, while Royal Bank of Canada set a target of $18.00. Deutsche Bank Aktiengesellschaft upgraded its rating from "hold" to "buy" with a target of $16.00. Barclays raised its target from $10.00 to $14.00, and Keefe, Bruyette & Woods reduced its target from $15.00 to $13.00 [2].

Institutional investors and hedge funds have also shown interest in RKT. Mirae Asset Global Investments Co. Ltd. purchased 21,529 shares in the first quarter, and several other hedge funds have increased their stakes in the company [3].

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, Amrock, Rocket Homes, and Rocket Loans [2].

The company's quarterly earnings data, released on May 8th, showed earnings per share of $0.04, with revenue of $1.04 billion. The company had a net margin of 0.06% and a return on equity of 3.61%. Analysts anticipate that RKT will post 0.15 earnings per share for the current year [2].

References:
[1] https://www.gurufocus.com/news/2958364/rkt-stock-goldman-sachs-raises-price-target-for-rocket-companies--rkt-stock-news
[2] https://www.marketbeat.com/instant-alerts/rocket-companies-nyserkt-stock-price-expected-to-rise-the-goldman-sachs-group-analyst-says-2025-07-02/
[3] https://www.marketbeat.com/instant-alerts/filing-mirae-asset-global-investments-co-ltd-purchases-shares-of-21529-rocket-companies-inc-nyserkt-2025-07-07/