This blog post will analyze Rocket Companies’ stock price forecast for 2023 to 2060 based on technical and fundamental analysis of Rocket Companies’ stock price history. Let us discuss the future price forecast of RKT stock and its performance analysis for the coming years.
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Financial Overview of RKT Store
| parameters name | value/price |
|---|---|
| current stock price | ,7.95 |
| Rocket Company’s ticker symbol | rkt |
| market cap | $1.01B |
| enterprise value | No |
| Price/Sales (TTM) | 4.39 |
| enterprise value/revenue | N/A |
| Price/Book (MRQ) | 1.70 |
| Enterprise Value/EBITDA | N/A |
| 52 weeks low/high | $5.97/$11.94 |
| 50/200-day moving average | $9.96/$9.04 |
| 52-week change | 17.19% |
| official website | Rocket Companies, Inc. |
Rocket Companies Stock Price Prediction 2023 to 2060
| RKT stock price prediction year | minimum stock price | maximum stock price |
|---|---|---|
| 2023 | $9.25 | $11.71 |
| 2024 | $10.81 | $15.26 |
| 2025 | $16.25 | $19.96 |
| 2026 | $18.82 | $26.40 |
| 2027 | $28.10 | $31.05 |
| 2028 | $34.93 | $40.51 |
| 2029 | $37.08 | $48.80 |
| 2030 | $44.75 | $59.22 |
| 2035 | $75.56 | $87.43 |
| 2040 | $89.66 | $109.57 |
| 2045 | $113.87 | $132.09 |
| 2050 | $140.00 | $165.75 |
| 2055 | $162.53 | $198.66 |
| 2060 | $241.84 | $256.28 |
Rocket Companies Stock Price Prediction 2024
Currently, RKT stock is trading at a price of around $10, which has seen a steady decline from its IPO price of $25.
As experts have speculated, this decline could be due to the company’s revenue and net profit as well as market sentiment.
According to technical analysis, RKT stock will face huge difficulties in reaching its highest estimated price of $11.71 this year.
But if RKT’s same performance continues for a few more months, its stock will touch the minimum estimated price of $9.25 by the end of 2023.
| rkt stock price prediction year | minimum stock price | maximum stock price |
|---|---|---|
| 2023 | $9.25 | $11.71 |
Rocket Companies Stock Price Prediction 2024
| rkt stock price prediction year | minimum stock price | maximum stock price |
|---|---|---|
| 2024 | $10.81 | $15.26 |
Rocket Companies Stock Price Prediction 2025
According to our study, 2025 could be a good year for Rocket Companies’ stock performance, as it is led by new partnerships with essential companies.
According to the analysis of several Wall Street stock analysts, RKT stock will face an uptrend in 2025 and may reach a maximum target price of $19.96 by the end of 2025, while reaching a minimum price of $16.25.
| rkt stock price prediction year | minimum stock price | maximum stock price |
|---|---|---|
| 2025 | $16.25 | $19.96 |
Rocket Companies Stock Price Prediction 2030
Based on the current fintech industry growth, fintech company revenues can be expected to boom by 2030.
As the fintech segment grows worldwide, Rocket Companies Inc. will gain the first-mover advantage in the long term.
If Rocket Inc. management shows high interest in this opportunity, RKT stock could see the expected rise.
According to our analysis, by the end of 2030, the RKT stock price could see a new all-time high, touching the highest estimated price of $59.22 as well as the lowest estimated price of $44.75.
| rkt stock price prediction year | minimum stock price | maximum stock price |
|---|---|---|
| 2030 | $44.75 | $59.22 |
Rocket Companies Stock Price Prediction 2040
Almost all stock experts have suggested holding RKT stock for the long term, and none have advised buying the stock at the moment.
But when the fintech industry becomes a necessity for almost all citizens, then this stock will show its growing potential.
According to our analysis, RKT stock could attract investors’ attention, which would boost its price in 2040.
According to stock analysts, RKT stock will fluctuate between $89.66 and $109.57 in 2040, with some unnecessary fluctuations due to market fluctuations.
| rkt stock price prediction year | minimum stock price | maximum stock price |
|---|---|---|
| 2040 | $89.66 | $109.57 |
RKT stock price prediction 2050
According to our analysis, RKT stock price can reach a maximum estimated price of $165.75 in 2050 with a minimum estimated price of $140.00.
| rkt stock price prediction year | minimum stock price | maximum stock price |
|---|---|---|
| 2050 | $140.00 | $165.75 |
RKT stock price prediction 2060
According to our analysis, during 2060, RKT stock will range between $256.28 in an upward direction and $241.84 in a downward direction.
If the company survives in the market till 2060, its shares will make its investors rich.
Its stock price is moving upwards on the chart in the initial months of this year, but it may face some decline in the middle of the year.
Despite all these ups and downs, RKT stock may regain its value by the end of 2060.
| RKT stock price prediction year | minimum stock price | maximum stock price |
|---|---|---|
| 2060 | $241.84 | $256.28 |
FAQ’s
Is RKT Stock a Buy or a Hold?
Most stock experts recommend holding RKT stock to gain significant ROI.
Can RKT Stock Price Reach $100?
Yes, but it will take some time. This target price can be achieved by RKT stock by 2040.
What is the RKT stock price forecast after five years?
Five years later, in 2028, Rocket Companies’ share price could fluctuate between $34.93 to $40.51.
What is the Rocket stock price prediction for 2029?
According to several expert analysts on Wall Street, RKT stock will reach a maximum estimated price of $48.80 and a minimum estimated price of $37.08 by the end of 2029.
last words
We hope all your doubts will be cleared after reading this article on “Rocket Companies Stock Price Forecast from 2023 to 2060”.
The company was founded in 1985, but its stock currently trades at around $10, indicating slow growth.
However according to our study of the company’s fundamentals, there is considerable growth potential due to its operational expansion.
After the boom in real estate, there is every possibility that the attraction of investors toward KRT stock will increase.
Do write your opinion about this RKT Stock Price Prediction blog post via the comment section.
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