50.0% Below Target

The consensus Wall Street price target for RKT is $21.63, representing 50.0% upside from the current price of $14.42. With 25 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.

RKT has a consensus rating of "Hold" based on 25 Wall Street analysts. The rating breakdown is mixed, with 16 Hold ratings making up the largest segment. The consensus 12-month price target of $21.63 implies 50.0% upside from current levels.

With a forward P/E of 19.4654x, RKT trades at a relatively low valuation. The consensus target of $21.63 implies 50.0% appreciation, suggesting meaningful undervaluation.

The most bullish Wall Street analyst has a price target of $25 for RKT, while the most conservative target is $17. The consensus of $21.63 represents the median expectation. Our quantitative valuation model projects a bull case target of $16 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

RKT is heavily covered by Wall Street, with 25 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 6 have Buy ratings, 16 recommend Hold, and 3 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

The 12-month RKT stock forecast based on 25 Wall Street analysts shows a consensus price target of $21.63, with estimates ranging from $17 (bear case) to $25 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $13, with bear/bull scenarios of $8/$16.

Our quantitative valuation model calculates RKT's fair value at $13 (base case), with a bear case of $8 and bull case of $16. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 54/100.

RKT trades at a forward P/E ratio of 19.5x based on next-twelve-months earnings estimates. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Wall Street analysts are very optimistic on RKT, with a "Hold" consensus rating and $21.63 price target (50.0% upside). 6 of 25 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

RKT analyst price targets range from $17 to $25, a 37% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $21.63 consensus represents the middle ground. Our model's $8-$16 range provides an independent fundamental perspective.