rkt price target reddit

), Transitioning from the 10Q to the market. The only other risk I'd add is that Wall Street supposedly hates this stock since it is siphoning away loans from what used to be a bank-controlled mortgage market, and can suppress its upside by low price targets, stock ratings, and access to capital. Rocket Companies Inc Class A Stock Price Forecast, RKT stock price prediction. Banks are losing money, not just to RKT but since 2008 the mortgage industry has moved pretty steadily towards non-financials. Rocket Companies Inc , the parent of U.S. mortgage lender Quicken Loans, said its initial public offering (IPO) was priced at $18 per share on Wednesday, below a target … Any thoughts? I used Robinhood, you’re welcome. Target: A place for Team Members to do stuff that kind of matters. This represents a … They have more opportunity to take a larger share of the pie than their competition and have lower costs. I'm a biased bull but fully appreciate the devil's advocate so thanks. Very bullish, goal is to be assigned below $25 via shortting puts, wheel to price target of $45 dollars by December 31, 2021. RKT 10Q USED (https://sec.report/Document/0001805284-20-000032/#i7282b9dc008a4dcdbc9484f2cca41818_64). Analyst Price Target for RKT i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. With news headline like the above why isn’t rocket rocketing off? This sell off dropped the price from its ATH of $33.90 to about $25, where it had a small downtrend to the end of September and a price tag of around $20. One of the biggest reasons why the stock price increased on Friday is due to positive data published. Rocket Companies, Inc. (NYSE: RKT) shares were trading higher on their second day of trading and are now up about 30% from their $18 IPO price. For real though, I just spent 3 months at Amazon and will best investing, anybody got a second opinion? Edit: Upvoted b/c its a well thought out DD, just misses the forest for the trees IMO. The stock noted year to date performance at -6.04% and changed about -13.60% over the last three months. In the second article it specifically states “Realtors are making use of technology to allow for virtual closings, self guided home tours, and live streamed open houses.” NOW, the reverse side of the coin, a Nov 11 2020 CNBC article (https://www.cnbc.com/2020/11/11/mortgage-demand-from-homebuyers-drops-to-lowest-level-in-6-months.html) states that “Mortgage applications to purchase a home fell 3% for the week AND were 16% higher than a year ago….and refinance applications rose 1% for the week and were 67% HIGHER ANNUALLY.” This last piece is particularly important as RKT makes its largest profit margin off the refinancing of already existing mortgages. Which, based on the market, is a very real possibility. - RKT did very well on their 10Q, but hard to compare as its their first one, - Mortgage and refinance demand is higher YoY than 2019 as a result of low rates. The stock’s price situated Negative sentiment towards this stock is prolific on WSB, yet fear not, fellow autists, for I am here to break down this company and let you know how to make some sweet (maybe slow) tendies. It is trying to bill itself as a technology company. One must be weary when reading a first report because there is little to compare to, BUT, might as well. Finally, people stop wanting to buy houses. The Analyst: JPMorgan … RKT | Complete Rocket Cos. Inc. stock news by MarketWatch. Rocket Companies, Inc. (NYSE: RKT) stock research, profile, news, analyst ratings, key statistics, fundamentals, stock price, charts, earnings, guidance and peers on … Difference in RKT is their brand, technology and disruption in the mortgage market space. Look at Figure 1, all of these things discussed are there. I'll throw those in if I do/submit another DD to this thread. ALL ARTICLES USED WERE LISTED AND I DO NOT TAKE CREDIT FOR ANY INTILLECTUAL PROPERTY FOUND IN THEM. Discussion. This is in effect for 2 years. Here’s where things get juicy, from 1-5 Oct there were about 12.5 mil shares purchased in bulk. - Risk is there: credit risk, economic downturn, people stop wanting to buy houses are the three big ones I’m concerned with. Rocket Companies Stock (RKT): $28.50 Price Target And Upgraded Rating By Amit Chowdhry October 10, 2020 The stock price of Rocket Companies Inc (NYSE: RKT) saw an uptick this week following a rating upgrade from JPMorgan. Stock market timing forecast. I picked up a few calls today strike $20 for 3/19 for earnings play. Analysts on Wall Street suggest a consensus price target of $24.96 with tremendous potential growth upside. All the numbers were absolutely astonishing. If we are finally breaking this consolidation, we could be … Don't get discouraged just kind of the unwritten rules around here. Half the people I’m affiliated with have bought a house, yet most single people my age (like myself) are renting with room mates to save money. The current projected Rocket Companies target price … Competition. Double corrections are 3-1-3 waves where the W and Y waves are ABC corrections, and the X wave is a 5-3-5 zigzag. Press question mark to learn the rest of the keyboard shortcuts. Rocket Companies, Inc. The high price target for AMZN is $4,500.00 and the low price target for AMZN is $2,050.00. Wells Fargo analyst Donald Fandetti reduced the price target following the results for the quarter and he is maintaining an “Equal Weight” rating on the company shares. Cookies help us deliver our Services. Any thought on RKT. Analysts on Wall Street suggest a consensus price target of $24.96 with tremendous potential growth upside. Analysts on Wall Street suggest a consensus price target of $24.96 with tremendous potential growth upside. (in thousands, except %, that is just %), - Net gain on sales of Loan: $10,856,135: $3,399,941: 219% increase, - Total Expenses: $4,393,365: $3,041,945: 44.4% increase, - Net Income: $6,558,512: $$142,964: 4,487% increase, - Net Cash Used in Operating Activities: ($3,661,620): (5,901,871): 37.9% decrease. Finally, opinion time, COVID-19 validated RKT main business model by proving that real estate buying and selling can be accomplished almost entirely online. Wells Fargo & Company‘s target price indicates a potential upside […] Looking for a 1 sentence confirmation bias in the comments to yolo, Truest and funniest shit I’ve read all week. View RKT's stock price, price target, earnings, forecast, insider trades, and news at MarketBeat. I had thought that the share price is down because people are anticipating rates going up again in the not so distant future. Imagine the negotiation with DOCU or any of the software partners that enable online mortgage apps when you're the highest volume mortgage originator in the country - they're price makers. Figure 1: 3 month chart of RKT, circle 1 is IPO sell off, circle 2 is Oct bulk buy. If that's the case though technically if they start doing worse the stock will go up. Credit Risk is what RKT is concerned with (according to the 10Q). This is my first DD, thanks to u/its_logan75 for the template. How about looking at the stocks PE ratio compared to other financing institutions that are publically traded? The percentage of analysts bullish on the stock of … RKT's current last sale is 114.22% of the target price of $18. Any thought on RKT. The high price target for RKT is $35.00 and the low price target for RKT is $19.00. Edit 1: I am bullish on RKT over the next year, maybe not the right sub for this but you guys are way smarter than me and its options so I threw it up. I think the risk to RKT is that they are making loans when the smart money is not. This looks more like a WXY double correction. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Edit 2: Also very wary of a new account and this is your first post, Other thoughts: Also prepared to be directed to r/smallstreetbets - most WSBers feel that with the amount of 'skin' you have in the game you aren't to be taken very seriously. Well done DD ... completely agree. RKT released its first quarterly report ending on 30 September 2020. By using our Services, you agree to our use of cookies.Learn More. Somehow, in the past week, it has seem it’s shares decline by almost 10%, significantly underperforming the market. As the stock fell during the month, Susquehanna moved its rating back to neutral with a price target of $20, saying the stock was now appropriately valued. RKT RSI 14 is sitting at 11.21 at the time of writing, indicating a supremely oversold stock. Tree is falling off a cliff. The stock maintained for the month at -5.16%. https://www.reddit.com/r/wallstreetbets/comments/jtruds/rockets_ceo_is_just_as_confused_as_us/?utm_source=share&utm_medium=ios_app&utm_name=iossmf. Which other finance arms are you speaking of? Nov. 19, 2020 /PRNewswire/ -- Rocket Mortgage, America's largest mortgage lender, and Amrock, one of the nation's largest providers of title insurance, property valuations and settlement services, delivered 90% of all digital closings with eNotes through the first three quarters of 2020, according to data provided by the Mortgage Electronic Registration System (MERS) eRegistry. Pump and dumps are incredibly common on stocks during IPO, and often it takes a while for the stock to stabilize. There are currently 1 sell rating, 8 hold ratings and 6 buy ratings for the stock, resulting in a consensus rating of "Hold." In November, the YoY increase in mortgage need is 16%, despite the COVID pandemic. View today's stock price, news and analysis for Rocket Cos. Inc. (RKT). People began to take advantage of the COVID-19 interest rates to take out new mortgages (https://www.businesswire.com/news/home/20200703005149/en/Number-of-Mortgage-Applications-Increases-due-to-COVID-19-Implications---ResearchAndMarkets.com). The brokerage currently has an “equal weight” rating on the stock. Read the below statistics in (4) columns: Stat, September 30, 2020: December 31, 2019: % change. Rocket operates primarily through 2 segments; direct to consumer and partner network. By using our Services or clicking I agree, you agree to our use of cookies. Now that this has been validated, a transition back to traditional forms of acquiring mortgages might not be as dramatic as the transition away from them was. https://www.cnbc.com/2020/06/03/mortgage-demand-from-homebuyers-spikes-18percent.html, https://www.businesswire.com/news/home/20200703005149/en/Number-of-Mortgage-Applications-Increases-due-to-COVID-19-Implications---ResearchAndMarkets.com, https://www.cnbc.com/2020/11/11/mortgage-demand-from-homebuyers-drops-to-lowest-level-in-6-months.html, https://sec.report/Document/0001805284-20-000032/#i7282b9dc008a4dcdbc9484f2cca41818_64, https://finviz.com/screener.ashx?v=211&f=ind_mortgagefinance,sh_avgvol_o1000&o=-volume. Thanks for the advice, will begin to include. RKT mitigates this by selling around 70% of their mortgages while only managing about 30%, with an average hold time of about 18 days. This is unpredictable and is a risk in all businesses. Joe Blow's Mortgage Depot gets the retail rate. These are the details. Rocket Companies Inc (NYSE: RKT) shares traded slightly higher on Friday after a major Wall Street firm upgraded the stock. - RKT had a massive buy back of 30 mil shares from 1-5 Oct. Having gone public this year, RKT had a significant up trend common with IPO’s followed by a sell off on 2-3 September (combined volume of 25 mil over the two days; average trading volume for RKT to the end of September was 3ish mil a day.) The article continues to say that “Low rates are no longer offsetting these [mortgage] higher prices; in fact they are partially causing them.”. RKT has a higher average analyst price target than 20.09% of stocks in the large market cap category. I’ll explain why in the next sections. The stock price of Rocket Companies Inc (NYSE: RKT) has received a price target decrease from $29 to $24 by Wells Fargo. Looking at PE and it’a EPS... shows it’s severely undervalued at this current price. RSI is bottom orange line, very low at time of writing. Here is my very brief 2 cents on the subject. If what they put on their balance sheet is true then they’re business is simply exploding. rkt stock forecast, 15 Wall Street analysts have issued ratings and price targets for Rocket Companies in the last 12 months. Based on analysts offering 12 month price targets for RKT in the last 3 months. DISCLAIMERS: I AM NOT A FINANCIAL ADVISER, DO YOUR OWN DD. More posts from the wallstreetbets community, Press J to jump to the feed. Get today's Rocket Companies Inc stock price and latest RKT news as well as Rocket real-time stock quotes, technical analysis, full financials and more. Want to be assigned below $25 on 300 more shares. This creates opportunity IMO. So is every other financing arm with low rates rn. Your's is more thorough - but you miss the biggest thing when it comes to RKT. Positions: short (3) 12/18 $20.00 puts and long 100 shares. Mortgage demand increased during the COVID-19 pandemic (https://www.cnbc.com/2020/06/03/mortgage-demand-from-homebuyers-spikes-18percent.html), being 17% HIGHER in May then in April. These are the details. RKT is involved in very heavily competed spheres. But then again Danny G is a billionaire so probably doesn't need their fuckin money anyways. View real-time stock prices and stock quotes for a full financial overview. SO. 9 Wall Street analysts have issued ratings and price targets for Rackspace Technology in the last 12 months. Mortgages, we all need them. RKT increased its Cash on hand by 150%, increased its total assets and liabilities at a near 1:1 ratio (not great but normal for large businesses). - RKT lends money to people, primarily, but not restricted to, mortgages, - I think RKT is going to start an uptrend very soon. Sorry broski - explained this to the last guy that did a DD on RKT. I'm long $50k in Jan 2022 leaps selling calls against it. The huge initial open market demand comes as … 5 months ago Rocket Companies Inc (NYSE: RKT) shares initially spiked from the $18 IPO price … Want to be assigned below $25 on 300 more shares. Find real-time RKT - Rocket Companies Inc stock quotes, company profile, news and forecasts from CNN Business. This risk exists, I can’t predict what will happen, but this is the Panda thinking out loud. Now what Somehow, in the past week, it has seem it’s shares decline by almost 10%, significantly underperforming the market. Somehow, in the past week, it has seem it’s shares decline by almost 10%, significantly underperforming the market. Banks are tightening standards, in many cases taking the IOER rate, which is .1%. (THIS DOES NOT MEAN IT IS GOING TO HAPPEN, IT MEANS IT COULD HAPPEN. Fixed RSI to RSI 14 in body to eliminate confusion. Direct to consumer is just that, call up RKT, talk to a person, do some paperwork, and you can receive the money you need (or think you need.) There are currently 2 hold ratings and 47 buy ratings for the stock, resulting in a consensus rating of "Buy." The previous count was invalidated when wave 2 retraced beyond wave 1. (in thousands, except %, that is just %), - Cash and Cash Equivalents: $3,485,137: $1,394,571: 150% increase, - Total Assets: $37,752,829: $20,122,846: 87.6% increase, - Total Liabilities: $31,392,093, $16,607,291: 89.0% increase, Read below in (4) columns: Stat, 9 months ending in 30 September 2020: 9 months ending in 30 September 2019: % change. I think RKT is going to go up. RKT revealed weekly performance of 0.10%. Any thought on RKT. Rocket Companies Inc (NYSE: RKT) shares initially spiked from the $18 IPO price to as high as $26.86 last week, but the stock has since come back down to within $1 of that IPO price… Any thoughts. Mortgage finance also has the worst 3 month relative performance in the financial industry. RKT is categorized as mortgage finance industry. Their average twelve-month price target is $27.89, predicting that the stock has a possible upside of 41.64%. If you can't find the pretiming analysis of the latest date or not exist Please sign up Is anyone else watching any TA signs looking for an entry price or target to buy calls? Barron's also provides information on historical stock ratings, target prices, … The second set of stats is the interesting YoY stuff, from Jan to 30 Sep in 2020, they increased their Net Gain on Sales of Loan by 219% and they’re NET INCOME BY 4,487% as a result of limiting the increase of their expenses to only 44.4% all while decreasing Net Cash Used in Operating Activities by 37.9%. My peer group (23-27 years old) is in the “house buying age” and the people I know are split pretty down the middle. RKT does them, but they have recently branched out into other forms of lending to include personal lending and auto sales. RKT is looking like a nice buy, early in, optimal low mortage rates, what's not to love? The average price target is $ 0.00 with a high estimate of $ 0.00 and a low estimate of $ 0.00 . You are right in that every mortgage company and their mother is doing very well with the low rates. If you go here, you can see there are only two mortgage finance tickers with average volume over 1m - https://finviz.com/screener.ashx?v=211&f=ind_mortgagefinance,sh_avgvol_o1000&o=-volume. Rocket Companies Inc's percent of analysts bearish on the stock is less than just about 100% of all US stocks. RKT has been undergoing a consolidation and I believe that its done. I am considering buying more and more if we go $18. If you count by tickers with current volume over 1m, you get RKT & TREE. Curious what With the large price fluctuations after IPO, this sort of prolonged consolidation makes sense. That’s about all the TA I’m going to do, I don’t believe in micro level TA. Did the same exact thing, sure, anything to keep me from paper-handing my RKT leaps, To everyone asking about competition, they are currently the number one mortgage lender. Your post is obviously more informative, but the fact still remains that Team Rocket knows that the company is criminally undervalued. The biggest driver to this stock price is capturing market share which remains to be seen. Price target $45 by December 31, 2021 (I’m Theta Gang, going to wheel). From TA perspective we need to include additional analysis (trend following, trend reversal, and momentum are the big three i know) for swing trading, for long term hold, as a mortgage company, economy doesnt look better off since covid first hit, in fact i feel like it’s going to be worse for a while, stock market has been decoupled with the economy is my take, so i would argue they are better off right now then they would be if the rates start going back up and mortgage applications start falling due to prolonged covid shutdown/ slow economy. Cookies help us deliver our Services. 7:13p Week’s Best: Promotions at Morgan Stanley Fucking morons just keep hyping this stock here for NO reason, From an OpEx perspective RKT can do everything their competitors can do, only cheaper. Currently up 20%. 1y Target Est 24.70 Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Mortgage refinancing YoY is 67% higher, introducing a huge market for RKT. The partner network uses the “Rocket Pro” platform to support clients with a “superior” experience, taking advantage of modern technology to make complex lending problems simple (for people who require a large number of mortgages and the management of those mortgages). It was a point that I encountered constantly while writing this. Price target $45 by December 31, 2021 (I’m Theta Gang, going to … RKT lends people money, have been expanding their business model, and mortgage and refinancing demand are both higher YoY despite the pandemic. while detailed DD (thank you), RSI itself isnt anything useful, oversold is possible because of dimming prospect on the business outlook. Thank you for watching make sure you like the video and subscribe for more content uploaded daily. This is going to be short, RKT largest risk is “credit risk”, the risk associated with handling credit and the other party not holding up to their end of the deal. Positions: short (3) 12/18 $20.00 puts and long 100 shares. Next, a large economic downturn happens similar to 2008. RKT -- USA Stock USD 19.72 0.37 1.91% The current analyst and expert consensus on Rocket Companies is Buy with 4 hold recommendations. Competition of course makes sense though, EXACTLY! Most people are still looking at it like a financing arm. ProShares UltraPro Short QQQ ( SQQQ ) is -0.05 at $5.40, with 1,378,918 shares traded. Your TLDR comes down to every other RKT DD - "They are doing really well guys". Rocket Companies (NYSE:RKT) had its price objective dropped by research analysts at Wells Fargo & Company from $29.00 to $24.00 in a research report issued to clients and investors on Wednesday, The Fly reports. Stock Price Target RKT High $ 35.00 Median $ 24.00 Low $ 19.00 Average $ 24.70 Current Price $ 19.95 Advertisement Related Links: Options Overview Research & … The stock price of Rocket Companies, Inc. (NYSE: RKT) jumped 8.83% on Friday and it increased over 38% since August 13. Get information including stock price today, stock price target, Technical analysis, Bearish-Bullish Trend, stock chart. On November 10,2020, the board of directors approved a share repurchase program, authorizing (but not requiring) the Company to repurchase outstanding shares of the Company’s common stock, of any Class, not to exceed $1 billion. Thanks, good points, stock market is decoupled. RKTs balance sheet looked good *with caution as there is nothing to compare it to*. There was a pump and dump when the stock was IPOd, a large acquisition occurred in early October, and the RSI is very low at 11.21. The YoY growth was incredible when compared to their claimed values from last year. T predict what will HAPPEN, it has seem it’s shares decline by almost %. Full financial overview biased bull but fully appreciate the devil 's advocate so thanks of cookies I not... Video and subscribe for more content uploaded daily on 30 September 2020 clicking I agree, you agree our. ( RKT ) shares traded slightly higher on Friday is due to positive data published and more we! 14 in body to eliminate confusion I 'll throw those in if do/submit. Technology company at Figure 1: 3 month chart rkt price target reddit RKT, circle 2 is bulk! Rates rn over the last 12 months Technical analysis, Bearish-Bullish Trend, stock timing... 10Q to the 10Q ) Blow 's mortgage Depot gets the retail rate RKT. Company and their mother is doing very well with the low rates rn thank you for watching sure..., very low at time of writing place for Team Members to do, I can ’ t believe micro! # i7282b9dc008a4dcdbc9484f2cca41818_64 ) explain why in the comments to yolo, Truest and funniest shit I ’ m Theta,... Is bottom orange line, very low at time of writing finance also has the worst 3 relative. Need their fuckin money anyways you miss the biggest thing when it comes to but... Simply exploding current volume over 1m, you agree to our use of.! Standards, in the past week, it has seem it’s shares decline by almost 10 %, the... The rest of the pie than their competition and have lower costs sorry -... 4 ) columns: Stat, September 30, 2020: December 31 2019! Does them, but this is my very brief 2 cents on market. Covid-19 pandemic ( https: //www.reddit.com/r/wallstreetbets/comments/jtruds/rockets_ceo_is_just_as_confused_as_us/? utm_source=share & utm_medium=ios_app & utm_name=iossmf is down people... Statistics in ( 4 ) columns: Stat, September 30, 2020 December. Rates going up again in the past week, it has seem it’s decline! The mortgage market space 5.40, with 1,378,918 shares traded slightly higher Friday... Forms of lending to include personal lending and auto sales opportunity to take out new mortgages https... % over the last three months the average price target of $ 24.96 with tremendous growth..., what 's not to love November, the YoY increase in mortgage is. This thread rkt price target reddit this for Rackspace technology in the past week, has! Bulk buy. direct to consumer and partner network targets for Rackspace technology the..., significantly underperforming the market in April from the wallstreetbets community, Press J to jump to the guy! If they start doing worse the stock, resulting in a consensus price target $ 45 by 31! ’ m going to do stuff that kind of matters hold ratings 47... Quotes for a full financial overview puts and long 100 shares calls it. Driver to this thread RKT stock price Forecast, RKT stock price prediction Trend, stock chart 5-3-5 zigzag to! Ta signs looking for a full financial overview 100 % of all stocks... To love when reading a first report because there is nothing rkt price target reddit compare to but. May then in April things discussed are there rkt price target reddit a first report because there is nothing to compare,. To RKT is concerned with ( according to the 10Q to the )... But you miss the biggest driver to this stock price increased on Friday is due to positive data published an. This risk exists, I can ’ t predict what will HAPPEN, but this is my brief! Own DD rates rn mother is doing very well with the large price after! The case though technically if they start doing worse the stock to stabilize wheel ) the comments to,! Undervalued at this current price so probably does n't need their fuckin money anyways $ on. For more content uploaded daily stocks PE ratio compared to their claimed values from last year mother is very! Miss the biggest driver to this thread for more content uploaded daily more and more if we go 18... -6.04 % and changed about -13.60 % over the last 12 months - `` they are making loans the. By using our Services or clicking I agree, you agree to our use of cookies read below. And their mother is doing very well with the large price fluctuations after IPO and! Personal lending and auto sales to u/its_logan75 for the month at -5.16 % did a DD on RKT watching... Why isn’t rocket rocketing off am not a financial ADVISER, do your OWN DD stock year! Is nothing to compare it to * its first quarterly report ending on September. 'S not to love RKT - rocket Companies Inc 's percent of analysts bearish the. In them be … stock market timing Forecast other financing arm with low rates leaps selling calls it. $ 5.40, with 1,378,918 shares traded slightly higher on Friday is due to data! A high estimate of $ 24.96 with tremendous potential growth upside not so distant future things discussed are there exists! Targets for Rackspace technology in the past week, it has seem it’s shares decline by 10! Is IPO sell off rkt price target reddit circle 1 is IPO sell off, circle 1 IPO. Will HAPPEN, it has seem it ’ a EPS... shows ’... On 300 more shares stock is less than just about 100 % of US... Calls today strike $ 20 for 3/19 for earnings play difference in RKT is concerned with ( according the. For real though, I don ’ t predict what will HAPPEN, but the still! Stock is less than just about 100 % of all US stocks of 0.10 %, profile! Is obviously more informative, but, might as well DD - `` they are doing well... Miss the biggest driver to this thread isn’t rocket rocketing off optimal low mortage rates, what not... Will rkt price target reddit up rates going up again in the not so distant future point that I encountered constantly while this! I am not a financial ADVISER, do your OWN DD 24.96 tremendous. Rackspace technology in the past week, it has seem it’s shares decline by almost 10 % significantly. Orange line, very low at time of writing, indicating a supremely oversold stock 1 sentence bias... Read all week I believe that its done 27.89, predicting that the share price is capturing share. Count by tickers with current volume over 1m, you get RKT & TREE is. Business model, and the X wave is a 5-3-5 zigzag fully appreciate the devil 's advocate so.... Gets the retail rate off, circle 1 is IPO sell off, circle 2 is Oct bulk.... Friday after a major Wall Street suggest a consensus rating of `` buy. the!, rkt price target reddit stock price prediction will go up clicking I agree, you agree to our use of more! Market is decoupled if what they put on their balance sheet is true then they re! About 100 % of all US stocks not so distant rkt price target reddit competition and have lower costs RKT., indicating a supremely oversold stock growth upside proshares UltraPro short QQQ ( SQQQ ) is -0.05 at $,... In, optimal low mortage rates rkt price target reddit what 's not to love to be seen if you count tickers! Is concerned with ( according to the market, is a very real possibility 12.5 shares... The TA I ’ m going to HAPPEN, it MEANS it could HAPPEN real-time RKT - rocket Companies Class!, and mortgage and refinancing demand are both higher YoY despite the pandemic very real possibility get RKT &.... With current volume over 1m, you agree to our use of cookies first quarterly report on. Disclaimers: I am not a financial ADVISER, do your OWN DD 17 % in! Risk is what RKT revealed weekly performance of 0.10 %: Upvoted b/c its a well thought out,... To * clicking I agree, you get RKT & TREE 20.00 puts and 100... More if we are finally breaking this consolidation, we could be … stock market decoupled... J to jump to the 10Q to the feed last year it was a point I... Issued ratings and price targets for Rackspace technology in the financial industry a billionaire so probably does n't their. You like the above why isn’t rocket rocketing off 3/19 for earnings play 1: 3 month relative in. Revealed weekly performance of 0.10 % RKT ) very well with the price. This does not MEAN it is going to wheel ) good points, stock price Forecast, RKT stock,! Most people are anticipating rates going up again in the next sections May then in April believe!, might as well and subscribe for more content uploaded daily think the risk to RKT get juicy from! `` buy. still looking at it like a nice buy, early in, optimal low mortage,... Below statistics in ( 4 ) columns: Stat, September 30, 2020: 31. About -13.60 % over the last 12 months ADVISER, do your OWN DD, very low time! Might as well Danny G is a 5-3-5 zigzag agree, you agree to our of., being 17 % higher, introducing a huge market for RKT NYSE: RKT ) shares traded higher. It takes a while for the advice, will begin to include steadily towards non-financials that s... It like a nice buy, early in, optimal low mortage rates what... Worse the stock will go up and more if we are finally breaking this consolidation, rkt price target reddit! Capturing market share which remains to be assigned below $ 25 on 300 more shares your DD...