Rocket Companies (RKT) stock has gained over 40% so far in 2025. The company’s efforts to expand into new markets, such as personal loans and financial advisory services, to diversify its revenue streams are encouraging. Also, RKT continues to use its AI-driven platform to improve operational efficiency and expand its market share. Despite the share price gain, technical indicators suggest that Rocket Companies stock is a Buy, implying further upside from current levels.
Rocket Companies is a fintech company that provides mortgage lending, real estate services, and financial technology, best known for Rocket Mortgage.
Analyzing Rocket Companies Stock’s Technical Indicators
According to TipRanks’ easy-to-understand technical analysis tool, Rocket Companiesstock is currently on an upward trend. The stock’s 50-day Exponential Moving Average (EMA) is 13.17, while its price is $15.77, implying a bullish signal. Further, its shorter duration EMA (20 days) also signals an uptrend.
Moreover, the Rate of Change (ROC) is a momentum-based technical indicator. It measures the percentage change in a stock’s price between the current price and the price from a specific number of periods ago. Typically, a ROC above zero confirms an uptrend. RKT stock currently has an ROC of 20.38, which signals a Buy.
Is RKT Stock a Good Buy?
Turning to Wall Street, RKT stock has a Hold consensus rating based on 10 Holds and three Sells assigned in the last three months. At $13.46, the average Rocket Companies stock price target implies 14.65% downside potential.
