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NASDAQ: RCKT
Rocket Pharmaceuticals Inc Stock Forecast, Predictions & Price Target

Analyst price target for RCKT

Based on 6 analysts offering 12 month price targets for Rocket Pharmaceuticals Inc.
Min Forecast
$39.00+65.04%
Avg Forecast
$54.33+129.93%
Max Forecast
$65.00+175.07%

Should I buy or sell RCKT stock?

Based on 6 analysts offering ratings for Rocket Pharmaceuticals Inc.
Strong Buy
Strong Buy
4 analysts 66.67%
Buy
1 analysts 16.67%
Hold
1 analysts 16.67%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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RCKT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-10
lockedlocked$00.00+00.00%2024-04-02
lockedlocked$00.00+00.00%2024-03-01
lockedlocked$00.00+00.00%2024-02-27
lockedlocked$00.00+00.00%2024-02-27
Cantor Fitzgerald
Top 16%
85
Strong BuyReiterates$65.00+175.07%2024-01-31

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Forecast return on equity

Is RCKT forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
35.42%

Forecast return on assets

Is RCKT forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

RCKT revenue forecast

What is RCKT's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$26.9M
Avg 2 year Forecast
$184.3M
Avg 3 year Forecast
$258.6M

RCKT vs Biotech Stocks

TickerPricePrice TargetUp/downsideConsensus
RCKT$23.63$54.33+129.93%Strong Buy
KYMR$35.21$41.67+18.34%Buy
TGTX$13.98$30.20+116.02%Strong Buy
DNLI$15.56$44.67+187.06%Strong Buy
VERA$39.95$32.29-19.18%Strong Buy

Rocket Pharmaceuticals Stock Forecast FAQ

Is Rocket Pharmaceuticals Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 6 Wall Street analysts covering (NASDAQ: RCKT) stock is to Strong Buy RCKT stock.

Out of 6 analysts, 4 (66.67%) are recommending RCKT as a Strong Buy, 1 (16.67%) are recommending RCKT as a Buy, 1 (16.67%) are recommending RCKT as a Hold, 0 (0%) are recommending RCKT as a Sell, and 0 (0%) are recommending RCKT as a Strong Sell.

If you're new to stock investing, here's how to buy Rocket Pharmaceuticals stock.

What is RCKT's revenue growth forecast for 2024-2026?

(NASDAQ: RCKT) Rocket Pharmaceuticals's forecast annual revenue growth rate of N/A is not forecast to beat the US Biotechnology industry's average forecast revenue growth rate of 37.5%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.08%.

Rocket Pharmaceuticals's revenue in 2024 is $0.On average, 5 Wall Street analysts forecast RCKT's revenue for 2024 to be $2,437,098,390, with the lowest RCKT revenue forecast at $72,403,398, and the highest RCKT revenue forecast at $9,399,771,197. On average, 5 Wall Street analysts forecast RCKT's revenue for 2025 to be $16,683,281,564, with the lowest RCKT revenue forecast at $2,090,648,129, and the highest RCKT revenue forecast at $29,486,283,998.

In 2026, RCKT is forecast to generate $23,406,208,618 in revenue, with the lowest revenue forecast at $23,406,208,618 and the highest revenue forecast at $23,406,208,618.

What is RCKT's forecast return on assets (ROA) for 2024-2027?

(NASDAQ: RCKT) forecast ROA is N/A, which is lower than the forecast US Biotechnology industry average of N/A.

What is RCKT's Price Target?

According to 6 Wall Street analysts that have issued a 1 year RCKT price target, the average RCKT price target is $54.33, with the highest RCKT stock price forecast at $65.00 and the lowest RCKT stock price forecast at $39.00.

On average, Wall Street analysts predict that Rocket Pharmaceuticals's share price could reach $54.33 by Apr 10, 2025. The average Rocket Pharmaceuticals stock price prediction forecasts a potential upside of 129.93% from the current RCKT share price of $23.63.

What is RCKT's forecast return on equity (ROE) for 2024-2027?

(NASDAQ: RCKT) forecast ROE is N/A, which is considered weak.
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