---
title: "Weekly Recap | Rocket +2.11%, consensus target above spot"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/298101707.md"
description: "Rocket (RKT.US) gained 2.11% this week to close at $14.06, outperforming the S&P 500’s 0.09% rise by roughly 2.02 percentage points. The stock opened near $13.50 on Monday, dipped to a weekly low of $12.95 on Tuesday, rebounded on Wednesday, and spiked to $14.35 on Thursday before easing to $14.06 on Friday. The pattern was a dip-and-recover move with a sharp Thursday intraday high that faded into the close."
datetime: "2026-09-05T07:54:28.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/298101707.md)
  - [en](https://longbridge.com/en/news/298101707.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/298101707.md)
generator: "portal-rs"
---

# Weekly Recap | Rocket +2.11%, consensus target above spot

## The Week

Rocket (RKT.US) gained 2.11% this week to close at $14.06, outperforming the S&P 500’s 0.09% rise by roughly 2.02 percentage points. The stock opened near $13.50 on Monday, dipped to a weekly low of $12.95 on Tuesday, rebounded on Wednesday, and spiked to $14.35 on Thursday before easing to $14.06 on Friday. The pattern was a dip-and-recover move with a sharp Thursday intraday high that faded into the close.\\n\\n## Key Events\\n\\nThe most direct company move came on Monday, when Rocket named Alessio Sanfilippo as chief executive of its Redfin unit. Later in the week, a Redfin report showed San Francisco’s housing market running hot while Seattle stayed weak, pointing to a clear regional split across Rocket’s brands. CFO Brian Brown also spoke at the Barclays Global Financial Services Conference, drawing attention to near-term financial and business commentary. Options activity picked up in the second half of the week, with RKT gaining 4% on Wednesday and Thursday, while some call options jumped 200% and 366% in a single session.\\n\\n## Analyst Ratings\\n\\nSeventeen institutions cover the stock: 6 rate it buy, 3 rate it outperform, and 8 rate it hold, with no underperform or sell ratings. The consensus rating is buy, and the consensus target price is $17.70, about 25.89% above the latest close. Targets range from $14.00 to $21.00, a fairly wide spread. Among 23 companies in commercial and residential mortgage finance, Rocket ranks first in industry rating.\\n\\n## The Week Ahead\\n\\nTuesday brings the US NFIB small business optimism index, with a prior reading of 99.8. Thursday is heavier: initial jobless claims are forecast at 205, final demand PPI is expected to rise 0.4% month on month, and existing home sales are forecast at an annualised 3.99 million, alongside a 10-year Treasury auction. For a mortgage-finance name, the existing home sales and Treasury yield data are the most direct reads on the operating environment.\\n\\n## In Short\\n\\nThe stock ended the week up 2.11%, with average daily volume of 24.9 million shares running about 10.52% below its median. The institutional picture favours the upside, with a buy consensus and a target about 25.89% above spot, but the latest after-hours quote slipped to $13.968 and large-lot money turned net seller on the day. Valuation sits at roughly 84.53x P/E and 1.69x P/B. Ahead, the focus is on how Redfin’s new leadership takes shape and how existing home sales and Treasury yields shift the mortgage backdrop.\\n\\n*This article is generated by LongbridgeAI from market data, for information only and not investment advice.*

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**