Rogers (NYSE:ROG) Issues FY 2030 Earnings Guidance

Rogers (NYSE:ROG) updated its FY 2030 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 14.000-14.000 for the period. The company issued revenue guidance of $1.5 billion-$1.5 billion. Rogers also updated its FY 2028 guidance to 5.500-6.500 EPS.

Rogers Trading Up 11.1%

Shares of ROG opened at $153.47 on Thursday. The stock has a market cap of $2.74 billion, a P/E ratio of 87.69 and a beta of 0.50. Rogers has a 1 year low of $75.14 and a 1 year high of $169.00. The stock’s 50-day moving average price is $131.15 and its two-hundred day moving average price is $132.23.

Rogers (NYSE:ROG) last announced its quarterly earnings results on Tuesday, July 28th. The electronics maker reported $0.92 earnings per share for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.07). The firm had revenue of $216.80 million during the quarter, compared to analyst estimates of $215.00 million. Rogers had a net margin of 3.75% and a return on equity of 5.17%. Rogers has set its Q3 2026 guidance at 1.100-1.300 EPS. As a group, equities analysts forecast that Rogers will post 3.83 EPS for the current year.

Analysts Set New Price Targets

Several brokerages have issued reports on ROG. Weiss Ratings upgraded Rogers from a “sell (d)” rating to a “hold (c)” rating in a report on Wednesday, August 12th. Zacks Research lowered shares of Rogers from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 23rd. B. Riley Financial upped their target price on shares of Rogers to $200.00 and gave the stock a “buy” rating in a research note on Monday, June 15th. Finally, Wall Street Zen downgraded Rogers from a “buy” rating to a “hold” rating in a research note on Monday, August 31st. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $200.00.

Trending Headlines about Rogers

Here are the key news stories impacting Rogers this week:

• Positive Sentiment: Long-term earnings targets imply substantial growth. Rogers issued 2028 adjusted EPS guidance of $5.50–$6.50 and a 2030 EPS target of $14.00. These figures are well above the current-year analyst consensus of approximately $3.83 per share, signaling management’s expectation for accelerating growth and profitability. Rogers Corporation Provides 2030 Financial Targets at 2026 Investor Day
• Positive Sentiment: Management outlined a higher-growth strategy. At the Investor Day, Rogers said it plans to accelerate revenue growth, expand margins and increase earnings through 2030. The strategy was presented by CEO Ali El-Haj, CFO Laura Russell and other members of the leadership team. Rogers Corporation Analyst/Investor Day Transcript
• Positive Sentiment: The outlook represents a potentially meaningful earnings reset. The 2030 target of $14.00 EPS suggests a much stronger profit profile than Rogers’ recent results, which included quarterly EPS of $0.92 and a miss versus analyst expectations. Investors appear focused on the long-term opportunity rather than the latest earnings shortfall.
• Neutral Sentiment: Execution remains the main risk. The targets extend several years into the future, so Rogers must deliver the projected growth and margin expansion. The stock also trades at a relatively high valuation based on trailing earnings, leaving less room for disappointment if implementation falls short.

Rogers Company Profile

Rogers Corporation is a global materials technology company that develops and manufactures high-performance materials and components for demanding applications. The company’s products are designed to provide thermal management, electrical insulation, signal integrity, vibration control, cushioning and protection in challenging operating environments.

Its product portfolio includes specialty laminates for high-frequency and high-speed circuitry, ceramic and other substrates used in power electronics, silicone and urethane foams, elastomeric materials, and other engineered solutions.