Rogers (NYSE:ROG) Issues FY 2028 Earnings Guidance

Rogers (NYSE:ROG) updated its FY 2028 earnings guidance on Wednesday morning. The company provided EPS guidance of 5.500-6.500 for the period. The company issued revenue guidance of $1.0 billion-$1.1 billion. Rogers also updated its FY 2030 guidance to 14.000-14.000 EPS.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. B. Riley Financial lifted their target price on shares of Rogers to $200.00 and gave the company a “buy” rating in a report on Monday, June 15th. Weiss Ratings raised Rogers from a “sell (d)” rating to a “hold (c)” rating in a report on Wednesday, August 12th. Zacks Research downgraded Rogers from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 23rd. Finally, Wall Street Zen lowered Rogers from a “buy” rating to a “hold” rating in a research report 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 stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $200.00.

Rogers Trading Up 11.1%

Shares of ROG opened at $153.47 on Thursday. The company has a market cap of $2.74 billion, a price-to-earnings ratio of 87.69 and a beta of 0.50. The business’s fifty day simple moving average is $131.15 and its two-hundred day simple moving average is $132.23. Rogers has a 12 month low of $75.14 and a 12 month high of $169.00.

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

Key Headlines Impacting 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.

About Rogers

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.