Rogers (NYSE:ROG) Announces FY 2030 Earnings Guidance

Rogers (NYSE:ROG) issued an update on its FY 2030 earnings guidance on Wednesday. The company provided EPS 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 1.8%

Shares of ROG stock opened at $155.74 on Friday. Rogers has a 12 month low of $75.14 and a 12 month high of $169.00. The company has a market capitalization of $2.78 billion, a P/E ratio of 88.99 and a beta of 0.42. The stock has a 50 day moving average of $131.60 and a two-hundred day moving average of $132.61.

Rogers (NYSE:ROG) last issued its earnings results on Tuesday, July 28th. The electronics maker reported $0.92 EPS 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. Sell-side analysts predict that Rogers will post 3.83 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have recently commented on ROG. B. Riley Financial raised their price objective on shares of Rogers from $200.00 to $225.00 and gave the stock a “buy” rating in a report on Thursday. Wall Street Zen lowered shares of Rogers from a “buy” rating to a “hold” rating in a research report on Monday, August 31st. 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 research report on Thursday, July 23rd. Finally, Freedom Broker upgraded Rogers to a “strong-buy” rating in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, Rogers presently has an average rating of “Moderate Buy” and an average price target of $225.00.

Key Stories Impacting Rogers

Here are the key news stories impacting Rogers this week:

• Positive Sentiment: Rogers outlined a plan to accelerate revenue growth, expand margins and increase earnings through 2030. Management provided 2028 EPS guidance of $5.50–$6.50 and a 2030 EPS target of $14.00, while expecting sales to exceed $1.5 billion by 2030. Investors appear encouraged by the potential for substantially higher earnings. Rogers Corporation Provides 2030 Financial Targets at 2026 Investor Day
• Positive Sentiment: B. Riley raised its price target for Rogers Corporation (ROG) to $225 from $200 and reiterated a Buy rating, signaling stronger confidence in the company’s long-term growth strategy. B. Riley Raises Price Target on Rogers
• Neutral Sentiment: Several reports discuss a sharp increase in ROG shares following the Investor Day presentation, but one analysis cautions that recent earnings-estimate revisions do not yet support assuming the strength will continue. Rogers Corp. Moves Higher
• Negative Sentiment: ROG’s valuation remains demanding, with a reported P/E ratio near 89. The company also previously missed quarterly EPS expectations, increasing execution risk as investors price in the aggressive 2028–2030 targets.

About Rogers

Rogers Corporation (NYSE:ROG) is a global manufacturer of engineered materials and components used in demanding applications across electronics, transportation, aerospace and defense, healthcare, and industrial markets. The company develops materials designed to provide electrical insulation, thermal management, vibration control, sealing, and protection in high-performance systems.

Its products include high-frequency circuit laminates and printed circuit board materials, thermal interface materials, power electronics substrates, elastomeric components, high-performance foams, and specialty composite materials.