Rogers (NYSE:ROG) Announces FY 2028 Earnings Guidance

Rogers (NYSE:ROG) updated its FY 2028 earnings guidance on Wednesday morning. The company provided earnings per share 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.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Wall Street Zen downgraded shares of Rogers from a “buy” rating to a “hold” rating in a report on Monday, August 31st. Weiss Ratings raised shares of Rogers from a “sell (d)” rating to a “hold (c)” rating in a research report on Wednesday, August 12th. B. Riley Financial raised their price target on shares of Rogers from $200.00 to $225.00 and gave the stock a “buy” rating in a research note on Thursday. Freedom Broker raised shares of Rogers to a “strong-buy” rating in a report on Thursday. Finally, Zacks Research downgraded Rogers from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 23rd. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $225.00.

Rogers Stock Up 1.8%

NYSE ROG opened at $155.74 on Friday. The firm has a market cap of $2.78 billion, a P/E ratio of 88.99 and a beta of 0.42. The company’s 50 day moving average is $131.60 and its 200-day moving average is $132.61. 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 EPS for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.07). Rogers had a return on equity of 5.17% and a net margin of 3.75%.The company had revenue of $216.80 million during the quarter, compared to the consensus estimate of $215.00 million. Rogers has set its Q3 2026 guidance at 1.100-1.300 EPS. Equities analysts expect 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: 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.

Rogers Company Profile

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.