Rogers (NYSE:ROG) Stock Bumped Up to “Strong-Buy” by Freedom Broker

Freedom Broker upgraded shares of Rogers (NYSE:ROG) to a strong-buy rating in a research report sent to investors on Thursday morning,Zacks reports.

Several other equities research analysts also recently weighed in on ROG. Wall Street Zen downgraded Rogers from a “buy” rating to a “hold” rating in a report on Monday, August 31st. B. Riley Financial upped their price objective on shares of Rogers from $200.00 to $225.00 and gave the stock a “buy” rating in a research report on Thursday. Zacks Research cut shares of Rogers from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 23rd. Finally, Weiss Ratings upgraded shares of Rogers from a “sell (d)” rating to a “hold (c)” rating in a research report on Wednesday, August 12th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, Rogers has a consensus rating of “Moderate Buy” and a consensus price target of $225.00.

Rogers Stock Up 1.8%

Shares of ROG stock opened at $155.74 on Thursday. The stock has a market capitalization of $2.78 billion, a PE ratio of 88.99 and a beta of 0.42. Rogers has a 52-week low of $75.14 and a 52-week high of $169.00. The stock’s 50-day moving average price is $131.60 and its 200 day moving average price is $132.61.

Rogers (NYSE:ROG) last posted its quarterly earnings data 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). Rogers had a return on equity of 5.17% and a net margin of 3.75%.The company had revenue of $216.80 million for the quarter, compared to analyst estimates of $215.00 million. Rogers has set its Q3 2026 guidance at 1.100-1.300 EPS. Analysts expect that Rogers will post 3.83 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Rogers

Institutional investors have recently made changes to their positions in the stock. Bank of New York Mellon Corp purchased a new stake in Rogers in the 2nd quarter worth approximately $18,012,000. Engineers Gate Manager LP lifted its stake in shares of Rogers by 214.0% during the 2nd quarter. Engineers Gate Manager LP now owns 9,742 shares of the electronics maker’s stock worth $1,595,000 after purchasing an additional 6,639 shares during the period. BlackRock Inc. purchased a new position in shares of Rogers during the 2nd quarter worth $556,493,000. Granahan Investment Management LLC acquired a new stake in shares of Rogers during the first quarter worth $3,528,000. Finally, Hsbc Holdings PLC boosted its holdings in shares of Rogers by 145.6% during the second quarter. Hsbc Holdings PLC now owns 40,685 shares of the electronics maker’s stock worth $6,707,000 after purchasing an additional 24,118 shares during the last quarter. 96.02% of the stock is owned by institutional investors and hedge funds.

Rogers News Roundup

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.