Rockwell Automation, Inc. (ROK)

Rockwell Automation Stock Forecast

Stock Price Forecast

The 13 analysts with 12-month price forecasts for Rockwell Automation stock have an average target of 310.46, with a low estimate of 254 and a high estimate of 360. The average target predicts an increase of 13.53% from the current stock price of 273.47.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$254	$310.46	$320	$360
Change	-7.12%	+13.53%	+17.01%	+31.64%

Analyst Ratings

The average analyst rating for ROK stock from 15 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	1	1	2	3	3	3
Buy	4	5	5	3	3	3
Hold	9	6	6	6	7	6
Sell	4	3	3	3	3	2
Strong Sell	1	1	1	1	1	1
Total	19	16	17	16	17	15

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Andrew Kaplowitz Citigroup	Citigroup	Strong Buy Maintains $330 → $322	Strong Buy	Maintains	$330 → $322	+17.75%	Apr 8, 2024
Julian Mitchell Barclays	Barclays	Sell Maintains $269 → $265	Sell	Maintains	$269 → $265	-3.10%	Apr 2, 2024
Stephen Tusa JP Morgan	JP Morgan	Sell Maintains $254	Sell	Maintains	$254	-7.12%	Mar 21, 2024
Philip Buller Berenberg	Berenberg	Strong Buy → Hold Downgrades $290	Strong Buy → Hold	Downgrades	$290	+6.04%	Mar 6, 2024
Stephen Tusa JP Morgan	JP Morgan	Sell Maintains $262 → $230	Sell	Maintains	$262 → $230	-15.90%	Feb 2, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

9.29B

Increased by 2.51%

from 9.06B

Revenue Next Year

9.76B

Increased by 5.13%

from 9.29B

EPS This Year

12.26

Increased by 2.56%

from 11.95

EPS Next Year

13.59

Increased by 10.91%

from 12.26

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	6.69B	6.33B	7.00B	7.76B	9.06B	9.29B	9.76B	10.25B	11.19B	11.70B
Revenue Growth	0.43%	-5.45%	10.55%	10.90%	16.72%	2.51%	5.13%	5.04%	9.11%	4.56%
EPS	5.83	8.77	11.58	7.97	11.95	12.26	13.59	14.76	18.61	19.14
EPS Growth	38.48%	50.43%	32.04%	-31.17%	49.94%	2.56%	10.91%	8.61%	26.10%	2.82%
No. Analysts	-	-	-	-	-	27	26	13	2	2

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	9.8B	10.5B	11.0B	11.7B	12.3B
Avg	9.3B	9.8B	10.3B	11.2B	11.7B
Low	8.7B	8.9B	9.5B	10.8B	11.2B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	8.5%	13.5%	12.5%	14.1%	10.1%
Avg	2.5%	5.1%	5.0%	9.1%	4.6%
Low	-3.6%	-3.9%	-2.5%	5.3%	0.2%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	13.73	15.38	17.07	19.35	19.90
Avg	12.26	13.59	14.76	18.61	19.14
Low	10.88	11.71	13.55	18.06	18.57

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	14.9%	25.5%	25.6%	31.1%	6.9%
Avg	2.6%	10.9%	8.6%	26.1%	2.8%
Low	-9.0%	-4.4%	-0.3%	22.4%	-0.2%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.