Rockwell Automation, Inc. (ROK)
NYSE: ROK · IEX Real-Time Price · USD
258.51
+4.12 (1.62%)
At close: Jun 17, 2024, 4:00 PM
258.25
-0.26 (-0.10%)
Pre-market: Jun 18, 2024, 4:35 AM EDT

Rockwell Automation Stock Forecast

Stock Price Forecast

The 16 analysts with 12-month price forecasts for Rockwell Automation stock have an average target of 307.25, with a low estimate of 250 and a high estimate of 360. The average target predicts an increase of 18.85% from the current stock price of 258.51.

Analyst Consensus: Hold
Target Low Average Median High
Price $250 $307.25 $312 $360
Change -3.29% +18.85% +20.69% +39.26%

Analyst Ratings

The average analyst rating for ROK stock from 18 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Jan '24Feb '24Mar '24Apr '24May '24Jun '24
Strong Buy 233333
Buy 533355
Hold 667777
Sell 333322
Strong Sell 111111
Total 171617171818

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Barclays
Barclays
Sell
Maintains
$260$250
Sell Maintains $260$250 -3.29% Jun 4, 2024
Loop Capital
Loop Capital
Hold
Maintains
$300$290
Hold Maintains $300$290 +12.18% May 14, 2024
Citigroup
Citigroup
Strong Buy
Maintains
$322$316
Strong Buy Maintains $322$316 +22.24% May 8, 2024
Barclays
Barclays
Sell
Maintains
$265$260
Sell Maintains $265$260 +0.58% May 8, 2024
Wells Fargo
Wells Fargo
Buy
Maintains
$320$312
Buy Maintains $320$312 +20.69% May 8, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
8.68B
from 9.06B
Decreased by -4.13%
Revenue Next Year
9.17B
from 8.68B
Increased by 5.61%
EPS This Year
10.27
from 11.95
Decreased by -14.08%
EPS Next Year
12.19
from 10.27
Increased by 18.68%
Year 2019202020212022202320242025202620272028
Revenue
6.69B6.33B7.00B7.76B9.06B8.68B9.17B9.64B11.00B11.45B
Revenue Growth
0.43%-5.45%10.55%10.90%16.72%-4.13%5.61%5.12%14.10%4.09%
EPS
5.838.7711.587.9711.9510.2712.1913.5318.2518.93
EPS Growth
38.48%50.43%32.04%-31.17%49.94%-14.08%18.68%11.01%34.91%3.71%
Forward PE
-----25.1821.2119.1114.1613.66
No. Analysts -----27271322
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 9.8B 10.3B 10.8B 11.4B 11.9B
Avg 8.7B 9.2B 9.6B 11.0B 11.5B
Low 8.3B 8.4B 8.8B 10.7B 11.1B

Revenue Growth

Revenue Growth 20242025202620272028
High
8.2%
18.4%
17.5%
18.6%
8.2%
Avg
-4.1%
5.6%
5.1%
14.1%
4.1%
Low
-8.9%
-3.1%
-4.1%
10.7%
1.0%

EPS Forecast

EPS 20242025202620272028
High 11.03 14.70 16.39 18.97 19.68
Avg 10.27 12.19 13.53 18.25 18.93
Low 9.56 10.30 11.03 17.71 18.37

EPS Growth

EPS Growth 20242025202620272028
High
-7.7%
43.2%
34.5%
40.2%
7.8%
Avg
-14.1%
18.7%
11.0%
34.9%
3.7%
Low
-20.0%
0.3%
-9.4%
30.9%
0.6%
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.