Rogers Communications Inc. (RCI)
NYSE: RCI · IEX Real-Time Price · USD
41.00
-0.20 (-0.49%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Rogers Communications Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for RCI stock have an average target of 65.5, with a low estimate of 52 and a high estimate of 79. The average target predicts an increase of 59.76% from the current stock price of 41.00.

Analyst Consensus: Buy
Target Low Average Median High
Price $52 $65.5 $79 $79
Change +26.83% +59.76% +92.68% +92.68%
* Price targets were last updated on Feb 12, 2024.

Analyst Ratings

The average analyst rating for RCI stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 000000
Buy 222222
Hold 000000
Sell 000000
Strong Sell 000000
Total 222222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Barclays
Barclays
Buy
Maintains
$55$52
Buy Maintains $55$52 +26.83% Feb 12, 2024
National Bank Financial Inc
National Bank Financial Inc
Buy
Maintains
$76$79
Buy Maintains $76$79 +92.68% Jun 28, 2023
Barclays
Barclays
Buy
Initiates
$55
Buy Initiates $55 +34.15% May 8, 2023
Desjardins
Desjardins
Strong Buy
Upgrades
n/a
Strong Buy Upgrades n/a n/a Jan 28, 2022
Barclays
Barclays
Hold
Initiates
n/a
Hold Initiates n/a n/a Oct 2, 2020
More Analyst Ratings

Financial Forecast

Revenue This Year
21.27B
from 19.31B
Increased by 10.16%
Revenue Next Year
21.44B
from 21.27B
Increased by 0.80%
EPS This Year
5.05
from 1.62
Increased by 211.54%
EPS Next Year
5.71
from 5.05
Increased by 13.10%
Year 2019202020212022202320242024202520252026
Revenue
15.07B13.92B14.66B15.40B19.31B21.27B21.44B22.04B22.04B22.56B
Revenue Growth
-0.15%-7.68%5.31%5.06%25.41%10.16%0.80%2.77%0.04%2.35%
EPS
3.973.133.073.321.625.055.715.646.596.50
EPS Growth
-0.50%-21.16%-1.92%8.14%-51.20%211.54%13.10%-1.23%16.86%-1.32%
No. Analysts -----20181998
Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 22.2B 22.5B 23.3B
Avg 21.4B 22.0B 22.6B
Low 20.1B 20.9B 20.9B

Revenue Growth

Revenue Growth 202420252026
High
14.9%
5.0%
5.6%
Avg
11.0%
2.8%
2.3%
Low
4.1%
-2.4%
-5.3%

EPS Forecast

EPS 202420252026
High 7.76 8.54 7.26
Avg 5.71 6.59 6.50
Low 4.41 4.75 5.49

EPS Growth

EPS Growth 202420252026
High
379.0%
49.5%
10.1%
Avg
252.4%
15.4%
-1.3%
Low
172.2%
-16.7%
-16.7%
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.