Rogers Communications Inc. (RCI)

Rogers Communications Stock Forecast

Stock Price Forecast

The 4 analysts that cover Rogers Communications stock have a consensus rating of "Buy" and an average price target of $67, which forecasts a 103.83% increase in the stock price over the next year. The lowest target is $57 and the highest is $74.

Price Target: $67 (+103.83%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$57	$67	$70	$74
Change	+73.41%	+103.83%	+112.96%	+125.13%

* Price targets were last updated on Sep 19, 2024.

Analyst Ratings

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

Recommendation Trends

Rating	Jan '25	Feb '25	Mar '25	Apr '25	May '25	Jun '25
Strong Buy	1	1	1	1	1	1
Buy	1	1	1	1	1	1
Hold	2	2	2	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	4	4	4	4	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Kannan Venkateshwar Barclays	Barclays	Buy → Hold Downgrades n/a	Buy → Hold	Downgrades	n/a	n/a	Jan 21, 2025
Vince Valentini TD Securities	TD Securities	Strong Buy Maintains $73 → $74	Strong Buy	Maintains	$73 → $74	+125.13%	Sep 19, 2024
Tim Casey BMO Capital	BMO Capital	Buy Maintains $67 → $70	Buy	Maintains	$67 → $70	+112.96%	Sep 19, 2024
Aravinda Galappatthige Canaccord Genuity	Canaccord Genuity	Strong Buy → Hold Downgrades $59 → $57	Strong Buy → Hold	Downgrades	$59 → $57	+73.41%	Jul 25, 2024
Kannan Venkateshwar Barclays	Barclays	Buy Maintains $52 → $46	Buy	Maintains	$52 → $46	+39.95%	Apr 10, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

21.44B

Increased by 4.04%

from 20.60B

Revenue Next Year

21.92B

Increased by 2.26%

from 21.44B

EPS This Year

4.97

Increased by 55.13%

from 3.20

EPS Next Year

5.18

Increased by 4.31%

from 4.97

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	13.92B	14.66B	15.40B	19.31B	20.60B	21.44B	21.92B	22.29B
Revenue Growth	-7.68%	5.31%	5.06%	25.41%	6.71%	4.04%	2.26%	1.69%
EPS	3.13	3.07	3.32	1.62	3.20	4.97	5.18	5.66
EPS Growth	-21.11%	-1.89%	8.03%	-51.31%	98.20%	55.13%	4.31%	9.16%
Forward PE	-	-	-	-	-	9.03	8.66	7.93
No. Analysts	-	-	-	-	-	18	18	11

Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	22.1B	23.2B	23.9B
Avg	21.4B	21.9B	22.3B
Low	20.2B	20.5B	20.7B

Revenue Growth

Revenue Growth	2025	2026	2027
High	7.3%	8.4%	8.8%
Avg	4.0%	2.3%	1.7%
Low	-2.0%	-4.2%	-5.4%

EPS Forecast

EPS	2025	2026	2027
High	5.47	6.06	6.59
Avg	4.97	5.18	5.66
Low	3.82	3.96	4.62

EPS Growth

EPS Growth	2025	2026	2027
High	70.8%	21.9%	27.2%
Avg	55.1%	4.3%	9.2%
Low	19.3%	-20.3%	-11.0%

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.