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Rogers (ROG) AI Stock Analysis
Rogers
(NYSE:ROG)
ROG’s score is driven primarily by improving financial performance (recovery in TTM profitability and solid free cash flow) and a notably strong balance sheet, reinforced by a highly constructive earnings call with upbeat growth and margin guidance. The low P/E adds valuation support. The main drag is weak near-term technical momentum, with the stock trading below key moving averages and a negative MACD.
Rogers Key Performance Indicators (KPIs)
Gross Profit by SegmentCompares profitability across segments to show which businesses generate the most margin and which are cost or investment intensive, helping investors understand where cash generation comes from and which segments are most sensitive to price or cost pressure.
Advanced Electronics Solutions has been the more resilient, recovering through 2025 and poised to benefit as recent design wins move into production, while Elastomeric Materials shows cyclical, volume‑sensitive swings tied to automotive and industrial demand (and weather/supplier disruptions). Management’s guidance and Curamik cost savings support near‑term gross‑margin expansion, but the upside depends on AES converting wins to steady production and on auto/data‑center demand timing—those remain the main execution risks to watch.
The FlyRogers (ROG) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $2.06B
- Dividend Yield
- ―
- Average Volume (3M)
- 233.73K
- Price to Earnings (P/E)
- 45.9
- Beta (1Y)
- 1.03
- Revenue Growth
- 6.66%
- EPS Growth
- ―
- Country
- US
- Employees
- 3,000
- Sector
- Technology
- Sector Strength
- 61
- Industry
- Hardware, Equipment & Parts
Rogers Business Overview & Revenue Model
Company Description
Rogers Corporation, established in 1832 and headquartered in Chandler, Arizona, operates as a global enterprise specializing in the engineering, production, and sale of advanced materials and components. Its business activities are organized into thr...
How the Company Makes Money
Rogers primarily makes money through recurring service revenues from subscriptions and usage across its telecom businesses, complemented by revenue from its media operations. Its largest revenue stream is typically wireless: customers pay monthly pos...
Rogers Earnings Call Summary
The call was strongly positive, with broad year-over-year sales growth, significant adjusted EPS and EBITDA improvement, a five-year-high EBITDA margin, strong cash generation, new design wins and increasing customer activity across data-center, automotive, battery-safety and EMI-shielding opportunities. The main challenges were supply limitations, commodity-cost headwinds, higher Suzhou facility costs, lower smartphone sales, a seasonally expected sequential Q4 revenue decline and higher taxes. Highlights significantly outweighed the lowlights.
Q3-2026 Updates
Positive Updates
Negative Updates
Company Guidance
For the fourth quarter, management expects approximately 9% revenue growth, 12% adjusted EPS growth and a 16% increase in adjusted EBITDA year over year, with sales forecast to decline sequentially and revenues between $215 million and $225 million; aerospace and defense and industrial are expected to deliver year over year growth. Gross margin is guided to 32.5% to 33.5%, adjusted operating expenses are expected to increase modestly year over year while improving by more than 100 basis points as a percent of sales, adjusted EPS is forecasted to range from $0.90 to $1.10, adjusted EBITDA is anticipated to range from $37 million to $43 million, equating to 16% increase versus the fourth quarter of 2025 at the midpoint of the range, and the non-GAAP full-year tax rate is projected to be approximately 31%. Management expects growth to continue in 2027, versus organic growth of about 5% per year indicated at Investor Day, and expects some new products to launch in the second half of next year, towards Q3, Q4; it remains confident in $100 million of revenue by 2028 and its objective internally is to beat $450 million by 2030.
Rogers Financial Statement Overview
Summary
Overall fundamentals are stabilizing after a weak 2025. TTM profitability has returned with mid-single-digit net margins, cash generation is solid with free cash flow exceeding net income, and the balance sheet is a clear strength with very low leverage and strong flexibility. The main offset is multi-year volatility (including a 2025 setback and uneven free cash flow history), meaning the recovery still needs to prove durability.
Income Statement
58NeutralBalance Sheet
86Very PositiveCash Flow
71Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 854.90M | 810.80M | 830.10M | 908.40M | 971.20M | 932.90M |
| Gross Profit | 279.20M | 256.80M | 277.10M | 307.10M | 321.00M | 349.10M |
| EBITDA | 128.70M | 9.20M | 98.30M | 127.50M | 113.10M | 169.90M |
| Net Income | 45.30M | -61.80M | 26.10M | 56.60M | 116.60M | 108.10M |
Balance Sheet | ||||||
| Total Assets | 1.46B | 1.43B | 1.48B | 1.52B | 1.65B | 1.60B |
| Cash, Cash Equivalents and Short-Term Investments | 236.40M | 197.00M | 159.80M | 131.70M | 235.90M | 232.30M |
| Total Debt | 14.20M | 21.80M | 24.60M | 50.00M | 228.50M | 190.41M |
| Total Liabilities | 237.70M | 234.20M | 229.50M | 258.20M | 473.70M | 479.67M |
| Stockholders Equity | 1.22B | 1.20B | 1.25B | 1.26B | 1.17B | 1.12B |
Cash Flow | ||||||
| Free Cash Flow | 127.10M | 71.10M | 71.00M | 74.40M | 12.70M | 53.30M |
| Operating Cash Flow | 118.50M | 101.20M | 127.10M | 131.40M | 129.50M | 124.40M |
| Investing Cash Flow | -49.90M | -14.80M | -45.60M | -47.90M | -113.10M | -238.60M |
| Financing Cash Flow | -29.50M | -53.90M | -50.10M | -190.30M | -10.10M | 159.00M |
Rogers Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ROG, the sentiment is Negative. The current price of 115.74 is below the 20-day moving average (MA) of 134.89, below the 50-day MA of 136.06, and below the 200-day MA of 128.34, indicating a bearish trend. The MACD of -3.67 indicates Positive momentum. The RSI at 34.35 is Neutral, neither overbought nor oversold. The STOCH value of 16.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for ROG.
Rogers Risk Analysis
Rogers disclosed 22 risk factors in its most recent earnings report. Rogers reported the most risks in the "Finance & Corporate" category.
Latest Risks Added
0 New RisksRogers Peers Comparison
Overall Rating
- ROG73Outperform
BELFB71Outperform
CTS71Outperform
VICR70Outperform
LFUS65Neutral
TTMI61Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| ROG | 73Outperform | $2.29B | 45.93 | 3.76% | ― | 6.66% | ― |
| BELFB | 71Outperform | $3.05B | 47.33 | 11.27% | 0.14% | 20.98% | -22.92% |
| CTS | 71Outperform | $1.76B | 22.14 | 13.02% | 0.28% | 7.47% | 29.54% |
| VICR | 70Outperform | $7.34B | 34.38 | 22.49% | ― | 41.38% | 115.22% |
| LFUS | 65Neutral | $9.82B | 258.07 | 1.47% | 0.88% | 18.72% | -74.52% |
| Sector * | 61Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
| TTMI | 61Neutral | $7.73B | 24.21 | 14.18% | ― | 37.56% | 99.62% |
* Technology Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| ROG | Rogers Corp. | 115.74 | 31.46 | 37.33% | |
| BELFB | Bel Fuse B | 195.94 | 34.61 | 21.45% | |
| CTS | CTS Corporation | 56.89 | 16.29 | 40.13% | |
| LFUS | Littelfuse | 348.39 | 107.61 | 44.69% | |
| TTMI | Ttm Technologies | 62.22 | -4.50 | -6.74% | |
| VICR | Vicor | 135.10 | 47.67 | 54.52% |
Rogers Corporate Events
Rogers Reports Strong Third Quarter Growth and Earnings
PositiveOn October 27, 2026, Rogers Corporation reported a strong third quarter, with net sales rising 9.3% year-over-year to $236.1 million, driven mainly by electronics and communications and automotive end markets. Gross margin improved to 34.2%, net inco...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 28, 2026