Rockwell Automation, Inc. (ROK)
NYSE: ROK · IEX Real-Time Price · USD
257.53
+0.35 (0.14%)
At close: May 31, 2024, 4:00 PM
255.25
-2.28 (-0.89%)
After-hours: May 31, 2024, 7:47 PM 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 307.88, with a low estimate of 254 and a high estimate of 360. The average target predicts an increase of 19.55% from the current stock price of 257.53.
Analyst Consensus: Hold
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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 2 | 3 | 3 | 3 | 3 |
| Buy | 5 | 5 | 3 | 3 | 3 | 5 |
| Hold | 6 | 6 | 6 | 7 | 7 | 7 |
| Sell | 3 | 3 | 3 | 3 | 3 | 2 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 16 | 17 | 16 | 17 | 17 | 18 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Loop Capital | Loop Capital | Hold Maintains $300 → $290 | Hold | Maintains | $300 → $290 | +12.61% | May 14, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $322 → $316 | Strong Buy | Maintains | $322 → $316 | +22.70% | May 8, 2024 |
| Barclays | Barclays | Sell Maintains $265 → $260 | Sell | Maintains | $265 → $260 | +0.96% | May 8, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $320 → $312 | Buy | Maintains | $320 → $312 | +21.15% | May 8, 2024 |
| Mizuho | Mizuho | Hold Maintains $265 → $260 | Hold | Maintains | $265 → $260 | +0.96% | May 8, 2024 |
Financial Forecast
Revenue This Year
8.65B
from 9.06B
Decreased by -4.46%
Revenue Next Year
9.14B
from 8.65B
Increased by 5.64%
EPS This Year
10.25
from 11.95
Decreased by -14.20%
EPS Next Year
12.16
from 10.25
Increased by 18.62%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.2B | 10.1B | 10.5B | 11.4B | 11.9B |
| Avg | 8.7B | 9.1B | 9.6B | 11.0B | 11.5B |
| Low | 8.3B | 8.4B | 8.8B | 10.7B | 11.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.1% | 16.7% | 14.4% | 19.6% | 8.2% |
| Avg | -4.5% | 5.6% | 4.6% | 15.0% | 4.1% |
| Low | -8.9% | -2.7% | -3.8% | 11.6% | 1.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.03 | 14.70 | 16.39 | 18.97 | 19.68 |
| Avg | 10.25 | 12.16 | 13.33 | 18.25 | 18.93 |
| Low | 9.56 | 10.30 | 11.03 | 17.71 | 18.37 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -7.7% | 43.4% | 34.8% | 42.3% | 7.8% |
| Avg | -14.2% | 18.6% | 9.6% | 36.9% | 3.7% |
| Low | -20.0% | 0.5% | -9.3% | 32.8% | 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.