Rogers (NYSE:ROG) Shares Gap Up - Still a Buy?

Key Points

• Shares gapped up — ROG jumped from a $120.72 close to a $129.93 open and was last around $129, trading above its 50‑day ($109.40) and 200‑day ($96.94) moving averages.
• Earnings beat and raised guidance — Rogers reported $0.89 EPS vs. $0.60 expected and revenue of $201.5M, and issued Q1 2026 EPS guidance of $0.45–$0.85.
• Mixed analyst view with cautious valuation — consensus rating is a "Hold" (one Buy, one Hold, one Sell) with an average target of $133, while market cap is $2.37B and the trailing P/E is negative (-39.79).

Rogers Corporation (NYSE:ROG - Get Free Report) shares gapped up prior to trading on Friday . The stock had previously closed at $120.72, but opened at $129.93. Rogers shares last traded at $129.0140, with a volume of 5,053 shares changing hands.

Key Rogers News

Here are the key news stories impacting Rogers this week:

• Positive Sentiment: Rogers Corporation reported an earnings beat last quarter and set Q1 2026 EPS guidance (0.45–0.85), supporting investor optimism and helping push the stock higher; the shares are trading above both the 50‑day and 200‑day moving averages.
• Neutral Sentiment: Seeking Alpha piece about Rogers Communications’ capex reduction boosting free cash flow — this is about Rogers Communications (RCI), not Rogers Corporation (ROG), so it’s unlikely to directly affect ROG. Rogers Communications: Strong Capex Reduction Boosts Free Cash Flow
• Neutral Sentiment: MSN article: “Rogers hits estimates, boosts cash outlook on spending cut” — pertains to Rogers Communications (RCI) and its media/sports strategy, not ROG. Rogers hits estimates, boosts cash outlook on spending cut
• Neutral Sentiment: TipRanks note on upgraded buy thesis driven by capex cuts and sports/media growth — this refers to Rogers Communications and analyst views of RCI, not Rogers Corporation. Rogers: Capex Cuts, Strong Q1, and Growing Sports & Media Assets Drive Upgraded Buy Thesis
• Neutral Sentiment: Rogers Communications shareholders overwhelmingly backed the board and auditor at the April 22 AGM — governance resolution for RCI, not material to ROG. Rogers Communications Shareholders Overwhelmingly Back Board and Auditor at April 22 AGM
• Neutral Sentiment: Financial Post / Globe Newswire coverage of Rogers Communications AGM voting results — RCI corporate update, not ROG. Rogers Communications Announces Voting Results from Annual General Meeting of Shareholders
• Neutral Sentiment: Rogers (RCI) media partnerships: NHL Multiview returns for the 2026 playoffs — a product/rights update for Rogers Communications’ media business, not related to ROG. Rogers Xfinity Multiview returns for 2026 Stanley Cup Playoffs
• Neutral Sentiment: Several sports articles about players named Rogers (Taylor Rogers, Jake Rogers) — human‑interest/sports items with no bearing on Rogers Corporation’s business or stock. Rogers gets special surprise from family to celebrate career milestone Jake Rogers 1st career K

Analyst Upgrades and Downgrades

ROG has been the subject of several analyst reports. Zacks Research cut Rogers from a "strong-buy" rating to a "hold" rating in a report on Monday, December 29th. Weiss Ratings reaffirmed a "sell (d)" rating on shares of Rogers in a report on Tuesday. Finally, B. Riley Financial reaffirmed a "buy" rating on shares of Rogers in a report on Thursday. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $133.00.

Rogers Stock Performance

The company has a market cap of $2.37 billion, a price-to-earnings ratio of -39.79 and a beta of 0.34. The business has a fifty day moving average price of $109.40 and a 200 day moving average price of $96.94.

Rogers (NYSE:ROG - Get Free Report) last posted its quarterly earnings results on Tuesday, February 17th. The electronics maker reported $0.89 EPS for the quarter, topping analysts' consensus estimates of $0.60 by $0.29. Rogers had a positive return on equity of 3.56% and a negative net margin of 7.62%.The company had revenue of $201.50 million during the quarter, compared to analysts' expectations of $196.50 million. Rogers has set its Q1 2026 guidance at 0.450-0.850 EPS. As a group, equities analysts anticipate that Rogers Corporation will post 3.24 EPS for the current year.

Insider Activity at Rogers

In other news, SVP Michael Reed Webb sold 1,197 shares of the business's stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $106.25, for a total transaction of $127,181.25. Following the completion of the transaction, the senior vice president owned 9,747 shares of the company's stock, valued at approximately $1,035,618.75. The trade was a 10.94% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.08% of the company's stock.

Hedge Funds Weigh In On Rogers

Institutional investors have recently modified their holdings of the business. Kemnay Advisory Services Inc. acquired a new position in shares of Rogers during the 4th quarter worth $42,000. Global Retirement Partners LLC increased its holdings in Rogers by 6,576.5% in the 4th quarter. Global Retirement Partners LLC now owns 1,135 shares of the electronics maker's stock worth $104,000 after purchasing an additional 1,118 shares in the last quarter. Virtus Advisers LLC acquired a new position in Rogers in the 3rd quarter worth about $127,000. Quadrant Capital Group LLC acquired a new position in Rogers in the 3rd quarter worth about $130,000. Finally, PNC Financial Services Group Inc. increased its holdings in Rogers by 119.7% in the 3rd quarter. PNC Financial Services Group Inc. now owns 1,905 shares of the electronics maker's stock worth $153,000 after purchasing an additional 1,038 shares in the last quarter. Institutional investors and hedge funds own 96.02% of the company's stock.

About Rogers

Rogers Corporation NYSE: ROG is a global technology and materials company specializing in the development and manufacture of engineered materials and components. The company designs and produces a broad portfolio of high-performance elastomeric, foam, silicone, adhesive and thermal management solutions, as well as advanced circuit board laminates. Its products are engineered to meet stringent requirements in areas such as electrical insulation, thermal performance and electromagnetic shielding.

Rogers serves a diverse range of end markets, including automotive, aerospace and defense, telecommunications, consumer electronics and industrial applications.

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