Rogers Communications (RCI) Stock Forecast, Price Target & Predictions
RCI Stock Forecast
Rogers Communications stock forecast is as follows: an average price target of $46.00 (represents a 13.16% upside from RCI’s last price of $40.65) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.
RCI Price Target
The average price target for Rogers Communications (RCI) is $46.00 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $46.00 to $46.00. This represents a potential 13.16% upside from RCI's last price of $40.65.
RCI Analyst Ratings
According to 5 Wall Street analysts, Rogers Communications's rating consensus is 'Buy'. The analyst rating breakdown for RCI stock is 0 'Strong Buy' (0.00%), 5 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Rogers Communications Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Apr 10, 2024 | Lauren Bonham | Barclays | $46.00 | $40.35 | 14.00% | 13.16% |
The latest Rogers Communications stock forecast, released on Apr 10, 2024 by Lauren Bonham from Barclays, set a price target of $46.00, which represents a 14.00% increase from the stock price at the time of the forecast ($40.35), and a 13.16% increase from RCI last price ($40.65).
Rogers Communications Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $46.00 |
| Last Closing Price | $40.65 | $40.65 | $40.65 |
| Upside/Downside | -100.00% | -100.00% | 13.16% |
In the current month, the average price target of Rogers Communications stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Rogers Communications's last price of $40.65. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 19, 2024 | Scotiabank | Outperform | Outperform | Hold |
| Jul 08, 2024 | CIBC | Outperform | Outperform | Hold |
| Apr 04, 2024 | CIBC | Outperform | Outperform | Hold |
| Jun 28, 2023 | National Bank | Outperform | Outperform | Hold |
| Feb 03, 2023 | Canaccord Genuity | Buy | Buy | Hold |
| Apr 26, 2022 | Desjardins | - | Buy | Upgrade |
Rogers Communications's last stock rating was published by Scotiabank on Jul 19, 2024. The company gave RCI a "Outperform" rating, the same as its previous rate.
Rogers Communications Financial Forecast
Rogers Communications Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | $5.05B | $3.83B | $4.17B | $3.74B | $3.87B | $3.62B | $3.92B | $3.67B | $3.58B | $3.49B | $3.68B | $3.67B | $3.15B | $3.42B | $3.95B | $3.75B | $3.78B | $3.59B | $3.63B | $3.34B |
| Avg Forecast | $5.52B | $5.24B | $5.17B | $4.99B | $5.35B | $5.20B | $5.10B | $4.93B | $5.28B | $5.05B | $5.07B | $3.79B | $4.12B | $3.70B | $3.80B | $3.63B | $3.88B | $3.68B | $3.56B | $3.37B | $3.78B | $3.34B | $3.17B | $3.50B | $4.02B | $3.88B | $3.88B | $3.73B | $3.03B | $3.00B |
| High Forecast | $5.64B | $5.34B | $5.28B | $5.09B | $5.46B | $5.23B | $5.21B | $5.03B | $5.41B | $5.12B | $5.18B | $3.87B | $4.21B | $3.78B | $3.85B | $3.68B | $3.94B | $3.72B | $3.60B | $3.42B | $3.83B | $3.38B | $3.21B | $3.54B | $4.07B | $3.93B | $3.93B | $3.78B | $3.63B | $3.60B |
| Low Forecast | $5.46B | $5.17B | $5.11B | $4.93B | $5.29B | $5.17B | $5.04B | $4.87B | $5.15B | $4.96B | $5.01B | $3.75B | $4.07B | $3.66B | $3.76B | $3.60B | $3.85B | $3.64B | $3.53B | $3.35B | $3.75B | $3.31B | $3.14B | $3.47B | $3.98B | $3.84B | $3.85B | $3.70B | $2.42B | $2.40B |
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 6 | 4 | 4 | 7 | 4 | 3 | 7 | 9 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.99% | 1.01% | 1.01% | 1.01% | 1.02% | 1.00% | 1.01% | 1.00% | 1.01% | 1.03% | 0.97% | 1.10% | 1.00% | 0.98% | 0.98% | 0.97% | 0.97% | 0.96% | 1.20% | 1.11% |
Rogers Communications's average Quarter revenue forecast for Sep 23 based on 4 analysts is $5.05B, with a low forecast of $4.96B, and a high forecast of $5.12B. RCI's average Quarter revenue forecast represents a 0.14% increase compared to the company's last Quarter revenue of $5.05B (Jun 23).
Rogers Communications EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 6 | 4 | 4 | 7 | 4 | 3 | 7 | 9 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | $2.18B | $1.80B | $1.68B | $1.54B | $1.61B | $1.55B | $1.44B | $1.51B | $1.28B | $1.36B | $1.52B | $1.57B | $1.26B | $1.34B | $1.50B | $1.66B | $1.61B | $1.34B | $1.31B | $1.15B |
| Avg Forecast | $2.33B | $2.21B | $2.18B | $2.10B | $2.25B | $2.19B | $2.15B | $1.58B | $2.23B | $2.13B | $2.14B | $1.43B | $1.74B | $1.89B | $1.60B | $1.30B | $1.64B | $1.55B | $1.50B | $1.13B | $1.59B | $1.41B | $1.34B | $1.47B | $1.69B | $1.63B | $1.63B | $1.57B | $1.05B | $1.01B |
| High Forecast | $2.38B | $2.25B | $2.23B | $2.14B | $2.30B | $2.20B | $2.19B | $1.89B | $2.28B | $2.16B | $2.18B | $1.72B | $1.77B | $2.27B | $1.62B | $1.57B | $1.66B | $1.57B | $1.52B | $1.36B | $1.61B | $1.42B | $1.35B | $1.77B | $1.71B | $1.65B | $1.66B | $1.89B | $1.26B | $1.21B |
| Low Forecast | $2.30B | $2.18B | $2.15B | $2.08B | $2.23B | $2.18B | $2.12B | $1.26B | $2.17B | $2.09B | $2.11B | $1.15B | $1.72B | $1.51B | $1.59B | $1.04B | $1.62B | $1.54B | $1.49B | $904.67M | $1.58B | $1.39B | $1.32B | $1.18B | $1.68B | $1.62B | $1.62B | $1.26B | $837.12M | $807.72M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.25% | 0.97% | 0.82% | 1.00% | 1.19% | 0.88% | 0.98% | 0.86% | 1.20% | 0.96% | 1.12% | 0.94% | 0.91% | 0.89% | 1.02% | 0.99% | 0.85% | 1.25% | 1.14% |
4 analysts predict RCI's average Quarter EBITDA for Sep 23 to be $2.13B, with a high of $2.16B and a low of $2.09B. This is -2.31% lower than Rogers Communications's previous annual EBITDA (Jun 23) of $2.18B.
Rogers Communications Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 6 | 4 | 4 | 7 | 4 | 3 | 7 | 9 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | $109.00M | $511.00M | $508.00M | $371.00M | $409.00M | $392.00M | $405.00M | $490.00M | $302.00M | $361.00M | $449.00M | $512.00M | $279.00M | $352.00M | $468.00M | $593.00M | $591.00M | $391.00M | $425.00M | $294.00M |
| Avg Forecast | $567.99M | $601.40M | $490.04M | $447.76M | $515.04M | $545.12M | $453.40M | $422.26M | $449.64M | $438.05M | $448.44M | $383.87M | $391.67M | $613.77M | $349.79M | $348.98M | $400.46M | $433.41M | $326.91M | $300.83M | $408.05M | $311.95M | $282.01M | $387.65M | $420.95M | $529.17M | $478.49M | $457.55M | $340.00M | $257.89M |
| High Forecast | $583.31M | $617.62M | $503.26M | $459.84M | $528.93M | $587.05M | $465.63M | $506.71M | $485.14M | $449.86M | $460.53M | $460.65M | $402.23M | $736.53M | $355.71M | $418.77M | $407.24M | $440.75M | $332.45M | $361.00M | $414.96M | $317.24M | $286.79M | $465.17M | $428.08M | $538.14M | $486.60M | $549.06M | $408.00M | $309.47M |
| Low Forecast | $559.14M | $592.03M | $482.40M | $440.78M | $507.01M | $487.47M | $446.33M | $337.81M | $372.73M | $431.22M | $441.45M | $307.10M | $385.56M | $491.02M | $345.85M | $279.18M | $395.96M | $428.53M | $323.24M | $240.67M | $403.46M | $308.44M | $278.84M | $310.12M | $416.22M | $523.22M | $473.11M | $366.04M | $272.00M | $206.32M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.24% | 1.33% | 1.30% | 0.60% | 1.17% | 1.12% | 1.01% | 1.13% | 0.92% | 1.20% | 1.10% | 1.64% | 0.99% | 0.91% | 1.11% | 1.12% | 1.24% | 0.85% | 1.25% | 1.14% |
Rogers Communications's average Quarter net income forecast for Sep 23 is $438.05M, with a range of $431.22M to $449.86M. RCI's average Quarter net income forecast represents a 301.88% increase compared to the company's last Quarter net income of $109.00M (Jun 23).
Rogers Communications SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 6 | 4 | 4 | 7 | 4 | 3 | 7 | 9 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $612.00M | $502.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $458.91M | $434.91M | $429.82M | $414.21M | $444.52M | $432.08M | $423.72M | $409.19M | $438.72M | $419.70M | $421.37M | $315.15M | $342.28M | $307.34M | $315.37M | $301.46M | $322.67M | $305.34M | $295.50M | $280.27M | $314.14M | $277.26M | $263.36M | $290.49M | $333.58M | $322.07M | $322.21M | $309.75M | $251.47M | $249.45M |
| High Forecast | $468.43M | $443.94M | $438.73M | $422.80M | $453.74M | $434.38M | $432.51M | $417.68M | $449.71M | $425.34M | $430.12M | $321.69M | $349.39M | $313.72M | $319.48M | $305.39M | $326.87M | $309.31M | $299.35M | $283.92M | $318.23M | $280.88M | $266.79M | $294.27M | $337.92M | $326.27M | $326.41M | $313.79M | $301.76M | $299.34M |
| Low Forecast | $453.41M | $429.70M | $424.66M | $409.24M | $439.19M | $429.78M | $418.64M | $404.28M | $427.72M | $412.37M | $416.32M | $311.37M | $338.18M | $303.66M | $312.64M | $298.86M | $319.88M | $302.69M | $292.94M | $277.85M | $311.42M | $274.87M | $261.08M | $287.98M | $330.69M | $319.29M | $319.42M | $307.07M | $201.17M | $199.56M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.94% | 1.67% | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Rogers Communications's average Quarter SG&A projection for Sep 22 is $307.34M, based on 1 Wall Street analysts, with a range of $303.66M to $313.72M. The forecast indicates a -49.78% fall compared to RCI last annual SG&A of $612.00M (Jun 22).
Rogers Communications EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 6 | 4 | 4 | 7 | 4 | 3 | 7 | 9 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | $0.21 | $1.01 | $1.01 | $0.73 | $0.81 | $0.78 | $0.80 | $0.97 | $0.60 | $0.71 | $0.89 | $1.01 | $0.55 | $0.70 | $0.92 | $1.16 | $1.15 | $0.76 | $0.83 | $0.57 |
| Avg Forecast | $1.06 | $1.13 | $0.92 | $0.84 | $0.96 | $1.02 | $0.85 | $0.72 | $0.84 | $0.82 | $0.84 | $0.71 | $0.73 | $0.62 | $0.66 | $0.67 | $0.75 | $0.81 | $0.61 | $0.52 | $0.76 | $0.58 | $0.53 | $0.56 | $0.79 | $0.99 | $0.90 | $0.69 | $0.60 | $0.50 |
| High Forecast | $1.09 | $1.16 | $0.94 | $0.86 | $0.99 | $1.10 | $0.87 | $0.74 | $0.91 | $0.84 | $0.86 | $0.73 | $0.75 | $0.63 | $0.67 | $0.68 | $0.76 | $0.83 | $0.62 | $0.53 | $0.78 | $0.59 | $0.54 | $0.57 | $0.80 | $1.01 | $0.91 | $0.70 | $0.72 | $0.60 |
| Low Forecast | $1.05 | $1.11 | $0.90 | $0.83 | $0.95 | $0.91 | $0.84 | $0.71 | $0.70 | $0.81 | $0.83 | $0.70 | $0.72 | $0.61 | $0.65 | $0.66 | $0.74 | $0.80 | $0.61 | $0.51 | $0.76 | $0.58 | $0.52 | $0.55 | $0.78 | $0.98 | $0.89 | $0.68 | $0.48 | $0.40 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.25% | 1.42% | 1.38% | 1.18% | 1.24% | 1.17% | 1.07% | 1.20% | 0.98% | 1.37% | 1.16% | 1.73% | 1.04% | 1.26% | 1.17% | 1.17% | 1.28% | 1.10% | 1.38% | 1.14% |
According to 4 Wall Street analysts, Rogers Communications's projected average Quarter EPS for Sep 23 is $0.82, with a low estimate of $0.81 and a high estimate of $0.84. This represents a 290.62% increase compared to RCI previous annual EPS of $0.21 (Jun 23).
Rogers Communications Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| LBRDA | Liberty Broadband | $60.09 | $158.00 | 162.94% | Buy |
| BCE | BCE | $35.40 | $49.96 | 41.13% | Hold |
| TU | TELUS | $16.93 | $22.59 | 33.43% | Buy |
| AMX | América Móvil | $16.85 | $21.92 | 30.09% | Buy |
| RCI | Rogers Communications | $40.65 | $46.00 | 13.16% | Buy |
| VIV | Telefônica Brasil | $9.82 | $11.00 | 12.02% | Buy |
| ORAN | Orange | $12.07 | $13.00 | 7.71% | Buy |
| VOD | Vodafone Group Public Limited Company | $10.17 | $9.50 | -6.59% | Buy |
RCI Forecast FAQ
Is Rogers Communications a good buy?
Yes, according to 5 Wall Street analysts, Rogers Communications (RCI) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 100.00% of RCI's total ratings.
What is RCI's price target?
Rogers Communications (RCI) average price target is $46 with a range of $46 to $46, implying a 13.16% from its last price of $40.65. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Rogers Communications stock go up soon?
According to Wall Street analysts' prediction for RCI stock, the company can go up by 13.16% (from the last price of $40.65 to the average price target of $46), up by 13.16% based on the highest stock price target, and up by 13.16% based on the lowest stock price target.
Can Rogers Communications stock reach $60?
RCI's average twelve months analyst stock price target of $46 does not support the claim that Rogers Communications can reach $60 in the near future.
What are Rogers Communications's analysts' financial forecasts?
Rogers Communications's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $20.58B (high $20.93B, low $20.37B), average EBITDA is $8.17B (high $8.59B, low $7.79B), average net income is $1.94B (high $2.09B, low $1.78B), average SG&A $1.71B (high $1.74B, low $1.69B), and average EPS is $3.56 (high $3.71, low $3.41). RCI's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $20.92B (high $21.36B, low $20.67B), average EBITDA is $8.81B (high $9B, low $8.71B), average net income is $2.11B (high $2.16B, low $2.07B), average SG&A $1.74B (high $1.77B, low $1.72B), and average EPS is $3.95 (high $4.05, low $3.88).
Did the RCI's actual financial results beat the analysts' financial forecasts?
Based on Rogers Communications's last annual report (Dec 2022), the company's revenue was $15.4B, beating the average analysts forecast of $15.25B by 0.97%. Apple's EBITDA was $6.41B, missing the average prediction of $6.53B by -1.92%. The company's net income was $1.68B, missing the average estimation of $1.7B by -1.42%. Apple's SG&A was $0, missing the average forecast of $1.27B by -100.00%. Lastly, the company's EPS was $3.33, beating the average prediction of $2.67 by 24.61%. In terms of the last quarterly report (Jun 2023), Rogers Communications's revenue was $5.05B, missing the average analysts' forecast of $5.07B by -0.53%. The company's EBITDA was $2.18B, beating the average prediction of $2.14B by 1.95%. Rogers Communications's net income was $109M, missing the average estimation of $448.44M by -75.69%. The company's SG&A was $0, missing the average forecast of $421.37M by -100.00%. Lastly, the company's EPS was $0.21, missing the average prediction of $0.84 by -74.99%