Rogers Communications (RCI) Stock Forecast, Price Target & Predictions
RCI Stock Forecast
Rogers Communications stock forecast is as follows: an average price target of $70.00 (represents a 127.64% upside from RCI’s last price of $30.75) and a rating consensus of 'Buy', based on 8 wall street analysts offering a 1-year stock forecast.
RCI Price Target
The average price target for Rogers Communications (RCI) is $70.00 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $70.00 to $70.00. This represents a potential 127.64% upside from RCI's last price of $30.75.
RCI Analyst Ratings
According to 8 Wall Street analysts, Rogers Communications's rating consensus is 'Buy'. The analyst rating breakdown for RCI stock is 0 'Strong Buy' (0.00%), 8 '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 |
|---|---|---|---|---|---|---|
| Sep 19, 2024 | Tim Casey | BMO Capital | $70.00 | $40.19 | 74.17% | 127.64% |
| Apr 10, 2024 | Lauren Bonham | Barclays | $46.00 | $40.35 | 14.00% | 49.59% |
The latest Rogers Communications stock forecast, released on Sep 19, 2024 by Tim Casey from BMO Capital, set a price target of $70.00, which represents a 74.17% increase from the stock price at the time of the forecast ($40.19), and a 127.64% increase from RCI last price ($30.75).
Rogers Communications Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 2 |
| Avg Price Target | - | $70.00 | $58.00 |
| Last Closing Price | $30.75 | $30.75 | $30.75 |
| Upside/Downside | -100.00% | 127.64% | 88.62% |
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 $30.75. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 10, 2024 | Scotiabank | Outperform | Outperform | Hold |
| Sep 19, 2024 | TD Securities | Buy | Buy | Hold |
| Sep 19, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Sep 19, 2024 | RBC Capital | Outperform | Outperform | Hold |
| 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 Oct 10, 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 | $5.23B | $4.94B | $4.88B | $4.73B | $5.07B | $5.16B | $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 | $5.28B | $4.99B | $4.93B | $4.74B | $5.11B | $5.21B | $5.15B | $4.98B | $5.41B | $5.12B | $5.12B | $3.83B | $4.16B | $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 | $3.63B | $3.60B |
| Low Forecast | $5.17B | $4.89B | $4.82B | $4.71B | $5.03B | $5.10B | $5.04B | $4.87B | $5.15B | $4.96B | $5.02B | $3.75B | $4.07B | $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 | $2.42B | $2.40B |
| # Analysts | 1 | 1 | 1 | 2 | 5 | 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 | 2 | 5 | 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 | $2.11B | $1.99B | $1.96B | $1.90B | $2.04B | $2.08B | $2.05B | $1.58B | $2.13B | $2.03B | $2.04B | $1.43B | $1.57B | $1.56B | $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 | $2.13B | $2.01B | $1.98B | $1.91B | $2.06B | $2.10B | $2.07B | $1.89B | $2.18B | $2.06B | $2.06B | $1.72B | $1.88B | $1.56B | $1.60B | $1.57B | $1.64B | $1.55B | $1.50B | $1.36B | $1.59B | $1.41B | $1.34B | $1.77B | $1.69B | $1.63B | $1.63B | $1.89B | $1.26B | $1.21B |
| Low Forecast | $2.08B | $1.97B | $1.94B | $1.90B | $2.03B | $2.05B | $2.03B | $1.26B | $2.07B | $2.00B | $2.02B | $1.15B | $1.25B | $1.56B | $1.60B | $1.04B | $1.64B | $1.55B | $1.50B | $904.67M | $1.59B | $1.41B | $1.34B | $1.18B | $1.69B | $1.63B | $1.63B | $1.26B | $837.12M | $807.72M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 1.07% | 1.25% | 1.07% | 0.99% | 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 $2.03B, with a high of $2.06B and a low of $2.00B. This is -6.65% 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 | 2 | 5 | 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 | $551.87M | $595.45M | $483.51M | $441.18M | $507.55M | $543.49M | $455.10M | $422.26M | $451.33M | $439.69M | $450.12M | $383.87M | $439.56M | $330.17M | $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 | $559.06M | $603.21M | $489.81M | $479.97M | $696.07M | $550.57M | $461.02M | $506.71M | $486.96M | $445.42M | $455.98M | $460.65M | $527.47M | $330.17M | $349.79M | $418.77M | $400.46M | $433.41M | $326.91M | $361.00M | $408.05M | $311.95M | $282.01M | $465.17M | $420.95M | $529.17M | $478.49M | $549.06M | $408.00M | $309.47M |
| Low Forecast | $543.69M | $586.63M | $476.35M | $397.55M | $415.71M | $535.44M | $448.35M | $337.81M | $374.13M | $433.17M | $443.45M | $307.10M | $351.65M | $330.17M | $349.79M | $279.18M | $400.46M | $433.41M | $326.91M | $240.67M | $408.05M | $311.95M | $282.01M | $310.12M | $420.95M | $529.17M | $478.49M | $366.04M | $272.00M | $206.32M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.24% | 1.33% | 1.16% | 1.12% | 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 $439.69M, with a range of $433.17M to $445.42M. RCI's average Quarter net income forecast represents a 303.38% 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 | 2 | 5 | 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 | $433.68M | $409.92M | $404.64M | $391.92M | $420.57M | $427.56M | $423.03M | $408.52M | $438.00M | $419.02M | $420.69M | $314.64M | $341.73M | $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 | $438.03M | $414.03M | $408.69M | $393.00M | $423.84M | $431.85M | $427.27M | $412.62M | $448.98M | $424.66M | $424.91M | $317.79M | $345.15M | $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 | $301.76M | $299.34M |
| Low Forecast | $428.74M | $405.25M | $400.02M | $390.83M | $417.30M | $422.69M | $418.21M | $403.87M | $427.03M | $411.70M | $415.90M | $311.05M | $337.83M | $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 | $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 $307.34M to $307.34M. 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 | 2 | 5 | 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 | $1.03 | $1.11 | $0.90 | $0.82 | $0.95 | $1.01 | $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 | $1.04 | $1.13 | $0.91 | $0.90 | $1.30 | $1.03 | $0.86 | $0.73 | $0.91 | $0.83 | $0.85 | $0.72 | $0.74 | $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 | $0.72 | $0.60 |
| Low Forecast | $1.01 | $1.09 | $0.89 | $0.74 | $0.78 | $1.00 | $0.84 | $0.71 | $0.70 | $0.81 | $0.83 | $0.70 | $0.72 | $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 | $0.48 | $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 $0.83. 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 |
|---|---|---|---|---|---|
| RCI | Rogers Communications | $31.67 | $70.00 | 121.03% | Buy |
| BCE | BCE | $23.58 | $49.96 | 111.87% | Hold |
| LBRDA | Liberty Broadband | $79.60 | $158.00 | 98.49% | Buy |
| TU | TELUS | $14.05 | $21.50 | 53.02% | Buy |
| VIV | Telefônica Brasil | $8.04 | $10.70 | 33.08% | Hold |
| AMX | América Móvil | $14.92 | $18.90 | 26.68% | Buy |
| VOD | Vodafone Group Public Limited Company | $8.63 | $9.50 | 10.08% | Buy |