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Rogers Corporation(ROG)

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EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL
3-STAR RATING
PASS
LAST CLOSE
$121.96
11/06/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
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Upturn Stock price based on last close iconStock price based on last close
Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Upturn Advisory & Investor View for ROG

11/06/2026: ROG (3-star) is currently NOT-A-BUY. Pass it for now.

Rogers Corporation is a technology-focused manufacturer of advanced materials used in high-frequency communications, electric vehicles, and industrial electronics. The company has a leading position in specialized laminates and thermal management materials, which are essential for 5G infrastructure and the electrification of transportation. Its primary growth story is built on these secular trends, offering investors exposure to critical components in modern technology. However, investors must be aware of risks such as cyclical demand in the semiconductor and industrial sectors, as well as competitive pressure in material science. The stock is best suited for growth-oriented investors and does not pay a regular dividend, making it less appropriate for income-seeking portfolios.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorStrong fitThe company is positioned to benefit from secular growth trends in EV and 5G infrastructure.
Momentum investorMixed fitMomentum suitability is conditional on positive technical trends and successful navigation of industry cyclicality.
Value investorMixed fitValuation fluctuates based on the cyclical nature of the electronic component end-markets.
Dividend investorWeak fitThe company does not pay a regular dividend, prioritizing capital reinvestment.
Low-risk investorWeak fitExposure to cyclical industrial and semiconductor markets creates inherent price volatility.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityMedium / highThe stock is subject to cyclical industry spending patterns.
Valuation riskMediumMarket pricing often fluctuates based on growth expectations for specific tech segments.
Competition risk (Material science competition)Medium / highGlobal competitors continue to innovate and pressure pricing.
Business qualityStrongRogers possesses high-value intellectual property in critical electronic materials.
Dividend incomeLow / noneThe absence of a dividend means total return depends entirely on price appreciation.
Execution riskMediumScaling new materials for high-volume automotive and industrial applications is complex.

Price Behavior

Strong Uptrend
PRICE PATH

Strong Uptrend

The stock has maintained a strong upward price trend across the last three quarters.

Moderately Choppy
PRICE STABILITY

Moderately Choppy

The stock has experienced noticeable price swings while retaining some directional structure.

Analysis of Past Performance

Type Stock
Historic Profit 6.16%
Avg. Invested days 47
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 2.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/06/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
ROG receives a 3-star rating, supported by solid analyst coverage. The rating is constrained by soft unit economics, and weak price momentum.

Company Fundamentals

★★★★★
ROG has moderate overall fundamentals (3 stars), with moderate financial health, soft growth momentum, and solid ownership. In FY2025 versus FY2024, solid cash generation (FCF margin 8.8%) is partially offset by negative earnings growth (-336.8%), slightly negative revenue growth (-2.3%), weak profitability (net margin -7.6%).

Financial Health Rating

★★★★★
ROG's financial health is supported by solid liquidity, including working-capital and asset support (WC/assets 26.1%). Profitability is soft (2 stars), which helps explain the 3-star overall score.

Growth Momentum Score

★★★★★
Free-cash-flow growth is ROG's strongest growth driver at +0.1% FY2025 versus FY2024 (moderate, 3 stars). By comparison, while revenue growth (-2.3%, slightly negative) and earnings growth (-336.8%, negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 103.8% and approximately 93.9% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 1.22% provides only moderate management-shareholder alignment.

Top 5 Institutional Investors

BlackRock Inc 19.10%
Vanguard Portfolio Management, LLC 7.65%
Capital Research Global Investors 6.26%
NORGES BANK 5.35%
Vanguard Capital Management, LLC 4.44%

Unit Economics (Per $1K Revenue)

★★★★★
ROG generates approximately $317 of gross profit, $64 of operating income, and $88 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Soft margins explain the 2-star rating, with weak cash conversion and soft capital efficiency.

Economic Dimensions

★★★★★
Effective Tax Rate: -37.03% (Tax Credit)

Quantitative Style Profile

★★★★★
ROG has a liquid, relatively low-volatility profile. Weak momentum is the primary drawback, while valuation that is moderately attractive rather than deeply discounted.

Style Classification

Quality Focused

Low VolatilitySmall / Mid Cap RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 2.17B USD
Price to earnings Ratio 48.78
1Y Target Price 198.33
Price to earnings Ratio 48.78
1Y Target Price 198.33
Volume (30-day avg) 267.6K shares
Beta 0.48
52 Weeks Range 75.14 - 169.00
Updated Date 11/08/2026
52 Weeks Range 75.14 - 169.00
Updated Date 11/08/2026
Dividends yield (FY) -
Basic EPS (TTM) 2.5

How Company Makes Money

Business areaWhat it includesRetail investor read
Advanced Electronics SolutionsHigh-frequency laminates for 5G and radar.Revenue driven by the build-out of wireless and automotive networks.
Elastomeric Material SolutionsSpecialty foams and sealing components.Provides stable demand across diverse industrial and medical applications.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date 2026-10-27
When After Market
Estimate 1.19
Actual 1.39

Profitability

Profit Margin 5.3%
Operating Margin (TTM) 13.17%

Management Effectiveness

Return on Assets (TTM) 3.59%
Return on Equity (TTM) 3.74%

Valuation

Trailing PE 48.78
Forward PE 6.47
Enterprise Value 1.95B
Price to Sales(TTM) 2.54
Enterprise Value 1.95B
Price to Sales(TTM) 2.54
Enterprise Value to Revenue 2.28
Enterprise Value to EBITDA 15.09
Shares Outstanding 17.80M
Shares Floating 16.71M
Shares Outstanding 17.80M
Shares Floating 16.71M
Percent Insiders 1.22
Percent Institutions 103.79

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

Form CRS provides a relationship summary of our automated advisory services, flat subscription fees, and conflicts of interest. Form ADV Part 2A brochure contains complete details on services, billing, and disclosures. If any summary differs from our current regulatory filings, the filed Form ADV controls.