Mizuho has adjusted its outlook on Rockwell Automation (ROK, Financial), reducing the stock's price target from $270 to $245 while maintaining a Neutral rating. This adjustment comes as the company prepares for the upcoming earnings season, where the firm anticipates a deceleration in demand for electrical equipment and multi-industry products.
The shift in expectations is largely attributed to the potential financial impacts of escalating tariffs, especially those involving China. Although first-quarter performance checks have shown results generally in line with projections, these developments have overshadowed the current quarter. Corporations are responding to these tariff increases by raising prices, yet Mizuho warns of potential revenue leakage and sustained unmitigated challenges.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 23 analysts, the average target price for Rockwell Automation Inc (ROK, Financial) is $284.83 with a high estimate of $365.00 and a low estimate of $215.00. The average target implies an upside of 25.52% from the current price of $226.93. More detailed estimate data can be found on the Rockwell Automation Inc (ROK) Forecast page.
Based on the consensus recommendation from 29 brokerage firms, Rockwell Automation Inc's (ROK, Financial) average brokerage recommendation is currently 2.4, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Rockwell Automation Inc (ROK, Financial) in one year is $284.85, suggesting a upside of 25.52% from the current price of $226.93. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Rockwell Automation Inc (ROK) Summary page.