ROK
Rockwell Automation Inc
NYSE: ROK · INDUSTRIALS · SPECIALTY INDUSTRIAL MACHINERY
$459.34
+0.38% today
Updated 2026-06-12
Market cap
$51.11B
P/E ratio
47.60
P/S ratio
5.81x
EPS (TTM)
$9.65
Dividend yield
1.18%
52W range
$301 – $468
Volume
0.7M
Rockwell Automation Inc (ROK) Financial Forecast & Price Target 2030
Research-backed projections from analyst consensus, management guidance, and sector analysis.
Research-backed ROK price target 2030 projection accounting for share dilution, balance sheet debt, and time value of money.
Current price
$459.34
Today
Analyst consensus
$461.00
+0.36% · 12M
2030 Base
$457.67
-0.36% future
NPV today
$259.47
@ 13% WACC
32 analysts:
10 Buy10 Hold1 Sell
Management guidance
Management has not provided explicit multi-year revenue targets through 2030. Latest FY2026 guidance (Sep 30, 2026) implies ~$9.05B revenue (+8.46% YoY from $8.34B in FY2025). Company is focused on AI-driven industrial automation and digital transformation as core growth drivers, with recurring software/SaaS revenue becoming increasingly important, but no specific $X billion target stated for 2030.
Sources: Management guidance, analyst consensus, sector analysishigh confidence
ROK · Rockwell Automation Inc · Revenue & price projection · 2023–2030E
Actual / 2030 target Projected revenue Base case price Bull to bear range
Bear case (2030)
$152.46
NPV today: $86.44
Base case (2030)
$457.67
NPV today: $259.47
Bull case (2030)
$915.48
NPV today: $519.02
WallStSmart.com
ROK financial forecast · Research-backed projections
| Metric | 2025 | 2026 (E) | 2027 (E) | 2028 (E) | 2029 (E) | 2030 (E) ★ |
|---|---|---|---|---|---|---|
| Revenue | $8.3B | $9.3B | $10.9B | $12.8B | $14.9B | $17.1B |
| Revenue growth | 1.0% | 11.4% | 17.7% | 17.3% | 16.3% | 14.4% |
| Net margin | — | 17.0% | 18.2% | 18.7% | 18.9% | 18.9% |
| EPS | $2.69 | $14.20 | $17.80 | $21.50 | $25.20 | $28.90 |
| Diluted shares | — | 111M | 112M | 112M | 112M | 112M |
| Net debt | — | $2.85B | $2.29B | $1.64B | $882.47M | $15.71M |
| P/S multiple | — | 3.0x | 3.0x | 3.0x | 3.0x | 3.0x |
| Implied price (base) | — | $224.70 | $273.53 | $330.05 | $392.77 | $457.67 |
★ 2030E is the model's terminal target year. Implied price = (Revenue × P/S − Net debt) ÷ Diluted shares.
Scenario detail · Three drivers, three outcomes
| 2030E driver | Bear | Base | Bull |
|---|---|---|---|
| Revenue | $17.1B | $17.1B | $17.1B |
| P/S multiple | 1.0x | 3.0x | 6.0x |
| Diluted shares | 112M | 112M | 112M |
| Net debt | $15.71M | $15.71M | $15.71M |
| Implied P/E † | 5x | 16x | 32x |
| 2030 Price | $152.46 | $457.67 | $915.48 |
| NPV @ 13% | $86.44 | $259.47 | $519.02 |
† Implied P/E: Multiples remain elevated across all three scenarios because ROK is valued primarily on revenue scale during its growth phase, not near-term earnings power. Lower P/E in the bear case reflects multiple compression, but the absolute level stays high since 2030E still represents a hypergrowth-to-mature transition year.
EV to per-share bridge · How we get to $457.67 base case
ROK catalysts and risks
Growth catalysts
+ 90% of manufacturers now view digital transformation as essential (2026 State of Smart Manufacturing Report) — drives sustainable demand for ROK solutions
+ AI adoption scaling from pilot to production across global manufacturers; ROK positioned as orchestrator of AI-enabled factories through software/controls
+ Expanding EtherNet/IP ecosystem and IIoT connectivity driving recurring software/services revenue growth (higher margin, stickier than hardware)
+ Hyperscaler capex acceleration (Meta, Microsoft, AWS) driving demand for edge automation, cybersecurity, and data integration — ROK's sweet spot
+ Cybersecurity as accelerating AI application — ROK expanding security-focused offerings to manufacturers facing rising cyber exposure
Key risks
- Valuation risk: P/E 47.2x and P/S 5.5x are elevated for industrial machinery; multiple compression in rising-rate or recession scenario could impair stock despite revenue growth
- Macro cyclicality: Industrial automation and CapEx spending are procyclical; manufacturing slowdown, recession, or customer capex delays would reduce growth rates
- Competitive intensity: Emerson (EMR), Honeywell (HON), Siemens increasingly competing in AI-driven industrial automation; ROK must maintain technology moat
- Execution risk on software/SaaS transition: recurring revenue model transition requires strong go-to-market and retention; stumble could decelerate growth
- Geographic/geopolitical: European and Asian manufacturing exposure; tariff/trade disruption, China slowdown, or supply chain shock could depress growth
Methodology · Rockwell Automation Inc 2030 stock forecast model
Rockwell Automation Inc 2030 price target is calculated using WallStSmart's research model. Revenue projections are derived from analyst consensus across 32 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts. The model is built on five core components:
| 1. Share dilution | Projected from per-ticker schedule of SBC + equity raise activity, compounding year by year (1% cumulative for ROK by 2030) |
| 2. Net debt | EV minus net debt yields equity value; debt projected from capex cycle trajectory ($15.71M by 2030) |
| 3. Time value | NPV calculated using 13% WACC (CAPM: beta 1.557) |
| 4. Multiple framework | P/S compresses with scale: bear 1.0x / base 3.0x / bull 6.0x |
| 5. Scenario design | Bull/Base/Bear vary revenue, margin, shares, debt, and multiple independently |
WallStSmart research model · Not financial advice · Past performance is not indicative of future results · Last researched: May 20, 2026.
ROK price target FAQ
What is the ROK price target for 2030?
WallStSmart's Rockwell Automation Inc 2030 base case is $457.67 per share, with a bull case of $915.48 and bear case of $152.46. The NPV of the base case discounted to today at 13% WACC is $259.47.
How is the Rockwell Automation Inc 2030 stock forecast calculated?
The ROK 2030 projection multiplies projected revenue by a growth-adjusted P/S multiple to derive enterprise value, subtracts projected net debt to get equity value, then divides by diluted shares outstanding accounting for dilution from stock-based compensation and equity raises.
Why does the ROK price target account for dilution?
Rockwell Automation Inc is projected to grow diluted share count from 111M to 112M by 2030 (a 1% increase) through stock-based compensation and capital raises. Ignoring this would inflate the price target by approximately 1%.
What is the analyst consensus on ROK stock?
32 analysts cover ROK with an average 12-month price target of $461.00. The 2030 projection extends this framework with longer-horizon assumptions including dilution and time value of money.