Rockwell Automation jumps after raising 2025 profit forecast

Rockwell Automation

07/05/2025 15:07

Updates

** Rockwell Automation's ROK.N shares rise 12% to $283

** Company raises 2025 profit forecast, banking on stronger margins and demand for automation products

** ROK expects annual adj. profit/share to be between $9.20 and $10.20, up from its prior expectation range of $8.60 to $9.80

** Company posts Q2 adj. profit of $2.45 per share vs est. $2.09/share, according to data compiled by LSEG

** Q2 sales fall nearly 6% to about $2 bln, vs est. $1.96 bln

** 13 of 29 brokerages rate the stock "buy" or higher, 13 "hold" and 3 "sell"; median PT $275

** Including session moves, shares are down nearly 1% YTD

(Reporting by Apratim Sarkar)

((Apratim.Sarkar@thomsonreuters.com))