Rogers Communications stock fell 1.46 percent on October 5
Published on 10/08/2026 at 04:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Rogers Communications stock (ISIN CA7751092007) traded at CAD 43.30 on the TSX on October 5, 2026, down 1.46 percent from the prior close. The next analyst checkpoint arrived on October 7, when Desjardins kept its Buy rating but lowered the target from CAD 58.00 to CAD 55.00, according to The Globe and Mail.
Desjardins trims target to CAD 55.00
The target reduction leaves CAD 55.00 above the October 5 TSX price, but it also lowers the valuation ceiling used by one named brokerage. The change followed the broader reassessment of Canadian telecommunications targets reported on October 7 by The Globe and Mail.
Q2 growth came with a charge
Rogers reported second-quarter service revenue of CAD 5.1 billion, up 8 percent year over year, while adjusted EBITDA rose 3 percent to CAD 2.4 billion, according to Yahoo Finance in its July 22, 2026 earnings transcript.
The quarter also produced CAD 1.0 billion of free cash flow, up 6 percent year over year, and capital expenditures fell 16 percent. Media revenue reached CAD 1.2 billion, up 53 percent, while organic sports and media revenue increased 13 percent, the transcript said.
Reported results require a split reading: Rogers posted a CAD 726 million net loss in Q2 after a CAD 1.03 billion non-cash charge linked to the MLSE transaction, while adjusted EPS reached CAD 1.15 versus CAD 1.14 a year earlier, according to The Globe and Mail.
Consensus target stays above CAD 59
Stockopedia lists an overall Buy consensus and a CAD 59.43 analyst target. Its published comparison places that target 35.25 percent above a CAD 43.94 reference price, while the page identifies Rogers Communications as a Toronto Stock Exchange listing with ticker RCI.B.
The contrast matters for investors: operating cash flow and service revenue were growing in Q2, yet the analyst target moved lower as the market digested sports valuations, leverage and the cost of the MLSE transaction.
October 23 is the next checkpoint
Rogers has scheduled its Q3 2026 results conference call for October 23, 2026, at 8:00 a.m. ET, according to the company's investor-relations page. That date gives the stock its next formal test of service revenue, adjusted EBITDA and cash-flow delivery.
Rogers Communications stock was last quoted at CAD 43.30 on the TSX on October 5, 2026, with a 52-week range of CAD 42.95 to CAD 56.27.
Rogers Communications stock facts
- Company: Rogers Communications Inc.
- ISIN: CA7751092007
- Ticker: RCI.B
- Trading venue: Toronto Stock Exchange
- Price (as of October 5, 2026, 4:00 p.m. ET): CAD 43.30
- 52-week range: CAD 42.95-CAD 56.27
- Sector / Industry: Communication Services / Telecommunications Services
Upcoming dates for Rogers Communications stock
- October 23, 2026: Q3 2026 results and conference call
