Rockwell Automation Price Target Raised to $350 at TD Cowen

Analysts see upside balanced by valuation and execution risks in the near term.

Published on Feb. 22, 2026

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TD Cowen raised their price target on Rockwell Automation (NYSE:ROK) from $330.00 to $350.00 and maintained a "hold" rating on the stock. The investment firm cited stronger longer-term earnings expectations that could support valuation expansion, but also noted near-term execution risks that temper the outlook.

Why it matters

Rockwell Automation is a major industrial automation and digital transformation company, so changes to its stock price target and analyst ratings can impact investor sentiment and the company's competitive positioning within the sector.

The details

In its research report, TD Cowen increased its price target on Rockwell Automation from $330.00 to $350.00, while keeping a "hold" rating on the stock. The analysts cited Zacks Research's raised FY2027 EPS view to $13.36 (from $12.71) and nudged FY2026 to $11.81, signaling stronger longer-term earnings expectations that could support valuation expansion. However, the firm also noted Zacks' material trim to Q4 2026 EPS from $3.46 to $3.23, indicating mixed near-term momentum that introduces some execution risk.

  • TD Cowen released its updated price target and rating on Rockwell Automation on Friday, February 22, 2026.

The players

TD Cowen

An investment firm that covers Rockwell Automation and provided the updated price target and rating.

Rockwell Automation

A global industrial automation and digital transformation company headquartered in Milwaukee, Wisconsin.

Zacks Research

An investment research firm that provided earnings estimates and forecasts referenced in the TD Cowen report.

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What’s next

The analysts at TD Cowen will continue to monitor Rockwell Automation's financial performance and provide updates to their price target and rating as warranted.

The takeaway

Rockwell Automation's stock price target increase reflects analysts' optimism about the company's long-term earnings potential, but near-term execution risks and valuation concerns temper the overall outlook, leading to a 'hold' rating from TD Cowen.