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Rogers Communications Posts Strong Q1 2026 Growth and Invests Heavily in Canadian Networks

Tipranks - Thu Apr 23, 8:26AM CDT

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An update from Rogers Communication ( ($TSE:RCI.B) ) is now available.

Rogers Communications filed a Form 6-K for April 2026, providing its first-quarter 2026 MD&A, interim financial statements, and earnings release signed on April 22, 2026. The documents outline performance for the quarter ended March 31, 2026 and confirm the company remains listed on the TSX and NYSE.

In the first quarter of 2026, Rogers highlighted strategic progress across its networks, products, brand, and financials, including upgrading Fido customers to 5G at no extra cost and launching Canada’s first satellite-to-mobile IoT service. The company reported 10% service revenue growth, 5% adjusted EBITDA growth, strong free cash flow of $776 million, a lower 3.8x leverage ratio, and increased engagement in its media assets, alongside continued heavy capital investment of $808 million in Canadian network infrastructure and new DEIB and youth-focused social initiatives.

The most recent analyst rating on ($TSE:RCI.B) stock is a Buy with a C$55.50 price target. To see the full list of analyst forecasts on Rogers Communication stock, see the TSE:RCI.B Stock Forecast page.

Spark’s Take on RCI.B Stock

According to Spark, TipRanks’ AI Analyst, RCI.B is a Neutral.

The score is driven primarily by solid fundamentals and a constructive outlook (improving free cash flow, margin performance, and continued deleveraging), supported by very attractive valuation. These positives are moderated by high leverage risk and weak current technical trend signals.

To see Spark’s full report on RCI.B stock, click here.

More about Rogers Communication

Rogers Communications Inc. is a Canadian telecommunications and media company operating through three main segments: Wireless, Cable, and Media. Its wireless business serves consumers, businesses, the public sector, and wholesale providers, while its cable unit offers internet, television, telephony, satellite, and fibre-based network services. The media division includes sports media and entertainment assets, television and radio broadcasting, specialty channels, digital media, and sports team ownership.

Average Trading Volume: 1,912,254

Technical Sentiment Signal: Sell

Current Market Cap: C$24.85B

For a thorough assessment of RCI.B stock, go to TipRanks’ Stock Analysis page.

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