Research Analysts Issue Forecasts for Roku Q2 Earnings

Roku, Inc. (NASDAQ:ROKU - Free Report) - Wedbush issued their Q2 2026 earnings per share (EPS) estimates for shares of Roku in a research note issued on Monday, April 28th. Wedbush analyst A. Reese expects that the company will post earnings per share of $0.00 for the quarter. Wedbush currently has a "Outperform" rating and a $100.00 target price on the stock. The consensus estimate for Roku's current full-year earnings is ($0.30) per share. Wedbush also issued estimates for Roku's Q3 2026 earnings at $0.42 EPS and Q4 2026 earnings at $0.47 EPS.

Roku (NASDAQ:ROKU - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The company reported ($0.19) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.27) by $0.08. Roku had a negative return on equity of 5.34% and a negative net margin of 3.15%. The firm had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1.01 billion. During the same quarter in the prior year, the company earned ($0.35) earnings per share. The business's revenue for the quarter was up 15.8% compared to the same quarter last year.

A number of other brokerages have also commented on ROKU. Piper Sandler began coverage on shares of Roku in a research note on Thursday, April 17th. They issued a "neutral" rating and a $65.00 price target on the stock. Rosenblatt Securities lowered their target price on Roku from $100.00 to $75.00 and set a "neutral" rating on the stock in a research note on Friday. Loop Capital decreased their price objective on Roku from $90.00 to $80.00 and set a "hold" rating on the stock in a report on Friday. Benchmark reissued a "buy" rating and set a $130.00 target price on shares of Roku in a report on Friday. Finally, JPMorgan Chase & Co. reduced their target price on shares of Roku from $115.00 to $75.00 and set an "overweight" rating for the company in a research report on Tuesday, April 22nd. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, sixteen have given a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $89.46.

Roku Trading Down 8.5 %

Shares of NASDAQ:ROKU traded down $5.72 on Wednesday, hitting $61.55. The company had a trading volume of 13,858,009 shares, compared to its average volume of 3,752,270. The stock has a 50 day moving average price of $68.66 and a 200 day moving average price of $75.16. The stock has a market cap of $8.98 billion, a price-to-earnings ratio of -69.16 and a beta of 2.06. Roku has a 1-year low of $48.33 and a 1-year high of $104.96.

Institutional Trading of Roku

Several institutional investors have recently made changes to their positions in the business. FMR LLC grew its position in shares of Roku by 31.7% during the fourth quarter. FMR LLC now owns 19,183,942 shares of the company's stock valued at $1,426,134,000 after purchasing an additional 4,613,570 shares in the last quarter. Vanguard Group Inc. grew its holdings in Roku by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 12,249,091 shares of the company's stock valued at $910,597,000 after buying an additional 185,676 shares in the last quarter. Marshall Wace LLP increased its stake in Roku by 663.9% in the 4th quarter. Marshall Wace LLP now owns 2,335,813 shares of the company's stock worth $173,644,000 after acquiring an additional 2,030,036 shares during the last quarter. T. Rowe Price Investment Management Inc. raised its holdings in shares of Roku by 10.5% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,269,751 shares of the company's stock worth $168,734,000 after acquiring an additional 215,841 shares in the last quarter. Finally, Geode Capital Management LLC boosted its position in shares of Roku by 2.7% during the 4th quarter. Geode Capital Management LLC now owns 2,147,259 shares of the company's stock valued at $159,353,000 after acquiring an additional 56,820 shares during the last quarter. Hedge funds and other institutional investors own 86.30% of the company's stock.

Insider Activity at Roku

In other news, CEO Anthony J. Wood sold 4,600 shares of Roku stock in a transaction on Thursday, March 20th. The shares were sold at an average price of $75.00, for a total transaction of $345,000.00. Following the transaction, the chief executive officer now owns 6,243 shares in the company, valued at $468,225. This trade represents a 42.42 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Dan Jedda sold 1,000 shares of the company's stock in a transaction dated Thursday, March 20th. The stock was sold at an average price of $75.00, for a total value of $75,000.00. Following the completion of the sale, the chief financial officer now owns 68,843 shares of the company's stock, valued at approximately $5,163,225. The trade was a 1.43 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 72,111 shares of company stock valued at $6,575,362. 13.98% of the stock is owned by insiders.

Roku Company Profile

Roku, Inc, together with its subsidiaries, operates a TV streaming platform in the United states and internationally. The company operates in two segments, Platform and Devices. Its streaming platform allows users to find and access TV shows, movies, news, sports, and others. The Platform segment offers digital advertising, including direct and programmatic video advertising, media and entertainment promotional spending, and related services; and streaming services distribution, such as subscription and transaction revenue shares, and sale of premium subscriptions and branded app buttons on remote controls.