Brokers Issue Forecasts for Roku's Q1 Earnings (NASDAQ:ROKU)

Roku, Inc. (NASDAQ:ROKU - Free Report) - Research analysts at Wedbush issued their Q1 2026 earnings per share estimates for shares of Roku in a research report issued to clients and investors on Monday, April 28th. Wedbush analyst A. Reese expects that the company will post earnings of ($0.14) per share for the quarter. Wedbush has a "Outperform" rating and a $100.00 price target on the stock. The consensus estimate for Roku's current full-year earnings is ($0.30) per share.

Roku (NASDAQ:ROKU - Get Free Report) last posted its earnings results on Thursday, February 13th. The company reported ($0.24) earnings per share for the quarter, topping the consensus estimate of ($0.44) by $0.20. The business had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.15 billion. Roku had a negative net margin of 3.15% and a negative return on equity of 5.34%.

Other equities research analysts have also issued reports about the company. Bank of America started coverage on Roku in a research report on Thursday, March 27th. They set a "buy" rating and a $100.00 price target on the stock. UBS Group decreased their target price on Roku from $90.00 to $72.00 and set a "neutral" rating on the stock in a report on Tuesday, April 15th. Redburn Atlantic raised Roku from a "neutral" rating to a "buy" rating and set a $100.00 price target for the company in a report on Monday, April 7th. Benchmark restated a "buy" rating and issued a $130.00 price objective on shares of Roku in a research report on Monday, April 21st. Finally, FBN Securities started coverage on shares of Roku in a research note on Friday, March 28th. They issued an "outperform" rating and a $93.00 target price for the company. One equities research analyst has rated the stock with a sell rating, six have assigned 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.com, Roku presently has a consensus rating of "Moderate Buy" and an average target price of $90.39.

Roku Stock Performance

Roku stock traded down $1.10 during trading hours on Tuesday, hitting $68.18. 4,146,136 shares of the stock were exchanged, compared to its average volume of 3,684,022. Roku has a 12 month low of $48.33 and a 12 month high of $104.96. The business's 50-day moving average is $70.04 and its two-hundred day moving average is $75.41. The stock has a market capitalization of $9.95 billion, a P/E ratio of -76.61 and a beta of 2.17.

Insider Activity

In related news, CEO Anthony J. Wood sold 25,000 shares of the business's stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $87.93, for a total transaction of $2,198,250.00. Following the completion of the transaction, the chief executive officer now owns 26,538 shares in the company, valued at approximately $2,333,486.34. The trade was a 48.51 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Dan Jedda sold 1,000 shares of the stock in a transaction on Thursday, March 20th. The stock was sold at an average price of $75.00, for a total transaction of $75,000.00. Following the completion of the sale, the chief financial officer now owns 68,843 shares in the company, valued at approximately $5,163,225. This trade represents a 1.43 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 71,905 shares of company stock valued at $6,560,876 in the last ninety days. 13.98% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. FMR LLC raised 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 worth $1,426,134,000 after purchasing an additional 4,613,570 shares during the period. Vanguard Group Inc. raised 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 worth $910,597,000 after buying an additional 185,676 shares during the period. Marshall Wace LLP lifted its stake in Roku by 663.9% in the fourth quarter. Marshall Wace LLP now owns 2,335,813 shares of the company's stock valued at $173,644,000 after buying an additional 2,030,036 shares in the last quarter. T. Rowe Price Investment Management Inc. boosted its holdings in shares of Roku by 10.5% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 2,269,751 shares of the company's stock valued at $168,734,000 after buying an additional 215,841 shares during the period. Finally, Geode Capital Management LLC increased its position in shares of Roku by 2.7% during the fourth quarter. Geode Capital Management LLC now owns 2,147,259 shares of the company's stock worth $159,353,000 after acquiring an additional 56,820 shares in the last quarter. 86.30% of the stock is owned by institutional investors and hedge funds.

About Roku

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.