What is William Blair's Forecast for Roku Q2 Earnings?

Roku, Inc. (NASDAQ:ROKU - Free Report) - Analysts at William Blair issued their Q2 2026 earnings per share estimates for Roku in a report released on Thursday, May 1st. William Blair analyst R. Schackart expects that the company will earn $0.04 per share for the quarter. The consensus estimate for Roku's current full-year earnings is ($0.30) per share.

A number of other research analysts also recently issued reports on ROKU. JMP Securities reissued a "market outperform" rating and issued a $95.00 price objective on shares of Roku in a research note on Friday, May 2nd. Guggenheim reaffirmed a "buy" rating and set a $100.00 price objective on shares of Roku in a research report on Friday, May 2nd. Pivotal Research cut their target price on shares of Roku from $125.00 to $100.00 and set a "buy" rating on the stock in a research note on Friday, May 2nd. Loop Capital cut their price target on Roku from $90.00 to $80.00 and set a "hold" rating on the stock in a report on Friday, May 2nd. Finally, Rosenblatt Securities cut their target price on Roku from $100.00 to $75.00 and set a "neutral" rating on the stock in a report on Friday, May 2nd. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $87.93.

Roku Stock Performance

Shares of NASDAQ:ROKU traded up $0.65 during trading on Monday, reaching $60.54. The stock had a trading volume of 582,581 shares, compared to its average volume of 3,752,248. Roku has a 52 week low of $48.33 and a 52 week high of $104.96. The firm's fifty day moving average is $67.26 and its 200 day moving average is $74.80. The stock has a market cap of $8.84 billion, a price-to-earnings ratio of -68.02 and a beta of 2.06.

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

Hedge Funds Weigh In On Roku

A number of large investors have recently modified their holdings of ROKU. FMR LLC grew its position in 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 acquiring an additional 4,613,570 shares during the last quarter. Vanguard Group Inc. raised its position in Roku by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 12,249,091 shares of the company's stock worth $910,597,000 after purchasing 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 worth $173,644,000 after purchasing an additional 2,030,036 shares during the last quarter. T. Rowe Price Investment Management Inc. boosted its position in Roku by 10.5% during 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 grew its stake 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 valued at $159,353,000 after buying an additional 56,820 shares during the last quarter. 86.30% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, 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 value of $75,000.00. Following the transaction, the chief financial officer now owns 68,843 shares of the company's stock, valued at $5,163,225. This represents a 1.43 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Charles Collier sold 7,181 shares of Roku stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $78.25, for a total value of $561,913.25. Following the sale, the insider now directly owns 7,380 shares of the company's stock, valued at approximately $577,485. This trade represents a 49.32 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 72,111 shares of company stock worth $6,575,362. Insiders own 13.98% of the company's stock.

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.