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S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Asian shares mostly rise after House approves debt ceiling deal
Having Trouble in Your Trading? (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Asian shares mostly rise after House approves debt ceiling deal
Having Trouble in Your Trading? (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Asian shares mostly rise after House approves debt ceiling deal
Having Trouble in Your Trading? (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
NASDAQ:ROKU

Roku (ROKU) Stock Forecast, Price & News

$58.20
+0.47 (+0.81%)
(As of 05/31/2023 ET)
Compare
Today's Range
$56.30
$58.31
50-Day Range
$52.23
$66.12
52-Week Range
$38.26
$105.85
Volume
4.34 million shs
Average Volume
8.00 million shs
Market Capitalization
$8.19 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$71.04

Roku MarketRank™ Forecast

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
22.1% Upside
$71.04 Price Target
Short Interest
Bearish
8.94% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.20mentions of Roku in the last 14 days
Based on 15 Articles This Week
Insider Trading
Selling Shares
$958,909 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($5.23) to ($3.29) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.97 out of 5 stars

Consumer Discretionary Sector

208th out of 277 stocks

Cable & Other Pay Television Services Industry

15th out of 22 stocks


ROKU stock logo

About Roku (NASDAQ:ROKU) Stock

Roku Inc. is an American technology company specializing in designing and manufacturing digital media players and licensing its proprietary operating system for use in smart TVs. The company was founded in 2002 and is headquartered in San Jose, California. Roku's products offer access to streaming services such as Netflix, Hulu, and Amazon Prime Video. In addition to its hardware products, Roku generates revenue from advertising and content distribution.

Roku's leadership team is headed by CEO Anthony Wood, the company's founder. Wood has over 25 years of experience in the technology industry and has been recognized for his contributions to the field. Other key management team members include CFO Steve Louden and President of Media Charlie Collier. 

Roku's revenue has been climbing yearly, with net income bouncing between small yearly gains and losses. Roku's gross profit margin has remained at approximately 30%, and the company has an aversion to long-term debt. Roku's price-to-earnings and price-to-book ratios are significantly higher than industry averages, and their metrics are high compared to industry peers. This could reflect the market's expectation of future growth for Roku.  Roku's stock price has struggled recently, with a 5-year average annual return of 18%. The stock has experienced significant volatility, with sharp price swings in response to news and market trends. 

The streaming media industry has grown rapidly in recent years, with increasing consumer trends of cutting the cord on traditional cable and satellite TV services. The number of U.S. households subscribing to a streaming TV service is expected to reach 107.5 million by the end of 2023, up from 82.7 million in 2020. The streaming market is highly competitive, with companies like Netflix, Amazon, and Disney all vying for viewership. With competitors including Apple, Amazon, and Google, Roku competes in the market's hardware and software segments. The industry is also subject to regulatory and political pressures, with ongoing debates over net neutrality and content moderation.

Roku's growth prospects are tied to the broader streaming media market, which should continue expanding in the coming years. The company has several potential growth opportunities, including expanding its international presence, launching new hardware products, and expanding advertising offerings. Roku has invested in original content, which could differentiate it from competitors. The company has also partnered with TV manufacturers to integrate its software into more devices.

Roku faces several risks and challenges, including increasing competition in the streaming media market, changes in consumer preferences, and regulatory pressures. The company's success is heavily dependent on the popularity of its platform, and the content available on it, which shifts in consumer behavior or changes in the industry could impact.

In addition, the company's advertising business is subject to regulatory scrutiny, particularly around privacy concerns and data collection. Roku has also faced pressure from content providers, who have sought to negotiate higher fees for access to their content. Any disruption in the availability of popular content on the platform could impact Roku's user engagement and revenue.

In addition, Roku faces risks related to its hardware business, which is subject to competition from more prominent and established players such as Apple and Amazon. The company's success in this segment is tied to its ability to offer innovative and competitive products at a reasonable price point. Failure to do so could result in declining sales and profitability.

Roku is also subject to macroeconomic risks, such as changes in interest rates or credit availability. The company's growth prospects could be impacted by a downturn in the economy, leading to lower advertising spending and consumer demand for its products.

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ROKU Stock News Headlines

“Amazon Loophole” could hand you $28,544 in “royalty” payouts
Thanks to a little-known IRS loophole… Regular Americans can collect up to $28,544 (or more) in payouts from what Brad Thomas calls the “Amazon secret royalty program…” See how to collect the next payout before the strict cutoff deadline.
“Amazon Loophole” could hand you $28,544 in “royalty” payouts
Thanks to a little-known IRS loophole… Regular Americans can collect up to $28,544 (or more) in payouts from what Brad Thomas calls the “Amazon secret royalty program…” See how to collect the next payout before the strict cutoff deadline.
Roku (NASDAQ:ROKU) Trading 3% Higher
Roku: Better To Avoid This Pain Train
See More Headlines
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ROKU Company Calendar

Last Earnings
4/26/2023
Today
5/31/2023
Next Earnings (Estimated)
7/27/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Cable & other pay television services
Sub-Industry
N/A
Current Symbol
NASDAQ:ROKU
Fax
N/A
Employees
3,600
Year Founded
2002

Price Target and Rating

Average Stock Price Forecast
$71.04
High Stock Price Forecast
$115.00
Low Stock Price Forecast
$41.00
Forecasted Upside/Downside
+22.1%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
24 Analysts

Profitability

Net Income
$-498,010,000.00
Pretax Margin
-21.00%

Debt

Sales & Book Value

Annual Sales
$3.13 billion
Book Value
$18.12 per share

Miscellaneous

Free Float
121,371,000
Market Cap
$8.19 billion
Optionable
Optionable
Beta
1.72

Social Links


Key Executives

  • Anthony J. WoodAnthony J. Wood
    Chairman, President & Chief Executive Officer
  • Scott de Haas
    Senior VP-Product Engineering & Operations
  • Dan Jedda
    Chief Financial Officer
  • Stephen H. KayStephen H. Kay
    Secretary, Senior Vice President & General Counsel
  • Gil Fuchsberg
    SVP













ROKU Stock - Frequently Asked Questions

Should I buy or sell Roku stock right now?

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Roku in the last twelve months. There are currently 4 sell ratings, 10 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" ROKU shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ROKU, but not buy additional shares or sell existing shares.
View ROKU analyst ratings
or view top-rated stocks.

What is Roku's stock price forecast for 2023?

24 analysts have issued 12 month price objectives for Roku's shares. Their ROKU share price forecasts range from $41.00 to $115.00. On average, they anticipate the company's share price to reach $71.04 in the next twelve months. This suggests a possible upside of 22.1% from the stock's current price.
View analysts price targets for ROKU
or view top-rated stocks among Wall Street analysts.

How have ROKU shares performed in 2023?

Roku's stock was trading at $40.70 at the start of the year. Since then, ROKU shares have increased by 43.0% and is now trading at $58.20.
View the best growth stocks for 2023 here
.

When is Roku's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our ROKU earnings forecast
.

How were Roku's earnings last quarter?

Roku, Inc. (NASDAQ:ROKU) released its earnings results on Wednesday, April, 26th. The company reported ($1.38) earnings per share for the quarter, beating analysts' consensus estimates of ($1.44) by $0.06. The business had revenue of $741 million for the quarter, compared to analysts' expectations of $707.59 million. Roku had a negative trailing twelve-month return on equity of 24.71% and a negative net margin of 21.23%. Roku's revenue for the quarter was up 1.0% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.19) earnings per share.

What guidance has Roku issued on next quarter's earnings?

Roku updated its second quarter 2023 earnings guidance on Thursday, April, 27th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $770.00 million-$770.00 million, compared to the consensus revenue estimate of $767.55 million.

What is Anthony Wood's approval rating as Roku's CEO?

179 employees have rated Roku Chief Executive Officer Anthony Wood on Glassdoor.com. Anthony Wood has an approval rating of 84% among the company's employees.

What other stocks do shareholders of Roku own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Roku investors own include NVIDIA (NVDA), Netflix (NFLX), Block (SQ), Alibaba Group (BABA), Advanced Micro Devices (AMD), Tesla (TSLA), Micron Technology (MU), Walt Disney (DIS), Shopify (SHOP) and PayPal (PYPL).

When did Roku IPO?

(ROKU) raised $204 million in an IPO on Thursday, September 28th 2017. The company issued 15,700,000 shares at a price of $12.00-$14.00 per share. Morgan Stanley and Citigroup served as the underwriters for the IPO and Allen & Company, RBC Capital Markets, Needham & Company, Oppenheimer and William Blair were co-managers.

What is Roku's stock symbol?

Roku trades on the NASDAQ under the ticker symbol "ROKU."

Who are Roku's major shareholders?

Roku's stock is owned by many different institutional and retail investors. Top institutional shareholders include ARK Investment Management LLC (8.91%), Sumitomo Mitsui Trust Holdings Inc. (5.39%), Nikko Asset Management Americas Inc. (5.17%), BlackRock Inc. (4.18%), FMR LLC (3.40%) and Baillie Gifford & Co. (2.43%). Insiders that own company stock include Alan S Henricks, Anthony J Wood, Anthony J Wood, Gidon Katz, Gilbert Fuchsberg, Mai Fyfield, Matthew Zinn, Mustafa Ozgen, Scott A Rosenberg, Stephen H Kay and Steve Louden.
View institutional ownership trends
.

How do I buy shares of Roku?

Shares of ROKU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Roku's stock price today?

One share of ROKU stock can currently be purchased for approximately $58.20.

How much money does Roku make?

Roku (NASDAQ:ROKU) has a market capitalization of $8.19 billion and generates $3.13 billion in revenue each year. The company earns $-498,010,000.00 in net income (profit) each year or ($4.78) on an earnings per share basis.

How many employees does Roku have?

The company employs 3,600 workers across the globe.

How can I contact Roku?

Roku's mailing address is 1155 COLEMAN AVENUE, SAN JOS CA, 95110. The official website for the company is www.roku.com. The company can be reached via phone at (408) 556-9040 or via email at ir@roku.com.

This page (NASDAQ:ROKU) was last updated on 6/1/2023 by MarketBeat.com Staff

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