NASDAQ:ROKURoku Stock Price, Forecast & News

Roku's stock was trading at $90.63 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, ROKU stock has increased by 15.2% and is now trading at $104.38. View which stocks have been most impacted by Coronavirus.

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Roku in the last year. There are currently 2 sell ratings, 5 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Roku.

Roku is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Roku.

Roku Inc (NASDAQ:ROKU) issued its quarterly earnings data on Thursday, May, 7th. The company reported ($0.45) earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.46) by $0.01. The firm earned $320.77 million during the quarter, compared to analyst estimates of $309.23 million. Roku had a negative return on equity of 18.24% and a negative net margin of 8.43%. Roku's quarterly revenue was up 55.2% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.09) EPS. View Roku's earnings history.

Roku updated its first quarter 2020 After-Hours earnings guidance on Monday, April, 13th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $307-317 million, compared to the consensus revenue estimate of $299.76 million.

21 Wall Street analysts have issued 12-month target prices for Roku's shares. Their forecasts range from $60.00 to $170.00. On average, they expect Roku's share price to reach $131.95 in the next twelve months. This suggests a possible upside of 26.4% from the stock's current price. View analysts' price targets for Roku.

News headlines about ROKU stock have trended somewhat negative on Saturday, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Roku earned a media sentiment score of -1.6 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutRoku.

Some companies that are related to Roku include Liberty Broadband Corp Series C (LBRDK), Liberty Broadband Corp Series A (LBRDA), Rogers Communications (RCI), DISH Network (DISH), Altice USA (ATUS), Liberty Global (LBTYA), Liberty Global (LBTYB), Liberty Global (LBTYK), Discovery Communications (DISCA), Discovery Inc Series C (DISCK), Cable One (CABO), Viacom (VIAB), Shaw Communications (SJR), ITV PLC/ADR (ITVPY) and Qurate Retail Inc Series B (QRTEB). View all competitors.

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

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

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

Roku's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Morgan Stanley (4.36%), BlackRock Inc. (4.09%), Baillie Gifford & Co. (1.95%), Sumitomo Mitsui Trust Holdings Inc. (1.59%), Wellington Management Group LLP (1.56%) and State Street Corp (1.53%). Company insiders that own Roku stock include Alan S Henricks, Anthony J Wood, Chas Smith, Jeff Hastings, Mai Fyfield, Mustafa Ozgen, Ray A Rothrock, Scott A Rosenberg, Stephen H Kay and Steve Louden. View institutional ownership trends for Roku.

ROKU stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Alliancebernstein L.P., BlackRock Inc., Scout Investments Inc., Invesco Ltd., Carillon Tower Advisers Inc., First Trust Advisors LP, and Wells Fargo & Company MN. Company insiders that have sold Roku company stock in the last year include Alan S Henricks, Anthony J Wood, Jeff Hastings, Mai Fyfield, Mustafa Ozgen, Ray A Rothrock, Scott A Rosenberg, Stephen H Kay, and Steve Louden. View insider buying and selling activity for Roku.

ROKU stock was purchased by a variety of institutional investors in the last quarter, including Sumitomo Mitsui Trust Holdings Inc., Nikko Asset Management Americas Inc., Morgan Stanley, AGF Investments Inc., Advisor Group Holdings Inc., Janus Henderson Group PLC, Franklin Resources Inc., and Atreides Management LP. View insider buying and selling activity for Roku.

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

One share of ROKU stock can currently be purchased for approximately $104.38.

Roku has a market capitalization of $12.52 billion and generates $1.13 billion in revenue each year. The company earns $-59,940,000.00 in net income (profit) each year or ($0.52) on an earnings per share basis. Roku employs 1,650 workers across the globe.

The official website for Roku is www.roku.com.

Roku's mailing address is 1155 COLEMAN AVENUE, SAN JOS CA, 95110. The company can be reached via phone at 408-556-9040 or via email at [email protected]