Roku - ROKU Stock Forecast, Price & News

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Roku in the last twelve months. There are currently 6 sell ratings, 8 hold ratings and 7 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.
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21 Wall Street research analysts have issued 1 year price targets for Roku's shares. Their ROKU share price forecasts range from $30.00 to $190.00. On average, they expect the company's share price to reach $87.36 in the next twelve months. This suggests a possible upside of 51.9% from the stock's current price.
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Roku's stock was trading at $40.70 at the beginning of 2023. Since then, ROKU shares have increased by 41.3% and is now trading at $57.50.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, February 16th 2023.
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Roku, Inc. (NASDAQ:ROKU) released its quarterly earnings results on Wednesday, November, 3rd. The company reported $0.48 EPS for the quarter, beating the consensus estimate of $0.06 by $0.42. The company had revenue of $679.95 million for the quarter, compared to analyst estimates of $682.57 million. Roku had a negative net margin of 7.59% and a negative trailing twelve-month return on equity of 8.50%. During the same quarter last year, the business posted $0.09 earnings per share.

Roku issued an update on its fourth quarter 2022 earnings guidance on Wednesday, November, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $800.00 million-$800.00 million, compared to the consensus revenue estimate of $895.22 million.

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.

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).

(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 investors include ARK Investment Management LLC (8.70%), Sumitomo Mitsui Trust Holdings Inc. (5.63%), Baillie Gifford & Co. (2.45%), OAKMONT Corp (0.36%), New York State Common Retirement Fund (0.09%) and Titleist Asset Management LTD. (0.03%). 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.
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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.
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One share of ROKU stock can currently be purchased for approximately $57.50.

Roku (NASDAQ:ROKU) has a market capitalization of $8.01 billion and generates $2.76 billion in revenue each year. The company earns $242.38 million in net income (profit) each year or ($1.72) on an earnings per share basis.

The company employs 3,000 workers across the globe.

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.