Roku - ROKU Stock Forecast, Price & News

21 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Roku in the last year. There are currently 6 sell ratings, 8 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research 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 12-month price targets for Roku's stock. Their ROKU share price forecasts range from $30.00 to $190.00. On average, they predict the company's share price to reach $87.36 in the next twelve months. This suggests a possible upside of 66.1% from the stock's current price.
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Roku's stock was trading at $40.70 at the beginning of the year. Since then, ROKU stock has increased by 29.2% and is now trading at $52.58.
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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) announced its quarterly earnings results on Wednesday, November, 2nd. The company reported ($0.88) EPS for the quarter, topping the consensus estimate of ($1.37) by $0.49. The firm earned $761.37 million during the quarter, compared to analyst estimates of $698.93 million. Roku had a negative net margin of 7.59% and a negative trailing twelve-month return on equity of 8.50%.

Roku updated its fourth quarter 2022 earnings guidance on Wednesday, November, 9th. The company provided earnings per share 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 (IPO) on Thursday, September 28th 2017. The company issued 15,700,000 shares at $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.

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

Roku's stock is owned by many different institutional and retail investors. Top institutional investors include ARK Investment Management LLC (8.70%), Baillie Gifford & Co. (2.45%), Titleist Asset Management LTD. (0.03%), MUFG Securities EMEA plc (0.03%), Beacon Investment Advisory Services Inc. (0.02%) and Private Advisor Group LLC (0.01%). 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 $52.58.

Roku (NASDAQ:ROKU) has a market capitalization of $7.32 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.