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China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
What's in Democrats' big bill? Climate, health care, savings
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Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
What's in Democrats' big bill? Climate, health care, savings
pixel
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
What's in Democrats' big bill? Climate, health care, savings
pixel
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
What's in Democrats' big bill? Climate, health care, savings
pixel
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
NASDAQ:ROKU

Roku - ROKU Stock Forecast, Price & News

$82.26
+0.98 (+1.21%)
(As of 08/5/2022 12:00 AM ET)
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Compare
Today's Range
$78.32
$83.59
50-Day Range
$65.52
$101.88
52-Week Range
$62.00
$412.00
Volume
10.20 million shs
Average Volume
12.26 million shs
Market Capitalization
$11.18 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$131.24

Roku MarketRank™ Forecast

Analyst Rating
Hold
2.36 Rating Score
Upside/​Downside
59.5% Upside
$131.24 Price Target
Short Interest
Healthy
5.49% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.07mentions of Roku in the last 14 days
Based on 35 Articles This Week
Insider Trading
Selling Shares
$742,501 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($3.15) to ($2.45) Per Share

Overall MarketRank

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

2.48 out of 5 stars

Consumer Discretionary Sector

108th out of 365 stocks

Cable & Other Pay Television Services Industry

9th out of 26 stocks

ROKU stock logo

About Roku (NASDAQ:ROKU) Stock

Roku, Inc., together with its subsidiaries, operates a TV streaming platform. The company operates in two segments, Platform and Player. Its platform allows users to discover and access various movies and TV episodes, as well as live TV, news sports, shows, and others. As of December 31, 2021, the company had 60.1 million active accounts. It also provides digital and video advertising, content distribution, subscription, and billing services, as well as other commerce transactions, and brand sponsorship and promotions; and manufactures, sells, and licenses smart TVs under the Roku TV name. In addition, the company offers streaming players, and audio products and accessories under the Roku brand name; and sells branded channel buttons on remote controls of streaming devices. It provides its products and services through retailers and distributors, as well as directly to customers through its website in the United States, Canada, the United Kingdom, France, Mexico, Brazil, Chile, Peru, North and South Americas, and Europe. Roku, Inc. was incorporated in 2002 and is headquartered in San Jose, California.

Analysts Set New Price Targets

Several brokerages have issued reports on ROKU. Pivotal Research dropped their target price on shares of Roku from $80.00 to $60.00 and set a "hold" rating for the company in a research report on Friday, July 29th. Truist Financial decreased their price target on shares of Roku from $150.00 to $120.00 and set a "buy" rating on the stock in a research note on Wednesday, July 27th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Roku from $210.00 to $150.00 in a research note on Friday, April 29th. Needham & Company LLC decreased their price target on shares of Roku from $205.00 to $95.00 and set a "buy" rating on the stock in a research note on Friday, July 29th. Finally, TheStreet downgraded shares of Roku from a "c-" rating to a "d+" rating in a research note on Monday, June 13th. Five analysts have rated the stock with a sell rating, six have assigned a hold rating and fifteen have given a buy rating to the company. Based on data from MarketBeat, Roku has a consensus rating of "Hold" and a consensus target price of $141.15.

Roku Trading Up 1.2 %

NASDAQ:ROKU traded up $0.98 during mid-day trading on Friday, reaching $82.26. The company's stock had a trading volume of 10,196,855 shares, compared to its average volume of 12,259,358. Roku has a 12-month low of $62.00 and a 12-month high of $412.00. The firm's fifty day moving average price is $86.94 and its two-hundred day moving average price is $109.16. The stock has a market cap of $11.18 billion, a P/E ratio of -228.50 and a beta of 1.73.

Roku (NASDAQ:ROKU - Get Rating) last issued its earnings results on Thursday, July 28th. The company reported ($0.82) earnings per share for the quarter, missing analysts' consensus estimates of ($0.76) by ($0.06). Roku had a negative return on equity of 1.66% and a negative net margin of 1.51%. The business had revenue of $764.00 million during the quarter, compared to analysts' expectations of $804.64 million. During the same period last year, the firm posted $0.52 EPS. Roku's quarterly revenue was up 18.4% compared to the same quarter last year. Analysts predict that Roku will post -3.15 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Roku news, VP Scott A. Rosenberg sold 1,957 shares of the business's stock in a transaction dated Thursday, June 2nd. The stock was sold at an average price of $93.41, for a total value of $182,803.37. Following the completion of the transaction, the vice president now owns 78,676 shares of the company's stock, valued at approximately $7,349,125.16. The sale was disclosed in a legal filing with the SEC, which is available through this link. In other news, VP Scott A. Rosenberg sold 1,957 shares of the company's stock in a transaction dated Thursday, June 2nd. The shares were sold at an average price of $93.41, for a total transaction of $182,803.37. Following the completion of the sale, the vice president now owns 78,676 shares of the company's stock, valued at approximately $7,349,125.16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Mustafa Ozgen sold 4,973 shares of the company's stock in a transaction dated Wednesday, June 8th. The shares were sold at an average price of $100.00, for a total transaction of $497,300.00. The disclosure for this sale can be found here. In the last 90 days, insiders sold 7,598 shares of company stock valued at $742,501. 15.32% of the stock is owned by insiders.

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ROKU Stock News Headlines

MarketBeat: Week in Review 8/1 - 8/5 (ROKU)
The hot jobs report is dispelling any notion that interest rates will level off. But the market moves on and here are some of the stocks and stories to follow.
Is Roku A Buy Ahead of Earnings
Roku (NASDAQ: ROKU) is announcing its earnings for Q2.. Streaming stocks like Netflix surged higher after beating expectations, can Roku do the same?
Amazon, Chevron rise; Roku, Intel fall
Stocks that traded heavily or had substantial price changes Friday: Amazon, Chevron rise; Roku, Intel fall
Is Netflix Still A Buy After Losing 1 Million Subscribers? (ROKU)
Netflix recently announced earnings that surprised analysts and investors, who expected a higher subscriber churn. Its lower valuation has piqued the interest of some, so the question is if it is worth buying in the current macro environment?
Citigroup Lowers Roku (NASDAQ:ROKU) Price Target to $125.00
Roku Stock Crash: Should Investors Buy, Sell, or Hold?
Is Roku Stock Oversold? - Forbes
3 Reasons Why Roku Makes a Great Long-Term Investment
Morgan Stanley Lowers Roku (NASDAQ:ROKU) Price Target to $55.00
Roku (NASDAQ:ROKU) Trading 5.4% Higher
Why Roku Crushed the Market on Wednesday
Roku (NASDAQ:ROKU) PT Lowered to $55.00
Roku's Stock Crash: Should You Buy Now?
Roku's Losing Streak: Can This Stock Shape Up?
Why Roku Stock Rallied on Tuesday
See More Headlines
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ROKU Company Calendar

Last Earnings
7/28/2022
Today
8/07/2022
Next Earnings (Estimated)
11/02/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Cable & other pay television services
Sub-Industry
N/A
Current Symbol
NASDAQ:ROKU
Fax
N/A
Employees
3,000
Year Founded
2002

Price Target and Rating

Average Stock Price Forecast
$131.24
High Stock Price Forecast
$410.00
Low Stock Price Forecast
$55.00
Forecasted Upside/Downside
+59.5%
Consensus Rating
Hold
Rating Score (0-4)
2.36
Research Coverage
25 Analysts

Profitability

Net Income
$242.38 million
Pretax Margin
-1.40%

Debt

Sales & Book Value

Annual Sales
$2.76 billion
Cash Flow
$3.05 per share
Book Value
$20.56 per share

Miscellaneous

Free Float
115,140,000
Market Cap
$11.18 billion
Optionable
Optionable
Beta
1.73

Social Links















ROKU Stock - Frequently Asked Questions

Should I buy or sell Roku stock right now?

25 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Roku in the last twelve months. There are currently 5 sell ratings, 6 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Roku stock. 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 analyst ratings for Roku
or view top-rated stocks.

What is Roku's stock price forecast for 2022?

25 equities research analysts have issued 12 month price targets for Roku's stock. Their ROKU stock forecasts range from $55.00 to $410.00. On average, they expect Roku's stock price to reach $131.24 in the next year. This suggests a possible upside of 59.5% from the stock's current price.
View analysts' price targets for Roku
or view top-rated stocks among Wall Street analysts.

How has Roku's stock performed in 2022?

Roku's stock was trading at $228.20 at the start of the year. Since then, ROKU stock has decreased by 64.0% and is now trading at $82.26.
View the best growth stocks for 2022 here
.

When is Roku's next earnings date?

Roku is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our earnings forecast for Roku
.

How were Roku's earnings last quarter?

Roku, Inc. (NASDAQ:ROKU) posted its earnings results on Thursday, July, 28th. The company reported ($0.82) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.76) by $0.06. The firm had revenue of $764 million for the quarter, compared to the consensus estimate of $804.64 million. Roku had a negative net margin of 1.51% and a negative trailing twelve-month return on equity of 1.66%. The firm's revenue was up 18.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.52 earnings per share.

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

Roku updated its third quarter 2022 earnings guidance on Thursday, August, 4th. The company provided EPS guidance of for the period. The company issued revenue guidance of $700.00 million-$700.00 million, compared to the consensus revenue estimate of $901.73 million.

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

179 employees have rated Roku CEO Anthony Wood on Glassdoor.com. Anthony Wood has an approval rating of 84% among Roku'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 a variety of retail and institutional investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (4.41%), Nikko Asset Management Americas Inc. (4.17%), IMC Chicago LLC (0.00%), Oakmont Corp (0.39%), Frontier Capital Management Co. LLC (0.25%) and Allspring Global Investments Holdings LLC (0.23%). Company insiders that own Roku stock include Alan S Henricks, Anthony J Wood, Anthony J Wood, Mai Fyfield, Matthew Zinn, Mustafa Ozgen, Scott A Rosenberg, Stephen H Kay and Steve Louden.
View institutional ownership trends for Roku
.

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 $82.26.

How much money does Roku make?

Roku (NASDAQ:ROKU) has a market capitalization of $11.18 billion and generates $2.76 billion in revenue each year. The company earns $242.38 million in net income (profit) each year or ($0.36) on an earnings per share basis.

How many employees does Roku have?

Roku employs 3,000 workers across the globe.

When was Roku founded?

Roku was founded in 2002.

How can I contact Roku?

Roku's mailing address is 1155 COLEMAN AVENUE, SAN JOS CA, 95110. The official website for Roku 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 8/7/2022 by MarketBeat.com Staff

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