Roku Stock Forecast, Price & News

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Roku in the last year. There are currently 1 sell rating, 1 hold rating and 19 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Roku stock.
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Roku saw a decline in short interest in July. As of July 15th, there was short interest totaling 3,330,000 shares, a decline of 12.1% from the June 30th total of 3,790,000 shares. Based on an average daily trading volume, of 4,270,000 shares, the short-interest ratio is currently 0.8 days. Currently, 2.9% of the shares of the company are sold short.
View Roku's Short Interest.

Roku is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for Roku.

Roku, Inc. (NASDAQ:ROKU) issued its quarterly earnings data on Wednesday, August, 4th. The company reported $0.52 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.14 by $0.38. The firm had revenue of $645.10 million for the quarter, compared to the consensus estimate of $618.35 million. Roku had a trailing twelve-month return on equity of 7.56% and a net margin of 5.58%. The business's revenue was up 81.2% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.35) earnings per share.
View Roku's earnings history.

Roku's stock was trading at $90.63 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, ROKU stock has increased by 349.3% and is now trading at $407.22.
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Roku issued an update on its third quarter 2021 earnings guidance on Wednesday, August, 4th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $675 million-$685 million, compared to the consensus revenue estimate of $644.98 million.

21 analysts have issued twelve-month target prices for Roku's stock. Their forecasts range from $185.00 to $600.00. On average, they anticipate Roku's share price to reach $442.79 in the next twelve months. This suggests a possible upside of 8.7% from the stock's current price.
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179 employees have rated Roku CEO Anthony Wood on Glassdoor.com. Anthony Wood has an approval rating of 84% among Roku's employees.

Some companies that are related to Roku include Charter Communications (CHTR), Liberty Broadband (LBRDK), Liberty Broadband (LBRDA), Rogers Communications (RCI), DISH Network (DISH), Liberty Global (LBTYK), Liberty Global (LBTYA), Liberty Global (LBTYB), Discovery (DISCA), Shaw Communications (SJR), Discovery (DISCK), Altice USA (ATUS), Cable One (CABO), ITV (ITVPY) and Qurate Retail (QRTEB).
View all of ROKU's competitors.

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

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

Roku's stock is owned by many different retail and institutional investors. Top institutional investors include ARK Investment Management LLC (3.58%), Baillie Gifford & Co. (2.87%), Sumitomo Mitsui Trust Holdings Inc. (1.92%), Victory Capital Management Inc. (0.16%), Scout Investments Inc. (0.15%) and New York State Common Retirement Fund (0.10%). 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.

ROKU stock was sold by a variety of institutional investors in the last quarter, including ARK Investment Management LLC, Advisor Group Holdings Inc., Teacher Retirement System of Texas, Russell Investments Group Ltd., Envestnet Asset Management Inc., Asset Management One Co. Ltd., TCW Group Inc., and San Francisco Sentry Investment Group CA. Company insiders that have sold Roku company stock in the last year include Alan S Henricks, Anthony J Wood, Mai Fyfield, Matthew Zinn, Scott A Rosenberg, Stephen H Kay, and Steve Louden.
View insider buying and selling activity for Roku or view top insider-selling stocks.

ROKU stock was acquired by a variety of institutional investors in the last quarter, including Baillie Gifford & Co., Scout Investments Inc., Sumitomo Mitsui Trust Holdings Inc., Cutler Group LP, Victory Capital Management Inc., Handelsbanken Fonder AB, Cullen Frost Bankers Inc., and Landscape Capital Management L.L.C..
View insider buying and selling activity for Roku or or view top insider-buying stocks.

Shares of ROKU 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 $407.22.

Roku has a market capitalization of $53.92 billion and generates $1.78 billion in revenue each year. The company earns $-17,510,000.00 in net income (profit) each year or ($0.14) on an earnings per share basis.

Roku employs 1,925 workers across the globe.

Roku was founded in 2002.

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

Roku is headquartered at 1155 COLEMAN AVENUE, SAN JOS CA, 95110.

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]