NASDAQ:ROKU - Roku 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 (WHO). Since then, ROKU shares have decreased by 3.5% and is now trading at $87.48. View which stocks have been mosted impacted by Coronavirus.

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Roku in the last year. There are currently 3 sell ratings, 3 hold ratings and 15 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, May 13th 2020. View our earnings forecast for Roku.

Roku Inc (NASDAQ:ROKU) issued its earnings results on Thursday, February, 13th. The company reported ($0.13) EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.14) by $0.01. The company had revenue of $411.23 million for the quarter, compared to analyst estimates of $392.43 million. Roku had a negative return on equity of 12.09% and a negative net margin of 5.31%. View Roku's earnings history.

Roku updated its FY 2020 After-Hours earnings guidance on Thursday, February, 13th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.58-1.62 billion, compared to the consensus revenue estimate of $1.58 billion.

21 equities research analysts have issued 1-year target prices for Roku's stock. Their forecasts range from $60.00 to $200.00. On average, they expect Roku's share price to reach $128.08 in the next year. This suggests a possible upside of 46.4% from the stock's current price. View analysts' price targets for Roku.

News articles about ROKU stock have trended somewhat negative on Tuesday, InfoTrie reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Roku earned a media sentiment score of -1.1 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutRoku.

Roku saw a increase in short interest in February. As of February 28th, there was short interest totaling 14,270,000 shares, an increase of 11.1% from the February 13th total of 12,850,000 shares. Based on an average trading volume of 12,810,000 shares, the days-to-cover ratio is presently 1.1 days. Approximately 18.8% of the company's shares are short sold. View Roku's Current Options Chain.

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

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

(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 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."

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 $87.48.

Roku has a market capitalization of $10.50 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. View additional information about Roku.

The official website for Roku is http://www.roku.com/.

Roku's mailing address is 150 WINCHESTER CIRCLE, LOS GATOS CA, 95032. The company can be reached via phone at 408-556-9040 or via email at [email protected]