NASDAQ:ROKURoku Stock Price, Forecast & News

Roku's stock was trading at $90.63 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, ROKU stock has increased by 67.1% and is now trading at $151.41. View which stocks have been most impacted by Coronavirus.

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Roku in the last year. There are currently 2 sell ratings, 5 hold ratings and 14 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, August 5th 2020. View our earnings forecast for Roku.

Roku Inc (NASDAQ:ROKU) announced its quarterly earnings results on Thursday, May, 7th. The company reported ($0.45) earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.46) by $0.01. The firm earned $320.77 million during the quarter, compared to the consensus estimate of $309.23 million. Roku had a negative return on equity of 18.24% and a negative net margin of 8.43%. The company's quarterly revenue was up 55.2% on a year-over-year basis. During the same quarter last year, the firm posted ($0.09) earnings per share. View Roku's earnings history.

21 Wall Street analysts have issued twelve-month price objectives for Roku's shares. Their forecasts range from $60.00 to $180.00. On average, they expect Roku's stock price to reach $134.42 in the next twelve months. This suggests that the stock has a possible downside of 11.2%. View analysts' price targets for Roku.

Media stories about ROKU stock have trended positive recently, according to InfoTrie. The research group scores the sentiment of news 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 daily sentiment score of 2.1 on InfoTrie's scale. They also gave headlines about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the immediate future. View the latest news about Roku.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Roku investors own include NVIDIA (NVDA), Netflix (NFLX), Alibaba Group (BABA), Advanced Micro Devices (AMD), Micron Technology (MU), Square (SQ), Walt Disney (DIS), Tesla (TSLA), 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 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 variety of retail and institutional investors. Top institutional shareholders include Scout Investments Inc. (0.19%), Spence Asset Management (0.10%), State of Alaska Department of Revenue (0.03%), Envestnet Asset Management Inc. (0.01%), Xcel Wealth Management LLC (0.01%) and First Citizens Bank & Trust Co. (0.01%). Company insiders that own Roku stock include Alan S Henricks, Anthony J Wood, Chas Smith, Jeff Hastings, Mai Fyfield, Mustafa Ozgen, Ray A Rothrock, 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 IFM Investors Pty Ltd, Meridian Wealth Management LLC, KG&L Capital Management LLC, Patriot Financial Group Insurance Agency LLC, Bogart Wealth LLC, and Pacifica Partners Inc.. Company insiders that have sold Roku company stock in the last year include Alan S Henricks, Anthony J Wood, Mai Fyfield, Mustafa Ozgen, Scott A Rosenberg, Stephen H Kay, and Steve Louden. View insider buying and selling activity for Roku.

ROKU stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Scout Investments Inc., Deane Retirement Strategies Inc., Xcel Wealth Management LLC, Harel Insurance Investments & Financial Services Ltd., First Citizens Bank & Trust Co., Envestnet Asset Management Inc., and HBW Advisory Services LLC. View insider buying and selling activity for 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 $151.41.

Roku has a market capitalization of $18.17 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.

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

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]