Roku, Inc 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 sports, music, news, and others. As of December 31, 2018, the company had 27.1 million active accounts. It also provides advertising products, including videos ads, brand sponsorships, and audience marketplace program; and manufactures, sells, and licenses TVs under the Roku TV name.
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Industry, Sector and Symbol
Industry Cable & other pay television services
Sub-IndustryN/A
SectorConsumer Discretionary
Phone408-556-9040
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$742.51 million
Profitability
Miscellaneous
Employees1,111
Next Earnings Date11/6/2019 (Estimated)
OptionableOptionable
Roku (NASDAQ:ROKU) Frequently Asked Questions
What is Roku's stock symbol?
Roku trades on the NASDAQ under the ticker symbol "ROKU."
How were Roku's earnings last quarter?
Roku Inc (NASDAQ:ROKU) posted its earnings results on Wednesday, August, 7th. The company reported ($0.08) EPS for the quarter, topping analysts' consensus estimates of ($0.22) by $0.14. The firm earned $250.10 million during the quarter, compared to analysts' expectations of $223.36 million. Roku had a negative net margin of 2.41% and a negative return on equity of 6.77%. The business's revenue for the quarter was up 59.5% compared to the same quarter last year. View Roku's Earnings History.
When is Roku's next earnings date?
What guidance has Roku issued on next quarter's earnings?
Roku issued an update on its third quarter 2019 earnings guidance on Wednesday, August, 7th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $252.5-252.5 million, compared to the consensus revenue estimate of $245.38 million.
What price target have analysts set for ROKU?
19 equities research analysts have issued 12 month target prices for Roku's stock. Their forecasts range from $60.00 to $185.00. On average, they anticipate Roku's share price to reach $114.20 in the next twelve months. This suggests a possible upside of 5.7% from the stock's current price. View Analyst Price Targets for Roku.
What is the consensus analysts' recommendation for Roku?
19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Roku in the last year. There are currently 3 sell ratings, 5 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Roku.
What are Wall Street analysts saying about Roku stock?
Here are some recent quotes from research analysts about Roku stock:
- 1. Pivotal Research analysts commented, "We value ROKU using a DCF (9%, 17X ’25 EBITDA/3X revenue) to arrive at a $60 YE’20 target price." (9/20/2019)
- 2. According to Zacks Investment Research, "Roku, Inc. is involved in creating streaming platform for delivering entertainment to the television. The Company's products primarily includes Roku 4, Roku 3, Roku 2, Roku 1, Roku Streaming Stick and accessories such as cables, remote controls, power adapters and headphones. It operates primarily in the United States, Canada, the United Kingdom, the Republic of Ireland, Mexico and France. Roku, Inc. is based in SARATOGA, United States. " (8/9/2019)
- 3. Rosenblatt Securities analysts commented, "We raise CY19E net revenue from $1.023B to $1.061B (+42.5% y/y), driven predominantly by better active account growth. While 1Q net account growth and streaming hours upsized our expectations, TTM ARPU was in-line. 1Q showed better seasonal carryover of Roku TV and device activations, exceeding our net account adds by +1M. We now expect better ‘19E Roku TV shipments will drive an incremental +3M net new account activations. 1Q’s 3.4 daily average streaming hours well-exceeded our 2.8 estimate. While streaming hours don’t directly drive our revenue forecast, it’s an important engagement intangible, which should translate to improving ad leverage. With that said, we note Nielsen’s Total Audience report indicates US adults spend on average ~3 hours and 45 minutes per day watching live TV and another ~30 minutes on time-shifted TV." (5/9/2019)
Has Roku been receiving favorable news coverage?
Headlines about ROKU stock have trended negative this week, according to InfoTrie Sentiment. The research firm identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Roku earned a media sentiment score of -2.9 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the near term. View News Stories for Roku.
Who are some of Roku's key competitors?
Some companies that are related to Roku include Rogers Communications (RCI), Liberty Global (LBTYB), Liberty Global (LBTYA), Liberty Broadband Corp Series C (LBRDK), Liberty Broadband Corp Series A (LBRDA), Altice USA (ATUS), Liberty Global (LBTYK), DISH Network (DISH), Discovery Communications (DISCA), Discovery Inc Series C (DISCK), Viacom (VIAB), Shaw Communications (SJR), Cable One (CABO), Qurate Retail Inc Series B (QRTEB) and Liberty Latin America (LILAK).
What other stocks do shareholders of Roku own?
Who are Roku's key executives?
Roku's management team includes the folowing people:
- Mr. Anthony J. Wood, Founder, Chairman, Pres & CEO (Age 53)
- Mr. Steve Louden, Chief Financial Officer (Age 47)
- Mr. Stephen H. Kay, Sr. VP, Gen. Counsel & Sec. (Age 58)
- Mr. Scott Rosenberg, Sr. VP & GM of Platform Bus. (Age 45)
- Mr. Scott De Haas, Sr. VP of Product Engineering and Operations
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.
Who are Roku's major shareholders?
Roku's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (5.80%), Morgan Stanley (3.50%), BlackRock Inc. (3.49%), BlackRock Inc. (3.41%), Baillie Gifford & Co. (2.01%) and Renaissance Technologies LLC (1.87%). Company insiders that own Roku stock include Alan S Henricks, Anthony J Wood, Chas Smith, Globespan Capital Partners V L, Jeff Hastings, Mai Fyfield, Mustafa Ozgen, Mv Management X, LLC, Ray A Rothrock, Scott A Rosenberg, Stephen H Kay and Steve Louden. View Institutional Ownership Trends for Roku.
Which institutional investors are selling Roku stock?
ROKU stock was sold by a variety of institutional investors in the last quarter, including Whale Rock Capital Management LLC, Renaissance Technologies LLC, GAM Holding AG, Panagora Asset Management Inc., Lisanti Capital Growth LLC, Prime Capital Investment Advisors LLC, Park West Asset Management LLC and Strs Ohio. Company insiders that have sold Roku company stock in the last year 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 Insider Buying and Selling for Roku.
Which institutional investors are buying Roku stock?
ROKU stock was purchased by a variety of institutional investors in the last quarter, including Morgan Stanley, Vanguard Group Inc., Allianz Asset Management GmbH, Invesco Ltd., BlackRock Inc., BlackRock Inc., Baillie Gifford & Co. and Nuveen Asset Management LLC. View Insider Buying and Selling for Roku.
How do I buy shares of 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.
What is Roku's stock price today?
One share of ROKU stock can currently be purchased for approximately $108.05.
How big of a company is Roku?
Roku has a market capitalization of $12.56 billion and generates $742.51 million in revenue each year. The company earns $-8,860,000.00 in net income (profit) each year or ($0.08) on an earnings per share basis. Roku employs 1,111 workers across the globe.View Additional Information About Roku.
What is Roku's official website?
How can I contact Roku?
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]
MarketBeat Community Rating for Roku (NASDAQ ROKU)
MarketBeat's community ratings are surveys of what our community members think about Roku and other stocks. Vote "Outperform" if you believe ROKU will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ROKU will underperform the S&P 500 over the long term. You may vote once every thirty days.
