Roku Stock Forecast, Price & News

Roku's stock was trading at $90.63 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, ROKU stock has increased by 201.2% and is now trading at $273.01.
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22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Roku in the last year. There are currently 1 sell rating, 7 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Roku.

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Roku is scheduled to release its next quarterly earnings announcement on Thursday, February 11th 2021.
View our earnings forecast for Roku.

Roku, Inc. (NASDAQ:ROKU) issued its earnings results on Thursday, November, 5th. The company reported $0.09 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.42) by $0.51. The business earned $451.66 million during the quarter, compared to analysts' expectations of $367.48 million. Roku had a negative return on equity of 19.43% and a negative net margin of 10.28%. The firm's revenue for the quarter was up 73.1% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.22) EPS.
View Roku's earnings history.

22 analysts have issued twelve-month price targets for Roku's stock. Their forecasts range from $105.00 to $315.00. On average, they expect Roku's share price to reach $224.36 in the next year. This suggests that the stock has a possible downside of 17.8%.
View analysts' price targets for Roku.

Roku saw a drop in short interest in October. As of October 30th, there was short interest totaling 5,100,000 shares, a drop of 19.7% from the October 15th total of 6,350,000 shares. Based on an average daily trading volume, of 7,700,000 shares, the short-interest ratio is currently 0.7 days.
View Roku's Short Interest.

Some companies that are related to Roku include Charter Communications (CHTR), Liberty Broadband (LBRDK), Liberty Broadband (LBRDA), Altice USA (ATUS), DISH Network (DISH), Rogers Communications (RCI), Liberty Global (LBTYB), Liberty Global (LBTYA), Discovery (DISCA), Liberty Global (LBTYK), Discovery (DISCK), Cable One (CABO), Shaw Communications (SJR), ITV (ITVPY) and Qurate Retail (QRTEB).
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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 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 number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.03%), ARK Investment Management LLC (3.17%), Allianz Asset Management GmbH (1.82%), Nikko Asset Management Americas Inc. (1.80%), State Street Corp (1.63%) and Morgan Stanley (1.08%). 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 Morgan Stanley, JPMorgan Chase & Co., Summit Partners Public Asset Management LLC, Spence Asset Management, Prime Capital Investment Advisors LLC, New York State Common Retirement Fund, Achmea Investment Management B.V., and GWM Advisors LLC. 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 acquired by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, ARK Investment Management LLC, BlackRock Inc., Nikko Asset Management Americas Inc., Natixis, Wells Fargo & Company MN, State Street Corp, and TCW Group Inc..
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 $273.01.

Roku has a market capitalization of $34.65 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]