Roku, Inc. (NASDAQ:ROKU) Given Average Rating of “Moderate Buy” by Analysts

Roku, Inc. (NASDAQ:ROKU) has earned an average recommendation of “Moderate Buy” from the twenty-seven analysts that are covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, six have issued a hold recommendation, seventeen have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $111.1429.

ROKU has been the subject of several recent research reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of Roku in a report on Wednesday, October 8th. Evercore ISI reissued a “positive” rating on shares of Roku in a research report on Friday, October 31st. Needham & Company LLC restated a “buy” rating and issued a $110.00 target price on shares of Roku in a research note on Wednesday, October 1st. JPMorgan Chase & Co. increased their price objective on Roku from $105.00 to $115.00 and gave the stock an “overweight” rating in a research report on Friday, October 31st. Finally, KeyCorp reissued an “overweight” rating and issued a $116.00 price target on shares of Roku in a research note on Tuesday, October 28th.

Insider Activity at Roku

In other Roku news, insider Mustafa Ozgen sold 50,527 shares of the firm’s stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $100.00, for a total value of $5,052,700.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Anthony J. Wood sold 50,000 shares of the business’s stock in a transaction on Monday, November 10th. The shares were sold at an average price of $103.86, for a total transaction of $5,193,000.00. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 515,274 shares of company stock worth $53,880,874 over the last quarter. 13.98% of the stock is owned by corporate insiders.

Institutional Trading of Roku

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Caerus Investment Advisors LLC purchased a new stake in Roku during the 3rd quarter valued at approximately $615,000. Captrust Financial Advisors raised its holdings in shares of Roku by 253.3% in the third quarter. Captrust Financial Advisors now owns 15,755 shares of the company’s stock worth $1,578,000 after buying an additional 11,296 shares during the period. Danske Bank A S bought a new stake in shares of Roku during the third quarter worth $456,000. Advisory Services Network LLC raised its stake in shares of Roku by 85.7% during the third quarter. Advisory Services Network LLC now owns 41,136 shares of the company’s stock valued at $4,119,000 after acquiring an additional 18,990 shares in the last quarter. Finally, Kestra Private Wealth Services LLC raised its position in Roku by 6.7% during the 3rd quarter. Kestra Private Wealth Services LLC now owns 8,143 shares of the company’s stock valued at $815,000 after purchasing an additional 512 shares in the last quarter. Hedge funds and other institutional investors own 86.30% of the company’s stock.

Roku Stock Performance

Shares of NASDAQ ROKU traded up $0.75 during midday trading on Thursday, reaching $95.63. The stock had a trading volume of 1,945,711 shares, compared to its average volume of 3,839,993. The company’s 50 day moving average price is $99.28 and its 200 day moving average price is $90.21. Roku has a twelve month low of $52.43 and a twelve month high of $116.66. The firm has a market cap of $14.13 billion, a price-to-earnings ratio of -478.13 and a beta of 2.18.

Roku (NASDAQ:ROKU) last posted its quarterly earnings results on Thursday, October 30th. The company reported $0.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.09. Roku had a negative return on equity of 1.08% and a negative net margin of 0.61%.The firm had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $1.21 billion. During the same period in the prior year, the business earned ($0.06) EPS. The company’s revenue for the quarter was up 14.0% compared to the same quarter last year. Roku has set its Q4 2025 guidance at EPS. Equities analysts forecast that Roku will post -0.3 earnings per share for the current fiscal year.

Roku Company Profile

Roku, Inc, together with its subsidiaries, operates a TV streaming platform in the United states and internationally. The company operates in two segments, Platform and Devices. Its streaming platform allows users to find and access TV shows, movies, news, sports, and others. The Platform segment offers digital advertising, including direct and programmatic video advertising, media and entertainment promotional spending, and related services; and streaming services distribution, such as subscription and transaction revenue shares, and sale of premium subscriptions and branded app buttons on remote controls.