Roku (NASDAQ:ROKU) Stock Rating Upgraded by Wall Street Zen

Roku (NASDAQ:ROKU) was upgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report issued on Sunday.

ROKU has been the topic of several other research reports. KeyCorp raised their price objective on shares of Roku from $115.00 to $116.00 and gave the company an “overweight” rating in a research report on Friday, August 1st. Weiss Ratings reiterated a “sell (d-)” rating on shares of Roku in a research report on Wednesday, October 8th. Guggenheim lifted their target price on shares of Roku from $100.00 to $105.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. Rosenblatt Securities lifted their target price on shares of Roku from $75.00 to $101.00 and gave the stock a “neutral” rating in a research report on Friday, August 1st. Finally, JMP Securities reiterated a “market outperform” rating and issued a $145.00 target price on shares of Roku in a research report on Thursday, October 2nd. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Roku currently has an average rating of “Moderate Buy” and an average price target of $101.33.

Roku Stock Performance

Roku stock opened at $96.28 on Friday. The firm’s fifty day moving average price is $96.30 and its 200-day moving average price is $82.99. The stock has a market cap of $14.18 billion, a P/E ratio of -229.24, a price-to-earnings-growth ratio of 11.11 and a beta of 2.13. Roku has a fifty-two week low of $52.43 and a fifty-two week high of $107.25.

Roku (NASDAQ:ROKU) last posted its quarterly earnings data on Thursday, July 31st. The company reported $0.07 earnings per share for the quarter, beating the consensus estimate of ($0.16) by $0.23. The firm had revenue of $1.11 billion for the quarter, compared to analysts’ expectations of $1.07 billion. Roku had a negative net margin of 1.40% and a negative return on equity of 2.44%. The business’s quarterly revenue was up 14.7% on a year-over-year basis. During the same quarter last year, the company posted ($0.18) EPS. Roku has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, analysts predict that Roku will post -0.3 earnings per share for the current year.

Insiders Place Their Bets

In other Roku news, CFO Dan Jedda sold 3,000 shares of the firm’s stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $95.82, for a total value of $287,460.00. Following the sale, the chief financial officer owned 80,420 shares of the company’s stock, valued at $7,705,844.40. This trade represents a 3.60% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Anthony J. Wood sold 25,000 shares of the firm’s stock in a transaction on Friday, October 10th. The stock was sold at an average price of $94.01, for a total transaction of $2,350,250.00. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 328,331 shares of company stock worth $32,640,556. 13.98% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Roku

A number of large investors have recently added to or reduced their stakes in ROKU. GAMMA Investing LLC boosted its stake in shares of Roku by 103.6% during the 1st quarter. GAMMA Investing LLC now owns 959 shares of the company’s stock valued at $68,000 after purchasing an additional 488 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in Roku by 72.6% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 10,747 shares of the company’s stock worth $757,000 after buying an additional 4,522 shares during the period. QRG Capital Management Inc. lifted its holdings in Roku by 14.3% in the first quarter. QRG Capital Management Inc. now owns 3,569 shares of the company’s stock worth $251,000 after buying an additional 447 shares during the period. Garde Capital Inc. purchased a new stake in Roku in the first quarter worth about $25,000. Finally, Palumbo Wealth Management LLC purchased a new stake in Roku in the first quarter worth about $206,000. Institutional investors own 86.30% of the company’s stock.

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.