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Roku (ROKU)
NASDAQ:ROKU
Roku (ROKU) Stock Price & Analysis
12,988 Followers
ROKU Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$52.30 - $108.84
Previous Close$61.44
Volume1.96M
Average Volume (3M)5.03M
Market Cap
$8.86B
Enterprise Value$7.42B
Total Cash (Recent Filing)$2.03B
Total Debt (Recent Filing)$586.17M
Price to Earnings (P/E)-15.4
Beta2.24
Next Earnings
Jul 25, 2024EPS Estimate
-$0.43Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-3.99
Shares Outstanding144,164,666
10 Day Avg. Volume3,456,468
30 Day Avg. Volume5,028,116
Standard Deviation0.23
R-Squared0.15
Alpha0.00460
Financial Highlights & Ratios
Price to Book (P/B)4.16
Price to Sales (P/S)7.92
Price to Cash Flow (P/CF)135.20
P/FCF Ratio172.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.16
Enterprise Value/Gross Profit4.87
Enterprise Value/Ebitda-22.42
Forecast
1Y Price Target
$74.88Price Target Upside21.87% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering18
Roku News
Bulls Say, Bears Say
Bulls Say
Financial StrategyFocusing on free cash flow growth as a proxy for return on invested capital improvement is anticipated to drive share price upside.
Market LeadershipRoku is a leading TV streaming platform in the U.S., Canada, and Mexico with strong quarterly results and a market-leading 40% share of TV OS devices in the US & Mexico.
Revenue GrowthRoku plans to accelerate its Platform segment revenue growth through various strategies, including active account growth and enhanced monetization of its home screen.
Bears Say
Advertising Revenue ConcernsThe inventory of streaming advertising is expanding, potentially putting pressure on ad pricing and ROKU's revenue.
Financial ForecastBased on more conservative 2025 and 2026 top line and gross margin assumptions, we lower our price target to $75 from $80.
Market CompetitionRoku faces significant competition in the streaming aggregation space from large players with the ability to subsidize their streaming services.
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Ownership Overview
5.75% Insiders
21.39% Mutual Funds
53.10% Other Institutional Investors
19.75% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Roku
Desktop Users
Mobile Users
ROKU FAQ
What was Roku’s price range in the past 12 months?
Roku lowest stock price was $52.30 and its highest was $108.84 in the past 12 months.
What is Roku’s market cap?
Currently, no data Available
When is Roku’s upcoming earnings report date?
Roku’s upcoming earnings report date is Jul 25, 2024 which is in 68 days.
How were Roku’s earnings last quarter?
Roku released its earnings results on Apr 25, 2024. The company reported -$0.35 earnings per share for the quarter, beating the consensus estimate of -$0.608 by $0.258.
Is Roku overvalued?
According to Wall Street analysts Roku’s price is currently Undervalued.
Does Roku pay dividends?
Roku does not currently pay dividends.
What is Roku’s EPS estimate?
Roku’s EPS estimate is -$0.43.
How many shares outstanding does Roku have?
Roku has 126,837,270 shares outstanding.
What happened to Roku’s price movement after its last earnings report?
Roku reported an EPS of -$0.35 in its last earnings report, beating expectations of -$0.608. Following the earnings report the stock price went down -10.285%.
Which hedge fund is a major shareholder of Roku?
Among the largest hedge funds holding Roku’s share is ARK Investment Management LLC. It holds Roku’s shares valued at 818M.
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Roku Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$74.88 (21.87% Upside)
$74.88 (21.87% Upside)
Blogger Sentiment
Bullish
ROKU Sentiment 78%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 2.7M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $8.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days >0.1%
Last 30 Days ▼ 2.0%
Last 30 Days ▼ 2.0%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
16.89%
12-Months-Change
Fundamentals
Return on Equity
-23.10%
Trailing 12-Months
Asset Growth
2.38%
Trailing 12-Months
Company Description
Roku
Founded in 2002 and based in California, Roku, Inc. is a television streaming platform. It operates through two business segments: Player and Platform. The Player segment consists of net sales of streaming media players and accessories through retailers and distributors, as well as directly to customers through the company's website. Its Roku platform allows users to personalize their content selection with cable television replacement offerings and other streaming services that suit their budget and needs.
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ROKU Earnings Call
Q1 2024
0:00 / 0:00
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ROKU Net revenue Breakdown
85.92% Platform
14.08% Devices
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ROKU Stock 12 Month Forecast
Average Price Target
$74.88
▲(21.87% Upside)
Technical Analysis
Best Analysts Covering ROKU
1 Year
1 Year Success Rate
18/28 ratings generated profit
1 Year Average Return
-5.15%
reiterated a sell rating last month
Copying Benjamin Swinburne's trades and holding each position for 1 Year would result in 64.29% of your transactions generating a profit, with an average return of -5.15% per trade.
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