Roku
ROKU

$59.04

3.19%

Market Cap: 8.51B

About: Roku enables consumers to stream television programming. It has more than 80 million streaming households and provided well over 100 billion streaming hours in 2023. Roku is the top streaming operating system in the US, reaching more than half of broadband households, according to the company. Roku's OS is built into streaming devices and televisions that Roku sells and on connected televisions from other manufacturers that license Roku's name and software. Roku also operates the Roku Channel, a free, ad-supported streaming television platform that offers a mix of on-demand and live television programming. Roku generates revenue primarily from selling devices, licensing, and advertising, and it receives fees from subscription streaming platforms that sell subscriptions through Roku.

Employees: 3,150

Communication Services Cable & Other Pay Television Services

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 25 analysts

0

News positive %

of 38 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

15% more repeat investments, than reductions

Existing positions increased: 198 | Existing positions reduced: 172

5.27% less ownership

Funds ownership: 84.03% [Q4 2023] → 78.77% (-5.27%) [Q1 2024]

7% less funds holding

Funds holding: 586 [Q4 2023] → 545 (-41) [Q1 2024]

13% less call options, than puts

Call options by funds: $737M | Put options by funds: $852M

14% less funds holding in top 10

Funds holding in top 10: 7 [Q4 2023] → 6 (-1) [Q1 2024]

33% less capital invested

Capital invested by funds: $9.62B [Q4 2023] → $6.47B (-$3.15B) [Q1 2024]

34% less first-time investments, than exits

New positions opened: 78 | Existing positions closed: 119

See Fund Rankings

Research analyst outlook

25 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$45

24%

downside

Avg. target

$85

44%

upside

High target

$120

103%

upside

25 analyst ratings

17 positive

68%

3 neutral

12%

5 negative

20%

Wedbush Michael Pachter	27%upside $75	Outperform Reiterated	25 Jul 2024
Benchmark Daniel Kurnos	78%upside $105	Buy Reiterated	10 Jul 2024
Wedbush Michael Pachter	27%upside $75	Outperform Reiterated	27 Jun 2024
Needham Laura Martin	69%upside $100	Buy Reiterated	20 Jun 2024
Needham Laura Martin	69%upside $100	Buy Reiterated	17 May 2024

See Analyst Rankings

Financial journalist opinion

Based on 38 articles about ROKU published over the past 30 days

Zacks Investment Research

Investors Heavily Search Roku, Inc. (ROKU): Here is What You Need to Know

Recently, Zacks.com users have been paying close attention to Roku (ROKU). This makes it worthwhile to examine what the stock has in store.

Investors Heavily Search Roku, Inc. (ROKU): Here is What You Need to Know

The Motley Fool

Why Roku Stock Was Slipping This Week

Alphabet reported slower revenue growth at YouTube than expected. Comcast's Peacock also reported a decline in subscribers.

Why Roku Stock Was Slipping This Week

3 AI Stocks on the Verge of Explosive Growth by 2030

The pairing of artificial intelligence and growth-oriented companies has resulted in a new wave of high-potential AI growth stocks for investors to consider. These companies are currently smaller players in the broader tech industry that, through careful research and development, have made themselves valuable to larger companies.

3 AI Stocks on the Verge of Explosive Growth by 2030

Proactive Investors

Roku Q2 earnings beat likely on expanding market share, analysts say

Roku Inc (NASDAQ:ROKU) is likely to deliver an earnings beat for the second quarter when the smart TV and streaming company reports on Thursday, August 1, analysts at Wedbush believe. Wall Street analysts, on average, expect Roku to post a loss per share of $0.45 on revenue of $935.3 million.

Roku Q2 earnings beat likely on expanding market share, analysts say

The Motley Fool

Why Roku Stock Plunged 10.1% Today

Peacock's news of declining subscriptions is bad news for the Roku Channel. If streaming is a winner-take-all market, Roku isn't in position to be one of the companies left standing.

Why Roku Stock Plunged 10.1% Today

The Motley Fool

2 Top Bargain Stocks Ready for a Bull Run

Fiverr and Roku have strong revenue growth in the last four years, with Fiverr up 125% and Roku up 135% -- despite two years of obstructed growth. Both companies are generating healthy and rising free cash flow again after inflation-driven dips in 2022.

2 Top Bargain Stocks Ready for a Bull Run

Zacks Investment Research

Why the Market Dipped But Roku (ROKU) Gained Today

In the most recent trading session, Roku (ROKU) closed at $62.08, indicating a +0.04% shift from the previous trading day.

Why the Market Dipped But Roku (ROKU) Gained Today

The Motley Fool

1 Growth Stock Down 87% to Buy Right Now

Roku is a crucial revenue-bearing intermediary between consumers and streaming services. As such, it's not necessarily vulnerable to the streaming industry's stagnating growth.

1 Growth Stock Down 87% to Buy Right Now

The Motley Fool

All Roads Lead to Roku as a Streaming Stock Bargain

Comcast's Peacock is increasing prices for its Peacock Premium service by $2 a month. Netflix is phasing out its Basic plan for all users in the U.S. and France, forcing subscribers to make a big decision.

All Roads Lead to Roku as a Streaming Stock Bargain

Roku to Announce Second Quarter 2024 Financial Results on August 1, 2024

SAN JOSE, Calif.--(BUSINESS WIRE)--Today, Roku, Inc. (Nasdaq: ROKU) announced it will release second quarter 2024 financial results after the stock market closes on Thursday, August 1, 2024. The company will host a live webcast of its conference call to discuss the results at 2:00 PM Pacific Time on August 1. Participants may access the live webcast in listen-only mode from the Roku investor relations website. An archived webcast of the conference call will also be available on the Roku website.

Roku to Announce Second Quarter 2024 Financial Results on August 1, 2024

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