ROKU stock icon

Roku
ROKU

$54.64
0.42%
 

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

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 22 analysts
0
News positive %
of 32 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

Research analyst outlook

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

Low target
$45
18%
downside
Avg. target
$85
55%
upside
High target
$120
120%
upside

22 analyst ratings

14 positive
64%
neutral
14%
negative
23%
Needham
Laura Martin
83%upside
$100
Buy
Reiterated
20 Jun 2024
Needham
Laura Martin
83%upside
$100
Buy
Reiterated
17 May 2024
Jefferies
James Heaney
8%downside
$50
Underperform
Assumed
2 May 2024
Citigroup
Jason Bazinet
28%upside
$70
Neutral
Maintained
30 Apr 2024
Seaport Global
David Joyce
35%upside
$74
Buy
Upgraded
29 Apr 2024

Financial journalist opinion

Based on 32 articles about ROKU published over the past 30 days