Roku (ROKU)

• Market cap: $10.5B
• 1 day: 0.67%
• 5 days: 18.46%
• 1 month: 20.81%
• 3 months: -27.45%
• 6 months: -3.28%
• Year to date: -3.50%
• 1 year: 15.45%
• 5 years: -38.35%
• 10 years: 205.87%
• Sector: Communication Services
• Industry: Entertainment

About: Roku enables consumers to stream television programming. It has more than 90 million streaming households and provided 127 billion streaming hours in 2024. 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: 3,340

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

29% more first-time investments, than exits

New positions opened: 98 | Existing positions closed: 76

2% more funds holding

Funds holding: 529 [Q3] → 542 (+13) [Q4]

1.08% more ownership

Funds ownership: 82.87% [Q3] → 83.95% (+1.08%) [Q4]

3% more repeat investments, than reductions

Existing positions increased: 170 | Existing positions reduced: 165

1% more capital invested

Capital invested by funds: $7.87B [Q3] → $7.98B (+$111M) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 8 [Q3] → 8 (+0) [Q4]

6% less call options, than puts

Call options by funds: $917M | Put options by funds: $974M

Research analyst outlook

16 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $68 5% downside
• Avg. target: $92 28% upside
• High target: $130 81% upside

16 analyst ratings

• positive: 10 63%
• neutral: 6 38%
• negative: 0 0%

Needham Laura Martin 63% 1-year accuracy 212 / 335 met price target	23% upside $89	Buy Reiterated	15 May 2025
Citigroup Jason Bazinet 80% 1-year accuracy 28 / 35 met price target	5% downside $68	Neutral Maintained	6 May 2025
Loop Capital Alan Gould 54% 1-year accuracy 13 / 24 met price target	11% upside $80	Hold Maintained	2 May 2025
Wells Fargo Steven Cahall 63% 1-year accuracy 22 / 35 met price target	39% upside $100	Overweight Maintained	2 May 2025
Guggenheim Michael Morris 57% 1-year accuracy 21 / 37 met price target	39% upside $100	Buy Reiterated	2 May 2025