Now Is The Time To Build A Position In Roku Inc (NASDAQ:ROKU)

Roku Inc (NASDAQ:ROKU)’s traded shares stood at 0.53 million during the latest session, with the company’s beta value hitting 2.11. At the last check today, the stock’s price was $83.88, to imply a decrease of -1.97% or -$1.69 in intraday trading. The ROKU share’s 52-week high remains $104.96, putting it -25.13% down since that peak but still an impressive 42.38% since price per share fell to its 52-week low of $48.33.

Analysts have given a consensus recommendation of Buy for Roku Inc (ROKU), translating to a mean rating of 2.21. Of 24 analyst(s) looking at the stock, 3 analyst(s) give ROKU a Sell rating. 0 of those analysts rate the stock as Overweight while 6 advise Hold as 15 recommend it as a Buy.

Roku Inc (NASDAQ:ROKU) trade information

After registering a -1.97% downside in the latest session, Roku Inc (ROKU) has traded red over the past five days. The 5-day price performance for the stock is -9.60%, and 1.87% over 30 days. With these gigs, the year-to-date price performance is 12.83%.

The extremes give us $55 and $93 for target low and target high price respectively. As such, ROKU has been trading -10.87% off suggested target high and 34.43% from its likely low.

ROKU Dividends

Roku Inc has its next earnings report out in March. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

The next major institution holding the largest number of shares is ARK INVESTMENT MANAGEMENT LLC with 12.72 million shares, or about 8.8101% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $762.1 million.

We also have Fidelity Advisor Growth Opportunities Fund and ARK ETF Tr-ARK Innovation ETF as the top two Mutual Funds with the largest holdings of the Roku Inc (ROKU) shares. Going by data provided on Dec 31, 2024 , Fidelity Advisor Growth Opportunities Fund holds roughly 10.65 shares. This is just over 8.27% of the total shares, with a market valuation of $897.66 million. Data from the same date shows that the other fund manager holds a little less at 7.6, or 5.91% of the shares, all valued at about 641.09 million.