During the recent session, Roku Inc (NASDAQ:ROKU)’s traded shares were 0.91 million, with the beta value of the company hitting 2.15. At the last check today, the stock’s price was $77.38, reflecting an intraday loss of -2.80% or -$2.22. The 52-week high for the ROKU share is $104.96, that puts it down -35.64 from that peak though still a striking 37.54% gain since the share price plummeted to a 52-week low of $48.33. The company’s market capitalization is $11.29B, and the average trade volume was 3.33 million shares over the past three months.
Roku Inc (ROKU) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.16. ROKU has a Sell rating from 3 analyst(s) out of 24 analysts who have looked at this stock. 6 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 15 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.25.
Roku Inc (NASDAQ:ROKU) trade information
Roku Inc (ROKU) registered a -2.80% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -2.80% in intraday trading to $77.38, hitting a weekly high. The stock’s 5-day price performance is -7.35%, and it has moved by -5.24% in 30 days. Based on these gigs, the overall price performance for the year is 23.23%.
The consensus price target of analysts on Wall Street is $80, which implies an increase of 3.28% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $55 and $93 respectively. As a result, ROKU is trading at a discount of -20.19% off the target high and 28.92% off the low.
Roku Inc (ROKU) estimates and forecasts
In the rating firms’ projections, revenue will increase 12.54% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 1.01B as predicted by 24 analyst(s). Meanwhile, a consensus of 23 analyst(s) estimates revenue growth to 1.1B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 881.47M and 968.18M respectively. In this case, analysts expect current quarter sales to grow by 14.20% and then jump by 13.67% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -11.45%. While earnings are projected to return 68.13% in 2025.
ROKU Dividends
Roku Inc is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Roku Inc (NASDAQ:ROKU)’s Major holders
The next largest institutional holding, with 12.72 million shares, is of ARK INVESTMENT MANAGEMENT LLC’s that is approximately 8.8101% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $762.1 million.
Also, the Mutual Funds coming in first place with the largest holdings of Roku Inc (ROKU) shares are Fidelity Advisor Growth Opportunities Fund and ARK ETF Tr-ARK Innovation ETF. Data provided on Dec 31, 2024 indicates that Fidelity Advisor Growth Opportunities Fund owns about 10.65 shares. This amounts to just over 8.27 percent of the company’s overall shares, with a $806.46 million market value. The same data shows that the other fund manager holds slightly less at 7.6, or about 5.91% of the stock, which is worth about $575.95 million.
