In the latest trading session,, 1.02 million Roku Inc (NASDAQ:ROKU) shares changed hands as the company’s beta touched 2.04. With the company’s most recent per share price at $55.33 changing hands around $0.23 or 0.42% at last look, the market valuation stands at $8.08B. ROKU’s current price is a discount, trading about -89.7% off its 52-week high of $104.96. The share price had its 52-week low at $48.33, which suggests the last value was 12.65% up since then. When we look at Roku Inc’s average trading volume, we note the 10-day average is 4.47 million shares, with the 3-month average coming to 3.99 million.
Analysts gave the Roku Inc (ROKU) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.06. If we narrow down to specifics, the data shows that 3 out of 24 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 6 recommended ROKU as a Hold, 15 felt it is a Buy and 0 rated the stock as Underweight. Roku Inc’s EPS for the current quarter is expected to be -0.25.
Roku Inc (NASDAQ:ROKU) trade information
Instantly ROKU is in green as seen in intraday trades today. With action -22.53%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -25.57%, with the 5-day performance at -22.53% in the red. However, in the 30-day time frame, Roku Inc (NASDAQ:ROKU) is -20.55% down. Looking at the short shares, we see there were 8.6 million shares sold at short interest cover period of 1.87 days.
The consensus price target for the stock as assigned by Wall Street analysts is 75, meaning bulls need an upside of 26.23% from its recent market value. According to analyst projections, ROKU’s forecast low is 55 with 92 as the target high. To hit the forecast high, the stock’s price needs a -66.28% plunge from its current level, while the stock would need to tank 0.6% for it to hit the projected low.
Roku Inc (ROKU) estimates and forecasts
Year-over-year growth is forecast to reach 11.99% up from the last financial year.
Consensus estimates given by 26 financial analysts project the company’s revenue in the current quarter to hit an average of 1.01B. 24 analysts are of the opinion that Roku Inc’s revenue for the current quarter will be 1.1B. The company’s revenue for the corresponding quarters a year ago was 881.47M and 968.18M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 14.33%. The estimates for the next quarter sales put growth at 13.65%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -11.45%. The 2025 estimates are for Roku Inc earnings to increase by 67.74%.
Roku Inc (NASDAQ:ROKU)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.62% of Roku Inc shares while 85.19% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 85.72%. There are 85.19% institutions holding the Roku Inc stock share, with FMR LLC the top institutional holder. As of 2024-06-30, the company held 9.925% of the shares, roughly 14.33 million ROKU shares worth $858.53 million.
ARK INVESTMENT MANAGEMENT LLC holds the second largest percentage of outstanding shares, with 8.8101% or 12.72 million shares worth $762.1 million as of 2024-06-30.
Among Mutual Funds, the top two as of Feb 28, 2025 were Fidelity Advisor Series I-Fidelity Advisor Growth Opportunities Fund and ARK ETF Trust-ARK Innovation ETF . With 10.1 shares estimated at $564.99 million under it, the former controlled 7.84% of total outstanding shares. On the other hand, ARK ETF Trust-ARK Innovation ETF held about 4.77% of the shares, roughly 6.14 shares worth around $343.78 million.
