Roku Inc (NASDAQ:ROKU) has a beta value of 2.08 and has seen 1.37 million shares traded in the recent trading session. The company, currently valued at $11.83B, closed the recent trade at $4340000.0 per share which meant it gained $4339919.01 on the day or 1365697% during that session. The ROKU stock price is 100.0% off its 52-week high price of $104.96 and 100.0% above the 52-week low of $48.33. If we look at the company’s 10-day average daily trading volume, we find that it stood at 4.3 million shares traded. The 3-month trading volume is 4.34 million shares.
The consensus among analysts is that Roku Inc (ROKU) is Buy stock at the moment, with a recommendation rating of 2.06. 3 analysts rate the stock as a Sell, while 0 rate it as Overweight. 6 out of 24 have rated it as a Hold, with 15 advising it as a Buy. 0 have rated the stock as Underweight.
Roku Inc (NASDAQ:ROKU) trade information
Over the past 30 days, the shares of Roku Inc (NASDAQ:ROKU) have changed 15.97%. Short interest in the company has seen 9.8 million shares shorted with days to cover at 2.11.
Wall Street analysts have a consensus price target for the stock at $79.25, which means that the shares’ value could drop -5476240.69% from the levels at last check today.. The projected low price target is $70.0 while the price target rests at a high of $88.5. In that case, then, we find that the latest price level in today’s session is 100.0% off the targeted high while a plunge would see the stock lose 100.0% from the levels at last check today..
Roku Inc (ROKU) estimates and forecasts
The company’s shares have lost -3.26% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -11.45% over the past 5 years.
ROKU Dividends
Roku Inc is expected to release its next earnings report on 2025-May-01 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Roku Inc (NASDAQ:ROKU)’s Major holders
Insiders own 0.69% of the company shares, while shares held by institutions stand at 87.50% with a share float percentage of 88.11%. Investors are also buoyed by the number of investors in a company, with Roku Inc having a total of 806.0 institutions that hold shares in the company. The top two institutional holders are FMR LLC with over 14.33 million shares worth more than $858.53 million. As of 2024-06-30, FMR LLC held 9.925% of shares outstanding.
The other major institutional holder is ARK INVESTMENT MANAGEMENT LLC, with the holding of over 12.72 million shares as of 2024-06-30. The firm’s total holdings are worth over $762.1 million and represent 8.8101% of shares outstanding.
