Roku (NASDAQ:ROKU) Given New $100.00 Price Target at Wedbush

Roku (NASDAQ:ROKU) had its price objective lowered by equities research analysts at Wedbush from $125.00 to $100.00 in a research note issued to investors on Monday, MarketBeat Ratings reports. The firm presently has an “outperform” rating on the stock. Wedbush’s target price would indicate a potential upside of 44.34% from the company’s previous close. Wedbush also issued estimates for Roku’s Q1 2026 earnings at ($0.14) EPS.

A number of other brokerages have also recently commented on ROKU. Bank of America assumed coverage on shares of Roku in a research note on Thursday, March 27th. They issued a “buy” rating and a $100.00 price objective for the company. Rosenblatt Securities reiterated a “neutral” rating and issued a $86.00 price target on shares of Roku in a research report on Thursday, February 13th. JPMorgan Chase & Co. decreased their price objective on Roku from $115.00 to $75.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 22nd. Citigroup reiterated an “outperform” rating on shares of Roku in a report on Thursday, April 24th. Finally, Redburn Atlantic upgraded Roku from a “neutral” rating to a “buy” rating and set a $100.00 price target on the stock in a report on Monday, April 7th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, sixteen have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $90.39.

Roku Stock Up 1.7 %

Shares of Roku stock opened at $69.28 on Monday. The firm has a market cap of $10.11 billion, a price-to-earnings ratio of -77.84 and a beta of 2.17. Roku has a twelve month low of $48.33 and a twelve month high of $104.96. The business has a 50-day moving average price of $70.04 and a 200-day moving average price of $75.41.

Roku (NASDAQ:ROKU) last released its quarterly earnings data on Thursday, February 13th. The company reported ($0.24) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.44) by $0.20. The business had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.15 billion. Roku had a negative return on equity of 5.34% and a negative net margin of 3.15%. On average, equities analysts expect that Roku will post -0.3 EPS for the current fiscal year.

Insiders Place Their Bets

In other Roku news, CEO Anthony J. Wood sold 4,600 shares of the company’s stock in a transaction on Thursday, March 20th. The stock was sold at an average price of $75.00, for a total transaction of $345,000.00. Following the completion of the sale, the chief executive officer now owns 6,243 shares in the company, valued at $468,225. This represents a 42.42 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Dan Jedda sold 5,000 shares of Roku stock in a transaction dated Friday, February 14th. The shares were sold at an average price of $100.40, for a total value of $502,000.00. Following the completion of the transaction, the chief financial officer now owns 58,555 shares in the company, valued at $5,878,922. This trade represents a 7.87 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 71,905 shares of company stock worth $6,560,876 in the last three months. Corporate insiders own 13.98% of the company’s stock.

Institutional Investors Weigh In On Roku

Institutional investors have recently added to or reduced their stakes in the business. Entropy Technologies LP raised its position in shares of Roku by 264.4% in the 4th quarter. Entropy Technologies LP now owns 25,525 shares of the company’s stock valued at $1,898,000 after purchasing an additional 18,520 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Roku by 2.7% in the fourth quarter. Geode Capital Management LLC now owns 2,147,259 shares of the company’s stock worth $159,353,000 after buying an additional 56,820 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in shares of Roku by 3.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 990,867 shares of the company’s stock worth $73,661,000 after buying an additional 34,898 shares during the period. Achmea Investment Management B.V. grew its holdings in shares of Roku by 146.4% during the fourth quarter. Achmea Investment Management B.V. now owns 10,168 shares of the company’s stock valued at $756,000 after buying an additional 6,042 shares during the last quarter. Finally, Allstate Corp acquired a new position in shares of Roku in the 4th quarter valued at $275,000. Institutional investors and hedge funds own 86.30% of the company’s stock.

Roku Company Profile

Roku, Inc, together with its subsidiaries, operates a TV streaming platform in the United states and internationally. The company operates in two segments, Platform and Devices. Its streaming platform allows users to find and access TV shows, movies, news, sports, and others. The Platform segment offers digital advertising, including direct and programmatic video advertising, media and entertainment promotional spending, and related services; and streaming services distribution, such as subscription and transaction revenue shares, and sale of premium subscriptions and branded app buttons on remote controls.