Wedbush Predicts Roku’s Q1 Earnings (NASDAQ:ROKU)

Roku, Inc. (NASDAQ:ROKU) – Investment analysts at Wedbush issued their Q1 2026 earnings per share estimates for Roku in a note issued to investors on Monday, April 28th. Wedbush analyst A. Reese anticipates that the company will post earnings per share of ($0.14) for the quarter. Wedbush currently has a “Outperform” rating and a $100.00 target price on the stock. The consensus estimate for Roku’s current full-year earnings is ($0.30) per share.

Several other research firms have also weighed in on ROKU. Citizens Jmp raised Roku to a “strong-buy” rating in a research report on Tuesday, January 21st. Jefferies Financial Group raised Roku from an “underperform” rating to a “hold” rating and boosted their price target for the stock from $55.00 to $100.00 in a research report on Thursday, February 20th. Compass Point assumed coverage on Roku in a research report on Sunday, March 23rd. They set a “buy” rating on the stock. Wells Fargo & Company lowered their price target on Roku from $129.00 to $93.00 and set an “overweight” rating on the stock in a research report on Monday. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $88.50 price target on shares of Roku in a research report on Thursday, April 24th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, sixteen have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, Roku has an average rating of “Moderate Buy” and a consensus price target of $90.39.

Roku Stock Performance

Shares of Roku stock opened at $68.18 on Tuesday. The business’s 50 day simple moving average is $69.62 and its 200 day simple moving average is $75.36. Roku has a 52-week low of $48.33 and a 52-week high of $104.96. The firm has a market cap of $9.95 billion, a PE ratio of -76.61 and a beta of 2.17.

Roku (NASDAQ:ROKU) last released its quarterly earnings results on Thursday, February 13th. The company reported ($0.24) EPS for the quarter, topping analysts’ consensus estimates of ($0.44) by $0.20. The company had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.15 billion. Roku had a negative return on equity of 5.34% and a negative net margin of 3.15%.

Hedge Funds Weigh In On Roku

Several hedge funds have recently bought and sold shares of ROKU. Farther Finance Advisors LLC lifted its position in shares of Roku by 23.9% in the 4th quarter. Farther Finance Advisors LLC now owns 627 shares of the company’s stock worth $47,000 after purchasing an additional 121 shares during the period. United Advisor Group LLC grew its holdings in Roku by 0.9% in the fourth quarter. United Advisor Group LLC now owns 14,430 shares of the company’s stock worth $1,073,000 after purchasing an additional 130 shares during the period. Cerity Partners LLC boosted its position in shares of Roku by 0.5% during the 4th quarter. Cerity Partners LLC now owns 26,679 shares of the company’s stock worth $1,984,000 after purchasing an additional 145 shares in the last quarter. Richard W. Paul & Associates LLC grew its stake in shares of Roku by 1.1% in the 4th quarter. Richard W. Paul & Associates LLC now owns 15,997 shares of the company’s stock valued at $1,189,000 after buying an additional 177 shares during the period. Finally, CIBC Asset Management Inc grew its stake in shares of Roku by 5.2% in the 4th quarter. CIBC Asset Management Inc now owns 3,859 shares of the company’s stock valued at $287,000 after buying an additional 191 shares during the period. 86.30% of the stock is owned by institutional investors.

Insider Buying and Selling at Roku

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

About Roku

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.