Roku (NASDAQ:ROKU) Stock Rating Upgraded by Seaport Res Ptn

Seaport Res Ptn upgraded shares of Roku (NASDAQ:ROKU) from a neutral rating to a buy rating in a research report released on Monday morning, Zacks.com reports. Seaport Res Ptn also issued estimates for Roku’s Q2 2025 earnings at ($0.36) EPS.

Other research analysts have also issued research reports about the stock. Oppenheimer lowered shares of Roku from an outperform rating to a market perform rating in a research note on Friday, February 16th. Benchmark reduced their target price on shares of Roku from $115.00 to $105.00 and set a buy rating on the stock in a report on Friday, April 26th. Morgan Stanley reduced their target price on shares of Roku from $65.00 to $60.00 and set an underweight rating on the stock in a report on Friday, April 5th. Rosenblatt Securities reaffirmed a neutral rating and issued a $89.00 target price on shares of Roku in a report on Friday, April 26th. Finally, Susquehanna reduced their target price on shares of Roku from $110.00 to $80.00 and set a positive rating on the stock in a report on Monday. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and nine have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of Hold and an average price target of $84.21.

Roku Stock Performance

NASDAQ ROKU opened at $59.13 on Monday. The firm has a 50 day simple moving average of $62.24 and a 200-day simple moving average of $78.31. Roku has a one year low of $51.62 and a one year high of $108.84. The firm has a market cap of $8.49 billion, a price-to-earnings ratio of -14.82 and a beta of 1.66.

Roku (NASDAQ:ROKU) last posted its quarterly earnings data on Thursday, April 25th. The company reported ($0.35) EPS for the quarter, beating the consensus estimate of ($0.64) by $0.29. Roku had a negative net margin of 15.64% and a negative return on equity of 23.81%. The business had revenue of $881.50 million during the quarter, compared to analyst estimates of $843.54 million. During the same quarter last year, the firm posted ($1.38) earnings per share. The business’s revenue for the quarter was up 19.0% compared to the same quarter last year. Equities analysts predict that Roku will post -1.98 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Anthony J. Wood sold 25,000 shares of Roku stock in a transaction on Monday, February 12th. The shares were sold at an average price of $98.64, for a total value of $2,466,000.00. Following the transaction, the chief executive officer now directly owns 141,221 shares of the company’s stock, valued at approximately $13,930,039.44. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, CEO Anthony J. Wood sold 25,000 shares of Roku stock in a transaction on Monday, February 12th. The shares were sold at an average price of $98.64, for a total value of $2,466,000.00. Following the transaction, the chief executive officer now directly owns 141,221 shares of the company’s stock, valued at approximately $13,930,039.44. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Stephen H. Kay sold 4,310 shares of Roku stock in a transaction on Monday, March 4th. The shares were sold at an average price of $63.20, for a total transaction of $272,392.00. Following the completion of the transaction, the senior vice president now directly owns 81,459 shares in the company, valued at $5,148,208.80. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 54,545 shares of company stock valued at $4,364,035. 13.63% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Roku

A number of hedge funds and other institutional investors have recently bought and sold shares of ROKU. FMR LLC grew its position in Roku by 85.9% in the 3rd quarter. FMR LLC now owns 9,441,349 shares of the company’s stock valued at $666,465,000 after buying an additional 4,363,754 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. grew its position in Roku by 24.7% in the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 7,349,067 shares of the company’s stock valued at $478,939,000 after buying an additional 1,457,925 shares during the last quarter. Norges Bank purchased a new position in Roku in the 4th quarter valued at $90,386,000. Lord Abbett & CO. LLC purchased a new position in Roku in the 3rd quarter valued at $55,182,000. Finally, Wellington Management Group LLP grew its position in Roku by 34.6% in the 3rd quarter. Wellington Management Group LLP now owns 2,543,081 shares of the company’s stock valued at $179,516,000 after buying an additional 653,940 shares during the last quarter. 86.30% of the stock is currently owned by hedge funds and other institutional investors.

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.