Wedbush Estimates Roku’s FY2026 Earnings (NASDAQ:ROKU)

Roku, Inc. (NASDAQ:ROKU) – Analysts at Wedbush raised their FY2026 EPS estimates for Roku in a note issued to investors on Wednesday, January 8th. Wedbush analyst A. Reese now anticipates that the company will post earnings of $0.22 per share for the year, up from their previous estimate of $0.19. 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 ($1.10) per share.

ROKU has been the topic of several other reports. JPMorgan Chase & Co. upped their price target on shares of Roku from $90.00 to $92.00 and gave the company an “overweight” rating in a report on Thursday, October 10th. Moffett Nathanson upgraded shares of Roku from a “sell” rating to a “neutral” rating and set a $80.00 price objective for the company in a research report on Tuesday, October 1st. Morgan Stanley upped their price objective on shares of Roku from $60.00 to $65.00 and gave the stock an “underweight” rating in a research report on Tuesday, October 29th. Needham & Company LLC reiterated a “buy” rating and issued a $100.00 price objective on shares of Roku in a research report on Tuesday. Finally, Jefferies Financial Group decreased their price objective on shares of Roku from $60.00 to $55.00 and set an “underperform” rating for the company in a research report on Friday, November 1st. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $83.81.

Roku Stock Performance

NASDAQ:ROKU opened at $83.00 on Thursday. Roku has a one year low of $48.33 and a one year high of $99.80. The firm has a market cap of $12.05 billion, a price-to-earnings ratio of -69.17 and a beta of 2.05. The firm’s fifty day moving average is $75.50 and its two-hundred day moving average is $69.71.

Roku (NASDAQ:ROKU) last posted its quarterly earnings results on Wednesday, October 30th. The company reported ($0.06) EPS for the quarter, beating the consensus estimate of ($0.35) by $0.29. Roku had a negative net margin of 4.42% and a negative return on equity of 7.22%. The company had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.02 billion. During the same period in the prior year, the company earned ($2.33) earnings per share. The firm’s revenue was up 16.5% on a year-over-year basis.

Institutional Investors Weigh In On Roku

A number of hedge funds have recently added to or reduced their stakes in ROKU. Holocene Advisors LP acquired a new stake in shares of Roku in the 3rd quarter valued at $129,015,000. Westfield Capital Management Co. LP raised its stake in Roku by 126.1% during the 3rd quarter. Westfield Capital Management Co. LP now owns 1,535,576 shares of the company’s stock worth $114,646,000 after acquiring an additional 856,401 shares in the last quarter. Point72 Asset Management L.P. grew its position in Roku by 352.5% during the 3rd quarter. Point72 Asset Management L.P. now owns 651,658 shares of the company’s stock worth $48,653,000 after purchasing an additional 507,643 shares during the last quarter. JAT Capital Mgmt LP grew its position in Roku by 470.2% during the 3rd quarter. JAT Capital Mgmt LP now owns 540,577 shares of the company’s stock worth $40,359,000 after purchasing an additional 445,777 shares during the last quarter. Finally, FMR LLC grew its position in Roku by 1.7% during the 3rd quarter. FMR LLC now owns 14,570,372 shares of the company’s stock worth $1,087,824,000 after purchasing an additional 244,793 shares during the last quarter. 86.30% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, CFO Dan Jedda sold 1,000 shares of the stock in a transaction that occurred on Tuesday, November 19th. The shares were sold at an average price of $75.00, for a total transaction of $75,000.00. Following the completion of the transaction, the chief financial officer now owns 65,555 shares of the company’s stock, valued at approximately $4,916,625. This trade represents a 1.50 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Matthew C. Banks sold 8,693 shares of the stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $71.44, for a total transaction of $621,027.92. Following the sale, the chief accounting officer now owns 7,264 shares in the company, valued at approximately $518,940.16. This trade represents a 54.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 48,095 shares of company stock valued at $3,731,038 in the last 90 days. Company insiders own 13.98% of the company’s stock.

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.