Wedbush Comments on Roku’s FY2026 Earnings (NASDAQ:ROKU)

Roku, Inc. (NASDAQ:ROKU) – Stock analysts at Wedbush boosted their FY2026 earnings per share estimates for shares of Roku in a research note issued to investors on Wednesday, January 8th. Wedbush analyst A. Reese now expects that the company will post earnings per share of $0.22 for the year, up from their prior forecast 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.

Other equities research analysts also recently issued reports about the company. JPMorgan Chase & Co. raised their target price on Roku from $90.00 to $92.00 and gave the company an “overweight” rating in a report on Thursday, October 10th. Needham & Company LLC reiterated a “buy” rating and set a $100.00 price objective on shares of Roku in a research note on Tuesday. Loop Capital boosted their target price on shares of Roku from $70.00 to $80.00 and gave the stock a “hold” rating in a research report on Monday, December 9th. Rosenblatt Securities lifted their price target on shares of Roku from $61.00 to $86.00 and gave the stock a “neutral” rating in a research note on Thursday, October 31st. Finally, Jefferies Financial Group cut their price objective on shares of Roku from $60.00 to $55.00 and set an “underperform” rating on the stock in a report on Friday, November 1st. Two analysts have rated the stock with a sell rating, nine have issued a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $83.81.

Roku Price Performance

NASDAQ:ROKU opened at $83.00 on Thursday. The business’s 50-day moving average is $75.61 and its two-hundred day moving average is $69.80. The firm has a market capitalization of $12.05 billion, a PE ratio of -69.17 and a beta of 2.05. Roku has a 12 month low of $48.33 and a 12 month high of $99.80.

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 firm had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.02 billion. During the same quarter last year, the firm posted ($2.33) earnings per share. Roku’s revenue for the quarter was up 16.5% compared to the same quarter last year.

Institutional Trading of Roku

Hedge funds have recently added to or reduced their stakes in the business. Raelipskie Partnership bought a new stake in shares of Roku during the third quarter valued at about $32,000. EverSource Wealth Advisors LLC increased its stake in Roku by 123.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 679 shares of the company’s stock valued at $40,000 after buying an additional 375 shares during the period. Future Financial Wealth Managment LLC bought a new stake in shares of Roku during the 3rd quarter worth about $43,000. GS Investments Inc. lifted its stake in shares of Roku by 33.4% in the 3rd quarter. GS Investments Inc. now owns 587 shares of the company’s stock worth $44,000 after acquiring an additional 147 shares during the period. Finally, Cedar Wealth Management LLC bought a new position in shares of Roku in the second quarter valued at approximately $48,000. Institutional investors own 86.30% of the company’s stock.

Insider Activity

In other Roku news, CFO Dan Jedda sold 1,000 shares of the business’s stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $82.73, for a total transaction of $82,730.00. Following the completion of the transaction, the chief financial officer now directly owns 64,555 shares of the company’s stock, valued at $5,340,635.15. The trade was a 1.53 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Charles Collier sold 10,771 shares of the company’s stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $71.14, for a total transaction of $766,248.94. Following the completion of the transaction, the insider now owns 3,790 shares of the company’s stock, valued at approximately $269,620.60. This trade represents a 73.97 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 48,095 shares of company stock valued at $3,731,038. 13.98% of the stock is currently owned by insiders.

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.