Roku (NASDAQ:ROKU) Upgraded to Buy by Seaport Res Ptn

Roku (NASDAQ:ROKU) was upgraded by research analysts at Seaport Res Ptn from a “neutral” rating to a “buy” rating in a research note issued on Monday, Zacks.com reports. Seaport Res Ptn also issued estimates for Roku’s Q2 2025 earnings at ($0.36) EPS.

Several other equities analysts also recently weighed in on the stock. Stephens reiterated an “overweight” rating and issued a $105.00 target price on shares of Roku in a research note on Friday, February 16th. Pivotal Research lowered their target price on shares of Roku from $85.00 to $75.00 and set a “hold” rating on the stock in a report on Friday, February 16th. Piper Sandler restated a “neutral” rating and set a $65.00 target price (down previously from $81.00) on shares of Roku in a research report on Friday. Benchmark reduced their price target on Roku from $115.00 to $105.00 and set a “buy” rating for the company in a research report on Friday. Finally, Citigroup dropped their price objective on Roku from $110.00 to $75.00 and set a “neutral” rating on the stock in a report on Wednesday, February 21st. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $84.47.

Roku Stock Performance

Shares of ROKU stock opened at $58.66 on Monday. The stock has a 50 day simple moving average of $62.53 and a two-hundred day simple moving average of $78.50. The company has a market cap of $8.42 billion, a P/E ratio of -14.70 and a beta of 1.66. Roku has a fifty-two week low of $51.62 and a fifty-two week high of $108.84.

Roku (NASDAQ:ROKU) last issued its earnings results on Thursday, April 25th. The company reported ($0.35) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.64) by $0.29. The company had revenue of $881.50 million for the quarter, compared to analyst estimates of $843.54 million. Roku had a negative return on equity of 23.73% and a negative net margin of 15.64%. Roku’s revenue for the quarter was up 19.0% on a year-over-year basis. During the same period in the prior year, the firm earned ($1.38) earnings per share. On average, research analysts predict that Roku will post -2.12 earnings per share for the current year.

Insiders Place Their Bets

In other news, CEO Anthony J. Wood sold 25,000 shares of the stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $98.64, for a total transaction of $2,466,000.00. Following the transaction, the chief executive officer now directly owns 141,221 shares in the company, valued at approximately $13,930,039.44. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other Roku news, insider Charles Collier sold 12,277 shares of the business’s stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of $65.06, for a total value of $798,741.62. Following the completion of the sale, the insider now directly owns 4,292 shares of the company’s stock, valued at $279,237.52. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Anthony J. Wood sold 25,000 shares of the firm’s stock in a transaction dated 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 in the company, valued at $13,930,039.44. The disclosure for this sale can be found here. Insiders sold a total of 54,545 shares of company stock valued at $4,364,035 over the last 90 days. Insiders own 13.63% of the company’s stock.

Institutional Investors Weigh In On Roku

Several institutional investors have recently bought and sold shares of ROKU. Harbour Investments Inc. grew its holdings in Roku by 3.3% in the 3rd quarter. Harbour Investments Inc. now owns 3,499 shares of the company’s stock worth $247,000 after acquiring an additional 113 shares during the last quarter. Avantax Advisory Services Inc. grew its stake in shares of Roku by 0.9% in the fourth quarter. Avantax Advisory Services Inc. now owns 12,949 shares of the company’s stock worth $1,187,000 after purchasing an additional 117 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in Roku by 0.3% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 50,971 shares of the company’s stock valued at $4,415,000 after purchasing an additional 150 shares during the period. Spire Wealth Management raised its position in Roku by 35.3% during the 3rd quarter. Spire Wealth Management now owns 621 shares of the company’s stock valued at $44,000 after purchasing an additional 162 shares during the last quarter. Finally, Arizona State Retirement System lifted its holdings in Roku by 0.5% in the 3rd quarter. Arizona State Retirement System now owns 33,655 shares of the company’s stock worth $2,376,000 after buying an additional 173 shares during the period. 86.30% of the stock is currently owned by hedge funds and other institutional investors.

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.