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

Roku, Inc. (NASDAQ:ROKU) – Stock analysts at Wedbush increased their FY2026 earnings per share estimates for shares of Roku in a research note issued on Wednesday, January 8th. Wedbush analyst A. Reese now forecasts that the company will earn $0.22 per share for the year, up from their previous estimate of $0.19. Wedbush has a “Outperform” rating and a $100.00 price target on the stock. The consensus estimate for Roku’s current full-year earnings is ($1.10) per share.

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

ROKU has been the subject of several other research reports. Needham & Company LLC reissued a “buy” rating and set a $100.00 price objective on shares of Roku in a report on Tuesday. Citigroup increased their price objective on shares of Roku from $60.00 to $77.00 and gave the company a “neutral” rating in a report on Wednesday, September 25th. Loop Capital increased their price objective on shares of Roku from $70.00 to $80.00 and gave the company a “hold” rating in a report on Monday, December 9th. Piper Sandler increased their price objective on shares of Roku from $60.00 to $75.00 and gave the company a “neutral” rating in a report on Thursday, October 31st. Finally, Bank of America increased their price objective on shares of Roku from $75.00 to $90.00 and gave the company a “buy” rating in a report on Monday, September 30th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $83.81.

Roku Stock Performance

Shares of Roku stock opened at $83.00 on Thursday. The company has a market capitalization of $12.05 billion, a P/E ratio of -69.17 and a beta of 2.05. The company has a fifty day moving average of $75.50 and a 200 day moving average of $69.71. Roku has a fifty-two week low of $48.33 and a fifty-two week high of $99.80.

Hedge Funds Weigh In On Roku

Several institutional investors have recently bought and sold shares of the business. Raelipskie Partnership acquired a new stake in Roku in the third quarter valued at approximately $32,000. Future Financial Wealth Managment LLC acquired a new stake in Roku in the third quarter valued at approximately $43,000. GS Investments Inc. boosted its stake in Roku by 33.4% in the third quarter. GS Investments Inc. now owns 587 shares of the company’s stock valued at $44,000 after acquiring an additional 147 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in Roku by 123.4% in the second quarter. EverSource Wealth Advisors LLC now owns 679 shares of the company’s stock valued at $40,000 after acquiring an additional 375 shares in the last quarter. Finally, Cedar Wealth Management LLC acquired a new stake in Roku in the second quarter valued at approximately $48,000. 86.30% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Roku

In related news, CFO Dan Jedda sold 1,000 shares of Roku stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $82.73, for a total transaction of $82,730.00. Following the transaction, the chief financial officer now directly owns 64,555 shares of the company’s stock, valued at $5,340,635.15. This trade represents a 1.53 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Charles Collier sold 10,771 shares of Roku stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $71.14, for a total transaction of $766,248.94. Following the transaction, the insider now directly owns 3,790 shares in the company, valued at approximately $269,620.60. The trade was a 73.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 48,095 shares of company stock valued at $3,731,038. 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.