Citizens Jmp Issues Positive Forecast for Roku (NASDAQ:ROKU) Stock Price

Roku (NASDAQ:ROKU) had its target price boosted by Citizens Jmp from $160.00 to $170.00 in a research report released on Friday morning,Benzinga reports. Citizens Jmp currently has a market outperform rating on the stock.

A number of other research firms have also recently issued reports on ROKU. Zacks Research cut Roku from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 14th. KeyCorp lifted their price objective on Roku from $140.00 to $150.00 and gave the company an “overweight” rating in a research report on Friday. Evercore reissued an “outperform” rating and set a $150.00 price objective on shares of Roku in a research report on Friday, February 13th. Needham & Company LLC boosted their price target on Roku from $110.00 to $140.00 and gave the stock a “buy” rating in a research report on Friday. Finally, Bank of America boosted their price target on Roku from $115.00 to $140.00 and gave the stock a “buy” rating in a research report on Monday, January 12th. Twenty-two equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $141.33.

Roku Price Performance

ROKU traded up $7.02 during trading on Friday, reaching $123.58. 8,095,098 shares of the stock traded hands, compared to its average volume of 2,456,279. The stock has a market cap of $18.22 billion, a price-to-earnings ratio of 216.81 and a beta of 2.00. Roku has a fifty-two week low of $58.55 and a fifty-two week high of $127.00. The stock’s 50-day simple moving average is $100.40 and its two-hundred day simple moving average is $100.78.

Roku (NASDAQ:ROKU) last released its quarterly earnings data on Thursday, April 30th. The company reported $0.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.34 by $0.23. The firm had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.20 billion. Roku had a return on equity of 7.68% and a net margin of 4.06%.The business’s revenue for the quarter was up 22.4% on a year-over-year basis. During the same quarter last year, the firm earned ($0.19) earnings per share. Research analysts anticipate that Roku will post 2.1 earnings per share for the current fiscal year.

Insider Transactions at Roku

In related news, CEO Anthony J. Wood sold 50,000 shares of the business’s stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $90.79, for a total transaction of $4,539,500.00. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, insider Charles Collier sold 205,821 shares of the business’s stock in a transaction dated Wednesday, April 8th. The shares were sold at an average price of $105.00, for a total value of $21,611,205.00. Following the transaction, the insider owned 11,131 shares in the company, valued at $1,168,755. This represents a 94.87% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 632,182 shares of company stock valued at $67,058,733. 13.98% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Roku

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Blue Trust Inc. increased its stake in Roku by 680.0% during the fourth quarter. Blue Trust Inc. now owns 234 shares of the company’s stock valued at $25,000 after acquiring an additional 204 shares during the period. Aventura Private Wealth LLC bought a new position in Roku during the fourth quarter valued at about $26,000. Bayban increased its stake in Roku by 1,300.0% during the first quarter. Bayban now owns 280 shares of the company’s stock valued at $26,000 after acquiring an additional 260 shares during the period. WPG Advisers LLC bought a new position in Roku during the fourth quarter valued at about $31,000. Finally, Safe Harbor Fiduciary LLC bought a new position in Roku during the fourth quarter valued at about $31,000. 86.30% of the stock is currently owned by institutional investors.

Roku News Summary

Here are the key news stories impacting Roku this week:

• Positive Sentiment: Roku reported better‑than‑expected Q1 results: adjusted EPS $0.57 vs. ~$0.33–$0.34 consensus and revenue of ~$1.25B (up ~22% YoY), signaling a return to profitability. Article Title
• Positive Sentiment: Advertising and subscription monetization accelerated — ad revenue jumped ~27% YoY (roughly $612–616M) and subscriptions grew strongly, boosting platform profitability and gross margin contribution. Article Title
• Positive Sentiment: Roku raised its annual platform revenue forecast (management showed confidence in continued ad spend), which analysts viewed as a meaningful guidance tightening. Article Title
• Positive Sentiment: Wall Street quickly reacted with upgrades and price‑target increases (multiple firms raised targets into the $140–$170 range), amplifying buying interest. Example coverage of the analyst lift is here. Article Title
• Neutral Sentiment: Roku provided updated FY/Q2 revenue guidance (platform revenue outlook raised), but management’s EPS guidance language was uneven in releases — investors are focused on platform revenue growth more than near‑term EPS clarity. Article Title
• Negative Sentiment: Hardware/devices remain a drag on margins and growth (devices are lower‑margin and not yet turning the corner), a headwind investors will watch as platform monetization scales. Article Title
• Negative Sentiment: Valuation risk: ROKU still trades at a high P/E relative to mature media peers, so the stock is sensitive to execution slips or a slowdown in advertising growth. (Background valuation context drives some caution among investors.)

About Roku

Roku, Inc (NASDAQ: ROKU) is a technology company that develops and operates a proprietary streaming platform designed to deliver entertainment content to consumers via internet-connected devices and smart televisions. Since its inception in 2002 in California, Roku has focused on simplifying access to streaming services for viewers worldwide. The company’s platform enables users to discover, access and manage a wide array of over-the-top content from major streaming services, free ad-supported channels and niche providers.

At the core of Roku’s product lineup are a range of streaming players and sticks, which connect to televisions via HDMI and deliver the Roku OS experience.