Roku (ROKU) Expected to Announce Earnings on Thursday

Roku (NASDAQ:ROKU - Get Free Report) is expected to release its earnings data before the market opens on Thursday, April 24th. Analysts expect Roku to post earnings of ($0.27) per share and revenue of $1.01 billion for the quarter. Roku has set its Q1 2025 guidance at EPS and its FY 2025 guidance at EPS.Investors that wish to register for the company's conference call can do so using this link.

Roku (NASDAQ:ROKU - Get Free Report) last announced its earnings results on Thursday, February 13th. The company reported ($0.24) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.44) by $0.20. The company had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.15 billion. Roku had a negative net margin of 3.15% and a negative return on equity of 5.34%. On average, analysts expect Roku to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Roku Stock Up 0.1 %

Shares of Roku stock traded up $0.06 on Friday, hitting $58.46. The stock had a trading volume of 2,568,091 shares, compared to its average volume of 3,798,898. The stock's 50-day simple moving average is $74.56 and its two-hundred day simple moving average is $76.13. Roku has a one year low of $48.33 and a one year high of $104.96. The stock has a market cap of $8.53 billion, a price-to-earnings ratio of -65.69 and a beta of 2.17.

Insider Activity at Roku

In related news, CFO Dan Jedda sold 1,000 shares of the firm's stock in a transaction that occurred on Thursday, March 20th. The shares were sold at an average price of $75.00, for a total transaction of $75,000.00. Following the completion of the sale, the chief financial officer now directly owns 68,843 shares in the company, valued at approximately $5,163,225. This trade represents a 1.43 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Charles Collier sold 7,181 shares of Roku stock in a transaction on Tuesday, March 4th. The shares were sold at an average price of $78.25, for a total value of $561,913.25. Following the sale, the insider now directly owns 7,380 shares of the company's stock, valued at approximately $577,485. The trade was a 49.32 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 71,905 shares of company stock worth $6,560,876 over the last quarter. 13.98% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

ROKU has been the subject of several recent research reports. UBS Group lowered their target price on shares of Roku from $90.00 to $72.00 and set a "neutral" rating for the company in a report on Tuesday. FBN Securities initiated coverage on Roku in a report on Friday, March 28th. They issued an "outperform" rating and a $93.00 price objective for the company. Redburn Atlantic upgraded shares of Roku from a "neutral" rating to a "buy" rating and set a $100.00 price target on the stock in a research report on Monday, April 7th. Citigroup raised shares of Roku from a "neutral" rating to an "outperform" rating in a report on Sunday, March 23rd. Finally, JMP Securities upped their price target on Roku from $95.00 to $115.00 and gave the stock a "market outperform" rating in a research note on Friday, February 14th. One analyst has rated the stock with a sell rating, six have given a hold rating, eighteen have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $94.11.

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.