JPMorgan Chase & Co. Forecasts Strong Price Appreciation for Roku (NASDAQ:ROKU) Stock

Roku (NASDAQ:ROKU) had its price target lifted by equities researchers at JPMorgan Chase & Co. from $105.00 to $115.00 in a report released on Friday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target indicates a potential upside of 8.36% from the company’s current price.

Several other analysts have also recently issued reports on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of Roku in a research report on Wednesday, October 8th. Evercore ISI reaffirmed a “positive” rating on shares of Roku in a research note on Friday. Pivotal Research boosted their target price on Roku from $100.00 to $120.00 and gave the company a “buy” rating in a research report on Friday, August 1st. UBS Group set a $85.00 price target on Roku in a research report on Friday. Finally, Wall Street Zen raised shares of Roku from a “hold” rating to a “buy” rating in a research note on Sunday, October 19th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $106.36.

Roku Price Performance

Shares of ROKU opened at $106.13 on Friday. The stock has a market capitalization of $15.64 billion, a price-to-earnings ratio of -530.62, a price-to-earnings-growth ratio of 9.93 and a beta of 2.13. Roku has a 1 year low of $52.43 and a 1 year high of $116.66. The business’s 50 day simple moving average is $98.02 and its 200-day simple moving average is $85.49.

Roku (NASDAQ:ROKU) last announced its quarterly earnings results on Thursday, October 30th. The company reported $0.16 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.09. The company had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $1.21 billion. Roku had a negative net margin of 0.61% and a negative return on equity of 1.09%. Roku’s quarterly revenue was up 14.0% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.06) earnings per share. Roku has set its Q4 2025 guidance at EPS. On average, sell-side analysts expect that Roku will post -0.3 earnings per share for the current year.

Insider Transactions at Roku

In related news, CEO Anthony J. Wood sold 25,000 shares of the firm’s stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $100.00, for a total value of $2,500,000.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Mustafa Ozgen sold 50,527 shares of the business’s stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $100.00, for a total transaction of $5,052,700.00. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 353,331 shares of company stock worth $35,140,823. Insiders own 13.98% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of ROKU. Banque Transatlantique SA bought a new stake in Roku during the 1st quarter valued at $28,000. Beaird Harris Wealth Management LLC purchased a new position in shares of Roku during the first quarter valued at $30,000. Westfuller Advisors LLC bought a new stake in shares of Roku in the third quarter valued at about $30,000. Root Financial Partners LLC purchased a new stake in Roku in the third quarter worth about $33,000. Finally, Rakuten Securities Inc. grew its holdings in Roku by 55.6% during the 2nd quarter. Rakuten Securities Inc. now owns 442 shares of the company’s stock worth $39,000 after acquiring an additional 158 shares in the last quarter. Institutional investors own 86.30% of the company’s stock.

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.