Growth Story Still Intact For Roku Inc (ROKU)

Roku Inc (ROKU) concluded trading on Thursday at a closing price of $75.16, with 3.02 million shares of worth about $227.03 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 16.04% during that period and on January 16, 2025 the price saw a loss of about -1.79%. Currently the company’s common shares owned by public are about 127.89M shares, out of which, 127.00M shares are available for trading.

Stock saw a price change of -9.45% in past 5 days and over the past one month there was a price change of -9.43%. Year-to-date (YTD), ROKU shares are showing a performance of 1.10% which decreased to -11.36% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $48.33 but also hit the highest price of $99.80 during that period. The average intraday trading volume for Roku Inc shares is 3.78 million. The stock is currently trading -3.65% below its 20-day simple moving average (SMA20), while that difference is down -1.40% for SMA50 and it goes to 12.55% higher than SMA200.

Roku Inc (NASDAQ: ROKU) currently have 127.89M outstanding shares and institutions hold larger chunk of about 73.88% of that.

The stock has a current market capitalization of $10.91B and its 3Y-monthly beta is at 2.04. It has posted earnings per share of -$1.20 in the same period. It has Quick Ratio of 2.40 while making debt-to-equity ratio of 0.25. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ROKU, volatility over the week remained 3.41% while standing at 4.52% over the month.

Stock’s fiscal year EPS is expected to rise by 78.83% while it is estimated to increase by 37.26% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by MoffettNathanson on January 10, 2025 offering a Sell rating for the stock and assigned a target price of $55 to it. Coverage by UBS stated Roku Inc (ROKU) stock as a Neutral in their note to investors on November 22, 2024, suggesting a price target of $73 for the stock. On November 18, 2024, Robert W. Baird Upgrade their recommendations, while on October 10, 2024, JP Morgan Reiterated their ratings for the stock with a price target of $92. Stock get a Neutral rating from MoffettNathanson on October 01, 2024.

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