Wedbush Estimates Roku’s Q1 Earnings (NASDAQ:ROKU)

Roku, Inc. (NASDAQ:ROKU) – Stock analysts at Wedbush issued their Q1 2026 earnings per share estimates for shares of Roku in a research note issued to investors on Monday, April 28th. Wedbush analyst A. Reese forecasts that the company will post earnings of ($0.14) per share for the quarter. 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 ($0.30) per share.

Other analysts also recently issued reports about the company. JPMorgan Chase & Co. decreased their price objective on Roku from $115.00 to $75.00 and set an “overweight” rating for the company in a report on Tuesday, April 22nd. Moffett Nathanson raised shares of Roku from a “sell” rating to a “neutral” rating and set a $70.00 target price for the company in a report on Tuesday, March 4th. Needham & Company LLC reaffirmed a “buy” rating and set a $88.50 target price on shares of Roku in a report on Thursday, April 24th. Rosenblatt Securities reaffirmed a “neutral” rating and issued a $86.00 price target on shares of Roku in a report on Thursday, February 13th. Finally, Redburn Atlantic raised shares of Roku from a “neutral” rating to a “buy” rating and set a $100.00 price target on the stock in a research note on Monday, April 7th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, eighteen have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $89.93.

Roku Price Performance

Shares of NASDAQ ROKU opened at $68.14 on Tuesday. The business’s 50 day moving average is $70.51 and its two-hundred day moving average is $75.45. Roku has a 1-year low of $48.33 and a 1-year high of $104.96. The stock has a market capitalization of $9.94 billion, a P/E ratio of -76.56 and a beta of 2.17.

Roku (NASDAQ:ROKU) last issued its quarterly earnings data on Thursday, February 13th. The company reported ($0.24) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.44) by $0.20. Roku had a negative net margin of 3.15% and a negative return on equity of 5.34%. The company had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.15 billion.

Institutional Investors Weigh In On Roku

A number of hedge funds have recently added to or reduced their stakes in the business. Franklin Resources Inc. boosted its holdings in Roku by 14.5% during the third quarter. Franklin Resources Inc. now owns 82,170 shares of the company’s stock worth $6,275,000 after purchasing an additional 10,416 shares during the last quarter. Everence Capital Management Inc. purchased a new position in Roku during the fourth quarter valued at approximately $350,000. Oak Thistle LLC purchased a new stake in shares of Roku in the fourth quarter worth $823,000. Avanza Fonder AB purchased a new stake in Roku in the fourth quarter valued at approximately $3,499,000. Finally, O Keefe Stevens Advisory Inc. increased its stake in Roku by 39.5% in the fourth quarter. O Keefe Stevens Advisory Inc. now owns 3,893 shares of the company’s stock valued at $289,000 after acquiring an additional 1,102 shares during the last quarter. 86.30% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, insider Charles Collier sold 7,181 shares of the company’s stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $78.25, for a total transaction of $561,913.25. Following the completion of the transaction, the insider now directly owns 7,380 shares in the company, valued at $577,485. This represents a 49.32 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Anthony J. Wood sold 4,600 shares of the business’s stock in a transaction that occurred on Thursday, March 20th. The stock was sold at an average price of $75.00, for a total transaction of $345,000.00. Following the sale, the chief executive officer now directly owns 6,243 shares in the company, valued at $468,225. The trade was a 42.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 71,905 shares of company stock worth $6,560,876. Insiders own 13.98% of the company’s stock.

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.