A share price of Roku Inc [ROKU] is currently trading at $84.12, up 2.55%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ROKU shares have gain 21.86% over the last week, with a monthly amount glided 16.40%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Roku Inc [NASDAQ: ROKU] stock has seen the most recent analyst activity on November 22, 2024, when UBS initiated its Neutral rating and assigned the stock a price target of $73. Previously, Robert W. Baird upgraded its rating to Outperform on November 18, 2024, and elevated its price target to $90. On October 10, 2024, JP Morgan reiterated its Overweight rating and revised its price target to $92 on the stock. MoffettNathanson upgraded its rating to a Neutral but stick to its price target of $80 on October 01, 2024. Wolfe Research upgraded its rating to a Outperform but $93 remained the price target by the analyst firm on September 12, 2024. Wells Fargo upgraded its rating to Equal Weight for this stock on September 05, 2024, and upped its price target to $72. In a note dated August 23, 2024, Guggenheim upgraded an Buy rating on this stock but restated the target price of $75.
Roku Inc experienced fluctuations in its stock price throughout the past year between $48.33 and $108.84. Currently, Wall Street analysts expect the stock to reach $77.75 within the next 12 months. Roku Inc [NASDAQ: ROKU] shares were valued at $84.12 at the most recent close of the market. An investor can expect a potential drop of -7.57% based on the average ROKU price forecast.
Analyzing the ROKU fundamentals
Trailing Twelve Months sales for Roku Inc [NASDAQ:ROKU] were 3.90B which represents 16.47% growth. Gross Profit Margin for this corporation currently stands at 0.43% with Operating Profit Margin at -0.06%, Pretax Profit Margin comes in at -0.04%, and Net Profit Margin reading is -0.04%. To continue investigating profitability, this company’s Return on Assets is posted at -0.04, Equity is -0.07 and Total Capital is -0.08.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 82.37 points at the first support level, and at 80.61 for the second support level. However, for the 1st resistance point, the stock is sitting at 86.18, and for the 2nd resistance point, it is at 88.23.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Roku Inc [NASDAQ:ROKU] is 2.56. Also, the Quick Ratio is 2.40, while the Cash Ratio stands at 1.71. Considering the valuation of this stock, the price to sales ratio is 3.21, the price to book ratio is 4.96.
Transactions by insiders
Recent insider trading involved Banks Matthew C., VP, Corp Controller & CAO, that happened on Dec 02 ’24 when 211.0 shares were sold. Officer, MATT BANKS completed a deal on Dec 02 ’24 to buy 211.0 shares. Meanwhile, CFO Jedda Dan sold 1000.0 shares on Nov 19 ’24.
