RokuROKU
About: Roku enables consumers to stream television programming. It has more than 80 million streaming households and provided well over 100 billion streaming hours in 2023. Roku is the top streaming operating system in the US, reaching more than half of broadband households, according to the company. Roku's OS is built into streaming devices and televisions that Roku sells and on connected televisions from other manufacturers that license Roku's name and software. Roku also operates the Roku Channel, a free, ad-supported streaming television platform that offers a mix of on-demand and live television programming. Roku generates revenue primarily from selling devices, licensing, and advertising, and it receives fees from subscription streaming platforms that sell subscriptions through Roku.
Employees: 3,150
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
40% more funds holding in top 10
Funds holding in top 10: 5 [Q2] → 7 (+2) [Q3]
27% more capital invested
Capital invested by funds: $6.23B [Q2] → $7.93B (+$1.7B) [Q3]
18% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 65
1.53% more ownership
Funds ownership: 81.91% [Q2] → 83.44% (+1.53%) [Q3]
1% more funds holding
Funds holding: 521 [Q2] → 526 (+5) [Q3]
1% less call options, than puts
Call options by funds: $769M | Put options by funds: $779M
19% less repeat investments, than reductions
Existing positions increased: 155 | Existing positions reduced: 191
Research analyst outlook
12 Wall Street Analysts provided 1 year price targets over the past 3 months
12 analyst ratings
Needham Laura Martin 75% 1-year accuracy 248 / 331 met price target | 32%upside $100 | Buy Reiterated | 7 Jan 2025 |
Loop Capital Alan Gould 71% 1-year accuracy 15 / 21 met price target | 5%upside $80 | Hold Maintained | 9 Dec 2024 |
Wedbush Alicia Reese 91% 1-year accuracy 10 / 11 met price target | 32%upside $100 | Outperform Maintained | 6 Dec 2024 |
UBS John Hodulik 67% 1-year accuracy 10 / 15 met price target | 4%downside $73 | Neutral Initiated | 22 Nov 2024 |
Baird Vikram Kesavabhotla 91% 1-year accuracy 10 / 11 met price target | 19%upside $90 | Outperform Upgraded | 18 Nov 2024 |
Financial journalist opinion
Based on 34 articles about ROKU published over the past 30 days
