The price of Roku Inc (NASDAQ:ROKU) shares last traded on Wall Street rose 14.14% to $99.07.
ROKU stock price is now 22.61% away from the 50-day moving average and 43.44% away from the 200-day moving average. The market capitalization of the company currently stands at $14.38B.
With the price target enhanced from $74 to $129, Wells Fargo Upgraded its rating from Equal Weight to Overweight for Roku Inc (NASDAQ: ROKU). On February 14, 2025, Pivotal Research Group Upgraded its previous ‘Hold’ rating to ‘Buy’ on the stock increasing its target price from $65 to quote $125, while ‘JMP Securities’ rates the stock as ‘Mkt Outperform’
In other news, THE WOOD REVOCABLE TRUST U/A D, Director bought 25,000 shares of the company’s stock on Feb 14 ’25. The stock was bought for $2,170,000 at an average price of $86.80. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 14 ’25, Officer DANIEL JEDDA bought 5,000 shares of the business’s stock. A total of $502,000 was incurred on buying the stock at an average price of $100.40. A total of 12.58% of the company’s stock is owned by insiders.
During the past 12 months, Roku Inc has had a low of $48.33 and a high of $95.17. As of last week, the company has a debt-to-equity ratio of 0.21, a current ratio of 2.62, and a quick ratio of 2.50. The fifty day moving average price for ROKU is $80.8008 and a two-hundred day moving average price translates $69.06545 for the stock.
The latest earnings results from Roku Inc (NASDAQ: ROKU) was released for 2024-12-31. The net profit margin was -3.15% and return on equity was -5.37% for ROKU. The company reported revenue of $1.06 billion for the quarter, compared to $912.02 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 16.47 percent. For the current quarter, analysts expect ROKU to generate $1.01B in revenue.
