Roku Inc [NASDAQ: ROKU] jumped around 2.02 points on Thursday, while shares priced at $86.80 at the close of the session, up 2.38%.
Compared to the average trading volume of 3.25M shares, ROKU reached a trading volume of 9676222 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Roku Inc [ROKU]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ROKU shares is $83.28 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ROKU stock is a recommendation set at 2.39. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
JMP Securities have made an estimate for Roku Inc shares, keeping their opinion on the stock as Mkt Outperform, with their previous recommendation back on January 21, 2025. The new note on the price target was released on January 10, 2025, representing the official price target for Roku Inc stock. Previously, the target price had yet another raise to $73, while UBS analysts kept a Neutral rating on ROKU stock. On November 18, 2024, analysts increased their price target for ROKU shares from 70 to 90.
The Average True Range (ATR) for Roku Inc is set at 3.95, with the Price to Sales ratio for ROKU stock in the period of the last 12 months amounting to 3.23. The Price to Book ratio for the last quarter was 5.12, with the Price to Cash per share for the same quarter was set at 14.66. Price to Free Cash Flow for ROKU in the course of the last twelve months was 151.41 with Quick ratio for the last quarter at 2.40.
How has ROKU stock performed recently?
Roku Inc [ROKU] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 7.05. With this latest performance, ROKU shares gained by 16.04% in over the last four-week period, additionally plugging by 53.60% over the last 6 months – not to mention a drop of -11.94% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ROKU stock in for the last two-week period is set at 60.55, with the RSI for the last a single of trading hit 63.96, and the three-weeks RSI is set at 58.49 for Roku Inc [ROKU]. The present Moving Average for the last 50 days of trading for this stock 80.36, while it was recorded at 84.79 for the last single week of trading, and 68.86 for the last 200 days.
Roku Inc [ROKU]: Deeper insight into the fundamentals
Roku Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.40 and a Current Ratio set at 2.56.
Insider trade positions for Roku Inc [ROKU]
The top three institutional holders of ROKU stocks are: FMR LLC with ownership of 14.33 million shares, which is approximately 9.925%. ARK INVESTMENT MANAGEMENT LLC, holding 12.72 million shares of the stock with an approximate value of $$762.1 million in ROKU stocks shares; and ARK INVESTMENT MANAGEMENT LLC, currently with $$720.25 million in ROKU stock with ownership which is approximately 8.3604%.
