Wedbush Forecasts Roku’s Q3 Earnings (NASDAQ:ROKU)

Roku, Inc. (NASDAQ:ROKU) – Research analysts at Wedbush cut their Q3 2025 earnings estimates for shares of Roku in a note issued to investors on Friday, May 2nd. Wedbush analyst A. Reese now expects that the company will earn $0.06 per share for the quarter, down from their prior estimate of $0.09. Wedbush has a “Outperform” rating and a $100.00 price objective on the stock. The consensus estimate for Roku’s current full-year earnings is ($0.30) per share. Wedbush also issued estimates for Roku’s Q3 2026 earnings at $0.49 EPS, FY2026 earnings at $0.85 EPS and FY2027 earnings at $1.84 EPS.

Roku (NASDAQ:ROKU) last issued its quarterly earnings results on Thursday, May 1st. The company reported ($0.19) EPS for the quarter, beating analysts’ consensus estimates of ($0.27) by $0.08. Roku had a negative return on equity of 5.34% and a negative net margin of 3.15%. The company had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.01 billion. During the same period last year, the business posted ($0.35) earnings per share. Roku’s revenue was up 15.8% on a year-over-year basis.

Several other equities analysts have also weighed in on the stock. JMP Securities restated a “market outperform” rating and set a $95.00 price target on shares of Roku in a research report on Friday, May 2nd. Wells Fargo & Company decreased their price target on shares of Roku from $129.00 to $93.00 and set an “overweight” rating for the company in a research note on Monday, April 28th. Pivotal Research lowered their price target on shares of Roku from $125.00 to $100.00 and set a “buy” rating on the stock in a report on Friday, May 2nd. FBN Securities began coverage on Roku in a report on Friday, March 28th. They set an “outperform” rating and a $93.00 price objective for the company. Finally, Bank of America began coverage on Roku in a research note on Thursday, March 27th. They issued a “buy” rating and a $100.00 target price on the stock. One research analyst has rated the stock with a sell rating, eight have given a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Roku currently has a consensus rating of “Moderate Buy” and an average price target of $87.93.

Roku Price Performance

Shares of Roku stock opened at $60.29 on Monday. The firm has a market cap of $8.80 billion, a PE ratio of -67.74 and a beta of 2.06. Roku has a 1 year low of $48.33 and a 1 year high of $104.96. The stock has a fifty day moving average price of $67.73 and a 200-day moving average price of $74.91.

Hedge Funds Weigh In On Roku

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Geneos Wealth Management Inc. raised its position in shares of Roku by 369.9% during the 4th quarter. Geneos Wealth Management Inc. now owns 343 shares of the company’s stock valued at $25,000 after buying an additional 270 shares in the last quarter. Garde Capital Inc. purchased a new stake in Roku during the first quarter valued at about $25,000. Vision Financial Markets LLC bought a new stake in Roku during the fourth quarter worth about $30,000. Golden State Wealth Management LLC boosted its holdings in shares of Roku by 125.4% in the 1st quarter. Golden State Wealth Management LLC now owns 444 shares of the company’s stock worth $31,000 after purchasing an additional 247 shares in the last quarter. Finally, Game Plan Financial Advisors LLC bought a new position in shares of Roku during the 4th quarter valued at about $37,000. Hedge funds and other institutional investors own 86.30% of the company’s stock.

Insider Transactions at Roku

In related news, CEO Anthony J. Wood sold 4,600 shares of the business’s stock in a transaction dated Thursday, March 20th. The stock was sold at an average price of $75.00, for a total transaction of $345,000.00. Following the completion of the transaction, 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Dan Jedda sold 1,000 shares of the firm’s stock in a transaction dated Thursday, March 20th. The shares were sold at an average price of $75.00, for a total value of $75,000.00. Following the completion of the sale, the chief financial officer now directly owns 68,843 shares in the company, valued at approximately $5,163,225. The trade was a 1.43 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 72,111 shares of company stock valued at $6,575,362. 13.98% of the stock is currently owned by company insiders.

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.