Citizens Jmp Forecasts Strong Price Appreciation for Roku (NASDAQ:ROKU) Stock

Posted by Linda Flegge on Jun 15th, 2026

Roku (NASDAQ:ROKU – Get Free Report) had its price objective boosted by Citizens Jmp from $170.00 to $175.00 in a research note issued on Monday,Benzinga reports. The brokerage presently has a “market outperform” rating on the stock. Citizens Jmp’s price target would suggest a potential upside of 24.70% from the company’s previous close.

Several other equities research analysts have also commented on the stock. Piper Sandler reaffirmed an “overweight” rating on shares of Roku in a research report on Friday, June 5th. Jefferies Financial Group increased their price target on Roku from $135.00 to $140.00 and gave the stock a “buy” rating in a research note on Monday, April 13th. Rosenblatt Securities boosted their price objective on Roku from $118.00 to $150.00 and gave the company a “buy” rating in a research report on Friday, May 1st. Evercore reaffirmed an “outperform” rating and issued a $185.00 price objective on shares of Roku in a research note on Friday. Finally, Benchmark increased their target price on Roku from $130.00 to $160.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. Twenty-one equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $148.42.

View Our Latest Analysis on ROKU

Roku Stock Performance

Shares of NASDAQ:ROKU traded down $3.32 during midday trading on Monday, reaching $140.34. 6,720,840 shares of the company’s stock traded hands, compared to its average volume of 3,155,612. Roku has a one year low of $77.64 and a one year high of $148.88. The stock has a 50 day moving average of $118.73 and a 200 day moving average of $106.32. The company has a market cap of $20.69 billion, a price-to-earnings ratio of 106.06 and a beta of 2.06.

Roku (NASDAQ:ROKU – Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The company reported $0.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.34 by $0.23. The firm had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.20 billion. Roku had a net margin of 4.06% and a return on equity of 7.64%. The business’s quarterly revenue was up 22.4% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.19) EPS. Sell-side analysts predict that Roku will post 2.41 EPS for the current fiscal year.

Insider Buying and Selling

In other Roku news, CEO Anthony J. Wood sold 25,000 shares of the firm’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $130.00, for a total transaction of $3,250,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Charles Collier sold 20,537 shares of Roku stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $124.94, for a total value of $2,565,892.78. Following the completion of the sale, the insider directly owned 15,200 shares in the company, valued at approximately $1,899,088. The trade was a 57.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 706,194 shares of company stock valued at $80,756,499 in the last ninety days. Company insiders own 13.45% of the company’s stock.

Institutional Investors Weigh In On Roku

Hedge funds have recently bought and sold shares of the business. Parallel Advisors LLC lifted its position in Roku by 27.8% during the first quarter. Parallel Advisors LLC now owns 2,426 shares of the company’s stock valued at $230,000 after purchasing an additional 528 shares during the last quarter. Glenmede Trust Co. NA raised its position in shares of Roku by 225.1% during the 1st quarter. Glenmede Trust Co. NA now owns 245,468 shares of the company’s stock valued at $23,226,000 after buying an additional 169,960 shares in the last quarter. Royal Fund Management LLC purchased a new stake in shares of Roku during the 1st quarter valued at about $365,000. Bank of America Corp DE lifted its holdings in shares of Roku by 5.5% in the 1st quarter. Bank of America Corp DE now owns 1,082,755 shares of the company’s stock valued at $102,450,000 after acquiring an additional 56,893 shares during the last quarter. Finally, Janus Henderson Group PLC grew its position in Roku by 1,320.4% in the first quarter. Janus Henderson Group PLC now owns 834,619 shares of the company’s stock worth $78,967,000 after acquiring an additional 775,861 shares in the last quarter. Hedge funds and other institutional investors own 86.30% of the company’s stock.

Key Stories Impacting Roku

Here are the key news stories impacting Roku this week:

Positive Sentiment: Fox’s planned acquisition validates Roku’s value as a major streaming platform and puts a clear takeover price under the stock. Reuters: Fox to buy Roku in $22 billion deal
Positive Sentiment: The deal could create strategic synergies by combining Fox’s sports, news, and Tubi assets with Roku’s connected-TV distribution and ad reach. CNBC: Fox to buy streaming device maker Roku for $22 billion
Positive Sentiment: Roku had already been gaining momentum on reports of sale talks and a recent earnings-driven rally, so the announcement builds on an existing bullish run. Barron’s: Roku Stock Rises. Why $22 Billion Fox Sale May Disappoint
Neutral Sentiment: Some coverage notes the premium may be smaller than hoped, which could limit additional upside if investors expected a richer bid. Stocktwits: Roku Lands $22B Buyout Offer From Fox
Negative Sentiment: If the merger faces regulatory or deal-execution hurdles, enthusiasm could cool quickly, especially after the stock’s big recent run. The Verge: Fox is buying Roku

Roku Company Profile

(Get Free Report)

Roku, Inc (NASDAQ: ROKU) is a technology company that develops and operates a proprietary streaming platform designed to deliver entertainment content to consumers via internet-connected devices and smart televisions. Since its inception in 2002 in California, Roku has focused on simplifying access to streaming services for viewers worldwide. The company’s platform enables users to discover, access and manage a wide array of over-the-top content from major streaming services, free ad-supported channels and niche providers.

At the core of Roku’s product lineup are a range of streaming players and sticks, which connect to televisions via HDMI and deliver the Roku OS experience.