Roku Inc (NASDAQ:ROKU) price on Thursday, May 01, fall -1.33% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $67.27.
A look at the stock’s price movement, the close in the last trading session was $68.18, moving within a range at $66.93 and $71.25. The beta value (5-Year monthly) was 2.176. Turning to its 52-week performance, $104.96 and $48.33 were the 52-week high and 52-week low respectively. Overall, ROKU moved -4.72% over the past month.
Roku Inc’s market cap currently stands at around $9.82 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-13.
Turning to the stock’s technical picture we see that short term indicators suggest on average that ROKU is a 50% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
24 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 6 analyst(s) rate the stock as a Hold, 15 recommend ROKU as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 3 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
ROKU’s current price about 9.29% and -5.32% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 52.42, while 7-day volatility ratio is 4.47% and 7.21% in the 30-day chart. Further, Roku Inc (ROKU) has a beta value of 2.06, and an average true range (ATR) of 4.21. Analysts have given the company’s stock an average 52-week price target of $75, forecast between a low of $55 and high of $90. Looking at the price targets, the low is 18.24% off current price level while to achieve the yearly target high, price needs to move -33.79%. Nonetheless, investors will most likely welcome a -11.49% jump to $75 which is the analysts’ median price.
If we refocus on Roku Inc (NASDAQ:ROKU), historical trading data shows that trading volumes averaged 4.23 over the past 10 days and 4.34 million over the past 3 months. The company’s latest data on shares outstanding shows there are 128.68 million shares.
The 12.44% of Roku Inc’s shares are in the hands of company insiders while institutional holders own 73.79% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 8.06 million on 2025-04-15, giving us a short ratio of 1.74. The data shows that as of 2025-04-15 short interest in Roku Inc (ROKU) stood at 703.00005 of shares outstanding, with shares short falling to 8.6 million registered in 2025-03-14. Current price change has pushed the stock -9.51% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the ROKU stock continues to rise going into the next quarter.
