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Roku (ROKU) Sees a More Significant Dip Than Broader Market: Some Facts to Know
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In the latest trading session, Roku (ROKU - Free Report) closed at $114.96, marking a -2.86% move from the previous day. This change lagged the S&P 500's 0.41% loss on the day. Elsewhere, the Dow lost 0.36%, while the tech-heavy Nasdaq lost 0.89%.
The video streaming company's stock has climbed by 24.49% in the past month, exceeding the Consumer Discretionary sector's gain of 5.46% and the S&P 500's gain of 9.71%.
The upcoming earnings release of Roku will be of great interest to investors. The company's earnings report is expected on April 30, 2026. In that report, analysts expect Roku to post earnings of $0.34 per share. This would mark year-over-year growth of 278.95%. In the meantime, our current consensus estimate forecasts the revenue to be $1.2 billion, indicating a 17.88% growth compared to the corresponding quarter of the prior year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $2.1 per share and a revenue of $5.51 billion, representing changes of +255.93% and +16.28%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Roku. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. At present, Roku boasts a Zacks Rank of #3 (Hold).
In the context of valuation, Roku is at present trading with a Forward P/E ratio of 56.38. This represents a premium compared to its industry average Forward P/E of 21.28.
The Broadcast Radio and Television industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 172, putting it in the bottom 30% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow ROKU in the coming trading sessions, be sure to utilize Zacks.com.
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Roku (ROKU) Sees a More Significant Dip Than Broader Market: Some Facts to Know
In the latest trading session, Roku (ROKU - Free Report) closed at $114.96, marking a -2.86% move from the previous day. This change lagged the S&P 500's 0.41% loss on the day. Elsewhere, the Dow lost 0.36%, while the tech-heavy Nasdaq lost 0.89%.
The video streaming company's stock has climbed by 24.49% in the past month, exceeding the Consumer Discretionary sector's gain of 5.46% and the S&P 500's gain of 9.71%.
The upcoming earnings release of Roku will be of great interest to investors. The company's earnings report is expected on April 30, 2026. In that report, analysts expect Roku to post earnings of $0.34 per share. This would mark year-over-year growth of 278.95%. In the meantime, our current consensus estimate forecasts the revenue to be $1.2 billion, indicating a 17.88% growth compared to the corresponding quarter of the prior year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $2.1 per share and a revenue of $5.51 billion, representing changes of +255.93% and +16.28%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Roku. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. At present, Roku boasts a Zacks Rank of #3 (Hold).
In the context of valuation, Roku is at present trading with a Forward P/E ratio of 56.38. This represents a premium compared to its industry average Forward P/E of 21.28.
The Broadcast Radio and Television industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 172, putting it in the bottom 30% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow ROKU in the coming trading sessions, be sure to utilize Zacks.com.