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Roku (ROKU) Ascends While Market Falls: Some Facts to Note
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Roku (ROKU - Free Report) closed at $160.06 in the latest trading session, marking a +1.45% move from the prior day. This change outpaced the S&P 500's 1.21% loss on the day. Meanwhile, the Dow experienced a rise of 0.02%, and the technology-dominated Nasdaq saw a decrease of 2.6%.
Heading into today, shares of the video streaming company had gained 2.8% over the past month, outpacing the Consumer Discretionary sector's gain of 2.48% and the S&P 500's loss of 0.03%.
The investment community will be paying close attention to the earnings performance of Roku in its upcoming release. The company is slated to reveal its earnings on November 2, 2026. The company's upcoming EPS is projected at $0.55, signifying a 243.75% increase compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $1.41 billion, up 16.51% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $2.9 per share and a revenue of $5.61 billion, indicating changes of +391.53% and +18.46%, respectively, from the former year.
Investors should also pay attention to any latest changes in analyst estimates for Roku. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 4.14% higher. As of now, Roku holds a Zacks Rank of #1 (Strong Buy).
Valuation is also important, so investors should note that Roku has a Forward P/E ratio of 54.43 right now. This denotes a premium relative to the industry average Forward P/E of 9.41.
The Broadcast Radio and Television industry is part of the Consumer Discretionary sector. This industry, currently bearing a Zacks Industry Rank of 37, finds itself in the top 16% echelons of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
View the Zacks #1 Rank List
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Roku (ROKU) Ascends While Market Falls: Some Facts to Note
Roku (ROKU - Free Report) closed at $160.06 in the latest trading session, marking a +1.45% move from the prior day. This change outpaced the S&P 500's 1.21% loss on the day. Meanwhile, the Dow experienced a rise of 0.02%, and the technology-dominated Nasdaq saw a decrease of 2.6%.
Heading into today, shares of the video streaming company had gained 2.8% over the past month, outpacing the Consumer Discretionary sector's gain of 2.48% and the S&P 500's loss of 0.03%.
The investment community will be paying close attention to the earnings performance of Roku in its upcoming release. The company is slated to reveal its earnings on November 2, 2026. The company's upcoming EPS is projected at $0.55, signifying a 243.75% increase compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $1.41 billion, up 16.51% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $2.9 per share and a revenue of $5.61 billion, indicating changes of +391.53% and +18.46%, respectively, from the former year.
Investors should also pay attention to any latest changes in analyst estimates for Roku. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 4.14% higher. As of now, Roku holds a Zacks Rank of #1 (Strong Buy).
Valuation is also important, so investors should note that Roku has a Forward P/E ratio of 54.43 right now. This denotes a premium relative to the industry average Forward P/E of 9.41.
The Broadcast Radio and Television industry is part of the Consumer Discretionary sector. This industry, currently bearing a Zacks Industry Rank of 37, finds itself in the top 16% echelons of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.