Rosenblatt Reiterates Buy Rating on Roku, Inc. (ROKU)
Rosenblatt maintains its buy rating on Roku with a $160 price target, a 18.31% upside from the current price.
Key Points
- On June 16, 2026, Rosenblatt reiterated its buy rating on Roku, Inc. (NASDAQ: ROKU) with a price target of $160.
- Rosenblatt's $160 price target implies 18.31% upside from Roku, Inc.'s ($ROKU) current $135.24 share price.
- Roku's stock traded around $141.5, with a market cap of approximately $20.9 billion and a forward P/E ratio of 39.2.
- Insider activity included CEO Anthony Wood's transactions and analysts' consensus remains strong buy with a mean target of $148.07.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
On June 16, 2026, Rosenblatt reiterated its buy rating on Roku, Inc. (NASDAQ: ROKU) with a price target of $160. The stock recently traded near $141.5.
Analysts Set New Price Targets
On June 16, 2026, Rosenblatt maintained its buy rating on Roku with a $160 price target. JP Morgan downgraded the stock to hold with the same price target. On June 15, Citizens and Needham both maintained buy ratings with targets of $175 and $170, respectively. Evercore ISI Group set a high target of $185 on June 12. Overall, the analyst consensus for Roku remains a strong buy, with a mean target price of $148.07 based on 27 opinions.
Roku, Inc. Stock Down 14.2%
Shares of Roku, Inc. (NASDAQ: ROKU) traded near $141.5. The company has a market cap of about $20.9 billion, a P/E ratio of 104.4, and a forward P/E of 39.2. Its beta is 2.027, indicating higher volatility compared to the market. The stock's 52-week range is between $77.64 and $148.88, with a 50-day moving average of $120.13 and a 200-day moving average of $104.42. Roku has a strong current ratio of 2.91 and a quick ratio of 2.71, with a debt-to-equity ratio of 18.76.
Insider Buying and Selling at Roku, Inc.
CEO and Chairman Anthony Wood was active on June 12, 2026, buying and selling shares. He purchased 25,000 shares and sold the same amount at an average price of $130, with some transactions planned under Rule 10b5-1. Mustafa Ozgen, President of Devices, Products, and Technology, sold 10,194 shares at $144 on the same day, also under a planned sale.
About Roku, Inc.
Roku, Inc., based in San Jose, California, offers a TV streaming platform in the United States and internationally. It operates through its Platform and Devices segments, providing access to TV shows, movies, sports, and news, alongside digital advertising services. The company also sells streaming players, Roku-branded TVs, smart home products, and audio equipment. Founded in 2002, Roku is led by CEO Anthony J. Wood and employs approximately 3,600 people.
Bottom Line
Rosenblatt's reiteration of its buy rating on Roku with a $160 target reflects continued confidence in the company's prospects. With a strong market position and active insider transactions, investors frequently monitor Roku's performance. As always, it's important to remember that analyst ratings and 13F filings are backward-looking and may not reflect current positions.
Get Roku, Inc. alerts
New 13F filings, insider trades, and analyst moves on $ROKU, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.