The stock of Roku Inc (NASDAQ:ROKU) last traded at $73.82, up 2.33% from the previous session.
ROKU stock price is now -8.44% away from the 50-day moving average and 3.35% away from the 200-day moving average. The market capitalization of the company currently stands at $10.78B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
With the price target maintained at $70, MoffettNathanson recently Upgraded its rating from Sell to Neutral for Roku Inc (NASDAQ: ROKU). On February 20, 2025, Jefferies Upgraded its previous ‘Underperform’ rating to ‘Hold’ on the stock increasing its target price from $55 to quote $100, while ‘Wells Fargo’ rates the stock as ‘Overweight’
In other news, THE WOOD REVOCABLE TRUSTU/A DT, Director bought 4,600 shares of the company’s stock on Mar 20 ’25. The stock was bought for $331,844 at an average price of $72.14. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 20 ’25, Officer DANIEL JEDDA bought 1,000 shares of the business’s stock. A total of $75,000 was incurred on buying the stock at an average price of $75.00. A total of 12.44% of the company’s stock is owned by insiders.
During the past 12 months, Roku Inc has had a low of $48.33 and a high of $104.96. As of last week, the company has a debt-to-equity ratio of 0.24, a current ratio of 2.61, and a quick ratio of 2.49. The fifty day moving average price for ROKU is $80.6272 and a two-hundred day moving average price translates $71.42448 for the stock.
The latest earnings results from Roku Inc (NASDAQ: ROKU) was released for 2024-12-31. The net profit margin was -3.15% and return on equity was -5.37% for ROKU. The company reported revenue of $1.2 billion for the quarter, compared to $984.42 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 22.0 percent.
