Market Summary
USD65.18+2.84
Market Closed4.56%
ROKU Stock Price
ROKU RSI Chart
ROKU Valuation
ROKU Price/Sales (Trailing)
ROKU Profitability
ROKU Fundamentals
ROKU Revenue
ROKU Earnings
Price Action
52 Week Range
38.26139.58
(Low)(High)
Last 7 days
-1.4%
Last 30 days
12.6%
Last 90 days
33.8%
Trailing 12 Months
-38.8%
ROKU Financial Health
ROKU Investor Care
Peers (Alternatives to Roku)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
DIS | 172.1B | 84.4B | -13.52% | -30.63% | 51.83 | 2.04 | 15.66% | 7.72% |
NFLX | 138.1B | 31.6B | -15.28% | -11.62% | 30.74 | 4.37 | 6.46% | -12.20% |
| MID-CAP | ||||||||
ROKU | 9.1B | 3.1B | 12.61% | -38.78% | -18.33 | 2.92 | 13.09% | -305.46% |
WWE | 6.3B | 1.3B | -4.49% | 49.32% | 32.07 | 4.86 | 17.93% | 10.25% |
AMC | 4.5B | 3.9B | -10.04% | -70.93% | -4.66 | 1.16 | 54.73% | 23.28% |
MSGS | 4.4B | - | -3.27% | 12.39% | 78.75 | 5.31 | 97.57% | 3.36% |
ZNGA | - | - | -8.50% | -21.80% | - | - | - | - |
| SMALL-CAP | ||||||||
MSGE | 1.9B | 2.0B | -11.56% | -31.40% | -20.33 | 0.98 | 52.20% | 29.12% |
CNK | 1.5B | 2.5B | 6.77% | -21.19% | -5.61 | 0.62 | 62.51% | 35.86% |
IMAX | 935.7M | 300.8M | 4.71% | -1.55% | -41.04 | 3.11 | 18.02% | -2.11% |
AMCX | 708.7M | 3.1B | -9.66% | -56.87% | 93.32 | 0.23 | 0.62% | -96.97% |
SCPL | 399.3M | 671.0M | 3.81% | 30.81% | 17.83 | 0.6 | 10.71% | 16.06% |
CSSE | 52.0M | 175.2M | -45.42% | -67.51% | -0.76 | 0.3 | 85.09% | -73.73% |
Financials for Roku
| Income Statement (Last 12 Months) | (In Thousands) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 0.1% | 3,126,534 | 3,124,807 | 3,043,387 | 2,924,100 | 2,764,584 |
| Gross Profit | -1.0% | 1,441,122 | 1,456,387 | 1,463,519 | 1,446,636 | 1,408,600 |
| Operating Expenses | 14.9% | 1,972,010 | 1,716,015 | 1,507,312 | 1,310,832 | 1,173,500 |
| S&GA Expenses | 19.1% | 838,419 | 704,207 | 604,543 | 513,250 | 455,601 |
| R&D Expenses | 13.6% | 788,913 | 694,681 | 607,380 | 524,019 | 461,602 |
| EBITDA | -143.5% | -439,738 | -180,577 | 5,186 | 174,634 | 281,786 |
| EBITDA Margin | -143.4% | -0.14* | -0.06* | 0.00* | 0.06* | 0.10* |
| Earnings Before Taxes | -112.7% | -492,283 | -231,492 | -42,657 | 136,944 | 236,587 |
| EBT Margin | -112.5% | -0.16* | -0.07* | -0.01* | 0.05* | 0.09* |
| Interest Expenses | 22.3% | 3,894 | 3,183 | 2,732 | 2,587 | 2,578 |
| Net Income | -110.0% | -498,005 | -237,123 | -46,005 | 139,783 | 242,385 |
| Net Income Margin | -109.9% | -0.16* | -0.08* | -0.02* | 0.05* | 0.09* |
| Free Cahsflow | -15.9% | -149,901 | -129,324 | -4,978 | 182,992 | 188,040 |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | 0.5% | 4,413 | 4,392 | 4,314 | 4,226 | 4,082 |
| Current Assets | -0.2% | 2,965 | 2,971 | 2,963 | 3,103 | 3,055 |
| Cash Equivalents | -2.8% | 1,962 | 2,019 | 2,050 | 2,235 | 2,146 |
| Inventory | -10.5% | 107 | 119 | 76.00 | 73.00 | 50.00 |
| Net PPE | 23.1% | 335 | 272 | 218 | 186 | 178 |
| Goodwill | 0% | 162 | 162 | 162 | 162 | 162 |
| Liabilities | 9.4% | 1,766 | 1,614 | 1,518 | 1,413 | 1,316 |
| Current Liabilities | 14.8% | 1,083 | 943 | 825 | 855 | 730 |
| LT Debt, Current | -3.0% | 80.00 | 82.00 | 85.00 | 89.00 | 10.00 |
| LT Debt, Non Current | NaN% | - | - | - | - | 80.00 |
| Shareholder's Equity | -4.7% | 2,647 | 2,778 | 2,796 | 2,813 | 2,767 |
| Retained Earnings | -67.6% | -588 | -350 | -228 | -116 | -90.02 |
| Additional Paid-In Capital | 3.4% | 3,235 | 3,130 | 3,025 | 2,930 | 2,857 |
| Accumulated Depreciation | 8.9% | 85.00 | 78.00 | 71.00 | - | - |
| Shares Outstanding | 1.1% | 140 | 139 | 137 | 136 | 135 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | 156.2% | 12.00 | -20.98 | 73.00 | 234 | 228 |
| Share Based Compensation | 16.2% | 360 | 310 | 261 | 217 | 188 |
| Cashflow From Investing | -36.0% | -201 | -148 | -118 | -85.06 | -176 |
| Cashflow From Financing | -40.1% | 8.00 | 14.00 | 12.00 | 10.00 | 1,003 |
Risks for ROKU
What is the probability of a big loss on ROKU?
100%
Probability that Roku stock will be more than 20% underwater in next one year
98.5%
Probability that Roku stock will be more than 30% underwater in next one year.
85.4%
Probability that Roku stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does ROKU drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Roku was unfortunately bought at previous high price.
Drawdowns
Returns for ROKU
Cumulative Returns on ROKU
11.7%
5-Year Cumulative Returns
-8.3%
3-Year Cumulative Returns
What are the long-term rolling returns for ROKU?
FIve years rolling returns for Roku.
Annualized Returns
Which funds bought or sold ROKU recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-10 | BAILLIE GIFFORD & CO | reduced | -0.06 | -53,585,200 | 138,604,000 | 0.14% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -0.05 | -215,329 | 557,671 | -% |
2023-03-06 | Rockefeller Capital Management L.P. | reduced | -7.22 | -152,000 | 307,000 | -% |
2023-03-02 | LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA | new | - | 2,035 | 2,035 | -% |
2023-03-02 | OLIVER LAGORE VANVALIN INVESTMENT GROUP | reduced | -21.32 | -16,225 | 21,775 | 0.01% |
2023-03-01 | Lakewood Asset Management LLC | new | - | 4,000 | 4,000 | -% |
2023-02-28 | Voya Investment Management LLC | added | 0.94 | -446,503,000 | 79,193,300 | 0.11% |
2023-02-24 | NATIXIS | sold off | -100 | -618,000 | - | -% |
2023-02-24 | SRS Capital Advisors, Inc. | added | 49.82 | 8,577 | 119,577 | 0.02% |
2023-02-24 | National Pension Service | unchanged | - | -307,321 | 777,858 | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Roku News
Schedule 13G FIlings of Roku
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 09, 2023 | wood anthony j. | 12.81% | 17,988,969 | SC 13G/A | |
| Feb 09, 2023 | blackrock inc. | 4.98% | 6,077,562 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 9.16% | 11,160,020 | SC 13G/A | |
| Feb 03, 2023 | sumitomo mitsui trust holdings, inc. | 6.44% | 7,847,444 | SC 13G | |
| Feb 01, 2023 | blackrock inc. | 5.1% | 6,163,995 | SC 13G/A | |
| Nov 10, 2022 | fmr llc | - | 0 | SC 13G/A | |
| Feb 11, 2022 | wood anthony j. | 13.21% | 18,074,616 | SC 13G/A | |
| Feb 09, 2022 | ark investment management llc | 5.13% | 6,033,578 | SC 13G | |
| Feb 09, 2022 | fmr llc | - | 0 | SC 13G/A | |
| Feb 03, 2022 | blackrock inc. | 6.3% | 7,376,188 | SC 13G/A |
ROKU Fair Value
Roku fair value in different scenarios
The table shows the Fair Value estimates for Roku for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 13.87 -78.72% | 16.77 -74.27% | 27.47 -57.86% | 42.95 -34.11% | 84.42 29.52% |
| Current Inflation | 13.12 -79.87% | 15.62 -76.04% | 24.87 -61.84% | 38.11 -41.53% | 73.68 13.04% |
| Very High Inflation | 12.17 -81.33% | 14.22 -78.18% | 21.77 -66.60% | 32.41 -50.28% | 61.18 -6.14% |
Historical Roku Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of Roku
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Mar 10, 2023 | 8-K | Current Report | |
| Mar 08, 2023 | 8-K | Current Report | |
| Mar 03, 2023 | 4 | Insider Trading | |
| Mar 03, 2023 | 4 | Insider Trading | |
| Mar 03, 2023 | 4 | Insider Trading | |
| Mar 03, 2023 | 4 | Insider Trading | |
| Mar 03, 2023 | 4 | Insider Trading | |
| Mar 03, 2023 | 4 | Insider Trading | |
| Mar 03, 2023 | 4 | Insider Trading | |
| Feb 17, 2023 | 4 | Insider Trading |
Latest Insider Trading transactions for ROKU
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-03-03 | KAY STEPHEN H | sold | -89,175 | 64.34 | -1,386 | svp general counsel, secretary |
2023-03-03 | Fuchsberg Gilbert | sold | -134,406 | 64.34 | -2,089 | svp, corporate development |
2023-03-02 | Banks Matthew C. | acquired | 39,635 | 61.93 | 640 | vp, corp controller & cao |
2023-03-02 | Fuchsberg Gilbert | sold | -200,777 | 61.93 | -3,242 | svp, corporate development |
2023-03-02 | Collier Charles | sold | -803,232 | 61.93 | -12,970 | president, roku media |
2023-03-02 | KAY STEPHEN H | sold | -47,376 | 61.93 | -765 | svp general counsel, secretary |
2023-03-02 | Ozgen Mustafa | sold | -545,727 | 61.93 | -8,812 | president, devices |
2023-03-02 | Katz Gidon | sold | -426,450 | 61.93 | -6,886 | president, consumer experience |
2023-03-01 | Collier Charles | acquired | - | - | 29,339 | president, roku media |
2023-03-01 | Banks Matthew C. | acquired | - | - | 1,257 | vp, corp controller & cao |
Roku, Inc., together with its subsidiaries, operates a TV streaming platform. The company operates in two segments, Platform and Player. Its platform allows users to discover and access various movies and TV episodes, as well as live TV, news sports, shows, and others. As of December 31, 2021, the company had 60.1 million active accounts. It also provides digital and video advertising, content distribution, subscription, and billing services, as well as other commerce transactions, and brand sponsorship and promotions; and manufactures, sells, and licenses smart TVs under the Roku TV name. In addition, the company offers streaming players, and audio products and accessories under the Roku brand name; and sells branded channel buttons on remote controls of streaming devices. It provides its products and services through retailers and distributors, as well as directly to customers through its website in the United States, Canada, the United Kingdom, France, Mexico, Brazil, Chile, Peru, North and South Americas, and Europe. Roku, Inc. was incorporated in 2002 and is headquartered in San Jose, California.
ROKU Income Statement
2022-12-31Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
| Net Revenue: | |||
| Total net revenue | $ 3,126,534 | $ 2,764,584 | $ 1,778,388 |
| Cost of Revenue: | |||
| Total cost of revenue | 1,685,412 | 1,355,984 | 970,169 |
| Gross Profit (Loss): | |||
| Total gross profit | 1,441,122 | 1,408,600 | 808,219 |
| Operating Expenses: | |||
| Research and development | 788,913 | 461,602 | 355,784 |
| Sales and marketing | 838,419 | 455,601 | 299,457 |
| General and administrative | 344,678 | 256,297 | 173,231 |
| Total operating expenses | 1,972,010 | 1,173,500 | 828,472 |
| Income (Loss) from Operations | (530,888) | 235,100 | (20,253) |
| Other Income (Expense), Net: | |||
| Interest expense | (5,161) | (2,980) | (3,432) |
| Other income (expense), net | 43,766 | 4,467 | 5,233 |
| Total other income (expense), net | 38,605 | 1,487 | 1,801 |
| Income (Loss) Before Income Taxes | (492,283) | 236,587 | (18,452) |
| Income tax expense (benefit) | 5,722 | (5,798) | (945) |
| Net Income (Loss) | $ (498,005) | $ 242,385 | $ (17,507) |
| Net income (loss) per share—basic (in dollars per share) | $ (3.62) | $ 1.83 | $ (0.14) |
| Net income (loss) per share—diluted (in dollars per share) | $ (3.62) | $ 1.71 | $ (0.14) |
| Weighted-average common shares outstanding —basic (in shares) | 137,668 | 132,710 | 123,978 |
| Weighted-average common shares outstanding - diluted (in shares) | 137,668 | 141,668 | 123,978 |
| Platform | Services | |||
| Net Revenue: | |||
| Total net revenue | $ 2,711,441 | $ 2,264,920 | $ 1,247,654 |
| Cost of Revenue: | |||
| Total cost of revenue | 1,179,675 | 818,506 | 499,520 |
| Gross Profit (Loss): | |||
| Total gross profit | 1,531,766 | 1,446,414 | 748,134 |
| Devices | Produced content | |||
| Net Revenue: | |||
| Total net revenue | 415,093 | 499,664 | 530,734 |
| Cost of Revenue: | |||
| Total cost of revenue | 505,737 | 537,478 | 470,649 |
| Gross Profit (Loss): | |||
| Total gross profit | $ (90,644) | $ (37,814) | $ 60,085 |
ROKU Balance Sheet
2022-12-31Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2022 | Dec. 31, 2021 |
|---|---|---|
| Current Assets: | ||
| Cash and cash equivalents | $ 1,961,956 | $ 2,146,043 |
| Accounts receivable, net of allowances of $40,191 and $56,827 as of | 760,793 | 752,393 |
| Inventories | 106,747 | 50,276 |
| Prepaid expenses and other current assets | 135,383 | 105,795 |
| Total current assets | 2,964,879 | 3,054,507 |
| Property and equipment, net | 335,031 | 177,567 |
| Operating lease right-of-use assets | 521,695 | 345,660 |
| Content assets, net | 292,766 | 223,713 |
| Intangible assets, net | 58,881 | 84,126 |
| Goodwill | 161,519 | 161,519 |
| Other non-current assets | 77,830 | 35,053 |
| Total Assets | 4,412,601 | 4,082,145 |
| Current Liabilities: | ||
| Accounts payable | 164,800 | 124,921 |
| Accrued liabilities | 750,810 | 549,055 |
| Current portion of long-term debt | 79,985 | 9,883 |
| Deferred revenue, current portion | 87,678 | 45,760 |
| Total current liabilities | 1,083,273 | 729,619 |
| Long-term debt, non-current portion | 0 | 79,985 |
| Deferred revenue, non-current portion | 28,210 | 28,726 |
| Operating lease liability, non-current portion | 584,651 | 394,724 |
| Other long-term liabilities | 69,911 | 82,485 |
| Total Liabilities | 1,766,045 | 1,315,539 |
| Commitments and contingencies (Note 13) | ||
| Stockholders’ Equity: | ||
| Common stock, $0.0001 par value; | 14 | 14 |
| Additional paid-in capital | 3,234,860 | 2,856,572 |
| Accumulated other comprehensive income (loss) | (292) | 41 |
| Accumulated deficit | (588,026) | (90,021) |
| Total stockholders’ equity | 2,646,556 | 2,766,606 |
| Total Liabilities and Stockholders’ Equity | $ 4,412,601 | $ 4,082,145 |