Roku Likely To Report Higher Q3 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Roku, Inc. (NASDAQ:ROKU) will release earnings for its third quarter after the closing bell on Monday, Nov. 2.
Analysts expect the San Jose, California-based company to report quarterly earnings of 55 cents per share, compared to 16 cents per share in the year-ago period. The consensus estimate for Roku’s quarterly revenue is $1.41 billion. It reported $1.21 billion last year, according to Benzinga Pro.
On Aug. 6, Roku posted better-than-expected second-quarter earnings.
Roku shares fell 0.8% to close at $155.12 on Friday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
- Wedbush analyst Alicia Reese maintained a Neutral rating with a price target of $155 on Sept. 24, 2026. This analyst has an accuracy rate of 66%.
- Wells Fargo analyst Steven Cahall downgraded the stock from Overweight to Equal-Weight and slashed the price target from $167 to $165 on Aug. 14, 2026. This analyst has an accuracy rate of 67%.
- Rosenblatt analyst Barton Crockett maintained a Buy rating with a price target of $160 on Aug. 10, 2026. This analyst has an accuracy rate of 71%.
- UBS analyst John Hodulik maintained a Neutral rating and boosted the price target from $126 to $172 on Aug. 7, 2026. This analyst has an accuracy rate of 68%.
- Guggenheim analyst Michael Morris downgraded the stock from Buy to Neutral and raised the price target from $145 to $160 on Aug. 7, 2026. This analyst has an accuracy rate of 68%.
Considering buying ROKU stock? Here’s what analysts think:
Photo via Shutterstock