US stock futures dip as Nvidia earnings spark little cheer
Jedda Dan, Chief Financial Officer of Roku , Inc. (NASDAQ:ROKU), recently executed a series of stock sales as reported in a Form 4 filing with the Securities and Exchange Commission. The transactions come as Roku’s stock has shown significant momentum, with a 70% surge over the past six months and trading near its 52-week high of $104.96. On February 14, 2025, Jedda sold 5,000 shares of Roku’s Class A common stock at a price of $100.40 per share. Subsequently, on February 18, 2025, Jedda sold an additional 2,000 shares in two separate transactions at prices of $99.90 and $100.00 per share, respectively. The total value of these sales amounted to $701,900. These transactions were conducted under Jedda’s 10b5-1 trading plan, which allows insiders to set up a predetermined plan to sell company stock. Following these transactions, Jedda holds 56,555 shares of Roku’s Class A common stock. According to InvestingPro analysis, Roku maintains strong financial health with a current ratio of 2.62 and more cash than debt on its balance sheet. Investors seeking deeper insights into Roku’s valuation and 13 additional exclusive ProTips can access the comprehensive Pro Research Report on the platform.
In other recent news, Roku Inc. has been the subject of multiple analyst price target revisions. Benchmark analysts raised their target from $100 to $130, citing the company’s impressive 25% year-over-year growth in Platform revenue in the last quarter of 2024. They also noted Roku’s EBITDA guidance of $350 million for the year, which aligns with investor expectations.
Morgan Stanley (NYSE:MS), on the other hand, increased their target to $75 from $67, while maintaining an Underweight rating due to concerns about the company’s financial challenges and anticipated tough comparisons in 2025. Needham analysts raised their target to $120 from $100, highlighting Roku’s surge in installed base and political advertising revenue.
Susquehanna raised its target to $125 from $80, despite maintaining a Negative rating, acknowledging Roku’s strong position in the connected TV advertising market. Wolfe Research increased their target to $108 from $93, praising Roku’s 19% platform revenue growth in Q4 2024 and positive operating profit guidance for 2026.
These are among the recent developments concerning Roku, providing investors with a broad perspective on the company’s performance and prospects.
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