Roku(US:ROKU) ZACKS·2026-03-20 22:51Company Performance - Roku's stock closed at $93.27, reflecting a decline of 2.7% from the previous day, underperforming the S&P 500, which fell by 1.51% [1] - Over the past month, Roku's stock has increased by 6.97%, contrasting with a 3.7% loss in the Consumer Discretionary sector and a 3.63% loss in the S&P 500 [1] Upcoming Earnings - Roku is expected to report earnings of $0.34 per share, indicating a year-over-year growth of 278.95% [2] - Revenue is projected to be $1.2 billion, representing a growth of 17.88% compared to the same quarter last year [2] Annual Forecast - For the entire year, earnings are forecasted at $2.1 per share and revenue at $5.51 billion, reflecting increases of 255.93% and 16.28% respectively compared to the previous year [3] Analyst Estimates - Recent changes to analyst estimates for Roku are important as they reflect short-term business trends, with upward revisions indicating analysts' positive outlook on the company's operations [4] - The Zacks Rank system, which evaluates these estimate changes, currently ranks Roku as 1 (Strong Buy) [6] Valuation Metrics - Roku's Forward P/E ratio stands at 45.67, significantly higher than the industry average Forward P/E of 12.53 [6] Industry Context - The Broadcast Radio and Television industry, part of the Consumer Discretionary sector, has a Zacks Industry Rank of 152, placing it in the bottom 38% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]