Roku shares climb as revenue forecast beats estimates

Roku

13/02/2026 10:04

** Shares of streaming platform Roku ROKU.O rise nearly 14% to $94.1 in premarket

** Co forecast annual revenue above Wall Street estimates on Thursday, betting on a broader shift to ad-based streaming

** Oppenheimer raises PT to $ 120 from $105, representing a 36.5% upside to the stock's last close; maintains an "overweight" stance

** Brokerage cites monetization investments into 3P (third-party) integrations, subscriptions, and home screen driving platform monetization outperformance

** Streaming viewership has grown substantially, with connected TV devices becoming primary viewing platforms for many households, benefiting Roku

** For the fourth quarter, co posted platform revenue of $1.22 billion, above estimates of $1.18 billion

** 32 analysts rate the stock "buy" on average; median PT is $130 - data compiled by LSEG

** ROKU gained ~46% in 2025

 (Reporting by Akriti Shah in Bengaluru)

 ((akriti.shah@thomsonreuters.com))