Roku (ROKU) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- $1.20
- Estimate
- $0.56
- Surprise
- +113.4%
- Revenue (period 2026-06-30)
- $1.35B
- Score at report (before → after)
- 6.0 → 6.1/10
Revenue source: xbrl.
How the report landed
Roku (ROKU) beat the $0.56 estimate with adjusted EPS of $1.20 — a large 113.4% upside surprise. TrendMatrix's engine moved from Buy (Wait) (6.0/10) to Hold at 6.1/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates ROKU Sell at 6.1/10.
4 of the last 4 quarters beat the estimate; this quarter's +113.4% surprise compares with a +85.4% four-quarter average. Next scheduled report: 2026-11-05.
What supports the rating
- Strong earnings beat streak (4/4)
- Strong growth profile
What argues against it
- Analyst target reached - limited upside remaining
- Near 52-week high (4.0% away)
- Sector modifier (Communication Services): -0.8
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $153.49
- Price target
- $156.58
- Stop
- $149.45
- Upside to target
- +2.0%
The stock trades at 65.4× trailing but 39.3× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-09-24 — shown for context, not personalized investment advice.
ROKU at TrendMatrix's latest read
Communication and media names are subscriber-economics stories; engagement and ARPU trends behind the print drive the reaction.
- Industry
- Entertainment
- Market cap
- $22.91B
- P/E (fwd)
- 39.3
- P/E (ttm)
- 65.4
- 52-week range
- $78.53–$159.89
- Off 52-week high
- 4.0%
- RSI (14)
- 37
- Volume vs avg
- 0.60×
- Score today
- 6.1/10