Roku, Inc. (ROKU)

NASDAQ: ROKU · IEX Real-Time Price · USD
61.36
-1.11 (-1.78%)
At close: Jul 2, 2024, 4:00 PM
61.37
+0.01 (0.02%)
After-hours: Jul 2, 2024, 7:59 PM EDT
-1.78%
Market Cap 8.86B
Revenue (ttm) 3.63B
Net Income (ttm) -566.81M
Shares Out 144.36M
EPS (ttm) -3.98
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 3,019,782
Open 62.45
Previous Close 62.47
Day's Range 60.52 - 62.73
52-Week Range 51.51 - 108.84
Beta 1.92
Analysts Buy
Price Target 80.95 (+31.93%)
Earnings Date Jul 25, 2024

About ROKU

Roku, Inc., together with its subsidiaries, operates a TV streaming platform in the United states and internationally. The company operates in two segments, Platform and Devices. Its streaming platform allows users to find and access TV shows, movies, news, sports, and others. The Platform segment offers digital advertising, including direct and programmatic video advertising, media and entertainment promotional spending, and related services; and streaming services distribution, such as subscription and transaction revenue shares, and sale of ... [Read more]

Industry Entertainment
IPO Date Sep 28, 2017
Employees 3,150
Stock Exchange NASDAQ
Ticker Symbol ROKU
Full Company Profile

Financial Performance

In 2023, Roku, Inc.'s revenue was $3.48 billion, an increase of 11.45% compared to the previous year's $3.13 billion. Losses were -$709.56 million, 42.5% more than in 2022.

Financial Statements

Analyst Forecast

According to 22 analysts, the average rating for ROKU stock is "Buy." The 12-month stock price forecast is $80.95, which is an increase of 31.93% from the latest price.

Price Target
$80.95
(31.93% upside)
Analyst Consensus: Buy
Stock Forecasts

News

MSFT, ROKU, RTX: Stocks to Watch & Technical Trends

Microsoft (MSFT) will continue to lead in the A.I. specialty area for the time being, notes Aquiles Larrea.

Other symbols: MSFTRTX
4 days ago - Schwab Network

Roku Stock Can Rise To $70 As Cash Flows Surge

Roku has had a tough year so far, falling by about 43% year-to-date, underperforming the Nasdaq-100, which gained over 20% over the same period. The decline comes amid heightened competition in the ad...

11 days ago - Forbes

Roku Stock's Wild Ride: Bullish Analysts Bet On Growth Despite Competitive Threats

As Roku, Inc. ROKU navigates a turbulent market, its stock is caught in a fierce bull-bear debate.

12 days ago - Benzinga

Roku and Fandango's New Theatrical Advertising Relationship Helps Studios Maximize Marketing Spend and Increase Box Office Revenue

SAN JOSE, Calif.--(BUSINESS WIRE)--Today, Roku (Nasdaq: ROKU), the #1 TV streaming platform in the U.S.*, and Fandango, the nation's leading online movie ticketing service, announced plans for a new C...

19 days ago - Business Wire

Roku Exchange Unlocks Access to Roku's Audience and Premium Media

SAN JOSE, Calif.--(BUSINESS WIRE)--Today, Roku, Inc. (NASDAQ: ROKU), the #1 TV streaming platform in the U.S.*, announced Roku Exchange, a TV streaming-first advertising technology solution that conne...

20 days ago - Business Wire

Is Roku Stock Attractive At $62 As Engagement Rises And Costs Decline?

Roku has had a tough year so far, falling by about 30% year-to-date, underperforming the Nasdaq-100, which gained over 10% over the same period. Although Roku posted a better-than-expected set of Q1 2...

6 weeks ago - Forbes

Roku Chief Financial Officer to Present at Needham's Technology & Media Conference

SAN JOSE, Calif.--(BUSINESS WIRE)--Roku, Inc. (Nasdaq: ROKU) announced today that Chief Financial Officer Dan Jedda will present at the 18th Annual Needham Technology & Media Conference on May 15, 202...

7 weeks ago - Business Wire

Roku Will Stream Sunday MLB Games for Free Starting This Week

After Peacock had early Sunday baseball last season, Roku is taking over with games airing on its free streaming service, The Roku Channel.

7 weeks ago - CNET

Roku Snags Major League Baseball Rights, Sets Slate Of Free Games To Stream In Early Sunday Window

Roku has sealed a multi-year deal for rights to Major League Baseball, setting a slate of 18 games to stream live and for free every Sunday. Billed as Sunday Leadoff, the early-window games appeared l...

7 weeks ago - Deadline

Roku will stream weekly MLB game on Sundays. Viewers won't need one of the service's devices

Roku will carry Major League Baseball games on Sundays beginning this week, and viewers will be able to watch for free and not be required to use a Roku device, the streaming service announced Monday.

7 weeks ago - TechXplore

Roku Lands Exclusive Rights to Major League Baseball Sunday Leadoff

SAN JOSE, Calif.--(BUSINESS WIRE)--Roku (NASDAQ: ROKU) has secured the exclusive multi-year rights for Major League Baseball (MLB) Sunday Leadoff live games. Starting May 19, Roku will offer Sunday ML...

7 weeks ago - Business Wire

Streaming Stock Brushes Bearish Trendline

It's been a tough run for Roku (ROKU) stock, which is already down 36.8% in 2024. The security is sticking close to six-month lows, though a floor has formed at the $56 level in recent weeks.

2 months ago - Forbes

Roku Is the Lead-In to Television

NEW YORK--(BUSINESS WIRE)--At its annual IAB NewFront presentation in New York City, Roku, Inc. (Nasdaq: ROKU) debuted new video experiences, game-changing ad solutions, and exciting new content partn...

2 months ago - Business Wire

Roku Teams With NBCUniversal For Olympics Streaming Hub, Sets Measurement And Ad Pacts With iSpot And The Trade Desk

Roku had a busy Tuesday leading up to its annual NewFronts presentation for advertisers, announcing an Olympics team-up with NBCUniversal as well as measurement and ad pacts with iSpot and The Trade D...

2 months ago - Deadline

Roku and iSpot Announce Streaming Audience Measurement Partnership

SAN JOSE, Calif. & BELLEVUE, Wash.--(BUSINESS WIRE)--Today, Roku, Inc. (NASDAQ: ROKU), the #1 TV streaming platform in the U.S.*, announced an expanded measurement partnership with iSpot.tv, the cross...

2 months ago - Business Wire

Roku and The Trade Desk Announce New Data-Driven TV Streaming Partnership

SAN JOSE, Calif.--(BUSINESS WIRE)--Roku (NASDAQ: ROKU), the #1 TV streaming platform in the U.S.*, announced plans for a new data-driven TV streaming partnership with The Trade Desk (NASDAQ: TTD), the...

Other symbols: TTD
2 months ago - Business Wire

Roku Stock Has Been ‘Oversold.' It's Time to Buy, Analyst Says.

Seaport analyst David Joyce upgraded his rating of Roku to Buy from Neutral.

2 months ago - Barrons

Roku stock price forecast: technicals point to more downside

Roku (NASDAQ: ROKU) stock price continued its freefall as concerns about the company's growth and profitability remained. It has already formed a death cross pattern and moved to its lowest swing sinc...

2 months ago - Invezz

Roku 2023 Executive Pay: CEO Anthony Wood Dips A Bit To $20.2M, Media Chief Charlie Collier Gets A Fraction Of The Prior Year's Bonanza

Roku CEO Anthony Wood collected a total pay package of $20.2 million in 2023, according to the company's latest proxy filing. Charlie Collier, the veteran former TV exec who now leads Roku Media, got ...

2 months ago - Deadline

Where ROKU Stands Among Streaming Competition

Roku (ROKU) reports earnings this afternoon. LikeFolio's Landon Swan previews these earnings and discusses consumer sentiment trends in Roku.

2 months ago - Schwab Network

Roku warns of tougher bar for growth ahead, but sales forecast tops estimates

TV-streaming service Roku Inc. ROKU, +1.58% on Thursday forecast second-quarter sales that were above expectations, but warned of a higher bar for growth up ahead and moderating profit in the second h...

2 months ago - Market Watch

Roku Q1 Results Show Benefits Of Streaming Price Hikes

Roku posted solid first-quarter financials, with positive results in several key metrics illustrating the benefits of ongoing price inflation in the streaming sector. Net losses totaled 35 cents a sha...

2 months ago - Deadline

Roku tops quarterly revenue estimates

Roku beat Wall Street estimates for quarterly revenue on Thursday, as it benefited from strong ad sales and the ongoing shift from cable TV to streaming platforms.

2 months ago - Reuters

Roku Releases First Quarter 2024 Financial Results

SAN JOSE, Calif.--(BUSINESS WIRE)--Today, Roku, Inc. (NASDAQ: ROKU) released first quarter 2024 results. Visit the Roku investor relations website to view the first quarter 2024 letter to shareholders...

2 months ago - Business Wire

Is Roku stock worth owning ahead of earnings?

Roku Inc has lost some 40% in less than three months but a Wedbush Securities analyst is convinced the story moving forward will be a different one.

2 months ago - Invezz