Roku, Inc. (ROKU)
| Market Cap | 9.98B |
| Revenue (ttm) | 3.90B |
| Net Income (ttm) | -172.13M |
| Shares Out | 145.20M |
| EPS (ttm) | -1.20 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 8,582,816 |
| Open | 67.99 |
| Previous Close | 73.61 |
| Day's Range | 65.97 - 69.84 |
| 52-Week Range | 48.33 - 108.84 |
| Beta | 2.07 |
| Analysts | Buy |
| Price Target | 83.95 (+22.18%) |
| Earnings Date | Oct 30, 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]
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 StatementsAnalyst Forecast
According to 22 analysts, the average rating for ROKU stock is "Buy." The 12-month stock price forecast is $83.95, which is an increase of 22.18% from the latest price.
News
Why Analysts Are Bullish on Roku Despite a Disappointing Q4 Outlook
Roku (ROKU) shares surged Monday after Baird analysts raised their rating for the streaming company's stock, despite a fourth-quarter forecast that underwhelmed investors.
Season's Streaming: Shop the Best Roku Prices All Year this Black Friday
SAN JOSE, Calif.--(BUSINESS WIRE)--Give the gift of endless entertainment with Roku this holiday season. Enjoy unbeatable Black Friday deals across Roku streaming devices, TVs, and smart home products...
'The Top 10' - The New Hit Show for Small Businesses is Casting in Los Angeles as Seen on CBS, Roku, and the Destination Channel
LOS ANGELES, Nov. 11, 2024 (GLOBE NEWSWIRE) -- The Destination Series, leading in innovative and compelling content, is thrilled to announce the premiere of 'The Top 10', a new breakthrough show speci...
Roku: A Long-Term Opportunity Amid Recent Drop
Roku's Q3 2024 revenue surpassed $1 billion for the first time, driven by a 16% YoY increase in platform services and improving operating margins. Despite recent stock volatility and a cautious Q4 ear...
Analysts Signal Big Upside: Top 3 Stocks To Watch Right Now
Retail investors can have a significant advantage over others by following Wall Street analysts' trends, especially in the way they shift their ratings and price targets for certain stocks. Today, thr...
Roku: Earnings Dips Tend To Be Big Buying Moments
Shares of Roku have dipped sharply after posting Q3 results, owing to a less-than-optimistic adjusted EBITDA outlook for Q4. However, management has noted that the timing of sales and marketing expens...
Roku: Market Sweats The Details Too Much
Roku, Inc. reported strong Q3 2024 results with revenues growing a crisp 16%. The stock is slumping due to weak guidance, though the company has a history of conservative guidance leading to big quart...
Roku Stock Tumbles on Disappointing Outlook, Plan To Withhold Streaming Numbers
Roku (ROKU) shares are tumbling 14% in premarket trading Thursday, a day after the company posted a disappointing fourth-quarter outlook and said it would stop issuing quarterly household streaming fi...
Roku, Inc. (ROKU) Q3 2024 Earnings Call Transcript
Roku, Inc. (NASDAQ:ROKU) Q3 2024 Earnings Conference Call October 30, 2024 5:00 PM ET Company Participants Conrad Grodd - Vice President, Investor Relations Anthony Wood - Founder, Chairman and Chief...
Roku Q3 Earnings Highlights: Revenue Beat, EPS Beat, Streaming Households Hit 85.5 Million
Roku Inc ROKU reported third-quarter financial results after the market close Wednesday.
Roku's stock falls after streaming company posts another quarterly loss
Roku Inc.'s stock fell in after-hours trade Wednesday, after the streaming platform posted another quarterly loss and flat average revenue per user.
Roku quarterly revenue beats estimates
Roku beat Wall Street estimates for third-quarter revenue on Wednesday, driven by higher advertising sales on its platform.
Roku Tops Wall Street Estimates In First $1B Revenue Quarter; Streaming Provider To Stop Reporting Household Tally In 2025
Roku easily outdid Wall Street analysts' consensus forecast in the third quarter, delivering a 16% jump in revenue to $1.06 billion and narrowing its loss per share to 6 cents. It was the first quarte...
Roku Releases Third Quarter 2024 Financial Results
SAN JOSE, Calif.--(BUSINESS WIRE)--Today, Roku, Inc. (NASDAQ: ROKU) released third quarter 2024 results. Visit the Roku investor relations website to view the third quarter 2024 letter to shareholders...
Roku Stock's Recent 50% Rally To Continue?
Roku has fared well over the last few months, rising by about 50% since early August. This compares with streaming titan Netflix, which has seen its stock rise close to 29% over the same period.
The Big 3: MU, ROKU, NNE
@ProsperTradingAcademy 's Charles Moon wraps up the week with 3 names he's watching closely: Micron (MU), Roku Inc. (ROKU) and Nano Nuclear Energy (NNE). Rick Ducat provides a technical perspective on...
Roku to Announce Third Quarter 2024 Financial Results on Oct. 30, 2024
SAN JOSE, Calif.--(BUSINESS WIRE)--Today, Roku, Inc. (Nasdaq: ROKU) announced it will release third quarter 2024 financial results after the stock market closes on Wednesday, Oct. 30, 2024. The compan...
Roku Catches The Streaming Wave, Signals A Comeback With Golden Cross
Roku Inc. ROKU is making waves in the stock market. Its stock recently formed a Golden Cross, a bullish signal that has investors buzzing.
Strong Ad Trends And Political Spending Boost Are Positive Catalysts For Roku, JP Morgan Analyst Says
JP Morgan analyst Cory A Carpenter raised estimates for Roku, Inc. ROKU ahead of its third-quarter results to reflect recent positive trends.
Instacart Expands Shoppable TV Partnership With Roku
Instacart says it is expanding its advertising partnership with streaming TV platform Roku. As the food delivery company noted in a news release Wednesday (Oct. 9), Roku and Instacart have been colla...
Instacart and Roku Expand Advertising Partnership with New Shoppable Formats and Targeting
SAN FRANCISCO , Oct. 9, 2024 /PRNewswire/ -- Together, Instacart (NASDAQ: CART) and Roku (NASDAQ: ROKU) are making TV moments shoppable for high-intent customers. In an expanded partnership, the leadi...
ROKU "Back to Their Roots" Bolsters Strength
Andy Swan with @LikeFolio says "you have to have Roku" on your portfolio or watch list if you're bullish on digital advertising. He credits the company's renewed focus on hardware and software for a p...
Why Roku's Stock Is Poised For Growth In A Rebounding Ad Market
Roku experienced significant growth during the pandemic, but saw revenue and profitability decline as the economy reopened, leading to a stock sell-off. The company has several strategies to rejuvenat...
A Rebound To $200 For Roku Stock?
Roku stock (NASDAQ: ROKU), a company that sells streaming media players, digital content, and advertising, has seen its stock decline by close to 17% this year, trading at levels of about $76 per shar...
Roku: The 'Arms Dealer' Of Streaming Gears Up For Monetization Surge, Says Analyst
Roku Inc. ROKU is gearing up for a platform monetization sprint, and investors are starting to tune in. After a strong showing at the JPMorgan U.S. All Stars Conference in London, Roku's management ha...