Roku, Inc. (ROKU)

NASDAQ: ROKU · Real-Time Price · USD
80.59
+2.16 (2.75%)
At close: Dec 20, 2024, 4:00 PM
80.66
+0.07 (0.09%)
After-hours: Dec 20, 2024, 7:49 PM EST
2.75%
Market Cap 11.70B
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 3,094,666
Open 77.68
Previous Close 78.43
Day's Range 77.09 - 81.84
52-Week Range 48.33 - 99.80
Beta 2.08
Analysts Buy
Price Target 83.18 (+3.21%)
Earnings Date Feb 13, 2025

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 23 analysts, the average rating for ROKU stock is "Buy." The 12-month stock price forecast is $83.18, which is an increase of 3.21% from the latest price.

Price Target
$83.18
(3.21% upside)
Analyst Consensus: Buy
Stock Forecasts

News

How Roku Empowers Small Businesses in the Streaming Era

This week, Ann sits down with Roku CFO Dan Jedda to discuss the company's content strategy, growth in ad revenue, and new products designed for small and medium-sized business clients. The episode exp...

4 days ago - After Earnings

NewsON Launches Enhanced App Experience on Roku with Latest Update

SEATTLE--(BUSINESS WIRE)--NewsON, the nation's premier streaming service for local news content, today announced the launch of its upgraded app on Roku. This latest version brings a host of new featur...

5 days ago - Business Wire

5 Merger and Acquisition Targets to Buy Before Trump Takes Over

Merger and acquisitions activity peaked in the United States in 2021, but after SPACs got shellacked and the Biden administration took a harsher view of large-scale mergers, deals became fewer and fur...

Other symbols: BROSKREWBAZM
8 days ago - Benzinga

Roku and FreeWheel Announce New Programmatic Partnership

SAN JOSE, Calif.--(BUSINESS WIRE)--Today, Roku, the #1 TV streaming platform in the U.S.* and FreeWheel, a global technology platform for the television advertising industry, announced they've expande...

9 days ago - Business Wire

Spaceback and Roku Bring Free CTV Creative to Advertisers

Roku is covering the cost of CTV ad creative when advertisers launch their social media videos on Roku through Spaceback's Social CTV creative solution.

10 days ago - GlobeNewsWire

Roku, Inc. (ROKU) UBS Global Media and Communications Conference - (Transcript)

Roku, Inc. (NASDAQ:ROKU) UBS Global Media and Communications Conference Call December 9, 2024 10:30 AM ET Company Participants Dan Jedda - Chief Financial Officer Conrad Grodd - Vice President, Inves...

11 days ago - Seeking Alpha

The Roku Channel Hits 150+ FAST Channel Milestone in Canada

TORONTO--(BUSINESS WIRE)--Today, Roku reached a milestone: Canadian viewers can now access more than 150 free ad-supported streaming TV (FAST) channels on The Roku Channel. With new additions availabl...

12 days ago - Business Wire

Stock Picks From Seeking Alpha's November 2024 New Analysts

Twenty-six new analysts joined Seeking Alpha in November, sharing diverse investment ideas highlighting their unique backgrounds and expertise. Top picks include U.S. Bancorp Preferred Series A, Hersh...

16 days ago - Seeking Alpha

Roku's Takeover Rumor And How It Impacts Investors

Roku's dominant market position in the CTV ecosystem and its growing ad business makes it an attractive acquisition target within the next 12 months. Roku's sequential ARPU growth and strong Q3 sales ...

16 days ago - Seeking Alpha

Here's why the Roku stock price could surge by 76%

Roku stock price has bounced back in the past few weeks, reaching a high of $86, its highest level since February. It has jumped by about 38% from its lowest level in November and 71% above the year-t...

16 days ago - Invezz

Roku's Chief Financial Officer to Participate at UBS Global Media and Communications Conference

SAN JOSE, Calif.--(BUSINESS WIRE)--Today, Roku, Inc. (NASDAQ: ROKU) announced that Chief Financial Officer Dan Jedda will participate in the UBS Global Media and Communications Conference in New York,...

17 days ago - Business Wire

Roku stock rallies on merger speculation

Roku Inc (NASDAQ: ROKU) is pushing to the upside this morning after a Guggenheim analyst said Trade Desk Inc (NASDAQ: TTD) should consider a merger with the streaming technology company. A potential m...

18 days ago - Invezz

FreeCast Launches on Roku With FAST and Pay Channels

ORLANDO, Fla.--(BUSINESS WIRE)--The FreeCast app launches on Roku with channels hyper-targeted advertising, with VOD and AI search coming in future updates.

4 weeks ago - Business Wire

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.

4 weeks ago - Investopedia

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...

4 weeks ago - Business Wire

'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...

5 weeks ago - GlobeNewsWire

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...

5 weeks ago - Seeking Alpha

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...

Other symbols: OXYWING
6 weeks ago - Benzinga

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...

6 weeks ago - Seeking Alpha

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...

7 weeks ago - Seeking Alpha

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...

7 weeks ago - Investopedia

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...

7 weeks ago - Seeking Alpha

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.

7 weeks ago - Benzinga

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.

7 weeks ago - Market Watch

Roku quarterly revenue beats estimates

Roku beat Wall Street estimates for third-quarter revenue on Wednesday, driven by higher advertising sales on its platform.

7 weeks ago - Reuters