Roku, Inc. (ROKU)
Market Cap | 12.95B |
Revenue (ttm) | 3.37B |
Net Income (ttm) | -868.47M |
Shares Out | 125.09M |
EPS (ttm) | -6.19 |
PE Ratio | n/a |
Forward PE | 57.80 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 6,262,637 |
Open | 103.59 |
Previous Close | 104.20 |
Day's Range | 102.71 - 105.55 |
52-Week Range | 38.26 - 108.40 |
Beta | 1.74 |
Analysts | Buy |
Price Target | 82.83 (-20.0%) |
Earnings Date | Nov 1, 2023 |
About ROKU
Roku, Inc., together with its subsidiaries, operates a TV streaming platform. 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 company also provides digital advertising and related services, including the demand-side ad platform and content distribution services, such as subscription and transaction revenue shares; media and entertainment promotional spending services; premium subscriptions services; video and display advertising se... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 27 analysts, the average rating for ROKU stock is "Buy." The 12-month stock price forecast is $82.83, which is a decrease of -20.00% from the latest price.
News

Roku Launches “All Things” Destinations for an Innovative One-Stop-Shop Discovery Experience
SAN JOSE, Calif.--(BUSINESS WIRE)--Today, Roku, Inc. (NASDAQ: ROKU), the #1 TV streaming platform in the U.S.*, announced two all-new destinations on the Roku Home Screen: All Things Food and All Thin...

Roku's stock is up 150% so far this year, and this new bull sees further gains
That's the view of Cannonball Research analyst Vasily Karasyov, who upgraded Roku's stock ROKU to buy from neutral over the weekend. While Karasyov doesn't necessarily expect the advertising market to...

Up 40% Over The Last Week, Will Roku Stock Continue Its Strong Run?
Roku stock appears to be turning the corner following its Q3 report last week, rising by 40% over the last five trading days.

Cathie Wood trims ROKU as stock soars, what's next for the stock?
Since reporting earnings, shares of Roku NASDAQ: ROKU have been one of the hottest-performing large-cap stocks. Roku stock is up almost 40% after reporting better-than-expected Q3 results and issuing ...
Navigating the streaming landscape
CNBC's Julia Boorstin joins 'Power Lunch' to report on the latest news with streaming companies.

Roku Shares Jumped 30% As All-Time High Subscriber Numbers Stoked Revenue Beat
Roku Inc. (ROKU) shares spiked by more than 30% in trading Thursday after the streaming device and TV maker reported earnings results well ahead of analyst predictions for the third quarter alongside ...

Roku soars as improving ad revenue fuels upbeat forecast
Shares of Roku jumped nearly 20% on Thursday as the streaming device maker delivered a surprise core profit in the third quarter and forecast quarterly revenue above Wall Street estimates on the back ...

Roku stock soars on ad rebound, Lemonade jumps on narrower loss and more moving stocks
Shares of Roku Inc. ROKU, +0.22% surged 20% after the smart TV manufacturer surpassed third-quarter revenue expectations and noted “a solid rebound in video ads.”
Roku posts Q3 revenue beat, reporting $912 million against estimates of $859.9 million.
Smart TV creator Roku, Inc. (ROKU) sees its stock jump in after-hours trading on Wednesday after posting a third-quarter revenue beat, reporting $912 million against estimates of $859.9 million. Yahoo...

Roku shares soar 15% on third-quarter revenue beat
Roku revenue grew 20% year over year in the third quarter and beat Wall Street expectations.

Wall Street Cheers Roku Outlook For Full-Year Profit; Q3 Results Miss Estimates But Active Accounts Rise To 75.8M And Cost-Cutting Benefits Start To Materialize
Shares in Roku surged almost 10% in after-hours trading after the company affirmed its outlook for “positive full-year EBITDA,” meaning a return to profitability. The streaming giant posted third-quar...

Roku forecasts quarterly revenue above estimates
Roku forecast fourth-quarter revenue above Wall Street estimates on Wednesday, anticipating higher sales of its streaming devices and ad collections on signs of stability in the global economy.

Roku Releases Third Quarter 2023 Financial Results
SAN JOSE, Calif.--(BUSINESS WIRE)--Today, Roku, Inc. (NASDAQ: ROKU) released third quarter 2023 results. Visit the Roku investor relations website to view the third quarter 2023 letter to shareholders...

Roku earnings: What to expect from the streaming powerhouse
Roku Inc.'s upcoming earnings report will offer another read on digital-advertising spending, but there's a catch.

Roku's stock gets a boost as a former bear rethinks his view
Roku Inc.'s profit picture is improving, and that prompted one analyst to rethink his bearish call Tuesday.

Roku Stock Up 50% This Year, Will It Rise Further Following Q3 Results?
While the advertising market has seen headwinds as marketers hold back due to weak consumer spending, we expect Roku to see some recovery in its revenues versus last y

Roku to Announce Third Quarter 2023 Financial Results on November 1, 2023
SAN JOSE, Calif.--(BUSINESS WIRE)--Today, Roku, Inc. (Nasdaq: ROKU) announced it will release third quarter 2023 financial results after the stock market closes on Wednesday, November 1, 2023. The com...

Roku Originals Lands "The Spiderwick Chronicles,” Based on Best-Selling Book Series, From Paramount Television Studios & 20th Television
SAN JOSE, Calif.--(BUSINESS WIRE)--Today, Roku, the #1 TV streaming platform in the U.S.*, announced it has landed the exclusive, premiere U.S. rights to “The Spiderwick Chronicles,” the television ad...

Roku's New NFL Zone Gives Fans Easy Access to NFL Games Right On Time for 2023 Season
SAN JOSE, Calif.--(BUSINESS WIRE)--Today, Roku (Nasdaq: ROKU) and the National Football League (NFL) announced the recently launched NFL Zone within the Roku Sports experience to kick off the 2023 NFL...

Will Cost Cuts, Improving Growth Continue To Power The Roku Stock Rally?
Roku has fared well this year, rising by over 2x since early January, considerably outperforming the broader Nasdaq 100, which remains up by 40% over the same period.

Roku stock surges as streaming service cuts 10% of its workforce
The company's share price has already doubled since the start of the year. Roku is cutting about 10% of its workforce, or 360 people, and it will limit new hiring as it cuts costs to stem a series of ...

Roku stock jumps after company says it will lay off 10% of workforce
Roku Inc. said in a regulatory filing Wednesday, it will be laying off 10% of its workforce, or 360 people, as it raised its guidance for its third-quarter.

Roku Rallies On Impending Layoffs and Higher Guidance
Roku Inc. (ROKU) shares rose about 8% in early trading Wednesday after the company said it would lay off 10% of its staff as a part of a broader cost-cutting strategy.

Roku is laying off 10% of its workforce
Roku stock soared higher on Wednesday after the streaming service announced it would lay off 10% of its workforce — about 300 people — in an effort to cut costs.