Roku, Inc. (ROKU)

NASDAQ: ROKU · IEX Real-Time Price · USD
103.54
-0.66 (-0.63%)
At close: Dec 1, 2023, 4:00 PM
103.80
+0.26 (0.25%)
After-hours: Dec 1, 2023, 7:59 PM EST
-0.63%
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]

Industry Entertainment
IPO Date Sep 28, 2017
Employees 3,600
Stock Exchange NASDAQ
Ticker Symbol ROKU
Full Company Profile

Financial Performance

Financial Statements

Analyst 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.

Price Target
$82.83
(-20.00% downside)
Analyst Consensus: Buy
Stock Forecasts

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...

3 days ago - Business Wire

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...

6 days ago - Market Watch

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.

23 days ago - Forbes

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 ...

25 days ago - MarketBeat

Media stocks pop as Roku rally lifts the sector

Wall Street celebrated Roku's third quarter-report, in which the company reported strong trends in content distribution and advertising.

4 weeks ago - CNBC

Navigating the streaming landscape

CNBC's Julia Boorstin joins 'Power Lunch' to report on the latest news with streaming companies.

Other symbols: CMCSADISWBD
4 weeks ago - CNBC Television

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 ...

4 weeks ago - Investopedia

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 ...

4 weeks ago - Reuters

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.”

Other symbols: LMND
4 weeks ago - Market Watch

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...

4 weeks ago - Yahoo Finance

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.

4 weeks ago - CNBC

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...

4 weeks ago - Deadline

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.

4 weeks ago - Reuters

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...

4 weeks ago - Business Wire

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.

4 weeks ago - Market Watch

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.

4 weeks ago - Market Watch

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

5 weeks ago - Forbes

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...

6 weeks ago - Business Wire

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...

Other symbols: PARAPARAA
7 weeks ago - Business Wire

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...

2 months ago - Business Wire

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.

2 months ago - Forbes

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 ...

3 months ago - Fast Company

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.

3 months ago - CNBC

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.

3 months ago - Investopedia

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.

3 months ago - CNN Business