RokuNASDAQ: ROKU

Roku (ROKU) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Roku has an enviable platform position, but hasn't translated that to profitability.

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

Wondering where to find hypergrowth in today's market? These contenders could get the job done for years or even decades to come.

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.

Zacks.com users have recently been watching Roku (ROKU) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

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 specially designed for groundbreaking ROI for small businesses. In a dynamic era where small businesses face numerous challenges and opportunities, 'The Top 10' emerges as a powerful platform for them to share their stories and gain essential tools for success.

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 earnings outlook, the streaming giant continues to expand its advertising reach through strategic partnerships and new monetization features. Roku is capitalizing on global streaming growth by targeting international markets, with plans to expand household reach to 100 million by 2025.

The streaming video powerhouse's guidance appears to have left the market cold.