Profile
Sector:
Communication ServicesIndustry:
EntertainmentCountry:
United StatesIPO:
28 September 2017Website:
http://www.roku.comNext earnings report:
26 July 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Wed, 03 Jul 2024 20:57:34 GMTDividend
Analysts recommendations
Institutional Ownership
Included in screeners
ROKU Latest News
Roku has badly trailed the market of late, but the long-term trends are in its favor. Adyen's results have been strong -- but not quite as much as the market had expected.
ROKU continues to underperform the wider market as the FTC investigates the WMT-VZIO deal. Even so, we believe that opportunistic investors may continue to buy the dip, with ROKU still reporting improving profitability metrics while growing streaming market share. Combined with the management's strategic efforts in advertising and the sports live streaming, we believe that the upcoming FQ2'24 earnings call is likely to be a potential beat and raise.
Roku's market share in TV usage is growing, with increased streaming hours and ad-supported content consumption. The company is making strides in opening up its ad platform to more advertisers, potentially driving higher ad demand. Despite trading at low forward sales multiples, Roku's potential for sales growth and market share gains make it a buy in H2 of 2024.
Roku continues expanding its active account base, reaching more households who have cut the cord. As an agnostic platform, it is set to keep benefiting from the rising popularity of streamed entertainment.
Roku's revenue surge highlights its strong market position and growth potential. Roku continues to capture significant market share while maintaining dominance as the top TV operating system in the U.S. and Mexico.
Two of my largest holdings are down in a major way halfway through the year. However, SoFi's profitability is reaching new highs while its revenue continues to rise by more than 20%.
Roku Inc (NASDAQ:ROKU) is on the path to profitability as it continues to expand its advertising, capabilities, products, and partnerships, analysts at Wedbush believe. In a note to clients following a meeting with Roku's vice president of Investor Relations, the analysts wrote they are “incrementally more optimistic about Roku's rebound and trajectory.
Roku has continued to grow its user base despite a sliding share price. The company's lack of profits is its biggest problem.
Roku and BigBear.ai offer high-risk, high-reward opportunities for patient investors. Roku's stock has dropped 89% from its 2021 peak, but the company's fundamentals are improving.
Cathie Wood, known for her bold investment strategies through ARK Invest, continues to captivate the financial world with her stock picks. As of 2024, she remains focused on innovative and disruptive companies that promise significant growth potential.
What type of business is Roku?
Roku, Inc. is an American public company headquartered in San Jose, California, one of the leading streaming video platforms in the USA, producing television set-top boxes and TVs with its operating system Roku OS. Founded in 2002. The company has two main segments: Roku Streaming Platform - combines popular streaming services (Netflix, Amazon Prime, Disney +, etc.), TV programs and shows in one place for further advertising sales to its advertisers. Streaming set-top boxes, TVs, and audio speakers. The segment is aimed at expanding the use of the Roku streaming platform and increasing active users.
What sector is Roku in?
Roku is in the Communication Services sector
What industry is Roku in?
Roku is in the Entertainment industry
What country is Roku from?
Roku is headquartered in United States
When did Roku go public?
Roku initial public offering (IPO) was on 28 September 2017
What is Roku website?
https://www.roku.com
Is Roku in the S&P 500?
No, Roku is not included in the S&P 500 index
Is Roku in the NASDAQ 100?
No, Roku is not included in the NASDAQ 100 index
Is Roku in the Dow Jones?
No, Roku is not included in the Dow Jones index
When does Roku report earnings?
The next expected earnings date for Roku is 26 July 2024