Roku Inc (NASDAQ:ROKU) stock is 2.8% higher at $70.80 at last glance following a bull note at Baird. The analyst upgraded shares of the streaming giant to "outperform" from "neutral," and hiked its price target to $90 from $70.In its note, Baird said, despite ROKU's 23% year-to-date deficit, there's plenty of long-term potential that investors are "overlooking." In addition, the brokerage firm cited industry trends, the company's strategic innovations, and early performance indicators as catalysts for its u ...

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The streaming video powerhouse's guidance appears to have left the market cold.When a stock falls after a quarterly report, it can sometimes be a great buying opportunity. Those initial sell-offs can turn into overreactions, so if the company's fundamentals remain strong, buying on the dip can lead to better returns later.Streaming company Roku (ROKU 2.48%) posted its latest results last week, and the stock has fallen sharply since then. Prior to the third-quarter earnings report, it was hovering around $80 ...

Roku has continued to frustrate investors, but a closer look at the stock may offer hope.The frustration with Roku (ROKU 2.25%) stock continues. A key metric, average revenue per user (ARPU), remains frustratingly flat. Moreover, the stock never recovered from the 2022 bear market, making only modest gains over the last two years.Traditional and cable TV are not yet dead, but they continue to cede viewership hours to the streaming industry spearheaded by Roku. So rather than giving up on the streaming compa ...

The streaming media leader remains a divisive investment.Roku (ROKU 2.25%) minted a lot of millionaires in its first four years as a public company. The streaming device and software maker went public at $14 on Sept. 28, 2017, and it soared 3,325% to its all-time high of $479.50 on July 26, 2021. A $30,000 investment in its IPO would have blossomed to $1.03 million.But today, Roku only trades at about $64. That same investment would have withered to roughly $137,000 as the company disappointed its investors ...

Shares of the streaming company are down 25% this year.After trading above $470 per share back in 2021, Roku (ROKU 5.63%) stock eventually lost over 90% of its value, and it has continued to struggle to reignite investor enthusiasm. And things got worse last week after the stock plunged following the streaming platform's third-quarter results.The latest sell-off has left its shares down 25% year to date. Let's take a closer look at the company's report to see if this is a buying opportunity or if investors ...

Earnings season is now in full swing, and over the past few quarters, that has proven to be a downside catalyst for Roku (NASDAQ: ROKU ), where investors can never really wrap their heads aroundWith combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regular contributor on Seeking Alpha since 2017. He has ...

The company is putting up strong growth, but is weighed down by poor profit figures.Roku (ROKU 2.53%) is a peculiar company. It is a streaming TV platform, a sector littered by big technology companies with close to unlimited budgets. And yet, Roku is the market share leader in the United States and increasingly growing in international markets such as Mexico. The company had no right to win in streaming, but today has 85.5 million streaming TV households playing 32 billion video hours a quarter.The stock h ...

Which of these pandemic-era growth plays is still worth buying today?Roku (ROKU 2.53%) and Shopify (SHOP 1.00%) both experienced major growth spurts during the pandemic in 2020 and 2021. More people stayed at home and streamed videos through Roku's devices, while more shoppers made online purchases through Shopify-powered stores. Those catalysts, along with the buying frenzy in growth and meme stocks, drove both stocks to their all-time highs in 2021.But both companies struggled as those temporary tailwinds ...