The streaming industry has evolved considerably over the past decade. One notable change has been a massive increase in the number of competitors. Still, some of the longtime leaders remain at the top. One of them is Roku (ROKU -0.62%), one of the most prominent players in the connected TV market. Though the tech company has delivered market-beating returns since its 2017 IPO, some think the best is in the rearview mirror.Others think the company's shares are overvalued. These (and other) reasons explain wh ...

Roku (ROKU) closed the latest trading day at $63.58, indicating a -0.39% change from the previous session's end. The stock's change was less than the S&P 500's daily loss of 0.14%. Meanwhile, the Dow lost 0.77%, and the Nasdaq, a tech-heavy index, added 0.17%.Shares of the video streaming company witnessed a gain of 0.85% over the previous month, trailing the performance of the Consumer Discretionary sector with its gain of 3.33% and the S&P 500's gain of 5.34%.Analysts and investors alike will be keeping a ...

ALEXANDRIA, Va., March 19, 2024 /PRNewswire/ -- Cross Screen Media, a CTV activation managed service provider for local agencies specializing in political and public affairs, today announced an expanded partnership with Roku (Nasdaq: ROKU), America's No. 1 TV streaming platform. Cross Screen Media's agency customers can now accurately measure spend on Roku inventory and through Roku's Ad Platform. Agencies can also leverage Roku's ACR viewership data to target precise audiences based on household-level cons ...

In the latest trading session, Roku (ROKU) closed at $64.13, marking a -0.43% move from the previous day. This change lagged the S&P 500's 1.12% gain on the day. Elsewhere, the Dow saw an upswing of 0.61%, while the tech-heavy Nasdaq appreciated by 1.54%.Shares of the video streaming company have depreciated by 34.66% over the course of the past month, underperforming the Consumer Discretionary sector's gain of 1.03% and the S&P 500's gain of 2.06%.The investment community will be closely monitoring the per ...

There's something special about finding "the next big thing" before that thing goes mainstream. Tom and David Gardner recommended Amazon.com and Netflix (NFLX 1.79%) years before those online innovators were cool. Without those astute insights, The Motley Fool might not have existed today.Or you can look at my personal history. I dove headlong into that brand-new "Internet" thing in 1995, spending every spare moment in my Swedish college's computer rooms to explore the rudimentary world wide web at dial-up ...

From its initial public offering in September 2017 to its all-time high in July 2021, Roku (ROKU -1.17%) stock has skyrocketed nearly 2,000%. As was the case with many tech businesses, the pandemic also lifted this company to new heights.But given more subdued investor interest, coupled with a growth slowdown, this streaming stock is currently 87% below its all-time high. It now trades at a historically cheap price-to-sales ratio of 2.6.Besides that compelling valuation, here are three reasons to consider b ...

In the latest trading session, Roku (ROKU) closed at $62.67, marking a -0.19% move from the previous day. The stock's change was less than the S&P 500's daily gain of 0.51%. Meanwhile, the Dow gained 0.2%, and the Nasdaq, a tech-heavy index, added 0.58%.The video streaming company's stock has dropped by 32.83% in the past month, falling short of the Consumer Discretionary sector's gain of 1.3% and the S&P 500's gain of 2.94%.The investment community will be closely monitoring the performance of Roku in its ...

Shares of video streaming company Roku (ROKU -0.36%) dropped 28% in February according to data provided by S&P Global Market Intelligence. Although it reported solid fourth-quarter and full-year results, it was negatively impacted by the news that Walmart is acquiring one of its competitors.Making progress where it countsRoku's fourth-quarter results were pretty strong. Revenue increased a solid 11% year over year, and both of its segments, platform and device, demonstrated growth.There was good progress on ...

Shares of Roku (ROKU 0.79%) have fallen sharply since the company posted disappointing financial results last month. The streaming video pioneer's stock has fallen in nine of the past 11 trading days, shedding a third of its value in the process.Analysts have been cooling on Roku following the uninspiring fourth-quarter report. The latest Wall Street downgrade, coming from Steven Cahall at Wells Fargo, didn't even lead with the rough financial performance in lowering his rating on Roku from equal weight to ...

Roku (ROKU -0.52%) seriously disappointed investors when it reported fourth-quarter 2023 financial results last month. Revenue of $984.4 million, up 14% year over year, beat analyst expectations. However, soft guidance really worried shareholders, as management believes macro and industry headwinds will remain an issue.As of this writing, the streaming stock is down 33% since that announcement, and it currently sits at 87% below its all-time high. This is a huge disappointment when compared to the broader i ...