Roku (ROKU) closed the most recent trading day at $63.16, moving -0.87% from the previous trading session. The stock's performance was behind the S&P 500's daily gain of 0.52%. At the same time, the Dow added 0.12%, and the tech-heavy Nasdaq gained 0.9%.Heading into today, shares of the video streaming company had lost 27.65% over the past month, lagging the Consumer Discretionary sector's gain of 0.4% and the S&P 500's gain of 3.85% in that time.The investment community will be closely monitoring the perfo ...

SAN JOSE, Calif.--(BUSINESS WIRE)--Today, Roku, Inc. (NASDAQ: ROKU) announced that Chief Financial Officer Dan Jedda will present at KeyBanc’s Emerging Technology Summit on March 6, 2024. Jedda is scheduled to participate in a fireside conversation at 2:30 PM ET / 11:30 AM PT. A live webcast and replay will be available on Roku’s Investor Relations site at https://www.roku.com/investor. About Roku, Inc. Roku pioneered streaming on TV. We connect users to the content they love, enable content publishers t ...

Roku (ROKU -0.81%) stock slipped in February after Walmart announced an agreement to acquire Vizio and its SmartCast TV operating system. The move is widely seen as hurting Roku's ability to grow its connected TV platform over the long term.Wells Fargo analysts weighed in by downgrading the stock from equal weight to underweight with a $51 near-term price target. The new price target is 21% below the stock's Feb. 26 closing price.Why Walmart's Vizio deal is bad news for RokuRoku has dominated the market for ...

Roku Inc (NASDAQ:ROKU) is 2.5% lower to trade at $62.77 this morning, after Wells Fargo downgraded the streaming stock to "under weight" from "equal weight" and trimmed its price target to $51 from $77. The analyst in coverage cited Walmart's (WMT) upcoming acquisition of Vizio (VZO), noting that Walmart is roughly one-third of Roku's Device sales/net adds, and the deal will likely pressure these figures in 2025 and 2026.Roku stock suffered a post-earnings bear gap of 23.8% on Feb. 16. The shares are now 31 ...

Roku (ROKU -1.96%) stock has been under pressure lately. Not only is the streaming company coming off an uninspiring fourth quarter, but news of Walmart acquiring smart TV maker Vizio likely also has investors worried about an increase in competition for Roku in the future. Even if it's part of a broader move for Walmart to go after rival Amazon, having the largest retailer in the world encroach on your territory simply isn't a great development for Roku.But there are bigger problems Roku investors should c ...

Streaming specialist Roku (ROKU -0.20%) did not start the year on a strong note. Things have only worsened since early January: The company's shares dropped following its fourth-quarter earnings report. As things stand, Roku's shares are down by 29% year to date and are trading for just under $65 apiece. However, there are good reasons to remain bullish on Roku. Find out why the company's stock is still worth buying.Some worrying signs in Roku's reportAt first glance, Roku's fourth-quarter results weren't b ...

Key PointsStreaming video platform hardware and software provider Roku reported strong Q4 2023 top- and bottom-line growth and raised its guidance. A drop in average revenue per user (ARPU) caused shares to sink over 35% in the following days.Roku's (ARPU) fell under $40 for the first time since Q2 2021, with 55.1 million users.5 stocks we like better than Meta PlatformsStreaming video hardware and software platform operator Roku Inc. NASDAQ: ROKU shares plummeted over 35% following its Q4 2023 earnings rep ...

The stock market has been kind to growth-hunting investors recently. The tech-heavy Nasdaq Composite (NASDAQINDEX: ^IXIC) market index has gained more than 32% over the last 12 months, thanks to an improving economy making stock buyers comfortable with potentially risky ideas again.But some excellent growth stocks didn't punch a ticket to that freight train. This creates an imbalance between fantastic long-term business prospects and modest share prices. In turn, savvy investors get a tempting buy-in oppor ...

Shares of streaming standout Roku (ROKU 1.88%) were cruising in 2024 but lost control and spun out when fourth-quarter earnings came out on Feb. 15. The stock price has fallen roughly 32% since the report's release.Sudden drops that big can be unnerving, and it's fair to at least revisit the stock's investment thesis to look for something investors might have missed or some other reason to run far away. At the same time, the market could be acting irrationally, making Roku's drop a fantastic buying opportun ...

For investors who like big, fat net profits, connected-TV platform company Roku (ROKU 1.88%) is a stock to steer clear of. After posting its first full-year net profit in 2021, the company followed it up in 2022 with a record loss of $531 million.In 2023, Roku beat this record with a new record loss of $710 million. For shareholders, it's a disheartening chart to look at for sure. Of course, looking at Roku's net loss in isolation won't lead to anything actionable for investors. They must understand why the ...