Roku has sealed a multi-year deal for rights to Major League Baseball, setting a slate of 18 games to stream live and for free every Sunday. Billed as Sunday Leadoff, the early-window games appeared last season on Peacock. The shift to Roku marks a milestone in the ongoing migration of sports to streaming, with Roku being the first non-subscription outlet to carry live games from a major sport. Already, MLB has shown a considerable appetite for streaming, setting a season-long deals with Amazon and Apple TV ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Roku will carry Major League Baseball games on Sundays beginning this week, and viewers will be able to watch for free and not be required to use a Roku device, the streaming service announced Monday. Roku secured multiyear rights for MLB Sunday Leadoff games beginning with the Boston Red Sox at St. Louis Cardinals this Sunday. T ...

Could its cash flow soon soar even higher?Shareholders are probably tired of hearing it -- I'm a shareholder and I know I'm tired of it -- but it still needs to be said: Shares of connected-TV platform company Roku (ROKU -3.87%) are down almost 90% from highs reached back in 2021. The ride hasn't been fun in recent years and there are fundamental reasons the stock is down.One of Roku's biggest problems is its gross profit -- how much it makes after taking out the direct costs of its products and services. T ...

This company continues to grow. But when will it generate a profit?Investors have thrown in the towel on Roku (ROKU 2.06%). The pandemic-era favorite is off close to 90% from all-time highs as Wall Street continues to worry about profitability and its competitive positioning in the streaming TV (CTV) sector. Even though nobody is talking about this stock anymore, the CTV platform is growing market share in the United States and around the world. It just reported strong growth yet again in the first quarter ...

Roku Inc (NASDAQ:ROKU) stock is down 33.6% so far in 2024. The shares have yet to recover from February bear gap and have even moved lower since. Still, bulls should hold off on buying in on the dip, as ROKU could move lower still. That's because the security just came within one standard deviation of its 50-day moving average, after a lengthy period below the trendline, defined for this study as having traded south of this trendline 80% of the time over the last two months, and in eight of the last 10 trad ...

Roku's Q1 results showed continued progress in some areas.Roku (ROKU -1.39%) had a very difficult stretch operationally that started in the second quarter of 2022 due to a weak advertising market. Over the next year, the company consistently reported negative adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) until it broke the streak in the third quarter of 2023.Since then, Roku has been back on track, reporting positive adjusted EBITDA and generating positive free cash flow. ...

The stock won't be southbound forever.Things aren't getting any better for streaming specialist Roku (ROKU 2.55%). After starting the year on a bad note, some hoped the company's first-quarter results might be the start of a turnaround. Not so, says the market, as investors still weren't convinced by Roku's latest quarterly updates. On the one hand, there are some things to like about Roku's prospects, but the bears also have some valid arguments. Let's consider one reason Roku's stock might be a buy and on ...

It's been a tough run for Roku (ROKU) stock, which is already down 36.8% in 2024. The security is sticking close to six-month lows, though a floor has formed at the $56 level in recent weeks. Those looking to buy the dip on ROKU should hold off for now, as things could get bumpier in the coming month.The security just came within one standard deviation of its 50-day moving average, after a lengthy period below the trendline. According to data from Schaeffer's Senior Quantitative Analyst Rocky White, Roku st ...

Roku (ROKU) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this video streaming company have returned -8.3% over the past month versus the Zacks S&P 500 composite's -4.1% change. The Zacks Broadcast Radio and Television industry, to which Roku belongs, has lost 9.8% over this period. Now the key question is: Where could the stock be headed in the near te ...

The streaming platform's latest push toward profitability has the attention of investment bank analysts.Shares of Roku (ROKU 4.10%) are down about 46% from a peak they set last year, but Wall Street's still bullish for the streaming platform.Susquehanna analyst Shyam Patil recently lowered his firm's price target for Roku to $80 per share and maintained a positive rating. The reduced target still implies a gain of about 38% from recent prices.Why Wall Street isn't changing the channel on RokuRoku's been ope ...