There are a couple of things that have weighed Roku stock down this year. Roku's streaming service distribution business, which facilitates the subscription process for streaming services and earns commissions for the same, is seeing some headwinds as more streaming services, including Netflix, focus on selling more affordable, ad-supported plans as customers look for better value in a mixed economic environment. Moreover, Roku has to increasingly compete for advertising-related revenue with big technology ...

Loading... Loading... As Roku, Inc. ROKU navigates a turbulent market, its stock is caught in a fierce bull-bear debate. Needham analyst Laura Martin maintains a Buy rating with a $100 price target, summarizing key bullish and bearish points driving investor discussions. Bullish investors are enthusiastic about Roku's revenue potential from several fronts: Programmatic CTV Ad Sales: Roku's integration with third-party DSPs aims to capitalize on unsold ad inventory. This should potentially drive significant ...

Streaming has become the dominant mode of content viewing today, accounting for more than a third of total viewing hours, according to data company Neilsen. The largest players continue to duke it out for the top spot, but there are several different forms of streaming and different leaders in various segments. Disney has a robust streaming unit that, without ESPN, took in $5.6 billion in the 2024 fiscal second quarter (ended March 30), or about a quarter of total sales. Considering it didn't exist a few ye ...

Revisions to Earnings Estimates For the current fiscal year, the consensus earnings estimate of -$1.94 points to a change of +61.3% from the prior year. Over the last 30 days, this estimate has remained unchanged. 12 Month EPS Last Reported Results and Surprise History Valuation Roku is graded F on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade. Over the past month, shares of this video streaming ...

Roku Inc. (ROKU) recently launched Roku Exchange, a new advertising technology solution tailored for TV streaming. This platform bridges premium ad inventory with advertiser demand, leveraging ROKU's extensive data and AI-driven optimization to enhance campaign performance. These efforts are expected to boost the company's platform revenues in the upcoming quarters. The Zacks Consensus Estimate for ROKU's 2024 platform revenues is pegged at $3.3 billion, indicating a yearover-year increase of 10.35%. The co ...

The latest trading session saw Roku (ROKU) ending at $57.97, denoting a -0.26% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily loss of 0.02%. Elsewhere, the Dow saw an upswing of 0.2%, while the tech-heavy Nasdaq depreciated by 0.09%. For the full year, the Zacks Consensus Estimates are projecting earnings of -$1.94 per share and revenue of $3.92 billion, which would represent changes of +61.28% and +12.46%, respectively, from the prior year. The Broadcast Radio ...

Roku has shed nearly half of its value over the past six months, but there are reasons for optimism in a sea of pessimism. The popular narrative is that the streaming services industry is a cutthroat business, but check your bill to see that this isn't a race to the bottom. The major premium players keep increasing prices for their ad-free offerings. Warner Bros. Discovery's Max became the latest platform to raise the bid on Tuesday. The offering formerly known as HBO Max now costs $16.99 a month, $1 higher ...

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. Over the past month, shares of this video streaming company have returned -4%, compared to the Zacks S&P 500 composite's +3.2% change. During this period, the Zacks Broadcast Radio and Television industry, which Roku falls in, has gained 7.4%. The key question now is: What could be the stock's future dire ...

The streaming stock has struggled of late. Can it bounce back? While the broad market is soaring to all-time highs, Roku (ROKU -0.20%) stock has been left behind. Shares of the streaming distributor fell sharply on its fourth-quarter earnings report in February and have only drifted lower since then, as the company is still unprofitable on the basis of generally accepted accounting principles (GAAP) and the media industry is in a volatile state. Legacy media companies, including Paramount Global, Warner Bro ...

Roku (ROKU) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Shares of this video streaming company have returned -10.5% over the past month versus the Zacks S&P 500 composite's +4% change. The Zacks Broadcast Radio and Television industry, to which Roku belongs, has gained 6.3% over this period. Now the key question is: Where could the stock be headed in the near term? While media rel ...