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 ...

Roku (ROKU 1.88%) stock has been sinking over the past few weeks. The plunge began when Walmart announced it was buying Roku competitor Vizio, and then it continued after Roku released its earnings report last week. It's now down 30% since the year started, erasing much of its 2023 gains.Ever the contrarian, Ark Invest's Cathie Wood has been taking advantage of the plunging price to scoop up shares of Roku stock. Should investors follow her lead?Why Roku stock is downRoku is known for its streaming devices, ...

Technology stocks have been on an absolute tear recently. But these returns have been concentrated in a few mega-cap names and beneficiaries of the artificial intelligence (AI) boom. It might not seem like it when looking at the broad market's return charts, but many smaller technology stocks are doing terribly.One stock that has gone through major struggles is Roku (ROKU 1.88%). The streaming-TV platform is off 87% from all-time highs, with the stock falling 30% after its latest earnings report earlier thi ...

Shares of Roku (ROKU 1.60%) sank over 10% this week, according to data from S&P Global Market Intelligence. The TV streaming platform continued to fall despite broad market gains after Walmart inched closer to buying competitor Vizio Holding (VZIO 0.05%). It doesn't help that Roku just posted poor earnings for the fourth quarter of 2023, either.As of this writing, shares of Roku are off 87% from all-time highs and are currently under $65. At one point in 2021, Roku stock was above $400.Walmart's troubling p ...

The stock has had its ups and downs in the past year, but Roku's (ROKU -0.95%) trajectory has mainly been in just one direction lately. Shares are down a brutal 80% since setting their pandemic highs in early 2021 and have declined over 20% following the streaming video specialist's Q4 earnings update in early February. Industry peer Netflix (NFLX 2.64%), on the other hand, is beating the market in the past year, suggesting there are weaknesses in Roku's business approach or in its engagement trends.Decline ...

Retail giant Walmart (WMT 0.98%) just announced it will purchase smart TV maker Vizio (NYSE: VZIO) for $2.3 billion. Admittedly, the deal may spook investors in Roku (ROKU -0.95%), which leads the smart TV ads and TV operating system markets, according to market research firm Pixalate. Indeed, Roku stock fell nearly 7% on the day following this announcement.Vizio should benefit from Walmart's vast resources, allowing it to improve its television and ad platforms. However, Roku has managed to compete against ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Roku. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...