Coming into Thursday afternoon's earnings report, Roku (ROKU -23.81%) appeared to be making a comeback. After plunging more than 90% from its pandemic peak, Roku's share price had more than doubled from its bear market bottom as revenue growth has accelerated and the company benefited from lower costs after multiple rounds of layoffs.However, the leading streaming distribution platform's fourth-quarter report left investors unimpressed, and the stock has fallen over 20% as of this writing.Roku's actual numb ...

Bloomberg/Bloomberg via Getty Images In mid-December, I warned Roku, Inc. (NASDAQ:ROKU) investors that ROKU's FOMO surge wasn't sustainable as it surged into well-overvalued zones. As a result, a further valuation re-rating would have required the company to deliver significant outperformance to justify such a move. With ROKU down nearly 30% from my previous Sell article as it underperformed the S&P 500 (SPX) (SPY) significantly, I consider the thesis to have played out accordingly. So what happened that le ...

ToplineShares of Roku dropped more than 23% Friday, one day after it reported earnings and a profit forecast below analysts' expectations, sending company shares plummeting in what became Roku’s worst trading day ever.Roku reported earnings Thursday. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via ... [+] Getty Images)SOPA Images/LightRocket via Getty Images Key FactsRoku, which went public in 2017, saw its stock close at $72 Friday after closing at $94.50 per share Thursday. Roku’s stock ...

Roku Inc. shares are on track to shed almost a quarter of their value Friday, and one analyst sees the media-streaming company ”at the precipice of being squeezed by the emergence of challengers on all flanks.”MoffettNathanson analyst Michael Nathanson has been worried that Roku’s ROKU, -23.89% “first-mover advantage in streaming connectivity” could dwindle as bigger players encroach on its turf, and he now wonders if a tipping point is on the horizon. “On the device side, as the market has shifted from sma ...

Expectations were high heading into Roku's (ROKU -23.18%) fourth-quarter report after Thursday's market close. With the shares initially trading 15% lower on the news, it's fair to say that the market doesn't like what it's hearing out of the streaming video pioneer.It wasn't an entirely problematic performance. There were some positives, even if the overall market sentiment was negative. Let's go over the good, the bad, and the ugly of Roku's critical financial update this week.The goodRevenue rose 14% to ...

I previously discussed whether Nvidia was still undervalued or not. In this video, I will talk about the risks Nvidia (NASDAQ: NVDA) might be facing and the steps it is already taking to prevent falling behind.*Stock prices used were from the trading day of Feb. 15, 2024. The video was published on Feb. 16, 2024. ...

Shares of connected-TV platform company Roku (ROKU -21.97%) crashed on Friday after the company reported financial results for the fourth quarter of 2023. Many of the company's numbers were better than anyone expected. But there was still enough concern that investors knocked Roku stock down by 20% as of 9:50 a.m. ET.Good results weren't good enough for the marketIn Q4, Roku reached 80 million active accounts, a 14% year-over-year increase. This represented 10 million new accounts in 2023, its second-best y ...

Earlier this week, I called Roku's (ROKU 3.57%) fourth-quarter report a "potentially game-changing business update." I also highlighted the company's impressive growth prospects as a leading provider of viewing platforms for digital media streams. Picking up Roku shares this week would deliver rich rewards over the next three years and beyond, I suggested.Well, the report is in and Roku suddenly looks even cheaper. The company appears to be humming on every cylinder, but market makers still slashed its stoc ...

Roku's fourth-quarter losses were wider than expected, and analysts are chiming inStreaming stock Roku Inc (NASDAQ:ROKU) is 17% lower before the bell, following the company's mixed fourth-quarter report. Roku reported adjusted losses of 55 cents per share that fell short of expectations, while revenue of $984 million bested estimates. Roku also forecasted a much weaker first-quarter loss, as it faces off with Netflix (NFLX) and Amazon.com (AMZN) for advertising dollars.In response, Oppenheimer downgraded RO ...

Roku Inc (NASDAQ:ROKU) shares are down 15% in pre-market trading after the TV maker warned it would face “difficult” growth rates in 2024, with earnings falling quarter-on-quarter due to weakness in the ad industry. Revenues during the first quarter of 2024 are predicted to fall to US$850 million, the lowest level since the same period in 2023. Underlying profits are set to fall to around the break-even level, marking a sharp switch from the profitability achieved in the last two quarters. In the first thre ...