Can ROKU Channel Push Shares Higher After 19.8% 6-Month Rally?

Key Takeaways ROKU shares surged 19.8% in 6 months as platform revenues hit $975 million with 18% growth.The Roku Channel saw 80% streaming hour growth and ranks #2 by engagement on the platform.Roku trades at 36.31X price-to-cash flow versus 34.49X industry average after recent rally.Roku Inc. (ROKU) has captured investor attention following a substantial six-month rally, with shares climbing 19.8% as the streaming platform operator navigates an evolving entertainment landscape. The stock has outperformed ...