Bank of America raised its price target for Roku stock to $US500 from $US380 on Monday, implying an 18% surge from Friday’s close. The bank’s analysts expect the shift of advertising dollars to streaming platforms to continue driving record quarterly profits and revenue. International expansion and the addition of content […]
Roku surged 7% on Thursday after striking a long-awaited deal to carry HBO Max on its streaming platform. Since the launch of HBO Max seven months ago, WarnerMedia and Roku had failed to reach a deal for the number one streaming platform by market share to carry the new iteration […]
Roku gained its biggest Wall Street bull yet when Laura Martin of Needham increased her price target to $US200 on Tuesday, a 47% upside from Monday’s close. Shares of Roku spiked as much as 7% on the news. Martin wrote that investment risks for Roku are falling and called it […]
Roku shares fell as much as 16% Monday after Morgan Stanley downgraded the stock from “equal-weight” to “underweight.” Morgan Stanley analyst Benjamin Swinburne said that in light of Roku’s 400% gain this year, the stock’s risk/reward profile is skewed to the downside. Swinburne added that Roku’s valuation has surpassed not […]
Several Wall Street analysts are standing by Roku after the company’s share price plunged more than 14% on Thursday morning following disappointing earnings. Despite Roku reporting stronger sales and a smaller loss than analysts expected for the third quarter, the outperformance was weaker than that of previous periods. Analysts are […]
RBC Capital Markets analyst Mark Mahaney upgraded Roku’s rating to “outperform” from “sector perform,” and boosted his price target to $US155 from $US107. The analyst sees about 30% upside for the shares thanks to Roku’s “favourable positioning as one of the best plays on ad-supported OTT.” Shares of Roku climbed […]
Shares of Disney,Netflix, and Roku fell on Tuesday after Apple announced its upcoming streaming service will cost $US4.99 (A$7.99) , a lower figure than previously expected – and one that undercuts rival prices. Apple also said customers who buy a Mac, iPhone, or Apple TV will receive a free year […]
Roku topped Wall Street’s earnings expectations on Wednesday, posting a financially neutral quarter where analysts had anticipated a 14 cent loss per share. The streaming company’s ad business helped fuel the beat – an area Netflix and Amazon ignore. Shares surged more than 10% in after-hours trading following the release. […]
ESPN’s cable-free streaming service, ESPN+, will be available on Roku devices, the company announced Monday. Roku surged more than 8% after-hours on the news. Follow Roku’s stock price in real-time here. Shares of Roku jumped more than 8% in early trading Tuesday after the streaming-device maker announced a deal with […]
Roku reported fourth-quarter 2017 earnings on Wednesday that slightly beat Wall Street estimates. The company’s stock plunged after it gave weaker-than-expected first-quarter 2018 guidance. Watch Roku’s stock move in real time. Shares of Roku dived more than 20% Thursday morning after the company gave weaker-than-expected sales guidance for the first […]
Roku‘s stock was up after news that it will introduce a suite of new ad measurement tools. The tools will allow marketers, TV networks, and media owners to track the effectiveness of their ad campaigns on Roku’s platforms. The rally was a break from a rough few weeks for the […]
Roku, which makes streaming video devices, has more than tripled since going public in November. Shares opened at an all-time high of $US49.41 after getting a super-bullish analyst price target. Shares of Roku blew past previous highs to open at $US49.41 apiece Tuesday morning, a day after Needham slapped a […]
Roku, a video streaming device maker, has seen its stock climb 89% since going public in September. The stock neared its all-time high on Monday after Needham analyst Laura Martin almost doubled her price target. She says the stock could reach $US50. Shares of Roku climbed over 13% Monday, peaking […]
Roku, a video streaming platform and hardware...
Roku crushed its first-ever earnings report as...
Roku is up 46.66% on Thursday to $27.35...
Roku's stock is surging in its second day of...
