Roku Q2 earnings beat likely on expanding market share, analysts say
Roku Inc (NASDAQ:ROKU) is likely to deliver an earnings beat for the second quarter when the smart TV and streaming company reports on Thursday, August 1, analysts at Wedbush believe. Wall Street analysts, on average, expect Roku to post a loss per share of $0.45 on revenue of $935.3 million.
Why Roku Stock Plunged 10.1% Today
Peacock's news of declining subscriptions is bad news for the Roku Channel. If streaming is a winner-take-all market, Roku isn't in position to be one of the companies left standing.
2 Top Bargain Stocks Ready for a Bull Run
Fiverr and Roku have strong revenue growth in the last four years, with Fiverr up 125% and Roku up 135% -- despite two years of obstructed growth. Both companies are generating healthy and rising free cash flow again after inflation-driven dips in 2022.
Why the Market Dipped But Roku (ROKU) Gained Today
In the most recent trading session, Roku (ROKU) closed at $62.08, indicating a +0.04% shift from the previous trading day.
1 Growth Stock Down 87% to Buy Right Now
Roku is a crucial revenue-bearing intermediary between consumers and streaming services. As such, it's not necessarily vulnerable to the streaming industry's stagnating growth.
All Roads Lead to Roku as a Streaming Stock Bargain
Comcast's Peacock is increasing prices for its Peacock Premium service by $2 a month. Netflix is phasing out its Basic plan for all users in the U.S. and France, forcing subscribers to make a big decision.
Roku (ROKU) Ascends While Market Falls: Some Facts to Note
Roku (ROKU) concluded the recent trading session at $64.77, signifying a +0.06% move from its prior day's close.
ROKU Collaborates With Sony for NFL's GMFB: Overtime Series
ROKU collaborates with Sony for a streaming deal that will add NFL's series, GMFB: Overtime, to the Good Morning Football series.
Down 91% Since 2021, Roku Stock Is Now a Buy
Roku has generated positive free cash flow for three consecutive quarters. Roku is the most popular TV operating system in the United States.
Roku, Inc. (ROKU) is Attracting Investor Attention: Here is What You Should Know
Zacks.com users have recently been watching Roku (ROKU) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Why Roku Stock Started 2024 On a Low Note
Roku shares dropped by more than one-third in the first half of 2024. Investors may be leery of Walmart's acquisition of Roku competitor Vizio.
Will Cost Cuts And User Gains Power Roku's Q2 Results
Roku has had a tough year so far, falling by about 34% year-to-date, underperforming the Nasdaq-100, which gained over 20% over the same period. This compares with streaming titan Netflix, which has seen its stock rise close to 40% over the same period.
