What's Going On With Roku Stock Today?
Roku, Inc. ROKU shares are trading higher on Friday.
Why Roku Stock Rallied on Friday
Roku stock got an upgrade and a higher price point from a Wall Street analyst. The streaming pioneer made an important move earlier this month that could act as a catalyst.
The bull case for Roku: Guggenheim upgrades stock to 'buy'
Michael Morris, Guggenheim senior managing director and equity analyst, joins 'Money Movers' to discuss Roku as the stock receives a buy upgrade from Guggenheim.
Roku Stock Eyes Best Day of 2024 After Upgrade
Roku Inc (NASDAQ:ROKU) is up 9.1% to trade at $67.44 this morning, on track for its best single-session gain since November.
Roku stock up 4% following Guggenheim Securities upgrade: Should you buy?
Guggenheim Securities upgraded Roku's rating to “Buy” from “Neutral” on Friday, with a new price target of $75, signaling a potential upside of 21.4% from the current trading price. Following this upgrade, Roku's shares were up by 4% in pre-market trading.
What Drove Roku Stock Up 10% Last Week
Roku stock has had a good run of late, rising by about 10% over the last five trading days. The stock also remains up by about 14% since its Q2 2024 earnings were published earlier this month.
ROKU Stock Plunges 32.4% YTD: Should Investors Hold or Fold?
ROKU's strong user base and platform leadership make the stock worth a watch despite significant hurdles in maintaining profitability and market share.
3 Cheap Tech Stocks to Buy Right Now
Block is a high-powered growth stock with a mix of modest and soaring valuation ratios. Roku's stock has fallen 87% from its all-time highs, but is still growing in a large global market.
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.
Down 89%, Is It Time to Buy the Dip on This Growth Stock?
This company's latest quarter shows that it's on solid footing, with strong growth and narrowing losses. Shares trade well below their historical average price-to-sales multiple.
Is Roku Stock a Buy After a Brutal 2024 Sell-Off?
Roku's stock has fallen 45% year to date, despite the company's robust business growth. The company is showing strong growth in both devices and services, even with a plethora of competitors.
Roku: Still Priced For Disaster
Roku reported strong growth due to a 20% increase in streaming hours and 14% growth in accounts. The streaming video platform is set to top the $1 billion quarterly sales milestone and is targeting accelerating growth heading into 2025. ROKU stock only trades at ~1x forward EV/S targets due in part to a massive cash balance.
