Roku, Inc. (ROKU)
Roku Stock Jumps After Better-than-Estimated Results
Close KEY TAKEAWAYS Roku shares are jumping Friday, after the streaming company posted better-than-estimated fourth-quarter results.JPMorgan stuck with its outperform rating on Roku and raised its price target on the stock to $115 from $92 each.Roku said it exceeded 90 million streaming households in the first week of January 2025. Roku (ROKU) shares jumped early Friday after the streaming company posted better-than-estimated fourth-quarter results. The streaming platform reported a narrower fourth-quarter operating loss of $39.1 million versus the $104.2 million loss it posted in the same period in 2023. Revenue jumped 22% year-over-year to $1.20 billion, All the numbers beat consensus estimates from Visible Alpha. Roku also said it expects to be “operating income positive for full year 2026.” The stock was up about 14% in early trading. Roku Projects First FY Outlook Since 2022 The company projected first-quarter revenue of $1.0 billion and full year 2025 revenue at $4.61 billion. Those figures were in line with estimates but JPMorgan analysts Thursday said the company “threw a curveball and provided a year-ahead outlook for the first time since 2022.” JPMorgan stuck with its outperform rating on Roku and raised its price target on the stock to $115 from $92 each. Roku said in its shareholder letter that it wanted to “provide a clear and accurate outlook grounded in the latest information rather than conservatism.” Roku said it ended 2024 with 89.8 million streaming households, and exceeded 90 million in the first week of January 2025. Roku shares were down around 4% in the past 12 months through Thursday. This article has been updated since it was first published to reflect new share-price information. Do you have a news tip for Investopedia reporters? Please email us at [email protected]
Roku CEO Anthony Wood on Q4 results: Strong platform growth driven by our strategy
CNBC's Julia Boorstin and Roku CEO Anthony Wood join 'Squawk Box' to discuss the company's quarterly earnings results, the company's advertising business, growth outlook, and more.
What's Happening With ROKU Stock?
Roku stock surged by approximately 14% in pre-market trading on Friday, bringing its year-to-date gains to over 30%. The increase follows Roku's stronger-than-expected Q4 2024 results, with total revenue climbing 22% to $1.2 billion.
Roku Stock Jumps on Higher-than-Estimated Results, JPMorgan Raises Price Target
Roku (ROKU) shares are jumping around 15% in premarket trading Friday, after the streaming company posted better-than-estimated fourth-quarter results.
5 Reasons Roku Is Moving Higher on Friday
We're in the home stretch for earnings season, and a strong report can send a stock higher. Shares of Roku (ROKU 2.38%) initially moved sharply skyward after the company posted encouraging financial results on Thursday afternoon following the market's closing bell.
Roku Q4 Earnings: Look Beyond The Noise, Inflection Point
Roku is poised for a turnaround, with free cash flow expected to nearly double by 2025, attracting institutional investors. The stock is currently priced at 35x forward free cash flow and operates debt-free, making it an attractive investment. Roku's ad business is set to grow faster than 2024, and expanding retail reach should boost user growth and revenue.
Cathie Wood's Ark Invest sold Roku, Robinhood on Thursday: here's what it bought
On Thursday, Ark Invest, led by Cathie Wood, sold a chunk of its Robinhood shares. The sales come after the company posted strong earnings for the fourth quarter.
Roku, Inc. (ROKU) Q4 2024 Earnings Call Transcript
Roku, Inc. (NASDAQ:ROKU ) Q4 2024 Earnings Conference Call February 13, 2025 5:00 PM ET Company Participants Conrad Grodd - Vice President, Investor Relations Anthony Wood - Founder, Chairman and Chief Executive Officer Dan Jedda - Chief Financial Officer Charlie Collier - President, Roku Media Mustafa Ozgen - President Devices Conference Call Participants Shyam Patil - Susquehanna Michael Morris - Guggenheim Securities Laura Martin - Needham Jason Helfstein - Oppenheimer Matt Condon - Citizens JMP Ralph Schackart - William Blair Steven Cahall - Wells Fargo Cameron McVeigh - Morgan Stanley Rich Greenfield - LightShed Partners Alan Gould - Loop Capital Barton Crockett - Rosenblatt Operator Good day, and thank you for standing by. Welcome to the Roku Fourth Quarter 2024 Earnings Conference Call.
Roku (ROKU) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Roku (ROKU) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Roku (ROKU) Reports Q4 Loss, Tops Revenue Estimates
Roku (ROKU) came out with a quarterly loss of $0.24 per share versus the Zacks Consensus Estimate of a loss of $0.44. This compares to loss of $0.55 per share a year ago.
Roku had a 'pretty clean' quarter, says Evercore ISI's Mark Mahaney
Mark Mahaney, Evercore ISI Head of Internet Research, joins 'Closing Bell Overtime' to talk Airbnb and Roku earnings.
Roku Platform Drives Earnings Beat
Here's our initial take on Roku's (ROKU 2.38%) fourth-quarter financial report.
