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3 Reasons Roku Stock Could Bounce Back This Summer
The Motley Fool· 2024-06-05 17:23
Roku has shed nearly half of its value over the past six months, but there are reasons for optimism in a sea of pessimism. The popular narrative is that the streaming services industry is a cutthroat business, but check your bill to see that this isn't a race to the bottom. The major premium players keep increasing prices for their ad-free offerings. Warner Bros. Discovery's Max became the latest platform to raise the bid on Tuesday. The offering formerly known as HBO Max now costs $16.99 a month, $1 higher ...
Here is What to Know Beyond Why Roku, Inc. (ROKU) is a Trending Stock
ZACKS· 2024-06-04 14:01
Roku (ROKU) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Over the past month, shares of this video streaming company have returned -4%, compared to the Zacks S&P 500 composite's +3.2% change. During this period, the Zacks Broadcast Radio and Television industry, which Roku falls in, has gained 7.4%. The key question now is: What could be the stock's future dire ...
Where Will Roku Stock Be in 1 Year?
The Motley Fool· 2024-05-30 13:30
The streaming stock has struggled of late. Can it bounce back? While the broad market is soaring to all-time highs, Roku (ROKU -0.20%) stock has been left behind. Shares of the streaming distributor fell sharply on its fourth-quarter earnings report in February and have only drifted lower since then, as the company is still unprofitable on the basis of generally accepted accounting principles (GAAP) and the media industry is in a volatile state. Legacy media companies, including Paramount Global, Warner Bro ...
Roku, Inc. (ROKU) is Attracting Investor Attention: Here is What You Should Know
zacks.com· 2024-05-24 14:01
Roku (ROKU) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Shares of this video streaming company have returned -10.5% over the past month versus the Zacks S&P 500 composite's +4% change. The Zacks Broadcast Radio and Television industry, to which Roku belongs, has gained 6.3% over this period. Now the key question is: Where could the stock be headed in the near term? While media rel ...
Is Roku Stock Attractive At $62 As Engagement Rises And Costs Decline?
forbes.com· 2024-05-16 13:00
Given the current uncertain macroeconomic environment with high oil prices and elevated interest rates, could ROKU face a similar situation as it did in 2021 and 2022 and underperform the S&P over the next 12 months - or will it see a recovery? LOS ANGELES, CALIFORNIA - MARCH 18: Blake Anderson, Kate Berlant, Andy Richter, Chelsea Peretti, Amy ... [+] Poehler, Xosha Roquemore, Benito Skinner and Max Greenfield seen at Los Angeles Friends and Family Screening of Roku's "First Time Female Director" at Vidiots ...
ROKU Secures Exclusive Rights to Broadcast MLB's Sunday Leadoff
Zacks Investment Research· 2024-05-14 16:56
Roku Inc. (ROKU) announced that it has secured exclusive multi-year rights to broadcast Major League Baseball's (MLB) Sunday Leadoff live games. The company will broadcast these games for free on The Roku Channel. It is set to introduce a new section called MLB Zone on Roku, where fans can explore live and upcoming games, nightly recaps, highlights and more. MLB's Sunday Leadoff will also be streamed every Sunday on TheRokuChannel.com from May 19 to Sep 15, 2024. Each week, different broadcast teams, includ ...
Roku Will Stream Sunday MLB Games for Free Starting This Week
CNET· 2024-05-13 21:10
Roku is getting into live sports. On Monday the streaming giant announced that it had reached a deal with MLB to become the new home for Sunday's first baseball of the day. These games will be available for free via The Roku Channel, the streamer's free service that is available on its namesake platform and devices, a mobile app for iOS and Android, as well as on smart TVs and streaming devices running software from Samsung, Google (Google TV or Android TV) or Amazon (Fire TV). The company says that users w ...
Roku Snags Major League Baseball Rights, Sets Slate Of Free Games To Stream In Early Sunday Window
Deadline· 2024-05-13 20:52
Roku has sealed a multi-year deal for rights to Major League Baseball, setting a slate of 18 games to stream live and for free every Sunday. Billed as Sunday Leadoff, the early-window games appeared last season on Peacock. The shift to Roku marks a milestone in the ongoing migration of sports to streaming, with Roku being the first non-subscription outlet to carry live games from a major sport. Already, MLB has shown a considerable appetite for streaming, setting a season-long deals with Amazon and Apple TV ...
Roku will stream weekly MLB game on Sundays. Viewers won't need one of the service's devices
TechXplore· 2024-05-13 20:49
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Roku will carry Major League Baseball games on Sundays beginning this week, and viewers will be able to watch for free and not be required to use a Roku device, the streaming service announced Monday. Roku secured multiyear rights for MLB Sunday Leadoff games beginning with the Boston Red Sox at St. Louis Cardinals this Sunday. T ...
Surprise: Roku's Cash Flow Is at an All-Time High. Here's What Investors Need to Know.
The Motley Fool· 2024-05-11 09:15
Could its cash flow soon soar even higher?Shareholders are probably tired of hearing it -- I'm a shareholder and I know I'm tired of it -- but it still needs to be said: Shares of connected-TV platform company Roku (ROKU -3.87%) are down almost 90% from highs reached back in 2021. The ride hasn't been fun in recent years and there are fundamental reasons the stock is down.One of Roku's biggest problems is its gross profit -- how much it makes after taking out the direct costs of its products and services. T ...