There's something special about finding "the next big thing" before that thing goes mainstream. Tom and David Gardner recommended Amazon.com and Netflix (NFLX 1.79%) years before those online innovators were cool. Without those astute insights, The Motley Fool might not have existed today.Or you can look at my personal history. I dove headlong into that brand-new "Internet" thing in 1995, spending every spare moment in my Swedish college's computer rooms to explore the rudimentary world wide web at dial-up ...

From its initial public offering in September 2017 to its all-time high in July 2021, Roku (ROKU -1.17%) stock has skyrocketed nearly 2,000%. As was the case with many tech businesses, the pandemic also lifted this company to new heights.But given more subdued investor interest, coupled with a growth slowdown, this streaming stock is currently 87% below its all-time high. It now trades at a historically cheap price-to-sales ratio of 2.6.Besides that compelling valuation, here are three reasons to consider b ...

In the latest trading session, Roku (ROKU) closed at $62.67, marking a -0.19% move from the previous day. The stock's change was less than the S&P 500's daily gain of 0.51%. Meanwhile, the Dow gained 0.2%, and the Nasdaq, a tech-heavy index, added 0.58%.The video streaming company's stock has dropped by 32.83% in the past month, falling short of the Consumer Discretionary sector's gain of 1.3% and the S&P 500's gain of 2.94%.The investment community will be closely monitoring the performance of Roku in its ...

Shares of video streaming company Roku (ROKU -0.36%) dropped 28% in February according to data provided by S&P Global Market Intelligence. Although it reported solid fourth-quarter and full-year results, it was negatively impacted by the news that Walmart is acquiring one of its competitors.Making progress where it countsRoku's fourth-quarter results were pretty strong. Revenue increased a solid 11% year over year, and both of its segments, platform and device, demonstrated growth.There was good progress on ...

Shares of Roku (ROKU 0.79%) have fallen sharply since the company posted disappointing financial results last month. The streaming video pioneer's stock has fallen in nine of the past 11 trading days, shedding a third of its value in the process.Analysts have been cooling on Roku following the uninspiring fourth-quarter report. The latest Wall Street downgrade, coming from Steven Cahall at Wells Fargo, didn't even lead with the rough financial performance in lowering his rating on Roku from equal weight to ...

Roku (ROKU -0.52%) seriously disappointed investors when it reported fourth-quarter 2023 financial results last month. Revenue of $984.4 million, up 14% year over year, beat analyst expectations. However, soft guidance really worried shareholders, as management believes macro and industry headwinds will remain an issue.As of this writing, the streaming stock is down 33% since that announcement, and it currently sits at 87% below its all-time high. This is a huge disappointment when compared to the broader i ...

Roku (ROKU) closed the most recent trading day at $63.16, moving -0.87% from the previous trading session. The stock's performance was behind the S&P 500's daily gain of 0.52%. At the same time, the Dow added 0.12%, and the tech-heavy Nasdaq gained 0.9%.Heading into today, shares of the video streaming company had lost 27.65% over the past month, lagging the Consumer Discretionary sector's gain of 0.4% and the S&P 500's gain of 3.85% in that time.The investment community will be closely monitoring the perfo ...

SAN JOSE, Calif.--(BUSINESS WIRE)--Today, Roku, Inc. (NASDAQ: ROKU) announced that Chief Financial Officer Dan Jedda will present at KeyBanc’s Emerging Technology Summit on March 6, 2024. Jedda is scheduled to participate in a fireside conversation at 2:30 PM ET / 11:30 AM PT. A live webcast and replay will be available on Roku’s Investor Relations site at https://www.roku.com/investor. About Roku, Inc. Roku pioneered streaming on TV. We connect users to the content they love, enable content publishers t ...

Roku (ROKU -0.81%) stock slipped in February after Walmart announced an agreement to acquire Vizio and its SmartCast TV operating system. The move is widely seen as hurting Roku's ability to grow its connected TV platform over the long term.Wells Fargo analysts weighed in by downgrading the stock from equal weight to underweight with a $51 near-term price target. The new price target is 21% below the stock's Feb. 26 closing price.Why Walmart's Vizio deal is bad news for RokuRoku has dominated the market for ...

Roku Inc (NASDAQ:ROKU) is 2.5% lower to trade at $62.77 this morning, after Wells Fargo downgraded the streaming stock to "under weight" from "equal weight" and trimmed its price target to $51 from $77. The analyst in coverage cited Walmart's (WMT) upcoming acquisition of Vizio (VZO), noting that Walmart is roughly one-third of Roku's Device sales/net adds, and the deal will likely pressure these figures in 2025 and 2026.Roku stock suffered a post-earnings bear gap of 23.8% on Feb. 16. The shares are now 31 ...