Shares of Roku (ROKU 1.60%) sank over 10% this week, according to data from S&P Global Market Intelligence. The TV streaming platform continued to fall despite broad market gains after Walmart inched closer to buying competitor Vizio Holding (VZIO 0.05%). It doesn't help that Roku just posted poor earnings for the fourth quarter of 2023, either.As of this writing, shares of Roku are off 87% from all-time highs and are currently under $65. At one point in 2021, Roku stock was above $400.Walmart's troubling p ...

The stock has had its ups and downs in the past year, but Roku's (ROKU -0.95%) trajectory has mainly been in just one direction lately. Shares are down a brutal 80% since setting their pandemic highs in early 2021 and have declined over 20% following the streaming video specialist's Q4 earnings update in early February. Industry peer Netflix (NFLX 2.64%), on the other hand, is beating the market in the past year, suggesting there are weaknesses in Roku's business approach or in its engagement trends.Decline ...

Retail giant Walmart (WMT 0.98%) just announced it will purchase smart TV maker Vizio (NYSE: VZIO) for $2.3 billion. Admittedly, the deal may spook investors in Roku (ROKU -0.95%), which leads the smart TV ads and TV operating system markets, according to market research firm Pixalate. Indeed, Roku stock fell nearly 7% on the day following this announcement.Vizio should benefit from Walmart's vast resources, allowing it to improve its television and ad platforms. However, Roku has managed to compete against ...

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Key PointsShares of Roku have once again given up vast portions of recent gains, but this is becoming normal for them. The upside potential remains enormous, with fresh analyst price targets calling for 90%. It’s hard to buy into a stock that’s dropping while others are falling, but that’s what the biggest opportunities can look like.5 stocks we like better than RokuThe 30% drop from their pre-earnings share price should tell you everything you need to know about Roku, Inc.’s NASDAQ: ROKU earnings report. T ...

Roku (ROKU) has been on a downward spiral lately with significant selling pressure. After declining 26.1% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is overs ...

It's been a rough few trading days for streaming TV company Roku (ROKU -6.60%). The growth stock has been hammered since last week's earnings report, declining about 30%. This is a big setback to what started to look like a recovery in its stock price last year when shares rose 125%. A rough start to 2024 means the stock is still floundering at levels far below where it traded in years past; shares are down 85% over the last three years.So, what gives? Why are investors moving on from this beaten-down tech ...

There's a timeline in which Roku (ROKU -6.38%) is a winner. The smart TV pioneer is up 77% since the end of 2022. Rattle the perspective and everything changes.Zoom in: Roku shares tumbled 24% on Friday after posting poorly received fourth-quarter results. Zoom out: The stock has plummeted 85% since peaking three summers ago.There are plenty of starting lines that have kicked off a long way down for Roku shareholders. The stock and its investors deserve better. Creating a long-term story with a happy ending ...

Roku (NASDAQ:ROKU) stock is falling on Tuesday as investors in the TV streaming platform company react to news of Walmart (NYSE:WMT) buying smart TV maker Vizio (NYSE:VZIO)Walmart is going to acquire Vizio for $2.3 billion in cash to fuel its planned expansion into the smart TV advertising space. That will have it directly competing against Roku and has the company’s shareholders worried.Walmart is a much larger business than Roku. The acquisition also gives it access to smart TVs made by Vizio. This increa ...

Walmart has agreed to pay $2.3 billion to acquire smart television maker Vizio — a move to bolster the retailer’s burgeoning advertising business as it takes on rival Amazon.The deal, however, is seen as bad news for Roku, according to analysts. Roku, which also sells smart TVs and streaming devices, has an exclusive deal with Walmart to sell products fulfilled by Walmart on Roku devices.Shares of Roku were down by nearly 7% at the start of Tuesday’s trading session on Wall Street.The nation’s largest retai ...