Company Performance - Roku's stock closed at $60.22, reflecting a +1.6% change from the previous day, but underperformed compared to the S&P 500's gain of 1.81% [1] - Over the past month, Roku shares have decreased by 12.36%, while the Consumer Discretionary sector and the S&P 500 have lost 7.73% and 6.14%, respectively [1] Earnings Forecast - Roku is expected to report an EPS of -$0.27, which indicates a 22.86% improvement from the same quarter last year [2] - Revenue is projected to be $1 billion, representing a 13.98% increase compared to the year-ago quarter [2] Full Year Estimates - For the full year, analysts anticipate an EPS of -$0.26 and revenue of $4.59 billion, marking changes of +70.79% and +11.52% from the previous year [3] Analyst Estimates - Recent changes in analyst estimates for Roku are important as they reflect short-term business trends, with positive revisions indicating a favorable business outlook [4] - The Zacks Rank system, which incorporates these estimate changes, currently ranks Roku as 2 (Buy) [6] Industry Context - Roku operates within the Broadcast Radio and Television industry, which is part of the Consumer Discretionary sector and holds a Zacks Industry Rank of 61, placing it in the top 25% of over 250 industries [7]

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about Roku (ROKU) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Roku currently has an average brokerage recommendation (ABR) of 1.7 ...

Roku (ROKU) has been on a downward spiral lately with significant selling pressure. After declining 20.9% 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.How to Determine if a Stock is OversoldWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is o ...

Investors seemed to be tuning out Roku (ROKU -8.15%) stock in recent trading days. According to data compiled by S&P Global Market Intelligence, they pushed the specialty consumer electronics company's shares down by just under 18% week to date as of Friday morning. An analyst's deep price target cut played quite a role in this.Tariff and macroeconomic woesOn Wednesday, Jason Bazinet of influential bank Citigroup made quite a significant change to his fair value assessment of Roku.Bazinet now believes the s ...

In a number of ways, Roku (ROKU -5.48%) has the makings of a market-beating growth stock. The company is the leading streaming distribution platform in North America. When viewers in the U.S., Mexico, and Canada tune in to watch Netflix or another streaming service, they are more likely to use a Roku- enabled device than any other. This shows that the company has defended its market share against competition from big tech companies like Amazon, Alphabet, and Apple. Roku's stock popped after its last earning ...

On Friday, JP Morgan analyst Brent Navon maintained a Buy rating on Roku ROKU with a price target of $100.Roku is a leading video streaming platform company that provides access to a wide array of content via its hardware devices and operating software.Over the last decade, the media and entertainment industry has undergone a significant secular shift toward streaming.Also Read: Roku Has ‘War Time’ CEO? Analyst Says Yes And Sees More New Positives For The CompanyRoku has been at the forefront of this by ena ...

Is Roku's bearish valuation missing the bigger picture? Check out how this undervalued streaming stock could be poised for a comeback.The future is always in flux. No one saw the COVID-19 pandemic coming. Razor-thin election wins can make a huge difference to politics and economics. Consumer tastes can shift much faster (or slower!) than anticipated. And nobody expects the Spanish Inquisition.So it's not easy to set realistic long-term targets. Surprising events can come along and spoil the best-laid plans. ...

Needham analyst Laura Martin reiterated a Buy rating on the shares of Hooker Furnishings Corp HOFT with a price forecast of $120.00.Roku has three revenue streams: hardware, advertising, and subscription revenue shares, said the analyst.Subscription revenue shares are considered a key growth driver for Roku’s revenue and valuation in the next two years. The analyst estimated that revenue shares from SVOD streaming services accounted for 48% of Roku’s total reported Platform Segment revenues in 2024.Subscrip ...

Roku’s (ROKU) shares have risen 5.8% in the past six months compared with the Zacks Consumer Discretionary sector’s growth of 5.3%. The stock has been riding on ROKU’s leading position as a TV streaming platform provider in the United States, Canada and Mexico based on hours streamed. It benefits from growth in advertising, driven by monetized video ad impressions on the increasing popularity of its platform. Moreover, while already dominant in North America, the company is methodically expanding its footpr ...

Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. Roku (ROKU) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Discretionary sector should help us answer this question.Roku is a member of our Consumer Discretionary group, which includes 268 di ...