Shares of connected-TV platform company Roku (ROKU -8.76%) were trending down along with the S&P 500 until about 3 p.m. ET when Roku stock suddenly sank. This market move coincides with a report from The Wall Street Journal that says that retail giant Walmart (WMT -0.68%) wants to buy smart TV maker Vizio (VZIO 24.68%).As of 3:40 p.m. ET, Roku stock was down 10%. For its part, Vizio stock was up 27%, whereas Walmart stock was relatively unchanged.Why do Roku investors care?Vizio's business is quite similar ...

We are in the thick of earnings season, and Roku (ROKU 3.13%) is one of the hundreds of widely followed companies delivering quarterly updates this week. The company behind North America's leading TV streaming operating system will report its fourth-quarter results after Thursday's market close. A lot will be riding on its performance.Roku shares have soared 60% since the company delivered blowout third-quarter results three months ago. All of those gains -- and then some -- came in November with the stock' ...

Bloomberg/Bloomberg via Getty Images Thesis The traditional TV industry is dominated by few companies like Comcast, Disney and Paramount that own the entire value chain, from production to distribution to exhibition. These media giants control a large share of the traditional media market and their vertically integrated business models gives them a huge competitive advantage over their smaller rivals. However, the digital media landscape is very different and these traditional media giants are facing se ...

Some might say that the buying window for Roku (ROKU 1.16%) stock is closing. Shares of the media-streaming technology pioneer have gained roughly 70% in less than four months. By comparison, the S&P 500 (^GSPC 0.57%) index gained 20% over the same period. Wall Street analysts aren't excited about this stock, and the average price target sits 7% below Roku's current price. And the company isn't even profitable, so how high can that stock chart go anyway?Despite these perfectly reasonable misgivings, I still ...

Depending on your attitude, Roku (ROKU 1.16%) could seem like anything from a screaming buy to a risky, overvalued stock right now. The streaming video giant is attempting to build a profitable business using a model that combines hardware sales and TV content and relies on advertising revenue to power earnings. It remains to be seen whether this novel approach will allow Roku to monetize its large and growing audience in the coming years.The stock's volatility in recent quarters reflects Wall Street's doub ...

Roku (ROKU 1.08%) stock has taken investors on a wild ride over the past year, but lately the movement has been all positive. Shares jumped over 60% in the three months that ended in late January, beating a 17% gain in the wider market.Wall Street is excited by the prospect that Roku will return to profitability in 2024 and that sales growth will keep accelerating thanks to rising advertising demand in the streaming TV space.Yet you might be right to hesitate on Roku shares following its huge rally in the p ...

Roku (ROKU) closed at $94.49 in the latest trading session, marking a +1.08% move from the prior day. The stock outperformed the S&P 500, which registered a daily gain of 0.82%. On the other hand, the Dow registered a gain of 0.41%, and the technology-centric Nasdaq increased by 0.95%.Shares of the video streaming company have appreciated by 2.05% over the course of the past month, underperforming the Consumer Discretionary sector's gain of 3.13% and the S&P 500's gain of 5.59%.Market participants will be c ...

Cathie Wood is the chief investment officer at Ark Invest, an asset management company focused on disruptive innovation. The company manages several thematic exchange-traded funds (ETFs) focused on technologies such as streaming media, digital advertising, and mobile applications.Roku (ROKU 6.53%) is the fourth largest holding across all of Ark's various funds, and it accounts for 5.6% of the company's invested assets. A valuation model published by Wood and her team posits a bull-case price target of $1,49 ...

POLAND - 2023/11/02: In this photo illustration, a Roku logo is displayed on a smartphone. (Photo ... [+] Illustration by Omar Marques/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesRoku is expected to publish Q4 2023 results around mid-February. While the advertising market has seen headwinds through much of 2023 as marketers held back due to weak consumer spending, we expect Roku to see a recovery over the fourth quarter. We expect revenue to come in at about $970 million ...

In the ever-evolving and increasingly overlapping worlds of streaming media and digital advertising, Roku (ROKU -3.15%) stands out as a beacon of innovation and resilience. Despite facing a struggling ad market, followed by an uneven recovery, the company has demonstrated a remarkable ability to navigate these choppy waters.With the stock down a staggering 81% from its all-time highs in the summer of 2021, the time to act is now. Let me tell you why I see signs of true long-term greatness in Roku's improvin ...