|Bid||38.68 x 1100|
|Ask||38.65 x 1400|
|Day's Range||35.65 - 39.08|
|52 Week Range||15.75 - 58.80|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||36.57|
Citron Research, which began shorting Roku in two months after it went public last fall, said it now expects the Los Gatos company's stock will rise and that Netflix may acquire it.
(Note:The author of this fundamental analysis is a financial writer and portfolio manager.) Roku Inc.'s ( ROKU) stock has been battered in 2018 with shares down by 33% since peaking around $55 back in early January.
Roku Inc. shares are up 4.5% in Friday trading after short sellers at Citron Research said they had changed their stance on Roku and now have a long position in the stock. "Roku is trading at the largest discount ever to over-the-top peers despite being the only OTT pure play that generates ad revenue," wrote the Citron team in a report. "With the recent surge in Netflix Inc. stock, Netflix could look towards advertising to generate new revenue and could easily acquire Roku." Citron initiated a short position in Roku in late November.
Roku Inc (NASDAQ: ROKU ) popped 4.4 percent Friday on a new endorsement from short seller Citron Research . “The OTT movement has become a megatrend that cannot be ignored and the numbers around ROKU have ...
Roku Inc. (ROKU) announced that stockholders at the company’s annual meeting today elected Mai Fyfield to the company’s board of directors, effective immediately. Mai Fyfield has been Chief Strategy Officer and Chief Commercial Officer of Sky Group since 2015 and has served in various roles at Sky since 1999. Fyfield served as a Roku board observer from 2014 until the company's IPO in 2017.
Just last week, I wrote a piece on why the S&P 500 could rally big this summer, and which summer stocks to buy to maximize return in that rally. This combination of historically normal valuation and historically above-normal earnings growth has the S&P 500 trading at a PEG (price-to-earnings/growth) ratio of just 1.
Streaming platform aggregator Roku Inc (NASDAQ:ROKU) has become a battleground stock. On one side of the aisle, there are bulls pounding on the table that this is the next Netflix, Inc. (NASDAQ:NFLX), so buy Roku stock now while you can. On the other side of the aisle, bears are pounding on the table that this is the next Fitbit Inc (NYSE:FIT), and competition from big tech players will eventually send this stock into the single-digit range.
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Los Gatos-based Roku has been subleasing space from Netflix for years, but industry insiders say it is now looking seriously at hundreds of thousands of square feet at a new San Jose development.
The Nasdaq led the way, rising 0.63%, or 47 points to 7,398, while the Dow Jones Industrial Average gained 0.25%, or 63 points to 24,769, while the S&P 500 gained 0.41%, or 11 points to 2,722. took another twist Wednesday after National Amusement and Shari Redstone implemented changes to CBS's charter to require 90% of board members to agree on the scheduling of board meetings. Restone'sportion of voting shares account for more than 76% of all available voting shares, but CBS is attempting to dilute that amount to 17%.
Plenty of users of the streaming players and Roku TVs were unable to watch content on their devices due to an outage that struck for several hours on Tuesday. Roku responded quickly, telling users that it was aware of the outage on a statement on its website. The FBI warning blocked plenty of content on these streaming apps, as the note read that the channels they were attempting to open had been removed “due to repeated claims of copyright infringement.
In celebration of ten years of TV streaming, Roku, Inc. (ROKU) today announced it has unlocked free content for Roku® customers and is offering discounts on select streaming players. This year marks the 10th anniversary of the first Roku player, the first ever device to stream Netflix to the TV. “For 10 years, Roku has facilitated the massive shift in the way people watch TV and we’re extremely proud of the contribution we’re making to streaming entertainment,” said, Matthew Anderson, chief marketing officer, Roku.
After posting giant gains in 2017 and adding to them during the first couple of months of 2018, Nvidia has been in something of a holding pattern, as a tech correction and worries about reduced cryptocurrency mining activity temper continued enthusiasm about the GPU giant's long-term gaming, AI and automotive opportunities. Jim Cramer and the AAP team hold a position in Nvidia for their Action Alerts PLUS Charitable Trust Portfolio.
Roku Inc (NASDAQ: ROKU ) reported first-quarter results Wednesday that signal an acceleration of its longer-term strategy of dominating the video streaming space, according to Needham. The Analyst Needham's ...
Wednesday’s last-minute buyers of Roku Inc (NASDAQ:ROKU) shares still aren’t sure if their decision was the right one. Roku stock gained nearly 9% during regular-hours action. Then, it waffled, albeit with a bullish bias, in after-hours trading following the post-close release of the company’s first quarter numbers.
Yahoo Finance’s Seana Smith takes a look at Monday’s biggest stock movers.
Anthony Wood, Roku CEO, speaks to “Squawk Alley” about the company’s quarterly earnings and his views on how content consumption habits are changing.
Let's check out the Yahoo Finance charts of the day. Visa (V): Shares are up in early trade, around .30%. A report from the Wall Street Journal says that several senior female executives at the credit card company, are expected to tell CEO Alfred Kelly in a meeting today that they aren't being given enough opportunities to advance at the card giant. Roku (ROKU): Shares up here, 2.8%. The provider of streaming video devices saw revenue beat estimates and it gave stronger-than-expected revenue guidance for the current quarter and the full year. Wells Fargo (WFC): Shares up here, around .22%. According to the Wall Street Journal, the bank wrongly pocketed fire and police department pension fund fee rebates. The fees retained amounted to $15,000. For more on today's big stock movers check out the Final Round, live at 3:55 p.m. ET, right here on Yahoo Finance.