Avg Daily Volume: 1,974,796 Market Cap: 7.38B Sector: Technology Short Interest: 12.91 |
EARNINGS EXPECTATIONS:
ESTIMATED EPS: -.24/share REV: 191.97/M
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LAST QTR: EPS: .05/share ESTIMATED: .03 /share (BEAT)
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NEXT QTR: EPS: -.22/share REV: 220/M
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FY19: EPS: -.68/share REV: 1,020/M
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*These are the base metrics we will be watching against the actual release numbers
BEAT/MISS HISTORY: 80% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (3 QTRS %) : 26.1, -22.49, 22.64
POTENTIAL JUMP MOVE: 20%
Links To Latest News and Headlines
SAN JOSE, Calif., November 30, 2023–Today, Roku, Inc. (NASDAQ: ROKU), the #1 TV streaming platform in the U.S.*, announced two all-new destinations on the Roku Home Screen: All Things Food and All Things Home, bringing together the best food, home, and lifestyle content from across the platform into powerful and cohesive discovery experiences. With simple navigation and personalized recommendations, these unique hubs make it easier to explore and watch genre entertainment from all your favorite
Ark Invest’s Cathie Wood has established herself as one of the foremost growth-stock investors. Wood famously predicted Tesla would hit $3,000 per share (split-adjusted) back in 2018, which it did, and shares of her flagship Ark Innovation ETF (NYSEMKT: ARKK) doubled in 2020 as growth stocks and tech stocks rallied during the early stages of the pandemic. While her funds have fallen over the last two years in the broader stock market sell-off, Wood’s moves are still closely watched by many investors.
Roku (NASDAQ:ROKU), the market-leading TV operating system provider in the U.S., has seen its stock rise by a staggering 163% this year, aided by the improving sentiment toward tech stocks. The company seems well-positioned for profitable long-term growth. Still, investors will have to be wary of Roku’s valuation, which seems to accurately reflect the company’s growth potential. I am neutral on Roku stock based on valuation concerns, but I believe it’s an attractive bet for long-term investors a
Toast (NYSE: TOST), Roku (NASDAQ: ROKU), and Bumble (NASDAQ: BMBL) are three companies that tried to breathe new life into established markets that were growing stale. You probably don’t have to try too hard to think of the last time that you settled up your restaurant bill by interacting with a Toast point-of-sale reader. Toast is gaining market share, and that’s not changing anytime soon.
Needham analysts downgrade EV maker Lucid (LCID) over weak demand for the brand’s electric vehicles. Roku, Inc. (ROKU) shares close over 8% higher on Monday after Cannonball Research upgraded the stock to “Buy” on its 2024 outlook. Yahoo Finance takes a look at these stocks after Monday’s closing bell. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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