The Latest Breaking News from Roku Inc

Shares of several gaming, streaming and social media companies, including Roku Inc (NASDAQ: ROKU), are trading lower amid overall market weakness as stocks continue to fall amid concerns over the potential economic impacts of Fed rate hikes and the Russia-Ukraine conflict.

The stocks picked by investor Cathie Wood are considered attractive investments due to their high long-term growth potential. The content-streaming industry has grown rapidly over the past two years, driven by strong consumer demand amid pandemic-induced remote lifestyles. Since this trend is expected to continue in 2022, Wall Street analysts…

Shares of streaming, gaming and social media names, including Meta Platforms Inc (NASDAQ: FB), Netflix Inc (NASDAQ: NFLX), Roku Inc (NASDAQ:

DA Davidson analyst Tom Forte kept his Buy rating and $200 price target on Roku Inc (NASDAQ:ROKU). The price target implied an upside of 59.3%. Forte recently held talks with Conrad Grodd, the company's VP of Investor Relations.  Forte saw that Roku's adverting efforts were "modestly positively" impacted by Apple Inc's (NASDAQ:AAPL) focus on privacy, while the…

Shares of streaming, gaming and social media companies, including Pinterest Inc (NYSE: PINS), Roku Inc (NASDAQ: ROKU) and Snap Inc (NYSE:

FuboTV Inc (NYSE: FUBO) shares are trading lower by 26.1% at $106.90 in sympathy with Roku Inc (NASDAQ: ROKU), which reported worse-than-expected fourth-quarter sales results and issued first-quarter&n

Roku Inc (NASDAQ: ROKU) shares are trading lower by 22.9% at $111.60 Friday morning after the company reported worse-than-expected fourth-quarter sales results and issued first-quarter net sales guidance below estimates.

Analysts slashed their price targets on Roku Inc (NASDAQ:ROKU) post Q4 results. Pivotal Research analyst Jeffrey Wlodarczak downgraded to Sell from Hold with a PT of $95, down from $350 (34.4% downside).  The company reported an "overall mixed" Q4 as it issued a lower than forecast 2022 revenue outlook and decided to "massively ramp" operating expenses,…

Streaming platform company Roku Inc (NASDAQ: ROKU) reported fourth quarter and full fiscal year financial results after market close Thursday.