Roku stock news

Here are some recent news articles and updates about Roku, Inc. (NASDAQ: ROKU):

Recent News

  1. Roku Reports Strong Q4 Earnings: Roku reported its Q4 2022 earnings on February 22, 2023, beating analyst expectations. The company's revenue grew 21% year-over-year to $764.4 million, and its net loss narrowed to $15.9 million. (Source: The Motley Fool)
  2. Roku Partners with Samsung to Integrate Streaming Service: Roku announced a partnership with Samsung to integrate its streaming service into Samsung's smart TVs. The partnership will allow Samsung TV owners to access Roku's streaming content without the need for a separate Roku device. (Source: CNET)
  3. Roku Launches New Streaming Stick+: Roku launched a new streaming stick+, which offers improved performance and a lower price point than its previous models. The new stick+ is available for pre-order and will start shipping on March 15, 2023. (Source: Roku Blog)

Analyst Estimates

  1. Roku's Revenue Growth Expected to Continue: Analysts at Piper Sandler expect Roku's revenue to grow 25% year-over-year in 2023, driven by the company's expanding streaming service and partnerships with major TV manufacturers. (Source: Seeking Alpha)
  2. Roku's Earnings Per Share (EPS) Expected to Increase: Analysts at Deutsche Bank expect Roku's EPS to increase 15% year-over-year in 2023, driven by the company's growing revenue and improving operating margins. (Source: Yahoo Finance)

Stock Performance

  1. Roku's Stock Price Has Been Volatile: Roku's stock price has been volatile in recent months, ranging from a low of around $40 to a high of over $60. The stock has been affected by various factors, including the company's earnings reports and broader market trends. (Source: Yahoo Finance)
  2. Roku's Market Capitalization: Roku's market capitalization is currently around $15 billion, making it a mid-cap company in the technology sector. (Source: MarketWatch)

Industry Trends

  1. Streaming Services Continue to Grow: The streaming services market continues to grow rapidly, with more consumers cutting the cord and switching to streaming services. Roku is well-positioned to benefit from this trend, with its streaming service and partnerships with major TV manufacturers. (Source: eMarketer)
  2. Competition in the Streaming Services Market: The streaming services market is highly competitive, with major players such as Netflix, Amazon Prime Video, and Disney+. Roku faces competition from these players, as well as from other streaming services and devices. (Source: Variety)

I hope this information is helpful!