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Roku (NASDAQ: ROKU) stock dropped 18% in 2024 according to data provided by S&P Global Market Intelligence. Roku is the top U.S. streaming platform. More people buy and use its streaming devices ...
Why did Roku's stock crash despite strong earnings? Flimsy reasons behind the price drop could amount to a buying opportunity.
Analysts aren't exactly on board en masse either. The majority of them only consider Roku stock a hold, while their consensus price target of $83.13 is merely about 8% above the stock's present price.
Roku (NASDAQ:ROKU) hit a 52-week high of $490.76 on Jul. 27. However, four months later, ROKU stock is down over 50% from that number and trading at its lowest point since this time last year.
After trading above $470 per share back in 2021, Roku (NASDAQ: ROKU) stock eventually lost over 90% of its value, and it has continued to struggle to reignite investor enthusiasm. And things got ...
As of 11:30 a.m. ET, Roku stock was up by 10.5%. Likely in response, Walmart decided to acquire Roku rival Vizio, a deal that closed Tuesday. Here's Why Roku Stock Unexpectedly Jumped Today
In the third quarter, Roku reported net revenue of $1.1 billion, up 16% year over year, with a net loss of $65 million, or $0.06 a share. That quarterly net loss was significantly narrower than ...
Today, Roku stock trades at a market cap of $9 billion, which is a five-year forward price-to-earnings ratio (P/E) of 15. While cheap, it is not that much lower than the long-term market average.
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