Roku (NASDAQ: ROKU ) stock is sliding lower on Thursday after the streaming services shares were downgraded by Citi analyst Jason Bazinet. Bazinet dropped shares of ROKU stock from a “buy” rating
Roku Inc. is poised to drive accelerating revenue growth — but that may not be reason enough to buy its stock.
Analysts downgraded the stock to Neutral from Buy even as they raised their target for the stock price, saying it already reflects faster revenue growth.
A beaten-down ad market and economic headwinds had pushed Roku stock to multi-year lows. Despite the worst economic conditions in over a decade, the company generated slow but steady growth.

Streaming Stock Could Be Short Squeeze Candidate

02:59pm, Wednesday, 02'nd Aug 2023
The last time we covered Roku Inc  (NASDAQ:ROKU) stock, it was drawing attention from options bulls after a new partnership with Shopify (SHOP).

3 Things to Love About Roku's Earnings

09:41am, Wednesday, 02'nd Aug 2023
After watching their shares lose 90% of their value through the start of this year, investors would have been forgiven for writing off Roku Inc NASDAQ: ROKU once and for all. The well-known digital

Roku Stock: Bear vs. Bull

07:25am, Wednesday, 02'nd Aug 2023
Roku crushed Wall Street estimates with its latest financial results. Roku bears point to declining revenue per user and a lack of profits.

Is It Too Late to Buy Roku Stock?

06:40am, Wednesday, 02'nd Aug 2023
Roku shares popped after topping analysts' estimates in its recent earnings report. Advertising demand remains challenged, especially in media and entertainment, its biggest vertical.
Roku has its challenges but continues to attract new users. Etsy owns an important e-commerce niche that should get it past near-term headwinds.
Roku's investments in growth are paying off with customer growth.
Roku's per-user revenue and total streamed hours have become stagnant. The debut of its own branded TV sets didn't spark the growth it had hoped to see.
Roku's stock is surging after management reported double-digit revenue growth and a smaller operating loss. The company is still dealing with a difficult ad market.
Active accounts and usage continue to increase. Roku's innovative monetization efforts could further boost revenue.

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A Look at Cathie Wood's New Buys

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