Roku Inc (ROKU)

[powercrush86]

downbeat earnings but great growth there is no doubt about that and the p/e is still high for this market. Oh well Glad i'm in for 10 years down the road still have a cost basis half of this and that's after selling half my shares a while back. Going to add more in morning

[powercrush86]

i have to laugh at higher rates we actually need them and historically the stock market has done ok with rate hikes going back to the 30s. Everyone is freaking out about them but unless you enjoy ridiculous housing , food car prices then you wouldn't want them to go up. Inflation and wage gains are running to hott

[eastunder]

ROKU Earnings 2-17 after close

And that chart is looking a bit better.

[powercrush86]

anybody still here ? This has been way overdone Growth this growth that blaa blaa this company is going places

[powercrush86]

yep. And not to inject politics but this administration brings NO confidence they will do anything to improve the economy / inflation

[eastunder]

And yet - it continues.

[powercrush86]

another way oversold stock here

[eastunder]

Deutsche Bank Adjusts Roku Price Target to $300 From $400, Maintains Buy Rating
9:27 AM ET, 01/20/2022 - MT Newswires

09:27 AM EST, 01/20/2022 (MT Newswires) -- Roku (ROKU) has an average rating of Outperform and price targets ranging from $136 to $550, according to analysts polled by Capital IQ.

(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)

Price: 169.83, Change: +3.34, Percent Change: +2.01

[eastunder]

LOLOLOL! Right?

And it's in print, which is a HOOT!

[Leezee Life Strategies]

Bahaha omg shut that whole firm down

[rynlrt]

Never thought I'd see roku this low again

[eastunder]

KeyBanc Adjusts Roku's Price Target to $325 from $430, Keeps Overweight Rating

12:23 PM ET, 01/11/2022 - MT Newswires

12:23 PM EST, 01/11/2022 (MT Newswires) -- Roku (ROKU) has an average rating of outperform and price targets ranging from $136 to $550, according to analysts polled by Capital IQ.

[eastunder]

Yikes!! A wasted lunch break!

Good luck with ROKU if and when you decide to test the waters!

[EarlyInvestor10]

Ahhh, ok. Thanks for the explanation. I went digging on my lunch break to find the ticker. No wonder I couldn't. Your comedy is fine and I thank you for the explanation. Not too quick on the trigger over here. Thanks for the humor. I agree. I don't think it drops that low with covid rates rising again but,... if it does I'm sure they'll have no shortage of buyers.

[eastunder]

I'm sorry Early. I wasn't giving you a comparison stock. I was making a joke about the company that recently downgraded ROKU.

Atlantic Equities analyst Hamilton Faber initiated coverage of Roku Inc at 136, which I posted - and then you said you would buy it at 130 and then I said "You can bet Atlantic Equities will as well. ;)"

I was making a joke that the company that downgraded ROKU (Atlantic equities) at 216.00 would find their erroneous target price super attractive IF it ever hit it. Dropping to 136.00 is a big drop.

(I shouldn't quit my day job for a new job in comedy, should I? ;)

Also I would never give stock suggestions. I like to sleep at night.

[EarlyInvestor10]

How do they compare to ROKU & what do you like about them that bests ROKU a ROI? tia

[eastunder]

You can bet Atlantic Equities will as well. ;)

[EarlyInvestor10]

I don't own. But if ROKU falls to $130's, I'll buy!

Anyone following up-&-comers, streaming, gaming or otherwise?

Looking for a bit more risk, & reward!

[eastunder]

Atlantic Equities analyst Hamilton Faber initiated coverage of Roku Inc
ROKU

https://www.benzinga.com/analyst-ratings/analyst-color/22/01/24902336/atlantic-equities-sees-considerable-downside-in-roku-read-why

with an Underweight rating and a $136 price target. The price target implies a 39% downside.

The U.S. has led the company's growth through the provision of the company's operating system to tier two and three TV manufacturers, Faber tells investors in a research note.

However, the analyst sees this growth slowing as he does not expect the largest TV makers to outsource to Roku.

In addition, the company's progress in international markets has been slow and will compensate for the U.S. slowdown, contends Faber.
Roku pioneered streaming to the TV. It connects users to the streaming content they love, enables content publishers to build and monetize large audiences, and provides advertisers with unique capabilities to engage consumers.

Price Action: ROKU shares traded lower by 4.19% at $213.50 premarket on the last check Wednesday.

[WebSlinger]

"the concerns about Roku (ROKU) infringing on patents used by older versions of the Roku Ultra and Soundbar products appear overblown, as the company's vice president of investor relations told Bhattacharya the company has instituted a workaround. The U.S. International Trade Commission told Roku that that the revised products don't infringe on the patent and there should not be any financial impact or disruption on imported products starting January 9."

[deet49]

When you factor in Damages and Punitive Damages ...

in all honesty they might as well make a legitimate buy out offer of UEIC and they can rebrand the whole thing Rok-Universal smart home ROKU needs to expand on the one trick albeit it has been executed well to date ( they cannot afford disruption not with all the highly aggressive completion ) this would provide an excellent opportunity for expansion and diversification to compliment what's already been accomplished ....

UEIC vs ROKU
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167145249
ROKU LOST

Anthony J. Wood the founder, chairman, and CEO of Roku, Inc.
holds smallest position in Roku and only ever sells shares what does that say about his conviction ....

Cathy woods of the ARKK is smart she has made alot of great calls but I thinks she is in deep (OPM) and Anthony has duped even the best not to say ROKU can't come out of the other side but in the short and medium term they have not addressed the headwinds by no means also SITOMoblie is seeking compensation as well

[eastunder]

Roku Slips After Universal Electronics Claims Win in Patent Case
Wed, December 15, 2021, 3:17 AM·1 min read

https://finance.yahoo.com/news/roku-slips-universal-electronics-claims-101758999.html


By Dhirendra Tripathi

Investing.com – Roku stock (NASDAQ:ROKU) plunged 8% Wednesday after Universal Electronics claimed victory in a patent infringement case it was pursuing against the maker of remotes and streaming devices.

Universal Electronics shares (NASDAQ:UEIC) rose 5%.

According to Universal, the United States International Trade Commission has banned Roku from importing infringing “televisions, set top boxes, remote control devices, streaming devices and sound bars.”

Roku is allowed to import items provided they don’t infringe on Universal’s patents, according to the order. Universal makes remotes compatible with a range of electronics.

The order, issued Dec. 3, will become final on Jan. 9. Until then, President Joe Biden has time to review the order and even overturn it.

The ITC hears disputes about imported goods that infringe on U.S. patents or imports that hurt the domestic industry because of unfair trade practices in the exporting country.

Universal filed the complaint last year against Roku and TV-makers TCL and Hisense at the ITC for infringing several patents. The case was later narrowed to include only Roku.

Universal is also pursuing cases against Roku in the district court in central California.

[WebSlinger]

Barrons.com
12/16/21 06:31

ARK Innovation ETF bought 85,334 shares of Roku (ROKU), the maker of streaming devices, and the ARK Next Generation Internet ETF bought 19,155 shares.

[deet49]

“the Commission may affirm, reverse, modify, set aside or
remand for further proceedings, in whole or in part, the initial determination of the administrative
law judge.”


CONCLUSION

For the reasons set forth herein and in the ID, the Commission determines that UEI has established a violation of Section 337 by Roku with respect to claims 1, 3, 11, and 13-15 of the '196 patent. The investigation is hereby terminated with a finding of a violation of Section 337. The Commission determines that the appropriate remedy is a limited exclusion order and cease and desist order. The Commission further finds that the public interest does not preclude issuance of a remedy, and it sets a bond of zero (0) percent applicable to imports during the Presidential review period.

By order of the Commission.
Lisa R. Barton
Secretary to the Commission
Issued: December 3, 2021
https://www.uei.com/hubfs/1200-Commn-Op-Public-Roku.pdf

UEIC vs ROKU

says Roku's Joe Hollinger. "On November 10, 2021

I see Sinking Alpha article ....
but I hear crickets from ROKU management
analysis for this very new ruling from the ITC ??

[WebSlinger]

Roku says there's no news here. “There have been no new developments in this case," says Roku's Joe Hollinger. "On November 10, 2021, the ITC’s Final Determination fully absolved Roku from liability in this proceeding by confirming the Administrative Law Judge’s Initial Determination findings that two of the three patents asserted by UEI are invalid and that Roku has already successfully implemented technical design changes that eliminate any infringement of the one remaining UEI patent. Based on the ITC’s ruling, we do not anticipate any disruption in Roku’s ability to continue to import products.”

https://seekingalpha.com/news/3780380-universal-electronics-claims-itc-win-over-roku-on-patents

[deet49]

The ITC’s opinion made clear that Roku’s products infringe six different claims of UEI’s U.S. Patent No. 10,593,196 and rejected Roku’s plea to avoid the ITC ban. Referring to UEI’s evidence as "substantial," "impressive" and "dispositive," the Commission issued a limited exclusion order precluding Roku from importing any infringing "televisions, set top boxes, remote control devices, streaming devices and sound bars."

"Importantly, the Commission made clear that Roku would need to certify to Customs, at Customs’ discretion, that the products Roku wants to import are not infringing and therefore not excluded from entry. We do not believe Roku can meet this burden, and beginning January 9, 2022, any of Roku’s infringing products will be subject to exclusion from importation," Mr. Firehammer said.

The Commission’s ban on Roku imports and sales is an important step in the process of preventing Roku from continuing its unlawful use of UEI technology. Even now, we believe that Roku continues to infringe the very patent it was found to infringe despite its attempts to ‘design around’ its infringement with recent software updates. These updates coincide with degraded Roku product performance, as evidenced by recent media reports and consumer outcry. We look forward to working with U.S. Customs and Border Protection to ensure the Commission’s orders banning imports of infringing Roku products are appropriately enforced. UEI will continue to take all actions necessary to put an end to Roku’s unlawful activities."

https://www.uei.com/hubfs/1200-Commn-Op-Public-Roku.pdf UEIC

I read the whole thing inside out several times does not read well for defendant if you can provide more clarity or insight please do explain ty

I Am Not A Happy Camper...

[WebSlinger]

<< how much cash will bleed from ROKU for settlement of UEIC patent infringement $1- $2 $5B ?? and class action that is almost certain to manifest >>

No cash "will bleed". The issue had to do with old remotes (that are no longer sold). The new remotes don't have that issue. The issue is insignificant and is only being "pumped" by shorters (to try and drag the price down).

[deet49]

Class Action Filings? what did CEO Woods Know? and when did he know it?

how much cash will bleed from ROKU for settlement of UEIC patent infringement $1- $2 $5B ?? and class action that is almost certain to manifest

I will say again love the product but the stock and stock performance that a whole other ball of wax ... Truly Disappointed Anthony I really believed I did ...

CEO only ever sold shares he owns very little ??
he knew he was infringing patents that the ITC just confirmed what did he know when did he know it I predict his departure before getting canned !

[trendzone]

Down graded as high risk even at these levels.

[WebSlinger]

<< ROKU without the O/S is DEAD the only way to survive this is to either merge with UEIC or Buy UEIC out right maybe 2-5B >>

Today's news has nothing to do with the O/S.

It had to do with old remotes. As such, it is rather insignificant (although it provided an opportunity for shorts to make some money).

"An ITC judge found in July that some older remotes infringe a patent used to control devices using Wi-Fi, HDMI and Bluetooth, though that was revised out of Roku remotes."

https://seekingalpha.com/news/3780380-universal-electronics-claims-itc-win-over-roku-on-patents

[deet49]

ROKU without the O/S is DEAD the only way to survive this is to either merge with UEIC or Buy UEIC out right maybe 2-5B

ROKU as a stand alone app will not fair well IMO!

VERY DISAPOINTED Roku always wondered why CEO never had or build his ownership in Roku he's always been a seller

I own and Love the ROKU product but as a stock their success squarely relies on the O/S

[Joecanada13]

Bad news

[eastunder]

International Trade Commission Bans Import and Sale of Roku Products
12/15/2021 | 08:33am EST

https://www.marketscreener.com/quote/stock/UNIVERSAL-ELECTRONICS-INC-11220/news/International-Trade-Commission-Bans-Import-and-Sale-of-Roku-Products-37330997/

Ruling Covers Roku Streaming Devices, Soundbars and Other Products Infringing UEI Patent

Universal Electronics Inc. (“UEI”) (NASDAQ: UEIC), the global leader in wireless universal control solutions for home entertainment and smart home devices, today announced that the United States International Trade Commission (“ITC” or the “Commission”) publicly issued its favorable final determination in UEI’s patent infringement case against Roku, Inc. (“Roku”), concluding several Roku products infringe a UEI patent and barring the importation and sale of those products. The orders will become final on January 9, 2022, following the expiration of a Presidential review period.

“We brought this action to protect our highly innovative intellectual property from unauthorized use by Roku, and we are gratified that the ITC recognized Roku’s infringement and ordered it halted,” said Richard A. Firehammer, Jr. UEI’s SVP & General Counsel. “Now that the full Commission opinion is publicly available, UEI’s clear and decisive victory is plain for all to see. The Commission’s ban on Roku imports and sales is an important step in the process of preventing Roku from continuing its unlawful use of UEI technology. Even now, we believe that Roku continues to infringe the very patent it was found to infringe despite its attempts to ‘design around’ its infringement with recent software updates. These updates coincide with degraded Roku product performance, as evidenced by recent media reports and consumer outcry. We look forward to working with U.S. Customs and Border Protection to ensure the Commission’s orders banning imports of infringing Roku products are appropriately enforced. UEI will continue to take all actions necessary to put an end to Roku’s unlawful activities.”

The ITC’s opinion made clear that Roku’s products infringe six different claims of UEI’s U.S. Patent No. 10,593,196 and rejected Roku’s plea to avoid the ITC ban. Referring to UEI’s evidence as “substantial,” “impressive” and “dispositive,” the Commission issued a limited exclusion order precluding Roku from importing any infringing “televisions, set top boxes, remote control devices, streaming devices and sound bars.”

“Importantly, the Commission made clear that Roku would need to certify to Customs, at Customs’ discretion, that the products Roku wants to import are not infringing and therefore not excluded from entry. We do not believe Roku can meet this burden, and beginning January 9, 2022, any of Roku’s infringing products will be subject to exclusion from importation,” Mr. Firehammer said.

A copy of the ITC’s Final Determination is available in its entirety here. UEI also brought patent infringement cases against Roku in U.S. District Court for the District of Central California. Those cases (Case Nos.: 8:18-cv-01580 and 8-20-cv-00701) allege infringement of fourteen UEI patents across both cases and are currently stayed pending the final resolution of Roku’s Inter Partes Review (IPR) challenges filed against UEI’s patents and pending final resolution of the ITC investigation, including any appeals of the IPRs and of the ITC investigation. In the District Court cases, UEI contends that Roku began copying UEI’s intellectual property without permission or payment after engaging with UEI and gaining access to details related to UEI’s proprietary technology under a confidentiality agreement entered into years ago.

The world’s leading consumer electronic brands and entertainment service operators license UEI’s portfolio of QuickSet cloud, software and solutions technology. QuickSet Cloud is built on UEI’s comprehensive device knowledge base and enables automated device discovery, setup and control of home entertainment and smart home devices and services. UEI holds more than 600 issued or pending U.S. patents.

About Universal Electronics Inc.

Founded in 1986, Universal Electronics Inc. (NASDAQ: UEIC) is the global leader in wireless universal control solutions for home entertainment and smart home devices. We design, develop, manufacture, ship and support control and sensor technology solutions and a broad line of universal control systems, audio video accessories, and intelligent wireless security and smart home products. Our products and solutions are used by the world's leading brands in the video services, consumer electronics, security, home automation, climate control and home appliance markets. For more information, visit www.uei.com.

This press release contains "forward-looking statements" within the meaning of federal securities laws, including statements regarding the ITC complaint, the litigation in the Central District of California, and the timing and outcome of those proceedings and the enforcement actions associated therewith. Such forward-looking statements are based on expectations, estimates and projections about these matters, and certain assumptions made by management and involve known and unknown risks, uncertainties and other unknown factors that could cause the actual results of the Company to be materially different from any future results expressed or implied by such forward-looking statements, including but not limited to (1) the outcome of any legal proceedings and enforcement actions in connection with the litigation matters discussed in this release; (2) the ability to capitalize on the Company’s patent portfolio and generate licensing fees and revenues, generally and with respect to the patents at issue in the litigation matters discussed in this release; (3) the ability of the Company to settle the litigation matters discussed in this release on acceptable terms; (4) potential challenges to the validity of the Company’s patents underlying its licensing opportunities and the litigation matters discussed in this release; and (5) the ability of the Company to achieve widespread adoption of the Company’s QuickSet Technology. Any of these factors could cause actual results to differ materially from the expectations we express or imply in this press release. We make these forward-looking statements as of December 15, 2021. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

[letj21]

I love analysts. Easiest job in the world. Stock is going up? Upgrade it. Stock going down? Downgrade it.

[Tracker241]

You mean 180$?

[Joecanada13]

Trying to establish a bottom today me thinks

[powercrush86]

ouch the entire tech market has been bleeding down and down when will it stop? Lets go brandon

[budgetthis]

Excellent…….thanks for posting !

Go ROKU

[WebSlinger]

LOS ANGELES, Nov. 19, 2021 (GLOBE NEWSWIRE) -- In an interview with Capital Market Laboratories (CMLviz), Chief Financial Officer of Roku Steve Louden had clear messages:

1. With regard to Apple, Amazon, and Google: “They all are optimizing their mobile ecosystem, not the TV ecosystem. And as a result, it's still cheaper to build a Roku TV because we have the only purpose-built operating system for TV.”

2. The company sees more advertising dollars coming over to Roku from traditional TV.

3. Further, the company is seeing its total addressable market expand.

There is increasing evidence that digital first advertisers are moving over to Roku as well. These advertisers, that have been focused on performance-oriented marketing as well as social media spend, including small/medium sized businesses, are moving over to Roku and they’re leveraging its One View platform. That type of performance-oriented spend on the OneView platform nearly tripled for the quarter.

In a far-ranging interview with the CFO, we discussed the future of the business and streaming video.

[powercrush86]

investors are too short sighted here that was not a bad report at all. Earnings are up big

[butoft]

What’s with the dip in the after hours trading? The Google dispute?

[deet49]

https://blackfriday.com/ads/pre-black-friday/walmart



ROKU NFLX WKEY VERI SNOW PATH WISH SNAP COIN ARKK MARA RIOT BTC

[adair1813]

What's your point?

[BottomBounce]

$ROKU Has $463.26M in debt

[trades2win]

Me also it’s been my long term holdings , so any dip I buy it

[skydog526]

I like $280 that's where I'm headed.

[Tom turtles]

Let's Goooooo !

[skydog526]

In my experience with Amazon fire stick absolutely sucks. It's slow AF and takes forever to load I have not had any issues with even my old arse original ROKU that is fast as lightning. So then I want a new 4k ROKU and not a new fire stick ive got a bunch of sticks and they all suck except for my ROKU rocks.

[deet49]

https://channelstore.roku.com/browse/games

[trades2win]

Over sold here buying this dip