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Things are looking up .hope it continues.
Hope it makes a turn Round soon
Looks like it is coming back!
After this last reporting period I'm going to wait for a retrace into a SIGN of REVERSAL. I LOVE this stock & it has done VERY VERY WELL for me. Going to love it more when the weather turns cooler, & as the Fall gives way to Winter!
I suspect they are going to bring in BANKABLE numbers through Q1 & Q2 2023.
I'll be back! This stock will NEVER EVER go off my watch! It has been THAT GOOD to me!
https://www.fool.com/investing/2022/07/29/1-growth-stock-with-850-upside-cathie-wood/
(shared via bit.ly/mystocksapp)
Huge long term buying opportunity.
https://www.fool.com/investing/2022/07/29/what-investors-should-know-about-rokus-dismal-guid/
(shared via bit.ly/mystocksapp)
Lol these crack me up .bla bla we did this but did that never seen before lol in two weeks it will all be forgot about. Roku will be trading around $88 to $128 a share awesome
Roku Blames Q2 Earnings Miss On “Significant Slowdown In TV Advertising Spend” Due To The Broader Economy
By Dade Hayes
https://deadline.com/2022/07/roku-blames-q2-earnings-miss-on-tv-advertising-slowdown-economy-1235080195/
July 28, 2022 1:22pm
Roku delivered second-quarter result well below Wall Street’s expectations, blaming a slowdown in TV advertising amid economic uncertainty.
The streaming giant said it lost 82 cents a share, compared with a profit of 52 cents in the year-earlier period and posted revenue of $764 million, up 18%. Analysts had expected a loss of 68 cents and revenue of $805 million.
Roku stock plunged more than 25% on the news during after-hours trading. It was in the $63 range, a level not seen since early 2019.
During the quarter, the company wrote in a letter to shareholders, “there was a significant slowdown in TV advertising spend due to the macro-economic environment, which pressured our platform revenue growth. Consumers began to moderate discretionary spend, and advertisers significantly curtailed spend in the ad scatter market (TV ads bought during the quarter). We expect these challenges to continue in the near term as economic concerns pressure markets worldwide.”
The number of active accounts ended the quarter on June 30 at 63.1 million, up 14% from a year ago, but once again, the economic climate had a negative impact. “Reduced consumer discretionary spend is pressuring many verticals including TV and player sales,” the shareholder letter said. “Retailers managed through elevated U.S. TV inventory and temporarily lowered TV prices in Q2, which helped soften the decline in TV unit sales in the quarter.”
Despite the gloom and doom pervading the quarter, Roku said it has completed its upfront advertising sales process, exceeding $1 billion for the first time. It launched original programming in 2021 after acquiring programming originally set up at short-lived mobile subscription startup Quibi and has added a number of original titles since. Originals stream on The Roku Channel, a popular hub for tens of thousands of film and TV titles on demand and hundreds of live, linear channels.
Roku had been a charmed company during the coronavirus pandemic. Like many of the subscription streaming apps found in its menu, it thrived as more and more of its customers were forced to stay home and overall streaming viewership boomed. Eventually, not only did people begin circulating more (though Nielsen has indicated streaming continues to gain record share) but a series of macroeconomic issues hit home. Because Roku has licensed its interface to a number of smart-TV makers and now has a presence in more than one-third of all sets in North America, supply-chain snags and inventory problems meant fewer units on store shelves and fewer new streaming customers.
Like other tech stocks, Roku’s has been beaten up this year, but the damage has been particularly sustained. While shares have recovered from recent 52-week lows, they are less than 20% of their high point of $472. Despite the company’s dominant position in streaming, more and more investors have taken skeptical views of the profit model in the sector and some analysts have questioned the company’s ability to stave off much larger rivals like Amazon or Comcast.
During a conference call with reporters, CFO Steve Loudon said the “severity of the pullback in the ad / scatter market was not expected.” But he also said it was “not unlike” downturns in 2020 and other times of disruption.
Well its coming around ur way
I wouldn't call dropping from @$105 .00 to $92.00 holding steady .
bought in at 93. this has been holding steady while nasdaq has been dropping nonstop for over an hour
Yep, I have made sure to keep enough cash for next week to add if it goes lower. Those low 80's, upper 70's could be a thing of the past here idk
There was an open gap at 89.06 from May 27th. That's now filled.
Because we are under the five day, I think, for me, I'll target a Bollie tag for my next add spot and actually buy more if it gifts me a price under 80 or around there. I like the sport in the build of a position. So much more fun than buying all at once!!! But that's just me. If it doesn't do that, I'll target something else. LOL
The bb currently sits @ 79.25 but moves (duh, right? )
Great time to add ROKU
That's just purdy right there. Amazing long hold, no brainer.
Buying Roku in multiple accounts, avg around $80 per share in them. Great long term hold!!!
Thanks hawkshaw……!
Let’s hope for a continuation tomorrow !
That's awesome glad to see you
We only show-up for winners…….lol.
$$ ROKU $$
Where did everyone come from lol .
We rock……
NICE Numbers……doing fine in a crazy economy…..
Go ROKU!
Definitely Crazy!!! As long as it opens above $100 tomorrow, I will be Happy! LOL
that was some crazy whiplash action
this market is insane
they must have attacked stop losses then ran it
ROKU is a Beat! But The price is all over the place?
I do the same on occasion……I’m only long here.
Good luck !!
That is awesome! I do have some $170's just incase they miss. Yes, I am playing both sides, but I want to see them hit it out of the ballpark. The win will more than offset my bet on the opposing side.
Great job, DT !
I have a bunch of $100’s and $110’s…..
They have a good story here, imho…… looks like the market is finally realizing it.
$$ ROKU $$
That would be nice! Bought a few $100 calls for earnings.
Let’s have some big earnings, ROKU, you wild and crazy stock…….
$$ ROKU $$
Going to test the low
KeyBanc Adjusts Roku's Price Target to $150 from $165, Keeps Overweight Rating
8:07 AM ET, 04/11/2022 - MT Newswires
08:07 AM EDT, 04/11/2022 (MT Newswires) -- Roku (ROKU) has an average rating of outperform and price targets ranging from $94 to $325, according to analysts polled by Capital IQ.
if you were day trading you would have made quick 15% not doing that
Im in at 110.00 rebound!!!
What do you guys think? Monday below 100? Or a rebound
wow $ROKU has fallen 4/5s from all time highs...what happened???
Wait to buy below 100
Wait to buy below 100.00
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