Wednesday, January 05, 2022 10:43:58 AM
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.
"Then there was a woman, a lion of a woman."
Recent ROKU News
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 05/10/2024 04:22:53 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/09/2024 11:11:24 PM
- Roku Is the Lead-In to Television • Business Wire • 04/30/2024 09:30:00 PM
- Roku and iSpot Announce Streaming Audience Measurement Partnership • Business Wire • 04/30/2024 01:00:00 PM
- Roku and The Trade Desk Announce New Data-Driven TV Streaming Partnership • Business Wire • 04/30/2024 12:00:00 PM
- Exxon Mobil Net Profit Drops 28% to $8.22 Billion, Atlassian Surprises with Revenue Boost and Co-CEO Exit, and More in Earnings • IH Market News • 04/26/2024 11:47:51 AM
- Roku Releases First Quarter 2024 Financial Results • Business Wire • 04/25/2024 08:05:00 PM
- U.S. Futures Drop in Pre-Market Trading as Tech Stocks Plunge After Meta Issues Gloomy Forecast • IH Market News • 04/25/2024 11:53:54 AM
- Samsung Surpasses Apple in Q1 Smartphone Market; Salesforce in Talks to Acquire Informatica, and More News • IH Market News • 04/15/2024 11:06:48 AM
- Roku to Announce First Quarter 2024 Financial Results on April 25, 2024 • Business Wire • 04/11/2024 08:05:00 PM
- Your TV Just Got Better with New Updates from Roku • Business Wire • 04/10/2024 01:05:00 PM
- Roku Pro Series Arrives with Elevated Features and Design in a TV Made for Streaming • Business Wire • 04/10/2024 01:00:00 PM
- With Roku’s All-New NBA FAST Channel and NBA Zone, Basketball Fans Are at the Center of the Action • Business Wire • 04/03/2024 03:00:00 PM
- Cross Screen Media and Roku Expand Partnership to Enable Cross-Channel Measurement for Local Agencies • PR Newswire (US) • 03/19/2024 11:00:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/11/2024 09:41:18 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/08/2024 09:41:23 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/06/2024 01:40:04 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/06/2024 01:39:21 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/06/2024 01:39:10 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/06/2024 01:38:44 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/06/2024 01:36:44 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/06/2024 01:35:52 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/06/2024 01:34:59 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/04/2024 09:40:16 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/04/2024 09:31:03 PM
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