Quote Overview

Stock Activity

Open	59.00
Day Low	58.90
Day High	62.44
52 Wk Low	51.62
52 Wk High	108.84
Avg. Volume	3,220,188
Market Cap	8.41 B
Dividend	NA
Beta	1.66

Key Earnings Data

Earnings ESP	8.29%
Most Accurate Est	-0.59
Current Qtr Est	-0.64
Current Yr Est	-2.12
Exp Earnings Date	^*AMC4/25/24
Prior Year EPS	-5.01
Exp EPS Growth (3-5yr) 22.21%
Forward PE	NA
PEG Ratio	NA

Consumer Discretionary » Broadcast Radio and Television

*BMO = Before Market Open *AMC = After Market Close

Research Reports for ROKU

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Style Scores F Value A Growth A Momentum B VGM
Zacks Rank	Sell 4
Zacks Industry Rank	Bottom 7%(235 out of 252)
Zacks Sector Rank	Bottom 6% (15 out of 16)
Earnings ESP	8.29%
Research Reports for ROKU Analyst \| Snapshot

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Premium Research: Industry Analysis

Top Peers	Symbol	Zacks Rank
Roku	ROKU
Netflix	NFLX
AMC Networks	AMCX
Beasley Broadcast Group	BBGI
Fox	FOXA
Gray Television	GTN
Loop Media, Inc.	LPTV

See all Broadcast Radio and Television Peers

Zacks News for ROKU

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Company Summary

Roku is the leading TV streaming platform provider in the United States based on hours streamed.

The company reported 80 million active accounts as of Dec 31, 2023, a net increase of 10 million since Dec 31, 2022, attributed to the sale of stand-alone streaming devices, partnerships with TV brand partners like TCL, JVC, Sharp and other leading TV-makers who license the Roku OS to manufacture and sell Roku TV models, and licensing of Roku OS to certain service operators.

Moreover, Roku is benefiting from growth in advertising driven by monetized video ad impressions on the increasing popularity of The Roku Channel. Important factors contributing to this growth include the continued growing interest in streaming by traditional TV advertisers, as well as ongoing investment in the company’s OneView ad platform and overall ad tech capabilities.

Roku reported revenues of $3.5 billion in 2023. The Los Gatos, CA-based company operates through two reportable segments: Platform and Devices.

The Platform segment generates revenues from advertising sales, subscription and transaction revenue shares, the sale of branded channel buttons on remote controls and licensing arrangements with TV brands and service operators. In 2023, Platform revenues increased 10% year over year to $3 billion.

The Player segment derives revenues from the sale of streaming players through consumer retail distribution channels, including major brick and mortar retailers, such as Best Buy and Walmart, and online retailers, primarily Amazon.

Roku’s latest innovation in the Devices category, the new TCL Roku TV 6-Series won the CNET Editor’s Choice award in 2023 and was described as the “best TV for the money” for the sixth year in a row.

In 2023, Roku generated $490 million devices revenues, up 18% year over year in volume of streaming players sold. Roku became the No. 1 TV streaming platform by hours streamed in the U.S., Canada, and Mexico.

Roku faces immense competition from existing local traditional pay TV services and products. Companies such as Amazon, Apple and Google offer TV streaming devices that compete with Roku streaming players and Roku TV. Additionally, Google and Amazon license their respective OS for integration into smart TVs.