ROKU Stock Recent News

Wolfe Research analysts upgraded shares of the maker of streaming devices and software to Outperform.

Cruises have been taking share from other forms of travel, and that will benefit Carnival investors. Roku's double-digit growth in streaming households is pointing to substantial upside for the stock.

Roku (ROKU) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Roku is known for its devices, but its the ad business that's fueling sales. Viewers continue their cord-cutting trend, and as the leader in ad-supported streaming, Roku is uniquely positioned to benefit.

The COVID-19 pandemic accelerated the trend in streaming video, much to the benefit of this company. Its post-pandemic hangover hit shares hard, but the worst appears behind it.

Roku's revenue and user base continue to climb higher -- an encouraging sign. As more ad dollars move to streaming, Roku is in a position to benefit.

Connected TV platforms are capturing an increasing share of political advertising dollars in the 2024 cycle. The Kamala Harris campaign said it's reserved $200 million worth of ad space across connected TV and streaming platforms, like Hulu, Roku and Pandora.

BENGALURU, India--(BUSINESS WIRE)--Today, Roku, the TV streaming pioneer, announced the opening of its new office in Bengaluru, the heart of India's tech scene. Located in Embassy Golf Links Business Park, Challaghatta, the site will serve as a key innovation hub for the company, driving advancement in cutting-edge technology, software engineering, machine learning, and product development for the #1 TV streaming platform in the U.S. and Mexico. Roku is actively recruiting for engineering roles.

Roku is facilitating the growth of streaming content viewership internationally.

Roku (ROKU) shares popped Friday after Guggenheim analysts reportedly upgraded the stock to "buy" from "neutral."