Roku News Daily

Roku Earnings Preview: Analysts Bullish Despite Recent Pullback


Listen Later

# Roku Earnings Preview: Analyst Optimism Amid Pre-Announcement Stock Dip

Discover what's behind Roku's 3.3% stock decline ahead of its crucial Q4 earnings announcement in this information-packed episode. We analyze the current $87.89 trading price against significant analyst upgrades, with multiple firms raising price targets between $115-$135. Learn why trading volume jumped 9% above daily averages and what the consensus 43% upside potential means for investors. We break down revenue projections of $1.35 billion (12.5% YoY growth), expected EPS of $0.28-$0.29, and the strategic Amazon partnership that has Oppenheimer particularly bullish. This comprehensive analysis also covers potential headwinds including institutional selling, insider transactions worth $19.7M, and pending litigation. Perfect for tech investors seeking balanced insight before Roku's earnings report.

For more http://www.quietplease.ai

Stock up on these deals
https://amzn.to/3QFpYIX

This content was created in partnership and with the help of Artificial Intelligence AI
...more
View all episodesView all episodes
Download on the App Store

Roku News DailyBy Inception Point Ai