Ohio
Latest Coverage
See all articles
Seaport Global Remains a Buy on Roku (ROKU)
Seaport Global analyst David Joyce maintained a Buy rating on Roku today and set a price target of $130.00.
President's Day Sale - 70% Off
Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Joyce covers the Communication Services sector, focusing on stocks such as Sphere Entertainment, AMC Networks, and IMAX. According to TipRanks, Joyce has an average return of 15.2% and a 62.36% success rate on recommended stocks.
In addition to Seaport Global, Roku also received a Buy from TipRanks – PerPlexity’s PerPlexity Entertainment in a report issued yesterday. However, on the same day, TipRanks – OpenAI reiterated a Hold rating on Roku (NASDAQ: ROKU).
Based on Roku’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.39 billion and a net profit of $80.48 million. In comparison, last year the company earned a revenue of $1.2 billion and had a GAAP net loss of $35.55 million