Form 8-K ROKU, INC For: May 06

Go back to Form 8-K ROKU, INC For: May 06

Roku (ROKU) Will Keep Beating - Cannonball Research

May 7, 2021 1:03 PM EDT

Cannonball Research analyst Vasily Karasyov reiterated a Buy rating and $650.00 price target on Roku Inc. (NASDAQ: ROKU) following results. Karasyov explains how the company is beating and why they will keep beating.

The analyst commented, "We think Q1 results and updated... More

Roku Inc. (ROKU) PT Lowered to $400 at Macquarie

May 7, 2021 7:21 AM EDT

Macquarie analyst Tim Nollen lowered the price target on Roku Inc. (NASDAQ: ROKU) to $400.00 (from $570.00) while maintaining an Outperform rating.

Roku heavily beat almost all of our estimates in Q1; guidance looks promising.Monetization of users is strong thanks to... More

Roku (ROKU) Tops Q1 EPS by 67c, Q2 Revenue Guidance Beats

May 6, 2021 4:16 PM EDT

Roku (NASDAQ: ROKU) reported Q1 EPS of $0.54, $0.67 better than the analyst estimate of ($0.13). Revenue for the quarter came in at $574.2 million versus the consensus estimate of $490.56 million.

GUIDANCE:

Roku sees Q2 2021 revenue of $615 million, versus the consensus of $549.4 million.

We are pleased with our start to 2021 and believe the broad secular trends combined with the investments we are making will drive long term growth. Different rates of recovery worldwide from COVID-19, combined with persistent supply chain constraints, make it difficult to predict an economic return to... More