Roku Releases Second Quarter 2021 Financial Results

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Go back to Roku Releases Second Quarter 2021 Financial Results

Roku Inc. (ROKU) PT Lowered to $310 at Morgan Stanley

August 5, 2021 6:41 AM EDT

Morgan Stanley analyst Benjamin Swinburne lowered the price target on Roku Inc. (NASDAQ: ROKU) to $310.00 (from $325.00) while maintaining an Underweight rating following results.

The analyst commented, "The 2Q results and 3Q guide were solid, reflecting the roaring US ad market and Roku's leading... More

Roku (ROKU) Tops Q2 EPS by 40c, Offers Q3 Guidance

August 4, 2021 4:10 PM EDT

Roku (NASDAQ: ROKU) reported Q2 EPS of $0.52, $0.40 better than the analyst estimate of $0.12. Revenue for the quarter came in at $645.1 million versus the consensus estimate of $618.54 million.

GUIDANCE:

Roku sees Q3 2021 revenue of $675-685 million, versus the consensus of $645... More