Roku Is the Lead-In to Television

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Go back to Roku Is the Lead-In to Television

Jefferies cautious on Roku (ROKU) as estimates are too high

May 2, 2024 12:47 PM EDT

On Thursday, Jefferies resumed coverage of Roku (NASDAQ: ROKU), assigning an Underperform rating and setting a price target of $50 per share. The investment firm expressed a cautious stance towards the company, citing several headwinds that could affect Roku's performance in the second half of 2024 and into 2025.

Jefferies highlighted the challenging comparisons Roku faces due to streaming service... More

Roku partnership with The Trade Desk could speed up its international ambitions: Macquarie

May 1, 2024 1:24 PM EDT

Roku (NASDAQ: ROKU) announced on Tuesday that it is formally aligning with The Trade Desk Inc. (NASDAQ: TTD), providing it with more data to drive greater DSP demand. Roku seeks to bolster demand to better fill its supply of ad inventory across... More