Roku Stock: Bull vs. Bear | The Motley Fool
The streaming stock has been getting crushed this year. Should investors buy on the pullback?
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The streaming stock has been getting crushed this year. Should investors buy on the pullback?
Roku is rolling the Discovery+ subscription offerings into its own Roku Channel. While Roku already offers a standalone discovery+ app via its store, this new move will mean that discovery+ content will also be available via the Roku Channel for the first time.
After a dismal 2021 which saw ROKU’s share price tumble 30%, one bullish analyst sees 70% upside.
Author Bio Adam has been writing for The Motley Fool since 2012 covering consumer goods and technology companies. He consumes copious cups of coffee, and he loves alliteration. He spends about as much time thinking about Facebook and Twitter's businesses as he does using their products. For some lighthearted stock commentary and occasional St. Louis Cardinals mania ... Follow @admlvy One of the things that jumped off the page from Roku’s (NASDAQ:ROKU) first-quarter earnings report was the platform business. Roku’s platform revenue growth accelerated to 101% and it...
| 28 April 2021 The Conviva State of Streaming report for the first quarter of 2021 has shown solid year-on-year streaming growth in North America but massive surges in international markets as streaming viewing time grew 36% annually during the three-month period. Specifically, the intelligence cloud for streaming media’s study revealed North America, streaming’s largest market, as seeing 18% annual growth in streaming viewing, overshadowed by South America (240%), Africa (149%) and Europe (122%). Another key trend revealed was that consumers were flocking to connected TV de...