ROKU: Roku, Inc.
About
Roku, Inc. engages in the provision of a streaming platform for television. It operates through the Platform and Devices segments. The Platform segment includes digital advertising and related services including the demand-side platform and content distribution services such as subscription and transaction revenue shares, media and entertainment promotional spending, the sale of premium subscriptions, and the sale of branded channel buttons on remote controls. The Devices segment is involved in the sale of streaming players, audio products, smart home products, and accessories that are sold through retailers and distributors, as well as directly to customers through the company’s website. The company was founded by Anthony J. Wood in October 2002 and is headquartered in San Jose, CA.
Current Value
$67.991 Year Return
Current Value
$67.991 Year Return
Key Details
Market Cap
$10.69B
P/E Ratio
-61.4
1Y Stock Return
-21.36%
1Y Revenue Growth
15.71%
Dividend Yield
0.00%
Price to Book
4.3
Strategies that include ROKU
Stock's related to ROKU
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| LMND | 55.56% | $2.87B | +150.56% | 0.00% |
| YELP | 52.86% | $2.36B | -21.93% | 0.00% |
| ACIW | 52.01% | $5.71B | +106.64% | 0.00% |
| DBX | 50.22% | $8.26B | -4.51% | 0.00% |
| CPS | 49.99% | $244.48M | -24.67% | 0.00% |
| PBI | 49.33% | $1.41B | +100.00% | 2.57% |
| FARO | 48.43% | $486.17M | +40.51% | 0.00% |
| INN | 48.03% | $661.35M | -1.61% | 4.92% |
| TFX | 48.01% | $8.97B | -10.85% | 0.71% |
| AUDC | 47.99% | $262.07M | -18.71% | 4.14% |
| PK | 47.90% | $2.95B | -0.49% | 11.79% |
| AFRM | 46.96% | $20.09B | +155.53% | 0.00% |
| JOBY | 46.57% | $4.84B | +13.24% | 0.00% |
| EGHT | 46.16% | $351.48M | -7.88% | 0.00% |
| CARS | 45.90% | $1.20B | -2.01% | 0.00% |
| DBRG | 45.89% | $2.15B | -23.92% | 0.32% |
| CLDT | 44.73% | $425.53M | -12.03% | 3.24% |
| SBGI | 44.67% | $1.09B | +17.36% | 6.11% |
| IIPR | 44.56% | $3.01B | +33.85% | 7.00% |
| SABR | 44.47% | $1.41B | -0.81% | 0.00% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| SRPT | 0.01% | $10.18B | +26.81% | 0.00% |
| AVAL | 0.04% | $791.37M | -4.11% | 7.14% |
| RDY | -0.07% | $11.97B | +5.10% | 3.31% |
| AWH | -0.14% | $11.44M | -76.87% | 0.00% |
| ATEC | 0.15% | $1.36B | -16.49% | 0.00% |
| ALLT | -0.19% | $149.73M | +186.40% | 0.00% |
| NXTC | 0.23% | $36.69M | +6.50% | 0.00% |
| OMCL | -0.24% | $1.96B | +30.61% | 0.00% |
| MCY | 0.30% | $4.07B | +102.23% | 1.73% |
| DG | 0.30% | $16.82B | -37.95% | 3.17% |
| EXEL | -0.34% | $9.83B | +62.16% | 0.00% |
| DLNG | -0.38% | $161.93M | +73.23% | 0.00% |
| QNTM | -0.39% | $9.19M | -94.36% | 0.00% |
| KNSL | -0.40% | $10.93B | +29.38% | 0.13% |
| CORZ | 0.41% | $4.60B | +3,201.26% | 0.00% |
| PHAT | -0.41% | $640.70M | +29.96% | 0.00% |
| EG | 0.42% | $15.92B | -8.98% | 2.02% |
| BEST | 0.43% | $31.65M | +3.88% | 0.00% |
| IMRN | 0.43% | $10.31M | -5.04% | 0.00% |
| CME | -0.46% | $82.76B | +9.21% | 1.98% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| MCK | -24.82% | $78.15B | +35.51% | 0.42% |
| RELY | -24.33% | $3.96B | -7.42% | 0.00% |
| TCTM | -23.41% | $8.10M | -42.99% | 0.00% |
| RNR | -16.80% | $13.74B | +23.09% | 0.58% |
| ETR | -16.31% | $32.14B | +49.00% | 3.05% |
| NLOP | -15.75% | $458.04M | +94.60% | 0.00% |
| CFLT | -15.64% | $9.28B | +49.05% | 0.00% |
| RGR | -14.39% | $642.75M | -15.87% | 1.81% |
| MKL | -13.97% | $21.48B | +16.38% | 0.00% |
| KBR | -13.40% | $7.77B | +11.73% | 1.00% |
| UUU | -12.67% | $4.97M | -41.89% | 0.00% |
| HUSA | -11.86% | $16.69M | -11.56% | 0.00% |
| CL | -11.06% | $76.48B | +22.25% | 2.12% |
| PULM | -9.73% | $19.83M | +202.98% | 0.00% |
| ROOT | -8.80% | $1.53B | +972.93% | 0.00% |
| CRTO | -8.33% | $2.10B | +58.23% | 0.00% |
| COR | -8.21% | $47.48B | +21.20% | 0.86% |
| LAUR | -8.03% | $2.83B | +41.77% | 0.00% |
| CBOE | -7.82% | $21.46B | +15.84% | 1.11% |
| CYD | -7.64% | $364.46M | -2.94% | 4.26% |
ETF's related to ROKU
News
Yahoo
Shares of streaming TV platform Roku (NASDAQ: ROKU) fell 10% in the afternoon session after advertising software platform The Trade Desk announced it is developing a new connected TV operating system (OS) called Ventura, with plans to launch as early as 2025. Given Roku's strong presence in the connected television market, TTD's announcement could be perceived as a potential threat to Roku's dominance. If The Trade Desk succeeds in launching a connected TV OS, it could encroach on Roku's territo
Yahoo
Yahoo Finance Special Reporter Akiko Fujita breaks down top market stories on Yahoo Finance. Bitcoin (BTC-USD) is extending gains, notching a new record high. The crypto traded above $94,000 Wednesday as investors participated in early options trading for bitcoin ETFs. Roku (ROKU) stock is trading lower on rising competition concerns. The Trade Desk (TTD) announced it is working on its own connected TV operating system, "Ventura." Meanwhile, Williams-Sonoma (WSM) stock is surging on the heels of its third quarter earnings beat. The company also raised its guidance. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Angel Smith
Yahoo
Investing.com - Shares of Roku Inc (NASDAQ:ROKU) dropped as much as 8% in Wednesday after reports that digital advertising firm The Trade Desk (NASDAQ:TTD) was planning to launch a connected TV operating system by the second half of 2025.
Yahoo
Roku Inc. Sees Stock Upgrade and Growth Potential Boosted by Analyst Confidence
Yahoo
Wondering where to find hypergrowth in today's market? These contenders could get the job done for years or even decades to come.
Yahoo
Roku (NASDAQ: ROKU) is a business at the forefront of streaming entertainment. Investors are probably familiar with the fact that Roku sells various hardware devices, like TVs and streaming players, among other things. The rest of Roku's revenue was derived from its platform segment, which makes money from advertising and streaming services distribution.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.