Roku Inc. Class A
273.01 - 280.6
58.22 - 284
Echofin Members Consensus
US Market Markets finished higher yesterday, on hopes over a potential Covid-19 vaccine. Schrödinger jumped 11.6%, after the company announced a drug discovery agreement with Bristol-Myers Squibb. Roku advanced 5.1%, after a top broker raised its target price on the stock to $315.0 from $255.0. Korn Ferry added 1.2%, as the consulting company’s second quarter revenue and earnings came in above analysts’ forecast. Regeneron Pharmaceuticals rose 0.9%, after the company won emergency use authorization from the Food and Drug Administration for its Covid-19 antibody therapy. On the flipside, Foot Locker dropped 2.6%, following a rating downgrade on the stock to ‘Underweight’ from ‘Neutral’. Merck fell 0.2%. The company announced that would be acquiring drug maker OncoImmune for a cash consideration of $425.0 million. The S&P 500 gained 0.6%, to settle at 3,577.6. The DJIA rose 1.1%, to settle at 29,591.3, while the NASDAQ added 0.2%, to close at 11,880.6 .
US Market US markets closed mostly lower on Friday, erasing its previous session gains. Electronic Arts declined 7.1%, as the video game maker reported lower than anticipated revenue in the second quarter. Peloton Interactive fell 0.9%, despite reporting strong results in the first quarter. On the flipside, Coty skyrocketed 22.2%, after the e-cosmetics retailer reported a surprise profit in the third quarter. Zillow Group jumped 14.0%, as the company’s revenue and earnings came in above analysts’ forecast in the third quarter. Square rallied 13.0%, after reporting upbeat results in the third quarter. Roku climbed 12.6%, after the streaming platform recorded better than expected revenue and earnings in the third quarter. CVS Health added 5.8%, after reporting better than expected third quarter results and raising its annual earnings guidance. The S&P 500 marginally fell, to settle at 3,509.4. The DJIA fell 0.2%, to settle at 28,323.4, while the NASDAQ slightly rose, to close at 11,895.2. .
Next Dividend Date
Roku, Inc. engages in the provision of a streaming platform for television. It operates through the following business segments: Player and Platform. The Player segment consists of net sales of streaming media players and accessories through retailers and distributors, as well as directly to customers through the company's website. Its Roku platform allows users to personalize their content selection with cable television replacement offerings and other streaming services that suit their budget and needs. Its product categories include advertising, Roku TVs and Streaming Players. The company was founded by Anthony J. Wood in October 2002 and is headquartered in Los Gatos, CA.
CEO: Anthony J. Wood
HQ: 1155 Coleman Avenue San Jose, 95110 CA