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Is Now The Time To Buy Roku?
Tuesday, March 30, 2021 - 2:00pm | 344Read More...Shares of Roku Inc (NASDAQ: ROKU) are down nearly 30% over the past month, but the stock should reverse course and move higher from multiple catalysts and a more attractive valuation, according to Truist Securities. The Roku Analyst: Matthew Thornton upgraded Roku's stock from Hold to Buy with...
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Netflix Stock Trades Higher: Technical Levels To Watch
Tuesday, March 23, 2021 - 4:23pm | 350Read More...Netflix Inc. (NASDAQ: NFLX) shares traded higher Tuesday after Argus Research upgraded the streaming stock from Hold to Buy and announced a $650 price target. Netflix gained 2.29% Tuesday, closing at $535.09. Netflix Chart Analysis: Shown above is the daily chart for ...
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A Bullish Disney Analyst On What COVID-19 Vaccines Mean For The House Of Mouse
Wednesday, March 17, 2021 - 4:35pm | 271Read More...Walt Disney Co (NYSE: DIS) is poised to benefit from continued strong growth in direct-to-consumer streaming and a recovery in travel due to the rollout of COVID-19 vaccines, according to Tigress Financial Partners. The Walt Disney Analyst: Ivan Feinseth reiterated a Buy rating for Walt Disney...
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Comcast Needs To Unlock Value, Should Consider Separating Cable Business: Analyst
Wednesday, March 17, 2021 - 9:25am | 328Read More...Comcast Corporation (NASDAQ: CMCSA) is composed of a "collection of good businesses" but management has to take action to unlock value before investors can buy the stock, according to Wells Fargo. The Comcast Analyst: Steven Cahall initiated coverage of Comcast's stock with an...
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'The Last Blockbuster' Documentary Is Coming To Netflix: Cause, Meet Effect
Thursday, March 11, 2021 - 3:09pm | 533Read More...Netflix releases hundreds of new movies and television episodes each month for its subscribers. One release coming later this month may catch viewer attention with a throwback to an earlier method of renting films. What Happened: “The Last Blockbuster” documentary, which...
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BofA Likes Roku's Deal To Acquire Nielsen's AVA Business
Tuesday, March 2, 2021 - 2:43pm | 363Read More...Roku Inc (NASDAQ: ROKU) announced Monday its intention to acquire Nielsen Holdings PLC's (NYSE: NLSN) Advanced Video Advertising (AVA) business. This will allow the streaming company to dynamically insert customized ads on a one-to-many linear broadcast feed, according to BofA Securities....
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Roku Had A 'Stellar' Quarter, But Is The Stock Valued Too High Right Now?
Friday, February 19, 2021 - 3:30pm | 577Read More...Streaming video company Roku Inc (NASDAQ: ROKU) reported fourth-quarter results that came in better than expected but not all analysts were equally impressed. The Roku Analysts: Rosenblatt Securities analyst Mark Zgutowicz maintains a Buy rating on Roku's stock with a price target lifted from $...
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7 Reasons Why Roku's Stock Can Rise To $500
Monday, January 25, 2021 - 4:12pm | 280Read More...Roku Inc (NASDAQ: ROKU) was a big winner in 2020 and the stock has multiple catalysts ahead that can lift the stock even higher, according to BofA Securities. The Roku Analyst: Ruplu Bhattacharya maintains a Buy rating on Roku's stock with a price target lifted from $380 to $500. The Roku...
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WWE Network Is Moving To NBC's Peacock
Monday, January 25, 2021 - 12:55pm | 446Read More...World Wrestling Entertainment, Inc. (NYSE: WWE) is shutting its streaming video network and will instead host its content on NBCUniversal's new direct-to-consumer streaming platform Peacock, the companies said Monday. What Happened: WWE will close its WWE Network streaming platform in the U.S....
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Why Netflix's Soaring Subscriber Base Isn't Necessarily Bad News for Competitors
Wednesday, January 20, 2021 - 6:08pm | 293Read More...Netflix Inc. (NASDAQ: NFLX) said Tuesday that it surpassed the 200-million-member milestone. In comparison, The Walt Disney Company's (NYSE: DIS) Disney+ boasts 86.8 million subscribers, while Roku Inc. (NASDAQ: ROKU) reported 46 million and FuboTV Inc. (NYSE: FUBO) 455,000...
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ViacomCBS To Launch Paramount+ Streaming Service March 4: What You Need To Know
Tuesday, January 19, 2021 - 4:25pm | 579Read More...A day ahead of the earnings release from streaming giant Netflix Inc (NASDAQ: NFLX), ViacomCBS Inc. (NASDAQ: VIAC) confirmed the launch date of its own streaming service. What Happened: ViacomCBS said Tuesday that its Paramount+ streaming service will launch March 4. The company also confirmed...
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Why Roku Could Still Have 'Significant' Advertising Growth Ahead
Tuesday, January 19, 2021 - 2:55pm | 318Read More...Roku Inc (NASDAQ: ROKU) has grown to become the leading TV and video streaming platform in 2020, but JPMorgan says its true driver of revenue growth in advertising has yet to play out. The Roku Analyst: Cory Carpenter initiated coverage of Roku's stock with an Overweight rating and a $475...
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Discovery Plans To Bring Oprah and Martha Stewart To A Global Audience, CEO Says
Monday, January 11, 2021 - 2:16pm | 417Read More...Discovery Communications Inc. (NASDAQ: DISCA) has been working on a streaming video platform for five years with the objective of transforming the media company from a "cable and free-to-air company to a global IP company," Discovery CEO David Zaslav said during a Bloomberg interview....
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Roku Buys Quibi's Content Distribution Rights
Friday, January 8, 2021 - 11:38am | 353Read More...Roku Inc (NASDAQ: ROKU) confirmed Friday a deal to acquire the exclusive global distribution rights to Quibi's suite of content for use on its ad-supported The Roku Channel. What Happened: Roku was rumored to be in talks to acquire Quibi's content and Friday's confirmation puts an...
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Roku Hits 50M Active Account Milestone; CEO Talks Competition, Strategy
Wednesday, January 6, 2021 - 3:17pm | 522Read More...Roku Inc. (NASDAQ: ROKU) shares are trading higher after the company announced a milestone of 50 million active accounts on its streaming video platform. The Numbers: Roku said preliminary estimated data shows the company ended 2020 with a net gain of 14 million active accounts at 51.2 million...
