Roku’s share price was $88.14 on July 9th, with a forward P/E of -139.90. The company’s revenue comes from its platform and player, focusing on digital advertising and related services. With a user-friendly interface and high streaming hours per user, Roku aims to dominate the CTV ecosystem despite competition from Google and Amazon.
The company’s growth strategy involves increasing active accounts, monetizable hours, and ARPU. Despite competition and media consolidation, Roku’s management team is expected to continue executing successfully. Success in the long term will depend on publisher adoption, scale compared to competitors, and the ability to monetize inventory and reach households effectively.
Read more at Yahoo Finance: Roku (ROKU): A Bull Case Theory