Why Roku (ROKU) Stock Is Trading Up Today

From StockStory Inc.: 2025-02-14 14:23:15

Shares of Roku (NASDAQ: ROKU) surged 15.7% in pre-market trading following strong fourth-quarter 2024 results, with revenue up 22% driven by a 25% increase in platform revenue. However, revenue outlook for next quarter met expectations, raising concerns about platform revenue growth once political ad spending declines. Wells Fargo upgraded the stock to Buy, citing inventory growth and political tailwinds. Roku’s shares closed at $98.98, up 13.9%. The stock’s volatility indicates significant market impact from news. Roku is up 32% YTD, setting a new 52-week high at $98.33 per share.

Investors who bought $1,000 worth of Roku shares 5 years ago would now be looking at an investment worth $754.93.



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