From Nasdaq: 2025-02-22 04:55:00

Roku (NASDAQ: ROKU) reported a 22% revenue increase to $1.2 billion in Q4 2024, with a net loss per share of $0.24, beating Wall Street expectations. Despite a recent share price jump, Roku stock remains 80% below its 2021 peak. Could investing in this streaming stock be a game-changer for you?

Ending 2024 strong, Roku gained 4.3 million new accounts, totaling 89.8 million. Viewers streamed 34.1 billion hours of content, up 18% year over year. Average revenue per user rose 4%. Streaming accounted for 42.6% of daily TV viewing in January, with promising monetization potential.

Roku aims for profitability, with an operating loss of $39.1 million in Q4, improving from 2023. Projected to be operating income positive by 2026, earnings per share are expected to reach $1.71 in 2027. The company is focused on scaling up for financial sustainability and growth.

Roku has significant potential for expansion in the growing streaming and digital advertising markets. Despite competition from tech giants like Apple, Amazon, and Google, Roku’s price-to-sales ratio at a 63% discount to historical averages presents a compelling investment opportunity. Long-term growth prospects make Roku stock worth considering.

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Read more at Nasdaq: Could Buying Roku Stock Today Set You Up for Life?