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Roku Earnings: Why Are Shares Soaring After Earnings?

TheMotleyFool

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Roku Earnings: Why Are Shares Soaring After Earnings?

In this video, I will go over 's (NASDAQ: ROKU) second-quarter earnings report. The company reported a beat on top and bottom lines while also beating its own guidance by a wide margin. The stock is up over 60% this year alone, but a rebound in ad spending could send this stock to greater heights.

*Stock prices used were from the trading day of July 27, 2023. The video was published on July 27, 2023.

Source Fool.com

Roku Stock

Roku gained 0.800% compared to yesterday.
Our community is currently high on Roku with 32 Buy predictions and 6 Sell predictions.
As a result the target price of 84 € shows a positive potential of 20.69% compared to the current price of 69.6 € for Roku.

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