Shares of streaming TV platform Roku (NASDAQ: ROKU)
jumped 6.7% in the afternoon session after a wave of positive analyst ratings followed the company's strong second-quarter earnings report. The positive sentiment from Wall Street came after Roku reported impressive second-quarter results late last week. The streaming company posted revenue of $1.11 billion and a surprise profit of $0.07 per share, which beat consensus estimates that had called for a loss. In response to the strong performance and an upgraded forecast, several investment firms, including Wedbush and Wells Fargo, boosted their price targets on the stock.
Volatility cuts both ways - while it creates opportunities, it also increases risk, making sharp declines just as likely as big gains.
This unpredictability can shake out even the most experienced investors.
It's a rough start to the new month for Wall Street, as major U.S. stock indices plunged by midday Friday, setting the stage for a negative weekly close.
ROKU stock shows strong technicals and a solid setup for a breakout, with perfect Technical and Setup Ratings, tight consolidation, and clear support/resistance levels. Ideal for momentum traders.
Streaming TV platform Roku (NASDAQ: ROKU) reported Q2 CY2025 results topping the market’s revenue expectations, with sales up 14.8% year on year to $1.11 billion. The company expects next quarter’s revenue to be around $1.2 billion, coming in 2.7% above analysts’ estimates. Its GAAP profit of $0.07 per share was significantly above analysts’ consensus estimates.
Roku surpasses Q2 2025 estimates with $1.11B revenue and $0.07 EPS, driving a 4.35% after-hours stock surge. Strong ad and streaming growth fuels optimism.
On Wednesday, the major averages closed on a mixed note, as traders were left unimpressed by the Fed's decision and Chair Powell’s comments at the press conference that followed the meeting.
Shares of streaming TV platform Roku (NASDAQ: ROKU)
jumped 4.6% in the afternoon session after news emerged of a significant new institutional investment and positive analyst commentary. The move was supported by a report that Universal Beteiligungs und Servicegesellschaft mbH acquired over 85,000 shares, establishing a new position in the company. This institutional confidence was mirrored on Wall Street, where Bank of America raised its price target on the stock to $110.00 and maintained its "buy" rating. Adding to the bullish sentiment, Wall Street Zen also upgraded Roku from a "hold" to a "buy" recommendation. The positive momentum also followed a recent article that highlighted the company's strong sales growth and what it described as an undervalued stock price compared to its peers.
