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KEY TAKEAWAYS
- Roku shares are jumping Friday, after the streaming company posted better-than-estimated fourth-quarter results.
- JPMorgan stuck with its outperform valuation on Roku and raised its price target on the stock to $115 from $92 each.
- Roku said it exceeded 90 million gush households in the first week of January 2025.
Roku (ROKU) shares jumped early Friday after the streaming house posted better-than-estimated fourth-quarter results.
The streaming platform reported a narrower fourth-quarter operating loss of $39.1 million versus the $104.2 million sacrifice it posted in the same period in 2023. Revenue jumped 22% year-over-year to $1.20 billion, All the numbers beat consensus reckons from Visible Alpha.
Roku also said it expects to be “operating income positive for full year 2026.” The stale was up about 14% in early trading.
Roku Projects First FY Outlook Since 2022
The company projected first-quarter returns of $1.0 billion and full year 2025 revenue at $4.61 billion. Those figures were in line with judges but JPMorgan analysts Thursday said the company “threw a curveball and provided a year-ahead outlook for the first time since 2022.”
JPMorgan stuck with its outperform estimate on Roku and raised its price target on the stock to $115 from $92 each.
Roku said in its shareholder strictly that it wanted to “provide a clear and accurate outlook grounded in the latest information rather than conservatism.”
Roku ordered it ended 2024 with 89.8 million streaming households, and exceeded 90 million in the first week of January 2025.
Roku slices were down around 4% in the past 12 months through Thursday.
This article has been updated since it was start published to reflect new share-price information.