Q: What is Roku Inc 2023/Q4 Earnings Preview?
TigerGPT Answer: 【Forecast Data】
The financial forecast data for Roku Inc. this quarter includes the following:
- Earnings Per Share (EPS): -$0.55
- Total Revenue: $966,299,380
- EBIT: -$99,923,840
Compared to the same period last year:
- EPS has improved by 67.65% (from -$1.70 to -$0.55)
- Total Revenue has increased by 11.44% (from $867,056,000 to $966,299,380)
- EBIT has improved by 60.01% (from -$249,898,000 to -$99,923,840)
The significant improvement in EPS and EBIT suggests that Roku Inc. has managed to reduce its losses substantially, while the increase in revenue indicates growth in the company's business operations.
【Quarterly Important News】
The key news related to Roku Inc. over the past quarter includes an upgrade by CFRA analyst Kenneth Leon from Sell to Hold, citing 'favorable long-term trends'. This upgrade likely reflects a more positive outlook on the company's future performance and may have contributed to investor confidence.
Additionally, Cineverse premiered the Sid & Marty Krofft Channel, marking a historic moment as these iconic shows became available on digital platforms for the first time. This could potentially attract more viewers to The Roku Channel and other platforms where Roku content is available, possibly impacting the company's revenue streams positively.
【Forecast Viewpoints】
The current viewpoints on Roku Inc.'s financial report from relevant articles include:
- CFRA analyst upgrades Roku stock, cites 'favorable long-term trends': CFRA analyst upgrades Roku stock
【Stock Trend Analysis】
Over the past quarter, Roku Inc.'s stock price has experienced a 29.85% increase from the last financial report release date to the current date. The latest stock price is $95.8, with a support level at $102.73 and a resistance level at $81.23. This suggests that the stock is currently in a downtrend from its recent peak, but it remains above the resistance level, indicating potential for stabilization or a rebound.
【Options Large Order Analysis】
The options large order data shows a significant buy order for ROKU 20240216 85.0 put options. This could indicate that some investors are expecting the stock to decline, hedging against a potential drop in the stock price following the financial report.
【Analyst Ratings and Target Price Forecast】
Analyst ratings for Roku Inc. are mixed, with 5 recommendations to recommend, 6 to buy, 19 to hold, 2 to underperform, and 1 to sell. The mean target price is $88.9372, with a low estimate of $50.0 and a high estimate of $120.0. Based on these ratings and target prices, Roku Inc. appears to be at a standard valuation. The financial report could either confirm the current valuation or lead to adjustments based on the reported figures.
【Comprehensive Conclusion】
Roku Inc. has shown significant improvement in its financial forecast data, with reduced losses and increased revenue. Analyst upgrades and new content offerings could contribute to a positive outlook for the company. However, the recent put options activity and the current downtrend in stock price suggest that investors may have concerns about the upcoming financial report. The mixed analyst ratings indicate a cautious but not overly pessimistic view of the company's valuation.
Disclaimer: The above content is generated by the AI robot TigerGPT and does not represent any personal views. The content is for reference only and does not constitute any investment advice.
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