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Roku Stock Is Diving After Earnings. Analysts Say It’s Time to Buy.

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The big dip in Roku’s share price after its earnings report is a buying opportunity, according Wall Street analysts.

Late Wednesday, Roku (ticker: ROKU) reported third-quarter revenue of $260.9 million, above the Wall Street consensus of $257 million. The company’s predictions for the current quarter bracketed Wall Street expectations. Roku forecast a range of $380 million to $396 million in sales. The average estimate among analysts was for sales of $386 million.

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