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Dreaming Of Streaming? Upcoming Roundhill Tech ETF Is For Real
Wednesday, November 25, 2020 - 8:50am | 590It's been more than 18 years since the Netflix (NASDAQ: NFLX) initial public offering. From 2010 through 2019, the streaming entertainment pioneer was the best-performing member of the S&P 500. As that decade dominance confirms, streaming entertainment is growing in a big way. Perhaps it...
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Roku's Fundamentals 'Remain Strong,' Analyst Says
Tuesday, November 24, 2020 - 1:20pm | 321Streaming video hardware and software maker Roku Inc (NASDAQ: ROKU) has benefited over the months from people spending their time at home and recent momentum can be sustained even after a vaccine is available to the public, according to BofA Securities. The Roku Analyst: Ruplu Bhattacharya...
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Disney CEO Bob Chapek On Reorganization Shift: 'Catalyze Growth Even Further'
Friday, November 13, 2020 - 10:58am | 376Walt Disney Co (NYSE: DIS) designed a strategic organization to accelerate its transition to a "real direct-to-consumer priority company, CEO Bob Chapek said Thursday afternoon on CNBC's "Closing Bell." Strategic Reorganization: Disney announced a strategic reorganization of its...
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3 Roku Analysts Recap 'Stellar' Q3
Friday, November 6, 2020 - 2:13pm | 699Streaming video hardware and software company Roku Inc (NASDAQ: ROKU) reported third-quarter results Thursday that several analysts are applauding, with no signs of a slowdown in Roku's momentum. The Roku Analysts: BofA Securities analyst Ruplu Bhattacharya maintains a Buy...
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Netflix Reports Mixed Q3 Earnings, Slower User Growth
Tuesday, October 20, 2020 - 4:26pm | 561Shares of Netflix Inc (NASDAQ: NFLX) traded lower after the streaming video company reported third-quarter results. The Results: Netflix said it earned $1.74 per share on revenue of $6.44 billion. The results were mixed compared to the Street's estimate of $2.13 per share on...
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ViacomCBS Renames Streaming Offering Paramount+ To Leverage 'Near-Universal Brand Recognition'
Tuesday, September 15, 2020 - 3:05pm | 339ViacomCBS (NASDAQ: VIAC) announced Tuesday a pivot in its streaming video strategy, including a new name and additional exclusive content. Name Change: ViacomCBS, born out of the merger of Viacom and its sister company CBS, will change its streaming video platform's name from CBS All Access to...
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Ad Trends Are Shifting In Roku's Favor, Says Bullish Wells Fargo
Tuesday, September 8, 2020 - 12:39pm | 362The bullish case for Roku Inc (NASDAQ: ROKU) is based on scale and advertising technology that should result in better-than-expected average revenue per user growth, according to Wells Fargo. The Roku Analyst: Steven Cahall initiated coverage of Roku with an Overweight rating and $215...
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Roku Rallies On Bullish Analyst Projection For 125M Subscribers
Wednesday, August 26, 2020 - 10:41am | 317Roku Inc (NASDAQ: ROKU) shares traded under $60 in March. They've been on a tear since then, hitting a 52-week high of $176.55 this month, and sell-side analysts have been raising their estimates for the streaming video stock. The Roku Analyst: Citi analyst Jason Bazinet reportedly ...
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Discovery To Go Direct To Consumers With Streaming Service
Thursday, August 20, 2020 - 2:52pm | 736Discovery, Inc. (NASDAQ: DISCA) is one of the largest media companies in the U.S. and among the largest in the world. The company has stated recently it doesn’t get the valuation from cable companies it thinks it deserves. This could be why Discovery has been pushing toward building...
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How Much Are Prime, Prime Video Worth For Amazon?
Monday, August 17, 2020 - 4:08pm | 406Amazon.com, Inc.'s (NASDAQ: AMZN) Prime subscription service, which was conceptualized with the idea of retaining customer royalty, is slowing and steadily becoming a vital cog in the e-commerce giant's wheels, according to Needham. The Amazon Analyst: Laura Martin has a Buy...
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Roku's 'Stellar Quarter' Keeps These Analysts Pressing The Buy Button
Thursday, August 6, 2020 - 12:26pm | 708Streaming video hardware and software maker Roku, Inc. (NASDAQ: ROKU) reported second-quarter results that prompted three analysts to turn incrementally bullish on the stock. Roku reported quarterly losses of 35 cents per share, which beat the analyst consensus estimate by 16 cents. The company...
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2 Analysts On Why Disney, Roku Are Streaming Stock Alternatives To Netflix
Monday, July 20, 2020 - 4:20pm | 337Netflix, Inc. (NASDAQ: NFLX), which reported second-quarter earnings Thursday, is not the only streaming company attracting investors’ attention. Walt Disney Company (NYSE: DIS) and Roku, Inc. (NASDAQ: ROKU) are strong contenders, Gina Sanchez, CEO of Chantico Global, and Craig...
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Netflix Lacks Lack Near-Term Catalysts, Credit Suisse Says After Q2 Report
Friday, July 17, 2020 - 12:37pm | 337Following Netflix Inc’s (NASDAQ: NFLX) second-quarter results and guidance, Credit Suisse lowered its estimates for 2020 and 2021 and said there seems to be a lack of near-term catalysts. The Netflix Analyst: Douglas Mitchelson downgraded Netflix from Outperform to Neutral and...
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UBS Downgrades Netflix, Eyes High Valuation And Tougher Comps
Tuesday, July 14, 2020 - 1:37pm | 418Close on the heels of Goldman Sachs assigning a Street-high price target of $670 for Netflix Inc (NASDAQ: NFLX) shares, a UBS analyst dropped their bullish stance. The Netflix Analyst: Eric Sheridan downgraded Netflix from Buy to Neutral with a $535 price target. UBS On...
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Pretty Chill: Netflix Stock Hits All-Time High As Subscribers Hit Multi-Year High
Friday, July 10, 2020 - 11:25am | 359Streaming video giant Netflix Inc (NASDAQ: NFLX) is expected to report second-quarter results "well above" guidance amid record app downloads, according to Goldman Sachs. The Netflix Analyst: Heath Terry maintains a Buy (Conviction List) rating on Netflix's stock with a price target...