Roku Stock Jumps After Better-than-Estimated Results
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Roku shares surged after reporting better-than-expected Q4 results, with a narrower operating loss and a 22% revenue increase. JPMorgan raised its price target for Roku to $115, maintaining an outperform rating. Roku projects positive operating income for 2026.
February 14, 2025 | 3:30 pm
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Roku's stock jumped 14% after reporting better-than-expected Q4 results, with a significant revenue increase and a narrower operating loss. JPMorgan raised its price target to $115, maintaining an outperform rating.
Roku's better-than-expected Q4 results, including a 22% revenue increase and a narrower operating loss, positively impacted its stock price. The raised price target by JPMorgan further supports a positive short-term outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100