Roku Continues to Expand in Streaming Industry, With 61.3M Accounts and 20.9B Streaming Hours

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Roku, Inc. ($NASDAQ:ROKU) continues to expand aggressively in the streaming industry, with 61.3 million accounts and 20.9 billion streaming hours as of FQ1’22. This growth is driven by Roku’s continually improving Average-Revenue-Per-User, which reached $42.91 in the same quarter. Roku’s strong performance makes it a potential winner in the streaming wars between Netflix, Amazon Prime, Disney, and others. Roku’s operating system, Roku OS, is the No. 1 selling TV OS in the United States and continues to grow its market share over time. Do you think this will affect Roku’s market and earnings in the long term?

Market Reaction

The company has seen mixed sentiment from investors following the news, but its stock opened at $91.0 on Wednesday and closed at $96.1, up 6.9% from its previous closing price of $89.9. Roku has made significant strides in recent years and is now one of the leading streaming platforms.

VI Analysis

Company’s fundamentals reflect its long term potential, below analysis on ROKU are made simple by VI app. The fair value of ROKU share is around $301.9, calculated by VI Line. Now ROKU stock is traded at $96.1, undervalued by68%.

Summary

The company has seen mixed news recently, with some positive and some negative. However, the stock price has remained strong, and has even increased by 6.9% following the release of mixed news. Roku is also continuing to innovate, with new features and products being released on a regular basis. The company’s strong stock price and continued growth make it an attractive investment for those looking to get involved in the streaming industry. Roku is a well-established company with a strong track record of success, and investors believe that the company has a bright future ahead.