Professional
Added to YB: 2024-07-22
Pitch date: 2024-07-15
ROKU [bullish]
Roku, Inc.
+126.75%
current return
Author Info
The Lion's Roar is searching for the next long/short idea. Primarily US, SMID cap focused, but looking for value everywhere. Sign up for the newsletter.
Company Info
Roku, Inc., together with its subsidiaries, operates a TV streaming platform in the United States and internationally.
Market Cap
$21.0B
Pitch Price
$62.74
Price Target
109.00 (-23%)
Dividend
N/A
EV/EBITDA
41.20
P/E
106.78
EV/Sales
3.86
Sector
Entertainment
Category
growth
ROKU - Buy Pre GAAP Profitability Inflection
ROKU: #1 US TV OS, 80M active accounts, $2B cash. Q1 rev $881M, EBITDA $41M. Platform rev growth from ad shift to streaming. ARPU up 25% CAGR since 2015. Intl expansion. Walmart/Vizio deal risk. $109 PT (75% upside) on CTV growth, ad shift. Risks: content deals, expenses.
Read full article (10 min)