Roku Stock Price, News & Analysis

Roku's third annual Video-on-Demand Evolution study reveals significant changes in Canadian TV streaming habits.

• 76% of Canadians are now TV streamers, with 18% considering downgrading or canceling cable subscriptions.
• Ad-supported TV is growing, with over 52% of streamers engaging with it.
• 47% of respondents aim to change their streaming service selection due to economic factors.

Flexibility in content consumption is crucial, as 57% feel they have less disposable income. The rise in live TV viewership is notable, with a 19% increase since 2020. This shift presents opportunities for marketers to reach audiences effectively.

Roku, Inc. announced a significant milestone, surpassing 70 million active accounts, up from 60.1 million in Q4 2021. In 2022, global streaming hours reached 87.4 billion, marking a 19% increase year-over-year. Roku remains the top TV streaming platform in the U.S., Canada, and Mexico. With the launch of its first Roku-branded TVs on Jan. 4, the company aims to enhance the streaming experience at accessible prices. The Roku Channel also expanded its offerings, including original content and partnerships with major networks.

Roku (Nasdaq: ROKU) announced the launch of its first-ever Roku-branded TVs, the Roku Select and Roku Plus Series, at CES. These HD and 4K TVs, designed and made by Roku, emphasize value and a great streaming experience. Available in 11 models ranging from 24” to 75” with prices between $119 and $999, they will hit the U.S. market in spring 2023. Features include Roku Voice Remotes and integration with a new Roku TV Wireless Soundbar. This move aims to further establish Roku's position as the leading TV streaming platform in the U.S.

Roku (Nasdaq: ROKU) introduced a new premium Roku TV OLED reference design at CES 2023, offering enhanced picture quality and features to its partners. This design features superior black levels, contrast, and viewing angles.

Roku's commitment to providing high-quality streaming experiences continues, with 11 reference designs launched since 2014. The Roku TV program is now the leading smart TV OS in the U.S., expanding its market presence internationally across nine countries. Roku plans to add new TV brands and models this year.

Roku, Inc. (Nasdaq: ROKU) and TCL Electronics announced the launch of TCL Roku TV™ models in Australia starting in early November. Available in 55- and 65-inch sizes, these 4K UHD TVs will offer a customizable home screen that integrates live TV, traditional inputs, and streaming channels. The models will support Freeview for free terrestrial channels and will feature access to the Roku Channel Store, including services like Netflix and Disney+. Pricing details will be disclosed by TCL.

Roku, Inc. (NASDAQ: ROKU) announced its third quarter 2022 results and will host a conference call today at 2:00 PM PT to discuss the outcomes. Interested parties can access the live webcast through the Roku investor relations website. Roku continues to lead in streaming technology, connecting users to content while enabling publishers to reach large audiences. The company offers a range of streaming devices and smart home products, enhancing user engagement and advertiser capabilities.

Roku, Inc. (NASDAQ: ROKU) will announce its third quarter 2022 financial results after market close on November 2, 2022. A live conference call will take place at 2:00 p.m. Pacific Time on the same day, which can be accessed via the Roku investor relations website. An archived version will also be available afterwards.

Roku has launched The Roku Channel in Mexico, making it available free of charge to Roku device users starting October 13. This channel includes over 30 Roku Originals and a selection of popular films and TV shows from global and local partners such as Sony and Lionsgate. Roku aims to replicate its U.S. success, where the channel ranks among the top five for engagement. Additionally, the launch introduces a Live TV experience with over 25 channels, enhancing content accessibility and increasing advertising opportunities.

Roku, Inc. (NASDAQ: ROKU) and Walmart (NYSE: WMT) have launched a new suite of affordable smart home products, available in nearly 3,500 Walmart stores starting October 17. This product line includes security cameras, video doorbells, smart lighting, and other devices designed to enhance the smart home experience. Roku aims to integrate these devices with its TV platform, allowing users to access functionality such as live camera feeds while streaming. The smart home products feature advanced security capabilities and are designed for easy consumer connectivity.