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Why Roku Can't Turn the Corner

Roku's losses keep piling up.

By Travis Hoium – May 1, 2024 at 5:30AM EST

Roku (ROKU 0.55%) has cut expenses and grown revenue, but can't seem to stop losing money. In this video, Travis Hoium covers why Roku's strategic position is fundamentally what's keeping the company from better financial results.

*Stock prices used were end-of-day prices of April 29, 2024. The video was published on April 30, 2024.

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About the Author

Travis Hoium
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
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Travis Hoium has positions in Walt Disney. The Motley Fool has positions in and recommends Netflix, Roku, and Walt Disney. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Stocks Mentioned

Roku Stock Quote
Roku
NASDAQ: ROKU
$95.11
(-0.50%)-$0.48
Walt Disney Stock Quote
Walt Disney
NYSE: DIS
$95.95
(-0.46%)-$0.44
Netflix Stock Quote
Netflix
NASDAQ: NFLX
$92.31
(+1.53%)+$1.39

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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