Últimas noticias sobre Roku (NASDAQ:ROKU) Bolsa

Roku

Roku enables consumers to stream television programming. It has more than 80 million streaming households and provided well over 100 billion streaming hours in 2023. Roku is the top streaming operating system in the US, reaching more than half of broadband households, according to the company. Roku's OS is built into streaming devices and televisions that Roku sells and on connected televisions from other manufacturers that license Roku's name and software. Roku also operates the Roku Channel, a free, ad-supported streaming television platform that offers a mix of on-demand and live television programming. Roku generates revenue primarily from selling devices, licensing, and advertising, and it receives fees from subscription streaming platforms that sell subscriptions through Roku.

Roku Inc

<h2 class="wp-block-heading">New On The Block</h2>
Intevac, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IVAC#NASDAQ">IVAC</a>), which manufactures technologies for applications like solar cells and hard disk drives, has undergone a makeover. With its old restructuring woes in the rearview mirror, the company&#8217;s forecasted EBITDA is looking a lot healthier — basically, it&#8217;s flexing its financial muscles. Now, investment bank Houlihan Lokey is putting out feelers to see what kind of strategic alternatives are out there, which basically means they're chatting with anyone who might want <a href="https://www.benzinga.com/topic/mergers-and-acquisitions">to ink a deal</a>.
<h2 class="wp-block-heading">Updates From The Block</h2>
Hershey Trust Co., holding a hefty 80% of the voting power at The Hershey Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HSY#NYSE">HSY</a>), recently told Mondelez International, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDLZ#NASDAQ">MDLZ</a>) to try again after <a href="https://www.benzinga.com/news/24/12/42398159/whats-going-on-with-hershey-stock-monday">rejecting their preliminary bid</a>, calling it &#8220;too low,&#8221; according to <a href="https://www.bloomberg.com/news/articles/2024-12-11/hershey-s-main-owner-said-to-reject-mondelez-s-offer-as-too-low?sref=TBDibEcD&amp;embedded-checkout=true">Bloomberg</a>. Meanwhile, Mondelez is wrestling with skyrocketing cocoa and coffee prices, possibly using that stress as fuel for their merger plans. Cocoa prices have gone through the roof—up over three times in the past year, and there was a 20% leap between October and November alone. Blame it on bad weather in cocoa-growing regions, shrinking global inventories, and the usual supply chain drama. Even BofA Securities analyst Peter T. Galbo jumped in, noting that Hershey looks like a <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42483141/hershey-merger-talks-fail">pretty tasty merger target</a> amid all the cocoa chaos​.
Nippon Life Insurance wants to acquire all the shares it doesn&#8217;t already own in Resolution Life Group Holdings. The all-cash deal of $8.2 billion is the largest overseas acquisition ever by a Japanese insurer. It&#8217;s also only the second major deal Nippon Life has announced this year. It's clear that Japanese insurers, like Nippon Life, are on the lookout for opportunities abroad.
See Also: <a href="https://www.benzinga.com/general/space/24/12/42376708/nasa-mission-to-land-humans-on-moon-delayed-artemis-3-now-slated-for-mid-2027">NASA Mission To Land Humans On Moon Delayed &#8211; Artemis 3 Now Slated For&#8230;</a>
<h2 class="wp-block-heading">Off The Block</h2>
Dow agreed to sell a 40% stake in its U.S. Gulf Coast infrastructure assets to a fund managed by Macquarie Asset Management for $2.4 billion. The new partnership, cheekily named Diamond Infrastructure Solutions, will act as a go-to provider of top-tier infrastructure services for Dow and other industrial clients in Texas and Louisiana.
Novolex, the packaging giant backed by Apollo Global Management, has sealed the deal to acquire Pactiv Evergreen. The price hovers around <a href="https://www.benzinga.com/24/12/42395976/pactiv-evergreen-realreal-kodiak-sciences-and-other-big-stocks-moving-higher-on-monday">$3.22 billion</a>. The Wall Street Journal <a href="https://www.wsj.com/articles/apollo-backed-novolex-to-buy-pactiv-evergreen-for-3-22-billion-0e4815cf">reported</a> that the price tag equates to about $18 per share in cash, which is a sweet 23% premium over the stock's closing price of $14.66 on Dec. 6. It's also about 32% above where Pactiv's stock was trading on Dec. 2, right before rumors started flying about Apollo sniffing around for a takeover. 
<h2 class="wp-block-heading">Bankruptcy Block</h2>
The Onion's owners are upset with a bankruptcy judge for nixing their winning bid to buy Alex Jones&#8216; Infowars company. A federal bankruptcy judge declared <a href="https://www.benzinga.com/media/24/11/41982446/jokes-on-jones-onion-backed-by-families-of-sandy-hook-victims-buys-info-wars">last month's auction</a> and The Onion's offer "flawed," citing issues like a lack of transparency and an uneven playing field, as well as the failure to maximize value for Jones' creditors. This decision came after Elon Musk <a href="https://www.benzinga.com/24/11/42229130/elon-musks-x-objects-to-sale-of-conspiracy-theorist-alex-joness-infowars-accounts-to-the-onion-claims-ownership-over-joness-social-media">stirred the pot</a>. Jones vowed that even if Infowars gets shut down, he'll simply move his operations to his backup studios and keep broadcasting via satellites, stations, and of course, Musk&#8217;s X platform. Despite all the drama, the ruling was a rare victory for Jones, who's been battling legal claims from the families of victims from the Sandy Hook tragedy, which he defamed by calling it a hoax.
<h2 class="wp-block-heading">Notes From The Block</h2>
Fitch Ratings <a href="https://www.fitchratings.com/research/corporate-finance/us-corporate-m-a-could-accelerate-in-2025-credit-implications-mixed-02-12-2024">identified</a> several sectors with ample dry powder and legroom for acquisitions. They include construction, aerospace, gaming and leisure, healthcare, banking, and tech. Benzinga narrowed down which companies, based on growth potential and brand recognition, will likely attract suitors in 2025. These are primarily mid-size firms with market caps between $5 and $12 billion.
<ul>
<li>Dutch Bros Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BROS#NYSE">BROS</a>): This takeover target boasts expanding profits, minimal debt load, strong brand recognition, and potentially untapped markets in the coffee-crazed northeastern U.S.</li>
<li>Walgreens Boots Alliance Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBA#NASDAQ">WBA</a>): On Dec. 10, news broke that Sycamore Partners was <a href="https://www.benzinga.com/24/12/42421855/walgreens-stock-jumps-on-report-of-potential-private-equity-sale-what-you-need-to-know">exploring an acquisition</a> of Walgreens, who intend to take the company private and potentially split up its divisions.</li>
<li>Roku Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROKU#NASDAQ">ROKU</a>): ROKU's market cap is just under $12 billion, which is couch cushion cash for companies like Disney, Netflix, or Apple that could benefit from adding a hardware supplier</li>
<li>Zoom Video Communications Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZM#NASDAQ">ZM</a>): With a $26 billion market cap, Zoom needs a buyer with deep pockets like Google, Microsoft, or Apple, but the company has plenty of positive free cash flow and a sturdy balance sheet.</li>
</ul>
For <a href="https://www.benzinga.com/trading-ideas/24/12/42473024/5-merger-and-acquisition-targets-to-buy-before-trump-takes-over">more coverage, click here</a>.
For last week&#8217;s Deal Dispatch, <a href="https://www.benzinga.com/markets/24/12/42378209/deal-dispatch-ubisoft-in-buyout-talks-dental-supplier-explores-sale-beloved-drive-through-goes-bankrupt">click here</a>.
Now Read:
<ul>
<li><a href="https://www.benzinga.com/24/12/42391429/canopy-growth-closes-acreage-deal-expanding-us-cannabis-portfolio-heres-what-investors-need-to-know">Canopy Growth Wraps Up Acreage Acquisition Expanding US Cannabis Portfolio, What Investors Need To Know</a></li>
</ul>

BROS

IVAC

MDLZ

ROKU

Deal Dispatch: Hershey Wants More From Mondelez, Houlihan Shops Intevac, Onion And Infowars Saga Continues

Merger and acquisitions activity peaked in the United States in 2021, but after SPACs got shellacked and the Biden administration took a harsher view of large-scale mergers, deals became fewer and further between.
This trend is expected to reverse in 2025 as the Federal Reserve lowers interest rates and a more M&amp;A-friendly Federal Trade Commission (FTC) enters the fold. Analysts at Goldman Sachs expect many <a href="https://finance.yahoo.com/news/goldman-sachs-sees-more-larger-162800585.html">larger-scale deals</a> to be explored in the next 12 months, and one may already be underway as Mondelez International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MLDZ#NASDAQ">MLDZ</a>) is again considering purchasing chocolate conglomerate Hershey Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HSY#NYSE">HSY</a>).
Today, we'll explore five more stocks that could be M&amp;A targets in 2025.
<h2 class="wp-block-heading">How We Made Our Picks</h2>
Fitch Ratings has identified <a href="https://www.fitchratings.com/research/corporate-finance/us-corporate-m-a-could-accelerate-in-2025-credit-implications-mixed-02-12-2024">several sectors</a> with ample dry powder and legroom for acquisitions, such as homebuilding and construction, aerospace, gaming and leisure, healthcare, banking, and (of course) tech. We looked for companies in these industries and narrowed down our selections based on growth potential, brand recognition, financial position, and number of potential suitors. These are primarily mid-size firms with market caps between $5 and $12 billion.
<h3 class="wp-block-heading">Dutch Bros Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BROS#NYSE">BROS</a>)</h3>
If you're annoyed waiting in long lines at Starbucks or Dunkin&#8217; for your morning coffee, you aren't alone. Even with mobile orders and online promos, drive-thru lines are a constant pressure point for big chains, and as coffee prices continue to rise, customers might consider eschewing the line altogether.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="304" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/12163047/Bros-1024x304.png" alt="" class="wp-image-690339" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/12163047/Bros-1024x304.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/12163047/Bros-300x89.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/12163047/Bros-768x228.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/12163047/Bros.png 1302w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Artisan coffee chains like Dutch Bros might be a way for bigger companies to gain a competitive edge without sacrificing quality. BROS is a fast-growing coffee chain with over 900 stores in the United States, mainly in the Western part of the country, that prides itself on quick drive-thru experiences and attentive service. While 900 stores might seem quaint to giants like Starbucks, this is impressive growth from the 135 stores in operation in 2009, and the company also sells its name-brand varieties online. Dutch Bros revenue growth has continued its steady ascent, and gross profits have more than doubled since 2020. BROS is a takeover target thanks to these expanding profits, minimal debt load, strong brand recognition, and potentially untapped markets in the coffee-crazed northeastern United States.
<h3 class="wp-block-heading">Walgreens Boots Alliance Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBA#NASDAQ">WBA</a>)</h3>
Walgreens has long been a takeover target, but realistic dealmaking scenarios have failed to materialize, and the stock has been stuck in a multi-year decline. While a public acquisition has eluded WBA, 2025 could be the year the company returns to private markets.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="304" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/12163047/WBA-1024x304.png" alt="" class="wp-image-690340" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/12163047/WBA-1024x304.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/12163047/WBA-300x89.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/12163047/WBA-768x228.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/12163047/WBA.png 1302w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
On December 10, news broke that Sycamore Partners was <a href="https://www.benzinga.com/24/12/42421855/walgreens-stock-jumps-on-report-of-potential-private-equity-sale-what-you-need-to-know">exploring an acquisition</a> of Walgreens, who intend to take the company private and potentially split up its divisions. WBA stock has plummeted from a $100 billion market cap in 2015 to just $8.5 billion at the end of 2024, making a private market acquisition much more feasible.
<a href="https://bzresearch.myclickfunnels.com/earnings-gaps-masterclass-registration/?utm_source=RD-1213">Last Chance Before 2025 Earnings Season</a>
<h3 class="wp-block-heading">Roku Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROKU#NASDAQ">ROKU</a>)</h3>
Roku's stock chart will forever be distorted by the COVID-19 pandemic and meme stock craze, which saw its price jump from $100 to $500 in less than a year. When rates began rising in early 2022, ROKU was decimated and has traded under $100 per share for the better part of the last two years. But Netflix and Disney+ have shown that streaming services are the new way Americans watch TV, and Roku provides hardware and software to bring these services into living rooms.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="299" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/12163048/ROKU-1024x299.png" alt="" class="wp-image-690341" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/12163048/ROKU-1024x299.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/12163048/ROKU-300x88.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/12163048/ROKU-768x224.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/12163048/ROKU.png 1300w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
ROKU made a record $1.5 billion in gross profits in 2023 thanks to more customers ditching cable for streaming services requiring Roku's products, such as smart TVs, streaming sticks, and the all-new Roku Ultra, the company's fastest and highest-quality device. ROKU's market cap is just under $12 billion, which is couch cushion cash for companies like Disney, Netflix, or Apple that could benefit from adding a hardware supplier that can entice potential customers to sign up for their services (and steer them from the competition).
<h3 class="wp-block-heading">Zoom Video Communications Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZM#NASDAQ">ZM</a>)</h3>
Another company with a rollercoaster stock chart is Zoom, the video conferencing service that kept people connected during the height of the COVID-19 pandemic. Zoom found itself in the right place at the right time, and its stock exploded from $76 in January 2020 to nearly $500 by the start of November. But by August 2022, the stock had given up all its COVID gains and settled back under $100.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="300" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/12163048/ZM-1024x300.png" alt="" class="wp-image-690342" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/12163048/ZM-1024x300.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/12163048/ZM-300x88.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/12163048/ZM-768x225.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/12163048/ZM.png 1302w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
ZM shares have traded under the $100 mark for most of the last two years, but the previous three months have shown the stock shaking off the cobwebs. In October, ZM's 50-day moving average made a bullish cross over the 200-day MA, and there's optimism that Zoom's infrastructure, brand recognition, and return to positive sales growth will make it a desirable acquisition in 2025. With a $26 billion market cap, Zoom needs a buyer with deep pockets like Google, Microsoft, or Apple, but the company has plenty of positive free cash flow and a sturdy balance sheet.
<h3 class="wp-block-heading">SPDR Regional Banking ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KRE#NYSE">KRE</a>)</h3>
Now, no one is actually looking to acquire a banking ETF. However, the small and mid-size bank sector is ripe for consolidation, and the performance of this index shows how much optimism has flooded the industry since Donald Trump's election night victory. In 2023, the number of FDIC-insured commercial banks <a href="https://www.statista.com/statistics/184536/number-of-fdic-insured-us-commercial-bank-institutions/">grew to 4,470</a>, the first expansion in more than two decades (over 8,000 banks were insured in 2000). Many market analysts believe this to be a one-time blip and expect consolidation to resume under new FTC leadership.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="300" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/12163103/KRE-1024x300.png" alt="" class="wp-image-690343" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/12163103/KRE-1024x300.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/12163103/KRE-300x88.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/12163103/KRE-768x225.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/12163103/KRE.png 1302w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
The S&amp;P Regional Banking ETF got a massive boost on the Wednesday following the presidential election as a deregulation agenda paves the way for bank mergers and acquisitions. KRE is a relatively small fund with only $5.7 billion in assets under management, but it holds a diverse range of regional banking stocks. Over 140 banks and financial services firms fill the index, ranging from large caps like Truist Financial ($60 billion market cap) to niche local banks like Atlantic Union Bancshares (under $4 billion market cap). Selecting which of the more than 4,000 banks will be acquired is a monumental task; buying this small ETF is a way to take advantage of the overall M&amp;A trend.
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Opinion

Trading Ideas

MLDZ

5 Merger and Acquisition Targets to Buy Before Trump Takes Over

<a href="https://newsroom.roku.com/news/2024/12/roku-and-freewheel-announce-new-programmatic-partnership/kljd62ru-1733947466" title="https://newsroom.roku.com/news/2024/12/roku-and-freewheel-announce-new-programmatic-partnership/kljd62ru-1733947466">https://newsroom.roku.com/news/2024/12/roku-and-freewheel-announce-new-programmatic-partnership/kljd62ru-1733947466</a>

News

' Roku And FreeWheel Announce New Programmatic Partnership' - Roku

Shares of Trade Desk Inc are up roughly 4% to $134.13 in the month of December. The stock has seen volatility this month amid reports of a <a href="https://www.benzinga.com/general/entertainment/24/12/42278221/trade-desk-shares-are-on-the-rise-today-what-you-need-to-know">potential merger</a> with streaming giant Roku Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROKU#NASDAQ">ROKU</a>).
The speculation arises as Trade Desk expands in the connected TV (CTV) market with the launch of its Ventura OS on November 20.
What To Know: Analysts at Guggenheim Securities recently highlighted the <a href="https://www.benzinga.com/general/entertainment/24/12/42278221/trade-desk-shares-are-on-the-rise-today-what-you-need-to-know">strategic appeal</a> of combining Trade Desk's demand-side advertising platform with Roku&#8217;s global streaming footprint across 85 million households, enhancing their competitive position in the CTV space.
The merger could strengthen Trade Desk&#8217;s Ventura OS ambitions while boosting Roku&#8217;s advertising monetization, potentially making the combined entity a formidable rival to Alphabet Inc and Amazon.com Inc.
However, challenges remain. Roku&#8217;s CEO Anthony Wood, who holds significant voting shares, must approve any deal. Analysts warned of potential conflicts for Trade Desk in treating advertising clients fairly.
While no official talks have been confirmed, the news highlights overlapping goals as TTD competes against giants like Amazon and Alphabet.
Read Also: <a href="https://www.benzinga.com/economics/macro-economic-events/24/12/42436676/inflation-rises-as-expected-in-november-sustain-hopes-for-next-weeks-fed-interest-rate-cut">Inflation Rises As Expected In November, Sustains Hopes For December Interest Rate Cut</a>
<h2 class="wp-block-heading">Is TTD A Good Stock To Buy?</h2>
When deciding whether to buy a stock, there are some key fundamentals investors may want to consider. One of these factors is revenue growth. Buying a stock is essentially a bet that the business will continue to grow and generate profits in the future.
Trade Desk has reported average annual revenue growth of 33.75% over the past 5 years. Looking forward, the company most recently said it expects FY24 revenues of $2.37B.
It's also important to pay attention to valuation when deciding whether to buy a stock. Trade Desk has a forward P/E ratio of 99.01. This means investors are paying $99.01 for each dollar of expected earnings in the future. The average forward P/E ratio of Trade Desk's peers is 25.13.
Other important metrics to look at include a company's profitability, balance sheet, performance relative to a benchmark index and valuation compared to peers. For in-depth analysis tools and important financial data, check out <a href="https://pro.benzinga.com">Benzinga PRO</a>.
TTD has a 52-week high of $141.53 and a 52-week low of $61.48.

What's Going On With Trade Desk (TTD) Stock?

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Communication Services sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>GOOGL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/13/24</td>
<td>$177.50</td>
<td>$52.1K</td>
<td>18.5K</td>
<td>24.9K</td>
</tr>
<tr>
<td>RDDT</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>12/13/24</td>
<td>$160.00</td>
<td>$96.7K</td>
<td>403</td>
<td>1.0K</td>
</tr>
<tr>
<td>GOOG</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/17/25</td>
<td>$185.00</td>
<td>$46.2K</td>
<td>37</td>
<td>950</td>
</tr>
<tr>
<td>TMUS</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$230.00</td>
<td>$64.2K</td>
<td>1.9K</td>
<td>849</td>
</tr>
<tr>
<td>META</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/24/25</td>
<td>$640.00</td>
<td>$28.6K</td>
<td>5</td>
<td>561</td>
</tr>
<tr>
<td>BIDU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$70.00</td>
<td>$55.9K</td>
<td>1.2K</td>
<td>429</td>
</tr>
<tr>
<td>CHTR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/03/25</td>
<td>$365.00</td>
<td>$87.0K</td>
<td>8</td>
<td>200</td>
</tr>
<tr>
<td>RBLX</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>03/21/25</td>
<td>$55.00</td>
<td>$31.6K</td>
<td>4.9K</td>
<td>148</td>
</tr>
<tr>
<td>ASTS</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$12.50</td>
<td>$34.6K</td>
<td>15.2K</td>
<td>135</td>
</tr>
<tr>
<td>ROKU</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$120.00</td>
<td>$48.9K</td>
<td>1</td>
<td>115</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For GOOGL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on December 13, 2024. This event was a transfer of 410 contract(s) at a $177.50 strike. This particular call needed to be split into 34 different trades to become filled. The total cost received by the writing party (or parties) was $52.1K, with a price of $127.0 per contract. There were 18554 open contracts at this strike prior to today, and today 24969 contract(s) were bought and sold. 
• For RDDT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>), we notice a call option trade that happens to be neutral, expiring in 4 day(s) on December 13, 2024. This event was a transfer of 100 contract(s) at a $160.00 strike. The total cost received by the writing party (or parties) was $96.7K, with a price of $967.0 per contract. There were 403 open contracts at this strike prior to today, and today 1068 contract(s) were bought and sold. 
• For GOOG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>), we notice a put option sweep that happens to be bullish, expiring in 129 day(s) on April 17, 2025. This event was a transfer of 34 contract(s) at a $185.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $46.2K, with a price of $1360.0 per contract. There were 37 open contracts at this strike prior to today, and today 950 contract(s) were bought and sold. 
• For TMUS (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>), we notice a put option sweep that happens to be neutral, expiring in 39 day(s) on January 17, 2025. This event was a transfer of 176 contract(s) at a $230.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $64.2K, with a price of $365.0 per contract. There were 1949 open contracts at this strike prior to today, and today 849 contract(s) were bought and sold. 
• For META (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), we notice a call option trade that happens to be bearish, expiring in 46 day(s) on January 24, 2025. This event was a transfer of 20 contract(s) at a $640.00 strike. The total cost received by the writing party (or parties) was $28.6K, with a price of $1430.0 per contract. There were 5 open contracts at this strike prior to today, and today 561 contract(s) were bought and sold. 
• For BIDU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>), we notice a call option sweep that happens to be bullish, expiring in 39 day(s) on January 17, 2025. This event was a transfer of 22 contract(s) at a $70.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $55.9K, with a price of $2542.0 per contract. There were 1261 open contracts at this strike prior to today, and today 429 contract(s) were bought and sold. 
• For CHTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHTR#NASDAQ">CHTR</a>), we notice a put option sweep that happens to be bearish, expiring in 25 day(s) on January 3, 2025. This event was a transfer of 116 contract(s) at a $365.00 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $87.0K, with a price of $750.0 per contract. There were 8 open contracts at this strike prior to today, and today 200 contract(s) were bought and sold. 
• For RBLX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBLX#NYSE">RBLX</a>), we notice a call option trade that happens to be neutral, expiring in 102 day(s) on March 21, 2025. This event was a transfer of 47 contract(s) at a $55.00 strike. The total cost received by the writing party (or parties) was $31.6K, with a price of $673.0 per contract. There were 4936 open contracts at this strike prior to today, and today 148 contract(s) were bought and sold. 
• Regarding ASTS (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASTS#NASDAQ">ASTS</a>), we observe a call option trade with bullish sentiment. It expires in 403 day(s) on January 16, 2026. Parties traded 20 contract(s) at a $12.50 strike. The total cost received by the writing party (or parties) was $34.6K, with a price of $1730.0 per contract. There were 15210 open contracts at this strike prior to today, and today 135 contract(s) were bought and sold. 
• Regarding ROKU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROKU#NASDAQ">ROKU</a>), we observe a call option trade with bullish sentiment. It expires in 767 day(s) on January 15, 2027. Parties traded 30 contract(s) at a $120.00 strike. The total cost received by the writing party (or parties) was $48.9K, with a price of $1630.0 per contract. There were 1 open contracts at this strike prior to today, and today 115 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

ASTS

BIDU

CHTR

GOOG

GOOGL

RBLX

RDDT

TMUS

10 Communication Services Stocks Whale Activity In Today's Session

Loop Capital analyst Alan Gould maintains Roku (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROKU#NASDAQ">ROKU</a>) with a Hold and raises the price target from $70 to $80.

Price Target

Analyst Ratings

Loop Capital Maintains Hold on Roku, Raises Price Target to $80

These eleven large-cap stocks were the best performers in the last week. Are they in your portfolio?
<ol>
<li>Credo Technology Group Holding Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRDO#NASDAQ">CRDO</a>) shares jumped 51.61% after the company reported second-quarter results, and multiple firms raised their <a href="https://www.benzinga.com//node/42298407" target="_blank" rel="noreferrer noopener">price forecast on the stock</a>.</li>
<li>Super Micro Computer Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) stock escalated 34.59% last week. An internal investigation led by its Special Committee found "no evidence of misconduct or fraud" <a href="https://www.benzinga.com//node/42367077" target="_blank" rel="noreferrer noopener">involving management or the board</a>.</li>
<li>DocuSign, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DOCU#NASDAQ">DOCU</a>) shares rose 34.26% after the company reported third-quarter results and <a href="https://www.benzinga.com//node/42352653" target="_blank" rel="noreferrer noopener">issued better-than-expected guidance</a>. Several analysts raised <a href="https://www.benzinga.com/quote/docu/analyst-ratings" target="_blank" rel="noreferrer noopener">their price forecasts for the stock</a>.</li>
<li>Rubrik, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBRK#NYSE">RBRK</a>) stock rocketed 27.17% after reporting <a href="https://www.benzinga.com//node/42353379" target="_blank" rel="noreferrer noopener">better-than-expected third-quarter results</a>. Several analysts <a href="https://www.benzinga.com/quote/rbrk/analyst-ratings" target="_blank" rel="noreferrer noopener">raised the price forecast on the stock</a>.</li>
<li>Lululemon Athletica Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>) climbed 24.62% after reporting better-than-expected third-quarter earnings, and <a href="https://www.benzinga.com//node/42367217" target="_blank" rel="noreferrer noopener">analysts boosted the price forecast</a> on the stock.</li>
<li>Pure Storage, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSTG#NYSE">PSTG</a>) stock grew 22.51% after the company reported better-than-expected third-quarter financial results and <a href="https://www.benzinga.com//node/42303442" target="_blank" rel="noreferrer noopener">fourth-quarter guidance</a>. Several analysts raised <a href="https://www.benzinga.com/quote/pstg/analyst-ratings" target="_blank" rel="noreferrer noopener">the price forecast on the stock</a>.</li>
<li>Marvell Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) shares surged 22.46%  after the company reported upbeat earnings for the third quarter and<a href="https://www.benzinga.com//node/42321281" target="_blank" rel="noreferrer noopener"> analysts boosted the price forecast</a>.</li>
<li>Roku, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROKU#NASDAQ">ROKU</a>) stock rose 21.86% last week on analyst commentary from Needham, which maintained a "Buy" rating and <a href="https://www.benzinga.com//node/42325582" target="_blank" rel="noreferrer noopener">reiterated the $100 price target</a>.</li>
<li>Aurora Innovation, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AUR#NASDAQ">AUR</a>) stock upped 21.33% last week.</li>
<li>American Airlines Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>) shares increased 19.83% after it reported better-than-expected fourth <a href="https://www.benzinga.com//node/42345395" target="_blank" rel="noreferrer noopener">quarter and full-year outlook</a>.</li>
<li>Applovin Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>) stock jumped 19.23% after <a href="https://www.benzinga.com//node/42324175" target="_blank" rel="noreferrer noopener">some analysts</a> boosted <a href="https://www.benzinga.com/quote/app/analyst-ratings" target="_blank" rel="noreferrer noopener">the price forecast</a>.</li>
</ol>
Photo via Shutterstock

Large Cap

Movers

CRDO

DOCU

LULU

MRVL

PSTG

RBRK

SMCI

Super Micro Computer, lululemon And Roku Are Among Top 11 Large Cap Gainers Last Week (Dec 2-Dec 6): Are The Others In Your Portfolio?

Wedbush analyst Alicia Reese maintains Roku (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROKU#NASDAQ">ROKU</a>) with a Outperform and raises the price target from $85 to $100.

Wedbush Maintains Outperform on Roku, Raises Price Target to $100

Each week,&nbsp;Benzinga&#8217;s Stock Whisper Index&nbsp;uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the&nbsp;<a href="https://www.benzinga.com/topic/stock-whisper-index" target="_blank" rel="noreferrer noopener">surface and deserve attention</a>.
Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With countless methods available to retail traders, the challenge often lies in sifting through the abundance of information to uncover new opportunities and understand why certain stocks should be of interest.
Read Also:&nbsp;<a href="https://www.benzinga.com/top-stories/24/11/41718416/exclusive-top-20-most-searched-tickers-on-benzinga-pro-in-october-2024-where-do-tesla-nvidia-apple-d" target="_blank" rel="noreferrer noopener">EXCLUSIVE: Top 20 Most-Searched Tickers On Benzinga Pro In October 2024 — Where Do Tesla, Nvidia, Apple, DJT Stock Rank?</a>
Here's a look at the Benzinga Stock Whisper Index for the week ending Dec. 6:
Protara Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TARA#NASDAQ">TARA</a>): Protara shares <a href="https://www.benzinga.com/24/12/42343355/why-is-protara-therapeutics-stock-skyrocketing-over-100-on-thursday">soared on the week</a> after the company reported Phase 2 results from its ADVANCED-2 trial. The trial, which is for TARA-002 which targets invasive bladder cancer, showed a complete response for many patients. 
The company reported the results at the 25th Annual Meeting of the Society of Urologic Oncology. Protara will report the data from 12-month evaluable patients for the trial in mid-2025.
"We believe these encouraging data together with our international site expansion will accelerate patient enrollment, and we look forward to reporting initial data from 12-month evaluable patients in mid-2025," Protara Therapeutics CEO Jesse Shefferman said.
The <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent120624&amp;t=be2bearmibe3na1">Benzinga Pro chart</a> below shows the soaring price of the stock during the week. Protara shares are up over 180% year-to-date in 2024.
<figure class="wp-block-image size-full"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent120624&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="993" height="502" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/06101858/Screenshot-260.png" alt="" class="wp-image-680787" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/06101858/Screenshot-260.png 993w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/06101858/Screenshot-260-300x152.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/06101858/Screenshot-260-768x388.png 768w" sizes="(max-width: 993px) 100vw, 993px" /></a></figure>
MARA Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>): The price of Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42336184/exclusive-bitcoin-crossing-100000-is-a-defining-moment-experts-say">soaring past $100,000</a> and company updates helped MARA Holdings see strong interest from readers during the week. The company<a href="https://www.benzinga.com/24/12/42267974/whats-going-on-with-bitcoin-mining-stock-mara-holdings-monday"> recently shared </a>it mined 907 Bitcoin in November, up 26% month-over-month. In 2024, the company has mined 8,563 Bitcoin.
"November was a record-breaking month for MARA, with our mining operations achieving unprecedented levels of production driven by the successful deployment of additional miners and enhanced operational efficiency," MARA CEO Fred Thiel said.
The company also<a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42265676/mara-targets-btc-and-debt-buybacks-with-new-700m-convertible-notes-offering-mstrs-michael-saylor-says-it-is-a-company-on-the-bitcoin-standard"> announced plans </a>to offer $700 million of 0% convertible senior notes that it will use to buy existing convertible notes and acquire additional Bitcoin. The convertible note strategy to buy additional Bitcoin is similar to what MicroStrategy Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) has been doing.
MicroStrategy Chairman Michael Saylor said MARA is a "company on the Bitcoin Standard."
As of Nov. 30, MARA held 34,959 Bitcoin, making it one of the largest holders among public companies.
<figure class="wp-block-image size-full"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent120624&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="993" height="502" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/06101916/Screenshot-262.png" alt="" class="wp-image-680790" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/06101916/Screenshot-262.png 993w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/06101916/Screenshot-262-300x152.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/06101916/Screenshot-262-768x388.png 768w" sizes="(max-width: 993px) 100vw, 993px" /></a></figure>
The Trade Desk (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTD#NASDAQ">TTD</a>): Merger speculation with Roku Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROKU#NASDAQ">ROKU</a>) saw Trade Desk shares<a href="https://www.benzinga.com/news/24/12/42342085/why-trade-desk-ttd-stock-is-up-8-this-week"> jump on the week </a>and gain interest from Benzinga readers. 
Guggenheim analysts laid out the case for a merger between the two companies that would combine Trade Desk's advertising platform with Roku's streaming footprint and make a juggernaut in the connected television space. Guggenheim analysts said the benefits of the merger would outweigh any risks and would make the combined company a better competitor against the likes of Amazon and Alphabet.
Merger speculation comes less than a month after Trade Desk unveiled its Ventura <a href="https://www.benzinga.com/24/11/42097269/the-trade-desk-launches-ventura-transforming-streaming-tv-advertising">streaming operating system</a>, which it plans to deploy in collaboration with smart TV manufacturers. Ventura is expected to roll out as early as 2025.
The Trade Desk recently saw <a href="https://www.benzinga.com/quote/TTD/analyst-ratings">several analyst notes,</a> including Scotiabank initiating coverage with a Sector Outperform rating and $133 price target. Macquarie maintained an Outperform rating and raised the price target from $133 to $150. Evercore ISI maintained an Outperform rating and raised the price target from $110 to $135.
<figure class="wp-block-image size-full"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent120624&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="993" height="502" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/06101932/Screenshot-264.png" alt="" class="wp-image-680792" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/06101932/Screenshot-264.png 993w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/06101932/Screenshot-264-300x152.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/06101932/Screenshot-264-768x388.png 768w" sizes="(max-width: 993px) 100vw, 993px" /></a></figure>
SoundHound AI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOUN#NASDAQ">SOUN</a>): The artificial intelligence-related company saw increased interest from readers during the week, which comes with shares up over 500% year-to-date in 2024. 
Shares traded higher after the company <a href="https://www.benzinga.com/24/12/42348247/soundhound-ai-shares-were-on-the-rise-today-whats-going-on">announced the deployment</a> of its voice AI Smart Ordering system at additional restaurants. The company's AI-powered restaurant solutions are in use at more than 10,000 locations around the world, with the technology helping with phone, kiosk, drive-thru and headset ordering systems. The company also recently said its Amelia conversational AI agent has handled over 100,000 customer calls in 2024, helping with operational efficiency for customers.
SoundHound shares continue to trade higher in 2024 and are up over 60% on the week, which comes shortly after the company reported third-quarter financials in November. The company raised its full-year revenue outlook for both 2024 and 2025 and the stock will be closely monitored by investors going forward.
<figure class="wp-block-image size-full"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent120624&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="997" height="505" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/06101949/Screenshot-265.png" alt="" class="wp-image-680795" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/06101949/Screenshot-265.png 997w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/06101949/Screenshot-265-300x152.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/06101949/Screenshot-265-768x389.png 768w" sizes="(max-width: 997px) 100vw, 997px" /></a></figure>
Oracle Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>): Another stock seeing strong interest from investors is Oracle, which comes ahead of the company's second-quarter financial results. 
Oracle will report second-quarter results Monday after market close. Analysts expect the company  to report earnings per share of $1.48, up from $1.34 in last year's second quarter. The company has beaten analyst estimates for earnings per share in eight straight quarters. Analysts expect the company to report quarterly revenue of $14.1 billion, up from $12.9 billion in last year's second quarter. 
While the company has a recent string of beats for earning per share, it has struggled beating revenue forecasts. The company has beaten analyst estimates for revenue in only four of the last 10 quarters.
Wedbush analyst Daniel Ives <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42307179/salesforce-palantir-and-oracle-spearhead-an-ai-revolution-says-wedbushs-dan-ives-a-renaissance-of-growth">recently said </a>Oracle is set to benefit from the "AI revolution" in 2025. Analysts have been <a href="https://www.benzinga.com/quote/ORCL/analyst-ratings">raising their price targets</a> on Oracle stock ahead of the quarterly financial results.
<figure class="wp-block-image size-full"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent120624&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="995" height="507" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/06102005/Screenshot-266.png" alt="" class="wp-image-680796" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/06102005/Screenshot-266.png 995w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/06102005/Screenshot-266-300x153.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/06102005/Screenshot-266-768x391.png 768w" sizes="(max-width: 995px) 100vw, 995px" /></a></figure>
Stay tuned for next week&#8217;s report, and follow Benzinga Pro for all the latest headlines and&nbsp;<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent120624&amp;t=be2bearmibe3na1" target="_blank" rel="noreferrer noopener">top market-moving stories here.</a>
Read the latest Stock Whisper Index reports here:
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/24/11/41856335/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-42" target="_blank" rel="noreferrer noopener">November 8</a></li>
<li><a href="https://www.benzinga.com/general/space/24/11/42013739/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-43" target="_blank" rel="noreferrer noopener">November 15</a></li>
<li><a href="https://www.benzinga.com/trading-ideas/24/11/42144099/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-44" target="_blank" rel="noreferrer noopener">November 22</a></li>
<li><a href="https://www.benzinga.com/real-estate/reit/24/11/42250431/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-45">November 29</a></li>
</ul>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/top-stories/24/10/41461461/exclusive-soundhound-ai-wants-to-voice-enable-the-world-for-effortless-conversations-between-people">EXCLUSIVE: SoundHound AI Wants To &#8216;Voice-Enable The World&#8217; For Effortless Conversations Between People, Products</a></li>
</ul>

Biotech

Health Care

Exclusives

Tech

$BTC

MARA

MSTR

ORCL

SOUN

TARA

Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet

Shares of Trade Desk Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTD#NASDAQ">TTD</a>) are up 8% to $139.51 this week following reports of a potential merger with streaming giant Roku Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROKU#NASDAQ">ROKU</a>).
The speculation comes as Trade Desk accelerates its expansion into the connected TV (CTV) market with the recent launch of its Ventura OS, unveiled on November 20.
What To Know: Analysts at Guggenheim Securities highlighted the <a href="https://www.benzinga.com/general/entertainment/24/12/42278221/trade-desk-shares-are-on-the-rise-today-what-you-need-to-know">strategic appeal of such a merger</a>. They noted that integrating Trade Desk&#8217;s demand-side advertising platform with Roku's global streaming footprint, spanning over 85 million households, could significantly enhance both companies' positions in the competitive CTV space.
Read Also: <a href="https://www.benzinga.com/insights/options/24/12/42271421/what-the-options-market-tells-us-about-trade-desk">What The Options Market Tells Us About Trade Desk</a>
The merger could bolster Trade Desk's ambitions for Ventura OS while improving Roku's ability to monetize its advertising inventory, potentially positioning the combined entity as a formidable rival to Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) and Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>).
However, challenges remain. Roku's CEO Anthony Wood, who controls a substantial voting share, would need to approve any deal. Analysts also cautioned that merging could raise conflicts of interest for Trade Desk, particularly regarding fair treatment of advertising clients.
While no official talks have been confirmed, the news underscores overlapping goals between the two companies, particularly in navigating competition from dominant players like Amazon and Alphabet.
Read Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42336184/exclusive-bitcoin-crossing-100000-is-a-defining-moment-experts-say">EXCLUSIVE: Bitcoin Crossing $100,000 Is A &#8216;Defining Moment,&#8217; Experts Say</a>
<h2 class="wp-block-heading">How To Buy TTD Stock</h2>
By now you're likely curious about how to participate in the market for Trade Desk &#8211; be it to purchase shares, or even attempt to bet against the company.
Buying shares is typically done through a brokerage account. You can find a list of <a href="https://www.benzinga.com/money/best-stock-trading-platforms">possible trading platforms here.</a> Many will allow you to buy ‘fractional shares,' which allows you to own portions of stock without buying an entire share. For example, some stock, like Berkshire Hathaway, can cost thousands of dollars to own just one share. However, if you only want to invest a fraction of that, brokerages will allow you to do so.
In the the case of Trade Desk, which is trading at $139.51 as of publishing time, $100 would buy you 0.72 shares of stock.
If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to ‘go short' a share of stock by lending you the shares to sell. The process of shorting a <a href="https://www.benzinga.com/money/how-to-short-a-stock">stock can be found at this resource.</a> Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading &#8211; either way it allows you to profit off of the share price decline.
According to data from&nbsp;<a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, TTD has a 52-week high of $141.53 and a 52-week low of $61.48.

AMZN

Why Trade Desk (TTD) Stock Is Up 8% This Week

Roku, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROKU#NASDAQ">ROKU</a>) shares are trading higher Wednesday on analyst commentary from Needham &amp; Co., which maintained a &#8220;Buy&#8221; rating and reiterated a price target of $100. Here&#8217;s what <a href="https://www.benzinga.com/quote/ROKU/news">you need to know.</a>
What To Know: The analyst, Laura Martin, highlighted Roku as a potential acquisition target for several categories of buyers. Martin emphasized that Roku's unique data assets, installed base and pricing power make it a standout candidate in the connected TV (CTV) space. She noted that Roku, with TVs in 85 million homes as of third-quarter 2024, has a significantly larger installed base compared to Vizio's 19 million. Roku also benefits from its aggregated consumer viewing data, which has not yet been separately monetized.
Martin further pointed to Roku's pricing leverage, derived from its position as the operator of the Roku Channel, which retains 50% of ad revenues generated from third-party content. This, she said, underscores the company&#8217;s negotiating power in ad sales. Additionally, Roku's recent entry into branded TV manufacturing has gained traction, particularly after Walmart's acquisition of Vizio.
Martin stated that Roku remains the only scaled CTV platform available for acquisition, contrasting it with competitors like Amazon, Google and Samsung, whose platforms are not up for sale. She also argued that the platform's unique data and ecosystem integration position it as a valuable target for companies such as Netflix, The Trade Desk or large retail media networks like Amazon or Walmart.
The commentary comes amid broader industry shifts, including Walmart&#8217;s $2.3 billion acquisition of Vizio, finalized yesterday and Amazon's push into ad-supported Prime Video. Martin suggested that such developments could further elevate Roku's strategic importance in the market.
Roku's market cap currently stands at $10.99 billion, with a 52-week trading range of $48.33 to $108.84. 
ROKU Price Action: Roku shares were up 10.1% at $83.34 at the time of writing, according to<a href="https://pro.benzinga.com/dashboard"> Benzinga Pro.</a>
<figure class="wp-block-image size-large is-resized"><a href="https://benzinga.slack.com/archives/D072651PB4K/p1733167806337199"><img loading="lazy" decoding="async" width="1024" height="532" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/04142245/Screenshot-2024-12-04-142224-1024x532.png" alt="" class="wp-image-677199" style="width:477px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/04142245/Screenshot-2024-12-04-142224-1024x532.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/04142245/Screenshot-2024-12-04-142224-300x156.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/04142245/Screenshot-2024-12-04-142224-768x399.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/04142245/Screenshot-2024-12-04-142224.png 1174w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
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Image Via Shutterstock.

Roku Shares Are On The Rise Today: What You Need To Know

U.S. stocks were higher, with the Dow Jones index gaining more than 150 points on Wednesday.
Shares of Pure Storage Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSTG#NYSE">PSTG</a>) gained 26.1% to $67.48 after the company reported better-than-expected third-quarter financial results and issued fourth-quarter <a href="https://www.benzinga.com/news/earnings/24/12/42303442/pure-storage-shares-soar-after-strong-q3-q4-guidance-above-estimates-details">guidance above estimates</a>.
Pure Storage reported quarterly earnings of 50 cents per share, which beat the analyst consensus estimate of 42 cents. Quarterly revenue came in at $831.07 million which beat the consensus estimate of $818.14 million and is an increase over sales of $762.84 million from the same period last year.
Pure Storage shares jumped 26.1% to $67.48 on Wednesday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>Cross Country Healthcare, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCRN#NASDAQ">CCRN</a>) shares gained 61.9% to $18.07 after Aya Healthcare announced a definitive agreement to acquire the company for approximately $615 million.</li>
<li>Altimmune Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALT#NASDAQ">ALT</a>) surged 22.4% to $10.76.</li>
<li>Marvell Technology Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) climbed 22% to $117.05 as the company reported better-than-expected third-quarter financial results and issued fourth-quarter guidance above estimates on Tuesday.</li>
<li>Hesai Group – ADR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HSAI#NASDAQ">HSAI</a>) gained 20.6% to $9.65.</li>
<li>Stoke Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STOK#NASDAQ">STOK</a>) jumped 15.2% to $13.17 after the company announced it received breakthrough therapy designation status from the FDA for Zorevuvnersen.</li>
<li>Navitas Semiconductor Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVTS#NASDAQ">NVTS</a>) rose 15.1% to $3.6150.</li>
<li>Bitdeer Technologies Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTDR#NASDAQ">BTDR</a>) climbed 14.6% to $16.97.</li>
<li>MaxLinear, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MXL#NASDAQ">MXL</a>) gained 14.2% to $19.85.</li>
<li>Microvast Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MVST#NASDAQ">MVST</a>) gained 14.2% to $1.61.</li>
<li>Zeta Global Holdings Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZETA#NASDAQ">ZETA</a>) rose 13.3% to $27.10 after the company announced a 106% year-over-year usage increase for its marketing platform from Thanksgiving to Cyber Monday.</li>
<li>SoundHound AI, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOUN#NASDAQ">SOUN</a>) gained 12.4% to $9.99.</li>
<li>Roku, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROKU#NASDAQ">ROKU</a>) rose 10.2% to $83.41. Needham maintained a Buy rating on the stock.</li>
<li>Salesforce, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>) gained 9.2% to $362.05 following third-quarter results.</li>
<li>Powell Industries, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POWL#NASDAQ">POWL</a>) surged 8.8% to $292.50.</li>
<li>UiPath Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PATH#NYSE">PATH</a>) rose 8.5% to $15.61.</li>
<li>JetBlue Airways Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBLU#NASDAQ">JBLU</a>) gained 7.2% to $6.49.</li>
<li>MongoDB, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDB#NASDAQ">MDB</a>) rose 6.6% to $345.27 after Baird maintained an Outperform rating on the stock and raised its price target from $305 to $380.</li>
</ul>
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<li><a href="https://www.benzinga.com/24/12/42314096/att-to-rally-around-14-here-are-10-top-analyst-forecasts-for-wednesday">AT&amp;T To Rally Around 14%? Here Are 10 Top Analyst Forecasts For Wednesday</a></li>
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Intraday Update

Markets

BTDR

CCRN

HSAI

JBLU

MVST

NVTS

PATH

POWL

STOK

ZETA

Pure Storage Posts Upbeat Results, Joins Cross Country Healthcare, Marvell Technology, Stoke Therapeutics And Other Big Stocks Moving Higher On Wednesday

WIIM

Roku shares are trading higher. Needham maintained a Buy rating on the stock.

Needham analyst Laura Martin maintains Roku (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROKU#NASDAQ">ROKU</a>) with a Buy and maintains $100 price target.

Needham Maintains Buy on Roku, Maintains $100 Price Target

Deep-pocketed investors have adopted a bullish approach towards Roku (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROKU#NASDAQ">ROKU</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in ROKU usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 13 extraordinary options activities for Roku. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 53% leaning bullish and 38% bearish. Among these notable options, 5 are puts, totaling $206,820, and 8 are calls, amounting to $362,820.
<h3>Predicted Price Range</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $35.0 to $100.0 for Roku over the recent three months. 
<h3>Volume &amp; Open Interest Development</h3>
In terms of liquidity and interest, the mean open interest for Roku options trades today is 1416.18 with a total volume of 4,185.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Roku's big money trades within a strike price range of $35.0 to $100.0 over the last 30 days.
<h3>Roku Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1733256948_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>ROKU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$0.77</td>
<td>$0.76</td>
<td>$0.77</td>
<td>$95.00</td>
<td>$92.7K</td>
<td>3.6K</td>
<td>1.1K</td>
</tr>
<tr>
<td>ROKU</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$7.25</td>
<td>$7.15</td>
<td>$7.15</td>
<td>$80.00</td>
<td>$62.9K</td>
<td>2.5K</td>
<td>105</td>
</tr>
<tr>
<td>ROKU</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$17.75</td>
<td>$17.6</td>
<td>$17.75</td>
<td>$90.00</td>
<td>$56.8K</td>
<td>190</td>
<td>36</td>
</tr>
<tr>
<td>ROKU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$19.5</td>
<td>$18.85</td>
<td>$19.5</td>
<td>$65.00</td>
<td>$50.7K</td>
<td>375</td>
<td>26</td>
</tr>
<tr>
<td>ROKU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$1.2</td>
<td>$1.09</td>
<td>$1.2</td>
<td>$90.00</td>
<td>$48.0K</td>
<td>7.7K</td>
<td>560</td>
</tr>
</tbody>
</table>

<h3>About Roku</h3>
Roku enables consumers to stream television programming. It has more than 80 million streaming households and provided well over 100 billion streaming hours in 2023. Roku is the top streaming operating system in the US, reaching more than half of broadband households, according to the company. Roku's OS is built into streaming devices and televisions that Roku sells and on connected televisions from other manufacturers that license Roku's name and software. Roku also operates the Roku Channel, a free, ad-supported streaming television platform that offers a mix of on-demand and live television programming. Roku generates revenue primarily from selling devices, licensing, and advertising, and it receives fees from subscription streaming platforms that sell subscriptions through Roku.
Having examined the options trading patterns of Roku, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Current Position of Roku</h3>
<ul>
<li>Currently trading with a volume of 2,919,535, the ROKU's price is down by -1.64%, now at $75.79. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 72 days.</li>
</ul>
<h3>What Analysts Are Saying About Roku</h3>
A total of 2 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $81.5.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Reflecting concerns, an analyst from UBS lowers its rating to Neutral with a new price target of $73. 
&#x2A; An analyst from Baird has elevated its stance to Outperform, setting a new price target at $90. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Roku, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Roku Unusual Options Activity

Trade Desk, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTD#NASDAQ">TTD</a>) shares traded higher Monday following reports of a possible merger with Roku, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROKU#NASDAQ">ROKU</a>). 
Analysts and investors are speculating on the potential strategic alignment between the two companies as the Trade Desk recently announced its entry into the connected TV (CTV) operating system market with its Ventura OS.
Here&#8217;s <a href="https://www.benzinga.com/quote/TTD/news">what you need to know.</a>
What Happened: Michael Morris and his team at Guggenheim Securities emphasized that combining the Trade Desk&#8217;s demand-side platform with Roku&#8217;s operating system and streaming household footprint — estimated at more than 85 million globally — could yield mutual benefits. He stated that the merger would accelerate the Trade Desk&#8217;s OS ambitions while enhancing Roku's ability to monetize its advertising inventory.
Morris also addressed the potential challenges of such a merger. He noted that Roku is a controlled company with CEO Anthony Wood holding a significant voting share, making his approval critical for any acquisition. Additionally, he pointed out potential conflicts of interest for the Trade Desk, particularly in ensuring fair treatment of advertising buyers if it were to acquire Roku's The Roku Channel inventory.
Despite these challenges, Morris concluded the benefits of consolidation outweigh the risks. He suggested that a merger could create a stronger entity capable of competing with tech giants like Alphabet and Amazon, particularly in the growing international markets.
This speculation follows the Trade Desk&#8217;s announcement of its Ventura OS on Nov. 20, 2024, as part of its broader strategy to strengthen its presence in the CTV market. While there is no confirmation of strategic discussions between the two companies, the market's reaction reflects optimism about the potential synergies a merger could bring.
The analyst also noted Ventura OS aims to address key challenges in the CTV ecosystem, including user experience improvements, streamlined advertising and supply chain enhancements. However, Guggenheim Securities stated that the OS would face significant barriers to adoption due to competition from incumbents like Roku, Alphabet and Amazon, as well as entrenched consumer preferences for existing platforms.
Morris highlighted that while Ventura OS represents a competitive threat to Roku, it also underscores the overlapping goals of both companies in the CTV advertising market. He noted Amazon and Alphabet&#8217;s vertically integrated dominance in the sector is a shared challenge for the Trade Desk and Roku.
TTD Price Action: Trade Desk shares closed Monday up 5.14% at $135.16, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro.</a>
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="537" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/02133621/TTD-1024x537.png" alt="" class="wp-image-672986" style="width:510px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/02133621/TTD-1024x537.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/02133621/TTD-300x157.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/02133621/TTD-768x402.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/02133621/TTD.png 1168w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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Photo: Shutterstock.

Entertainment

Media

Trade Desk Shares Are On The Rise Today: What You Need To Know

Roku shares are trading higher amid reports of analyst speculation of a possible merger with Trade Desk.

Wall Street started the week and the final month of the year on a mixed note, as a tech-driven rally clashed with broader market weakness. Mega-cap tech stocks and semiconductors led gains, driving the Nasdaq 100 to retest its all-time high of 21,180 points, last reached <a href="https://www.benzinga.com/topic/tech-stocks">on Nov. 11, 2024.</a>
Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) climbed 1% on Monday, extending its rally to fresh all-time highs as investors bet on strong holiday-season sales for the Cupertino-based tech giant.
However, outside of growth sectors, the market showed weakness. All sectors except tech, communication services and consumer discretionary fell Monday, signaling uneven market performance.
The ISM Manufacturing PMI beat expectations but remained in contraction territory for the eighth consecutive month, reflecting a<a href="https://www.benzinga.com/24/12/42270045/us-manufacturing-output-tops-forecasts-in-november-is-the-sectors-crisis-over"> still-challenging industrial sentiment.</a>
The U.S. dollar surged 0.8%, driven by a weakening euro amid rising fiscal and political risks in France. Meanwhile, gold prices slipped 0.6% to close the day at $2,635 per ounce, and crude oil held steady near $68 per barrel.
In the crypto space, Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) fell 2.1% to trade around $95,000, retreating from its recent highs as traders locked in profits.
<h1 class="wp-block-heading">Monday&#8217;s Performance In Major U.S. Indices, ETFs</h1>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>Chg %</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>21,164.54</td>
<td>1.1%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>6,045.89</td>
<td>0.2%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,428.76</td>
<td>-0.2%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>44,773.43</td>
<td>-0.4%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 1:11 p.m. ET</figcaption></figure>
According to&nbsp;<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent120224&amp;t=be2bearmibe3na1">Benzinga Pro</a>&nbsp;data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) rose 0.2% to $603.55.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)&nbsp;fell 0.4% to $448.52.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) rallied 1.1% to $515.49.</li>
<li>The&nbsp;iShares Russell 2000 ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) eased 0.2% to $241.45.</li>
<li>The&nbsp;Technology Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>) outperformed, rising 1.1%; the&nbsp;Utilities Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLU#NYSE">XLU</a>) lagged, down 1.8%.</li>
</ul>
<h1 class="wp-block-heading">Monday&#8217;s Stock Movers</h1>
<ul>
<li>Stellantis NV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STLA#NYSE">STLA</a>) tumbled by nearly 7% in reaction<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42273230/stellantis-market-value-halves-in-2024-why-ceo-tavares-exit-could-take-things-from-bad-to-worse"> to the resignation of its former CEO Carlos Tavares</a>. </li>
<li>Intel Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NYSE">INTC</a>) climbed 3% after CEO Pat Gelsinger was ousted less than four years into <a href="https://www.benzinga.com/24/12/42267115/intel-stock-is-moving-higher-monday-whats-going-on">his tenure at the helm of the company.</a></li>
<li>Roku (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROKU#NASDAQ">ROKU</a>) jumped 7% on Monday, fueled by strong retail momentum during Black Friday 2024. The company&#8217;s branded TVs gained significant visibility at major retailers like Best Buy, Target and Walmart.</li>
</ul>
Read Now:
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<li><a href="https://www.benzinga.com/24/12/42269611/dollar-enters-its-most-bearish-month-of-the-year-could-december-2024-be-any-different">Dollar Enters Its Most Bearish Month Of The Year: Could December 2024 Be Any Different?</a></li>
</ul>
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Tech Stocks Rise, Apple Tops Record Highs, Dollar Surges, Bitcoin Falls To $95,000: What's Driving Markets Monday?

Roku's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ROKU#NYSE">ROKU</a>) short percent of float has risen 40.13% since its last report. The company recently reported that it has 12.52 million shares sold short, which is 11.0% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.92 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Roku Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732822217_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Roku has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Roku's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Roku's peer group average for short interest as a percentage of float is 8.39%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Peering Into Roku's Recent Short Interest

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5846ee56ee7bf6000154d12e/tom-nikic">Needham analyst Tom Nikic</a> initiated coverage on NIKE, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) with a Buy rating and announced a price target of $84. Nike shares closed at $75.10 on Thursday. See how other analysts view this stock.</li>
<li>JP Morgan analyst Bennett Moore initiated coverage on Carpenter Technology Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRS#NYSE">CRS</a>) with an Overweight rating and announced a price target of $220. Carpenter Tech shares closed at $180.71 on Thursday. <a href="https://www.benzinga.com/quote/CRS/analyst-ratings">See how other analysts view this stock.</a></li>
<li>B of A Securities analyst Tyler DuPont initiated coverage on Kyndryl Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KD#NYSE">KD</a>) with a Buy rating and announced a price target of $40. Kyndryl shares closed at $32.49 on Thursday. <a href="https://www.benzinga.com/quote/KD/analyst-ratings">See how other analysts view this stock.</a></li>
<li>UBS analyst John Hodulik initiated coverage on Roku, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROKU#NASDAQ">ROKU</a>) with a Neutral rating and announced a price target of $73. Roku shares closed at $68.68 on Thursday. <a href="https://www.benzinga.com/quote/ROKU/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Wells Fargo analyst Joe Quatrochi initiated coverage on Arm Holdings plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>) with an Overweight rating and announced a price target of $155. ARM shares closed at $133.14 on Thursday. <a href="https://www.benzinga.com/quote/ARM/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying NKE stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="544" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22085052/image-246-1024x544.png" alt="" class="wp-image-660970" style="width:666px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22085052/image-246-1024x544.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22085052/image-246-300x159.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22085052/image-246-768x408.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22085052/image-246.png 1255w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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Initiation

Pre-Market Outlook

This Nike Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Friday

Alicia Reese, an analyst from Wedbush, maintained the Buy rating on Roku (ROKU – Research Report). The associated price target was raised to $100.0...

Roku's Strategic Expansion and Profitability Trajectory Make It an Attractive Investment

Loop Capital raised the firm's price target on Roku (ROKU) to $80 from $70 but keeps a Hold rating on the shares. The firm does not believe that th...

Roku price target raised to $80 from $70 at Loop Capital

UBS analyst John Hodulik keeps a Neutral rating on Roku (ROKU) with a $73 price target after the company's CFO Dan Jedda presented at its conferenc...

Roku expects to continue doing business with Walmart, says UBS

Roku, Inc. (ROKU) UBS Global Media and Communications Conference - (Transcript)

A Blockbuster Thanksgiving At The Box Office: Grab Your Popcorn For Upcoming Movie Release Data

he digital entertainment industry is rapidly evolving, with new innovations being introduced almost every day. In this ever-changing dynamic, fundamentally solid entertainment stocks Amazon (AMZN), Netflix (NFLX), and Roku (ROKU) could be solid buys. Keep reading... The digital entertainment industry is a rapidly evolving sector shaped by advancements in streaming technology, increasing global internet penetration, and rising consumer demand for on-demand content. So, quality streaming stocks Amazon.com, Inc. (<a href="https://stocknews.com/stock/AMZN/">AMZN</a>), Netflix, Inc. (<a href="https://stocknews.com/stock/NFLX/">NFLX</a>), and Roku, Inc. (<a href="https://stocknews.com/stock/ROKU/">ROKU</a>), which are capitalizing on these trends, introducing innovative solutions to meet the dynamic preferences of global audiences, might be ideal buys now.
The increasing consumption of online content and subscriptions to video streaming platforms are driven by the convenience and variety they offer. Additionally, the rise of remote work and rapid technological advancements are boosting the prospects of digital entertainment platforms.
Current trends in the U.S. suggest that consumer engagement with over-the-top (OTT) services will soar to an impressive <a href="https://smart1marketing.com/blog/the-rise-of-ott-viewing-in-the-u.s.-a-2024-outlook">254.2 million</a> people this year.
Further, the growing popularity of subscription-based models and the integration of interactive features have significantly influenced the industry, driving the expansion of streaming platforms and digital content consumption. Additionally, the rise of smart devices and enhanced connectivity has made digital entertainment more accessible than ever.
In 2024, the global online entertainment market size was estimated at approximately <a href="https://www.precedenceresearch.com/online-entertainment-market">$101.82 billion</a> and is projected to grow at a CAGR of 12.8% between 2024 and 2034, reaching $338.96 billion.
Considering these conducive trends, let's examine the Digital Entertainment stocks in detail.
Amazon.com, Inc. (<a href="https://stocknews.com/stock/AMZN/">AMZN</a>)
AMZN operates globally through its retail, advertising, and subscription services. It is a major player in the entertainment sector, driven by its diverse portfolio that spans streaming, digital media, gaming, and entertainment services. As the parent company of Amazon Prime Video, it offers a broad library of movies, TV shows, and original content, alongside premium offerings like sports events through Amazon Prime Sports. Amazon also invests heavily in gaming, particularly through its ownership of Twitch, a leading live-streaming platform for gamers.
AMZN's revenue has grown at a CAGR of 10.6% over the past three years and its operation income has risen at a CAGR of 28.9% over the same time frame.
On December 9, AMZN and Intuit Inc. (<a href="https://stocknews.com/stock/INTU/">INTU</a>) announced a multi-year partnership to support Amazon sellers with Intuit's AI-driven platform, offering financial management tools, compliance support, and capital access. This collaboration aims to provide sellers with insights into profitability, cash flow, and tax liabilities to drive business growth.
On December 5, AWS (Amazon Web Services) and Poolside announced a multi-year partnership to integrate Poolside's generative AI Assistant into Amazon Bedrock, enabling enterprises to customize AI tools for software development with their data while leveraging AWS's secure and scalable infrastructure.
During the fiscal third quarter that ended September 30, 2024, AMZN's total net sales increased 11% year-over-year to $158.88 billion. Its <a href="https://www.investopedia.com/terms/o/operatingincome.asp">operating income</a> grew 55.6% from the year-ago value to $17.41 billion. In addition, the company's net income and EPS came in at $15.33 billion and $1.43, up 55.2% and 52.1% over the prior-year quarter, respectively.
Analysts expect AMZN's EPS and revenue for the fourth quarter ending December 31, 2024, to increase 47.3% and 10.2% year-over-year to $1.47 and $187.24 billion, respectively. It surpassed the Street EPS estimates in each of the trailing four quarters, which is promising.
Over the past year, the stock has gained 54.3% to close the last trading session at $225.04. It soared 48.1% year-to-date.
AMZN's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect its robust outlook. The stock has an overall rating of B, equating to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 distinct factors, with each factor weighted to an optimal degree.
AMZN has an A grade in Sentiment and a B in Growth, Momentum, and Quality. It is ranked #14 out of 52 stocks in the A-rated <a href="https://stocknews.com/category/internet/">Internet</a> industry.
Beyond what we have stated above, we also have given AMZN grades for Value and Stability. Get all the AMZN's ratings <a href="https://stocknews.com/stock/AMZN/">here</a>.
Netflix, Inc. (<a href="https://stocknews.com/stock/NFLX/">NFLX</a>)
NFLX delivers a diverse range of entertainment products, including TV series, documentaries, feature films, and games, catering to audiences across various genres and languages.
NFLX's revenue has grown at a CAGR of 9.5% over the past three years and its operation income has risen at a CAGR of 13.9% over the same time frame.
On December 3, NFLX and Domino's Pizza (<a href="https://stocknews.com/stock/DPZ/">DPZ</a>) teamed to promote the upcoming Squid Game season two by offering free Emergency Pizza for a year to low-scoring players at Squid Game: The Experience.
During the fiscal third quarter that ended September 30, 2024, NFLX's revenue increased 15% year-over-year to $9.83 million. Its operating income grew 51.8% from the year-ago value to $2.91 million. In addition, the company's net income and EPS came in at $2.36 million and $5.40, up 41% and 44.8% over the prior-year quarter, respectively.
Analysts expect NFLX's EPS and revenue for the fourth quarter ending December 31, 2024, to increase 100.1% and 14.8% year-over-year to $4.22 and $10.14 billion, respectively. It surpassed the Street revenue estimates in each of the trailing four quarters.
Over the past year, the stock has gained 98.6% to close the last trading session at $913.35. It soared 87.6% year-to-date.
NFLX's POWR Ratings reflect strong prospects. The stock has an overall rating of B, equating to a Buy in our proprietary rating system.
NFLX has a B grade in Quality. It is ranked #19 out of 52 stocks in the Internet industry.
Beyond what we have stated above, we also have given NFLX grades for Growth, Value, Momentum, Stability, and Sentiment. Get all the NFLX's ratings <a href="https://stocknews.com/stock/NFLX/">here</a>.
Roku, Inc. (<a href="https://stocknews.com/stock/ROKU/">ROKU</a>)
ROKU operates a TV streaming platform, offering digital advertising and streaming services through its Platform segment and selling streaming players, Roku TVs, and smart home products through its Devices segment.
ROKU's revenue has grown at a CAGR of 15.2% over the past three years and its total assets have risen at a CAGR of 3.2% over the same time frame.
On October 9, ROKU and Instacart expanded their partnership to make TV moments shoppable, offering CPG advertisers interactive ads, better targeting, and closed-loop measurement while delivering personalized shopping experiences to consumers.
ROKU's total net revenue increased 16.5% year-over-year to $1.06 billion in the fiscal 2024 third quarter that ended on September 30, 2024. Its total gross profit came in at $480.1 million, up 30.2% year-over-year, while its free cash flow grew 56.1% from the year-ago value to $157.35 million.
Street expects ROKU's revenue for the fiscal fourth quarter (ending December 31, 2024) to increase 16.1% year-over-year to $1.14 billion. Its EPS for the same quarter is expected to grow 23.4% from the prior year. In addition, it surpassed the consensus revenue estimates in each of the trailing four quarters.
Shares of ROKU have gained 41.4% over the past six months to close the last trading session at $81.82.
ROKU's bright prospects are apparent in its POWR Ratings.
The company operates within the <a href="https://stocknews.com/category/consumer-goods/">Consumer Goods</a> industry and is ranked #44 out of 56 stocks.
Click <a href="https://stocknews.com/stock/ROKU/">here</a> to see ROKU's ratings for Growth, Value, Stability, Sentiment, Momentum, and Quality.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
AMZN shares rose $0.21 (+0.09%) in premarket trading Wednesday. Year-to-date, AMZN has gained 48.11%, versus a 28.02% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Kritika Sarmah</h2> <img src='https:/wp-content/uploads/2022/08/Kritika-Sarmah_Image-3.jpg' style="float:left; padding:5px;width:125px;">Her interest in risky instruments and passion for writing made Kritika an analyst and financial journalist. She earned her bachelor's degree in commerce and is currently pursuing the CFA program. With her fundamental approach, she aims to help investors identify untapped investment opportunities.<a href="https://stocknews.com/authors/?author=kritika-sarmah">More...</a>The post <a href=https://stocknews.com/news/amzn-nflx-roku-3-digital-entertainment-companies-capitalizing-on-streaming-growth/>3 Digital Entertainment Companies Capitalizing on Streaming Growth</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Digital Entertainment Companies Capitalizing on Streaming Growth

Roku (ROKU) and FreeWheel, a Comcast (CMCSA) company, announced they've expanded their programmatic partnership to make Roku content, including The...

Roku, FreeWheel expand programmatic partnership

The digital entertainment industry is rapidly evolving, with new innovations being introduced almost every day. In this ever-changing dynamic, fundamentally solid entertainment stocks Amazon (AMZN), Netflix (NFLX), and Roku (ROKU) could be solid buys. Keep reading... The digital entertainment industry is a rapidly evolving sector shaped by advancements in streaming technology, increasing global internet penetration, and rising consumer demand for on-demand content. So, quality streaming stocks Amazon.com, Inc. (<a href="https://stocknews.com/stock/AMZN/">AMZN</a>), Netflix, Inc. (<a href="https://stocknews.com/stock/NFLX/">NFLX</a>), and Roku, Inc. (<a href="https://stocknews.com/stock/ROKU/">ROKU</a>), which are capitalizing on these trends, introducing innovative solutions to meet the dynamic preferences of global audiences, might be ideal buys now.
The increasing consumption of online content and subscriptions to video streaming platforms are driven by the convenience and variety they offer. Additionally, the rise of remote work and rapid technological advancements are boosting the prospects of digital entertainment platforms.
Current trends in the U.S. suggest that consumer engagement with over-the-top (OTT) services will soar to an impressive <a href="https://smart1marketing.com/blog/the-rise-of-ott-viewing-in-the-u.s.-a-2024-outlook">254.2 million</a> people this year.
Further, the growing popularity of subscription-based models and the integration of interactive features have significantly influenced the industry, driving the expansion of streaming platforms and digital content consumption. Additionally, the rise of smart devices and enhanced connectivity has made digital entertainment more accessible than ever.
In 2024, the global online entertainment market size was estimated at approximately <a href="https://www.precedenceresearch.com/online-entertainment-market">$101.82 billion</a> and is projected to grow at a CAGR of 12.8% between 2024 and 2034, reaching $338.96 billion.
Considering these conducive trends, let's examine the Digital Entertainment stocks in detail.
Amazon.com, Inc. (<a href="https://stocknews.com/stock/AMZN/">AMZN</a>)
AMZN operates globally through its retail, advertising, and subscription services. It is a major player in the entertainment sector, driven by its diverse portfolio that spans streaming, digital media, gaming, and entertainment services. As the parent company of Amazon Prime Video, it offers a broad library of movies, TV shows, and original content, alongside premium offerings like sports events through Amazon Prime Sports. Amazon also invests heavily in gaming, particularly through its ownership of Twitch, a leading live-streaming platform for gamers.
AMZN's revenue has grown at a CAGR of 10.6% over the past three years and its operation income has risen at a CAGR of 28.9% over the same time frame.
On December 9, AMZN and Intuit Inc. (<a href="https://stocknews.com/stock/INTU/">INTU</a>) announced a multi-year partnership to support Amazon sellers with Intuit's AI-driven platform, offering financial management tools, compliance support, and capital access. This collaboration aims to provide sellers with insights into profitability, cash flow, and tax liabilities to drive business growth.
On December 5, AWS (Amazon Web Services) and Poolside announced a multi-year partnership to integrate Poolside's generative AI Assistant into Amazon Bedrock, enabling enterprises to customize AI tools for software development with their data while leveraging AWS's secure and scalable infrastructure.
During the fiscal third quarter that ended September 30, 2024, AMZN's total net sales increased 11% year-over-year to $158.88 billion. Its <a href="https://www.investopedia.com/terms/o/operatingincome.asp">operating income</a> grew 55.6% from the year-ago value to $17.41 billion. In addition, the company's net income and EPS came in at $15.33 billion and $1.43, up 55.2% and 52.1% over the prior-year quarter, respectively.
Analysts expect AMZN's EPS and revenue for the fourth quarter ending December 31, 2024, to increase 47.3% and 10.2% year-over-year to $1.47 and $187.24 billion, respectively. It surpassed the Street EPS estimates in each of the trailing four quarters, which is promising.
Over the past year, the stock has gained 54.3% to close the last trading session at $225.04. It soared 48.1% year-to-date.
AMZN's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect its robust outlook. The stock has an overall rating of B, equating to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 distinct factors, with each factor weighted to an optimal degree.
AMZN has an A grade in Sentiment and a B in Growth, Momentum, and Quality. It is ranked #14 out of 52 stocks in the A-rated <a href="https://stocknews.com/category/internet/">Internet</a> industry.
Beyond what we have stated above, we also have given AMZN grades for Value and Stability. Get all the AMZN's ratings <a href="https://stocknews.com/stock/AMZN/">here</a>.
Netflix, Inc. (<a href="https://stocknews.com/stock/NFLX/">NFLX</a>)
NFLX delivers a diverse range of entertainment products, including TV series, documentaries, feature films, and games, catering to audiences across various genres and languages.
NFLX's revenue has grown at a CAGR of 9.5% over the past three years and its operation income has risen at a CAGR of 13.9% over the same time frame.
On December 3, NFLX and Domino's Pizza (<a href="https://stocknews.com/stock/DPZ/">DPZ</a>) teamed to promote the upcoming Squid Game season two by offering free Emergency Pizza for a year to low-scoring players at Squid Game: The Experience.
During the fiscal third quarter that ended September 30, 2024, NFLX's revenue increased 15% year-over-year to $9.83 million. Its operating income grew 51.8% from the year-ago value to $2.91 million. In addition, the company's net income and EPS came in at $2.36 million and $5.40, up 41% and 44.8% over the prior-year quarter, respectively.
Analysts expect NFLX's EPS and revenue for the fourth quarter ending December 31, 2024, to increase 100.1% and 14.8% year-over-year to $4.22 and $10.14 billion, respectively. It surpassed the Street revenue estimates in each of the trailing four quarters.
Over the past year, the stock has gained 98.6% to close the last trading session at $913.35. It soared 87.6% year-to-date.
NFLX's POWR Ratings reflect strong prospects. The stock has an overall rating of B, equating to a Buy in our proprietary rating system.
NFLX has a B grade in Quality. It is ranked #19 out of 52 stocks in the Internet industry.
Beyond what we have stated above, we also have given NFLX grades for Growth, Value, Momentum, Stability, and Sentiment. Get all the NFLX's ratings <a href="https://stocknews.com/stock/NFLX/">here</a>.
Roku, Inc. (<a href="https://stocknews.com/stock/ROKU/">ROKU</a>)
ROKU operates a TV streaming platform, offering digital advertising and streaming services through its Platform segment and selling streaming players, Roku TVs, and smart home products through its Devices segment.
ROKU's revenue has grown at a CAGR of 15.2% over the past three years and its total assets have risen at a CAGR of 3.2% over the same time frame.
On October 9, ROKU and Instacart expanded their partnership to make TV moments shoppable, offering CPG advertisers interactive ads, better targeting, and closed-loop measurement while delivering personalized shopping experiences to consumers.
ROKU's total net revenue increased 16.5% year-over-year to $1.06 billion in the fiscal 2024 third quarter that ended on September 30, 2024. Its total gross profit came in at $480.1 million, up 30.2% year-over-year, while its free cash flow grew 56.1% from the year-ago value to $157.35 million.
Street expects ROKU's revenue for the fiscal fourth quarter (ending December 31, 2024) to increase 16.1% year-over-year to $1.14 billion. Its EPS for the same quarter is expected to grow 23.4% from the prior year. In addition, it surpassed the consensus revenue estimates in each of the trailing four quarters.
Shares of ROKU have gained 41.4% over the past six months to close the last trading session at $81.82.
ROKU's bright prospects are apparent in its POWR Ratings.
The company operates within the <a href="https://stocknews.com/category/consumer-goods/">Consumer Goods</a> industry and is ranked #44 out of 56 stocks.
Click <a href="https://stocknews.com/stock/ROKU/">here</a> to see ROKU's ratings for Growth, Value, Stability, Sentiment, Momentum, and Quality.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
AMZN shares rose $0.21 (+0.09%) in premarket trading Wednesday. Year-to-date, AMZN has gained 48.11%, versus a 28.02% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Kritika Sarmah</h2> <img src='https:/wp-content/uploads/2022/08/Kritika-Sarmah_Image-3.jpg' style="float:left; padding:5px;width:125px;">Her interest in risky instruments and passion for writing made Kritika an analyst and financial journalist. She earned her bachelor's degree in commerce and is currently pursuing the CFA program. With her fundamental approach, she aims to help investors identify untapped investment opportunities.<a href="https://stocknews.com/authors/?author=kritika-sarmah">More...</a>The post <a href=https://stocknews.com/news/amzn-nflx-roku-3-digital-entertainment-companies-capitalizing-on-streaming-growth/>3 Digital Entertainment Companies Capitalizing on Streaming Growth</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

Morgan Stanley publishes top stocks for broader advertising and media going into 2025

In a report released yesterday, Cameron McVeigh from Morgan Stanley maintained a Sell rating on Roku (ROKU – Research Report), with a price target ...

Morgan Stanley Sticks to Its Sell Rating for Roku (ROKU)

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