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ROKU Stock Report - Roku Inc.

Roku Inc. logo Roku, Inc. (ROKU) is an American technology company that specializes in manufacturing digital media products such as streaming devices and smart TVs. Roku is based in San Jose, California, and was founded in 2002 by Anthony Wood. The company went public in 2017 and is traded on the NASDAQ stock exchange under the symbol ROKU.

Roku offers a variety of products that allow users to stream content from a variety of platforms such as Netflix, Amazon Prime Video, and Hulu. The company's products include Roku TV, which is a smart TV with built-in Roku technology, and the Roku streaming stick, which is a small device that can be plugged into a television to access streaming services.

In addition to its hardware products, Roku also offers a platform for content providers to distribute their programming through its operating system. This platform allows users to access thousands of channels of content, including free and paid channels.

Roku has experienced significant growth in recent years due to the increased popularity of streaming services and cord-cutting. The company reported revenue of $1.8 billion in 2020, an increase of 58% from the previous year. As of February 2023, Roku has a market capitalization of approximately $42 billion.


Stock Sector: Internet: Service Providers


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