ROKU - OTT ads - YouTube

Very interesting post on SeekingAlpha……

Roku +3.7% as D.A. Davidson looks for OTT positives
Apr. 30, 2020 10:22 AM ET|About: Roku, Inc. (ROKU)|By: Jason Aycock, SA News Editor

Roku (NASDAQ:ROKU) is up 3.7% after D.A. Davidson reiterated its Buy rating.

That move comes after the firm got a look at Alphabet’s Q1 results, pointing out some mixed implications for over-the-top video. On the one hand, branded ad revenue fell significantly in mid-March and further into April.

But in an OTT positive, YouTube revenues grew 33.5% Y/Y.

Davidson has a $150 price target on ROKU, implying 21% upside.

Street analysts are Bullish on ROKU, as are Seeking Alpha authors; the stock has a Quant Rating of Neutral.


Will be really interesting to understand what does YouTube 33% revenue growth translates to for ROKU’s platform revenue growth.

May be worth going back and comparing last few quarters…

Ofcourse its not apples to apples but YouTube should be more indicative of ROKU than say NFLX revenue or user base.