We are raising our 12 month price target to $620 and maintain Buy rating. Our updated estimates are: Q1 FY25: we are modeling Advertising (Software Platform) revenue of $1,050m and Adjusted Ebitda of $819m, Apps…

We are updating our model following Q4 FY24 report. We are also raising our price target to $244 to reflect revised estimates. We currently expect RDDT to report the following results: Q1 FY25: Average Daily Uniques…

We are updating our estimates following Q4 FY24 report. Our rating and price target remain unchanged. Q1 FY25 We expect Platform revenue of $876m and gross profit of $463m, Devices revenue of $127m and gross profit…

A long-expected good quarter with the results and guidance supporting the bull thesis. The Platform segment gross margin of 54.1% hints at another ASC 606 adjustment. ROKU provides guidance for full FY2025 for revenue above…