1) $roku

This q predicted to grow 25%, next q 30%. I cant imagine a world where they dont destroy earnings.

Roku’s last q’s rev growth:
Q3 19: 50%
Q4 19: 52%
Q1 20: 55% (included the March slowdown)

Clearly streaming is accelerating taking share from linear tv for ad $

2) $roku

With everyone sheltering in place I expect users to grow substantially especially with Hamilton being huge for Disney+. No sports means advertisers shifted from linear to their more flexible platform where ROI can be measured better & ppl targeted with tools linear lack

3) $roku

Last q they came out with new trials for CPG companies such as Kroger which opens up their platform to brand new types of clients for the first time. Dataxu (One View Platform) will also have huge impact on monetization, measurement, and targeting.

4) $roku

valuation: trading 6.5x 23 revs for which estimates are too low as analysts predict mid 30% growth next 3 yrs

With 70B/yr US ad market for linear & Roku only 740M last year for advertising & Covid accelerating cord cutting I think growth accelerates as they take share

5) $roku

As a comparison $pins was trading at the same valuation as $roku now heading into its earnings. Analysts also largely negative on $roku & its a shorted stock at 10% float. A blowout q with positive commentary could send stock to 200+ post earnings & 250 in short order