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1 Chart That Will Change Your Mind on Roku Stock

Jeremy Bowman, The Motley Fool
·3 min read
1 Chart That Will Change Your Mind on Roku Stock

If you sold Roku (NASDAQ: ROKU) stock last year, you're not alone. After a boom during the pandemic, the stock crashed as revenue growth slowed significantly through 2022, and profits turned into losses after the company stepped up investments in its growth. The company just crossed 70 million active accounts on the platform earlier this month, adding 9.9 million new accounts in 2022, a year when subscriber growth was sluggish at major services like Netflix (NASDAQ: NFLX) and Walt Disney's Disney+.

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