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ERROR: type should be string, got "https://www.barrons.com/articles/roku-stock-dips-ahead-of-earnings-but-bulls-stand-behind-it-1541523763\nRoku Stock Dips Ahead of Earnings, but Bulls Stand Behind It\nDavid Marino-Nachison\nNov. 6, 2018 12:02 pm ET\nCourtesy of Roku\nFall hasn’t been kind to Roku (ROKU) investors. But with the company scheduled to report earnings after the market closes on Wednesday, some bulls are telling investors the worst may be over.\nWith a fast growing number of paying subscribers for online content, China is driving the live-streaming revolution, said Patrick Grove, co-founder of iflix, a Southeast Asian video-streaming service, at The Wall Street Journal’s D.Live conference in Hong Kong.\n“New customers continued to join the platform at a robust rate,” KeyBanc Capital Markets analyst Evan Wingren wrote Monday. And “ad-supported streaming continues to see strong adoption. After the selloff, we view the setup as incrementally favorable.”\nRoku’s shares are up about 9% in 2018, though off more than 20% in the third quarter—and well below 52-week highs around $77. (The stock was down about 3% to near $55 late Tuesday morning.)\nWingren has an Overweight rating and an $81 price target on the stock, among the highest on Wall Street and well above the FactSet average of around $68.\nThe company has built businesses in software licensing, advertising—including the Roku Channel, an ad-supported free streaming offering—and subscription sales. For investors, its appeal lies in its growth, its position as a pure-play streaming-video alternative to Netflix (NFLX) and, to some degree, its potential as a takeover target.\n“We see it as a unique platform play on the growth in long-form, streaming video, with a strong competitive position and improving fundamentals,” Wingren wrote.\nWall Street expects Roku to report a quarterly loss of 11 cents a share, or 12 cents using standard accounting methods,according to FactSet. The net loss is expected to be $12.6 million, with about $170 million in sales.\nThe revenue figure is near the midpoint of the range in the company’s guidance, while the anticipated net loss is closer to the high end.\nRoku Stock Could Rally on Strong Sales of Its Streaming Video Players\nMorgan Stanley Is Buying Up Roku Stock\nRoku Stock Got Hammered This Month. A Rebound Could Be Coming\nMorgan Stanley recently revealed a 5.3% stake in Roku.\nOther analysts have also called the recent drop in Roku’s shares overdone. Tae Kim covered an upgrade last week from Wedbush’s Michael Pachter, while RBC Capital Markets’ Mark Mahaney issued a bullish outlook in mid-October.\nEmail David Marino-Nachison at david.marino-nachison@barrons.com. Follow him at @marinonachison and follow Barron’s Next at @barronsnext.\nFall hasn’t been kind to Roku (ROKU) investors."