Streaming Stocks To Keep An Eye On - October 11th

Key Points

• Five key streaming stocks to watch include Spotify Technology, Roku, Confluent, NetEase, and Tencent Music Entertainment Group, as they have shown the highest trading volume recently.
• Investors focus on metrics like subscriber growth, average revenue per user, and churn rates, which are crucial for assessing the long-term profitability of streaming services.
• Streaming stocks are considered volatile due to high upfront investments, but they can offer significant upside if a platform achieves widespread market adoption.

Spotify Technology, Roku, Confluent, NetEase, and Tencent Music Entertainment Group are the five Streaming stocks to watch today, according to MarketBeat's stock screener tool. Streaming stocks are shares of companies whose core business is delivering digital media—such as video, music or live events—over the internet on a continuous, on-demand basis. Investors in these names focus on key metrics like subscriber growth, average revenue per user and churn rates, since long-term profitability depends on scaling and retaining a large audience. Because of heavy upfront content and technology investment, streaming stocks can be volatile but offer significant upside if a platform achieves broad market adoption. These companies had the highest dollar trading volume of any Streaming stocks within the last several days.

Spotify Technology (SPOT)

Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide. It operates through two segments, Premium and Ad-Supported. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers.

Read Our Latest Research Report on SPOT

Roku (ROKU)

Roku, Inc., together with its subsidiaries, operates a TV streaming platform in the United states and internationally. The company operates in two segments, Platform and Devices. Its streaming platform allows users to find and access TV shows, movies, news, sports, and others. The Platform segment offers digital advertising, including direct and programmatic video advertising, media and entertainment promotional spending, and related services; and streaming services distribution, such as subscription and transaction revenue shares, and sale of premium subscriptions and branded app buttons on remote controls.

Read Our Latest Research Report on ROKU

Confluent (CFLT)

Confluent, Inc. operates a data streaming platform in the United States and internationally. The company provides platforms that allow customers to connect their applications, systems, and data layers, such as Confluent Cloud, a managed cloud-native software-as-a-service; and Confluent Platform, an enterprise-grade self-managed software.

Read Our Latest Research Report on CFLT

NetEase (NTES)

NetEase, Inc. engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally . The company operates through Games and Related Value-Added Services, Youdao, Cloud Music, and Innovative Businesses and Others segments.

Read Our Latest Research Report on NTES

Tencent Music Entertainment Group (TME)

Tencent Music Entertainment Group operates online music entertainment platforms to provide music streaming, online karaoke, and live streaming services in the People's Republic of China. It offers QQ Music, Kugou Music, and Kuwo Music that enable users to discover music in personalized ways; long-form audio content, including audiobooks, podcasts and talk shows, as well as music-oriented video content comprising music videos, live performances, and short videos; and WeSing, which enables users to sing along from its library of karaoke songs and share their performances in audio or video formats with friends.

Read Our Latest Research Report on TME

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