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Roku Inc Market Cap
From what 30 stock analysts predict, the share price for Roku Inc (ROKU) might increase by 12.56% in the next year. This is based on a 12-month average estimation for ROKU. Price targets go from $50 to $100. The majority of stock analysts believe ROKU is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
ROKU is a stock in Communication Services which has been forecasted to be worth $77.7028 as an average. On the higher end, the forecast price is $100 USD by Cory Carpenter from JP Morgan and on the lower end ROKU is forecasted to be $50 by Laura Martin from Needham.
These are the latest 20 analyst ratings of ROKU.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| John Hodulik UBS | Neutral | $73 | Initiates | Nov 22, 2024 |
| Vikram Kesavabhotla Baird | Outperform | $90 | Upgrade | Nov 18, 2024 |
| James Heaney Jefferies | Underperform | $55 | Maintains | Nov 1, 2024 |
| Alan Gould Loop Capital | Hold | $70 | Maintains | Oct 31, 2024 |
| Tim Nollen Macquarie | Outperform | $90 | Maintains | Oct 31, 2024 |
| Matt Farrell Piper Sandler | Neutral | $75 | Maintains | Oct 31, 2024 |
| Laura Martin Needham | Buy | $100 | Reiterates | Oct 31, 2024 |
| Steven Cahall Wells Fargo | Equal-Weight | $74 | Maintains | Oct 31, 2024 |
| Barton Crockett Rosenblatt | Neutral | $86 | Maintains | Oct 31, 2024 |
| Benjamin Swinburne Morgan Stanley | Underweight | $65 | Maintains | Oct 29, 2024 |
| Michael Pachter Wedbush | Outperform | $85 | Maintains | Oct 25, 2024 |
| Laura Martin Needham | Buy | $100 | Reiterates | Oct 22, 2024 |
| Cory Carpenter JP Morgan | Overweight | $92 | Maintains | Oct 10, 2024 |
| Tim Nollen Macquarie | Outperform | $90 | Maintains | Oct 3, 2024 |
| Vikram Kesavabhotla Baird | Neutral | $75 | Maintains | Sep 30, 2024 |
| Ruplu Bhattacharya B of A Securities | Buy | $90 | Maintains | Sep 30, 2024 |
| Jason Bazinet Citigroup | Neutral | $77 | Maintains | Sep 25, 2024 |
| Laura Martin Needham | Buy | $100 | Reiterates | Sep 18, 2024 |
| Cory Carpenter JP Morgan | Overweight | $90 | Maintains | Sep 18, 2024 |
| Laura Martin Needham | Buy | $100 | Reiterates | Sep 13, 2024 |
When did it IPO
2017
Staff Count
3,150
Country
United States
Sector/Industry
Communication Services/Entertainment
CEO
Mr. Anthony J. Wood
Market Cap
$9.83B
In 2023, ROKU generated $3.48B in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that ROKU's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Wed, 27 Nov 2024
Sentiment - NEUTRAL
Source - The Motley Fool
Summary - Netflix is a leading technology company and the benchmark in streaming. Roku, an early competitor, maintains its presence in the industry despite increased competition.
Why It Matters - Netflix's dominance signals strong growth potential in streaming, influencing competition and market dynamics, potentially impacting Roku's valuation and strategic positioning.
Tue, 26 Nov 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Roku (ROKU) is gaining attention from Zacks.com users, indicating increased interest in the stock's future performance. Investors may want to monitor developments closely.
Why It Matters - Increased attention from Zacks.com users may indicate growing interest or potential momentum for Roku, influencing stock performance and investment decisions.
Thu, 21 Nov 2024
Sentiment - POSITIVE
Source - The Motley Fool
Summary - Roku holds a strong market position but has struggled to achieve profitability.
Why It Matters - Roku's strong platform position highlights potential for growth, but ongoing unprofitability may raise concerns about future earnings and overall financial health.
Fri, 22 Nov 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Roku (ROKU) has been upgraded to Zacks Rank #2 (Buy), indicating increased optimism about its earnings prospects, potentially leading to a rise in the stock price.
Why It Matters - Roku's upgrade to a Zacks Rank #2 signals positive earnings expectations, likely boosting investor confidence and driving the stock price up.
Thu, 21 Nov 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - The FreeCast app has launched on Roku, featuring hyper-targeted advertising. Future updates will introduce video-on-demand (VOD) and AI search capabilities.
Why It Matters - The FreeCast app's launch on Roku signals potential advertising revenue growth and user engagement, enhancing the streaming landscape, which can impact investor sentiment in media and tech sectors.
Mon, 18 Nov 2024
Sentiment - NEUTRAL
Source - Investopedia
Summary - Roku (ROKU) shares rose after Baird analysts upgraded the stock rating, despite a disappointing fourth-quarter forecast.
Why It Matters - Roku's stock surge signals analyst confidence, potentially attracting more investment interest, despite a weaker forecast, indicating market volatility and differing investor sentiment.
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