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Roku Inc

Roku Inc Stock Forecast & Price Prediction

Live Roku Inc Stock (ROKU) Price
$69.03

30

Ratings

  • Buy 13
  • Hold 14
  • Sell 3
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$69.03

P/E Ratio

-13.78

Volume Traded Today

$1.5M

Dividend

Dividends not available for ROKU

52 Week High/low

108.84/48.33

Roku Inc Market Cap

$9.83B

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ROKU Summary

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 Analyst Ratings

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.

ROKU stock forecast by analyst

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

ROKU Company Information

What They Do: Operates a TV streaming platform.

Business Model: The company generates revenue through two main segments: Platform and Devices. The Platform segment earns money via digital advertising and revenue shares from streaming services, while the Devices segment focuses on selling streaming players, TVs, and smart home products.

Other Information: Founded in 2002 and headquartered in San Jose, California, Roku, Inc. operates both domestically and internationally, positioning itself as a key player in the digital streaming market.
ROKU
Roku Inc (ROKU)

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

Roku Inc (ROKU) Financial Data

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

N/A

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year

Revenue From 2023

$3.48B

0.00 %
From Previous Year
  • Revenue TTM $3.90B
  • Operating Margin TTM -1.6%
  • Gross profit TTM $1.52B
  • Return on assets TTM -3.1%
  • Return on equity TTM -7.2%
  • Profit Margin -4.4%
  • Book Value Per Share 16.95%
  • Market capitalisation $9.83B
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • Revenue for 2023 $3.48B
  • EPS this year (TTM) $-1.19

Roku Inc (ROKU) Latest News

News Image

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.

News Image

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.

News Image

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.

News Image

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.

News Image

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.

News Image

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.

...

ROKU Frequently asked questions

The highest forecasted price for ROKU is $100 from Cory Carpenter at JP Morgan.

The lowest forecasted price for ROKU is $50 from Laura Martin from Needham

The ROKU analyst ratings consensus are 13 buy ratings, 14 hold ratings, and 3 sell ratings.