Roku Achieves Goal Set by Analysts

Avatar photo

In recent trading, Roku Inc (Symbol: ROKU) shares reached $73.59, surpassing the average 12-month analyst target price of $73.08. Analysts are now faced with a decision to either downgrade their valuation or adjust their target prices higher based on the company’s performance.

There are 24 analysts contributing to Roku’s coverage, with forecasts ranging from a low of $41.00 to a high of $115.00, resulting in a standard deviation of $15.636. Most analysts maintain a positive outlook with 11 strong buy ratings, 1 buy, 10 holds, 1 sell, and 3 strong sell ratings, resulting in an average rating of 2.36 on a scale where 1 is a strong buy and 5 is a strong sell.

5 Stocks Our Experts Predict Could Double In the Next Year

By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.

The free Daily Market Overview 250k traders and investors are reading

Read Now