Roku (ROKU) Stock Forecast, Price Targets and Analysts Predictions - TipRanks.com (2024)

Disclaimer: The TipRanks Smart Score performance is based on backtested results. Backtested performance is not an indicator of future actual results. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. General assumptions include: XYZ firm would have been able to purchase the securities recommended by the model and the markets were sufficiently liquid to permit all trading. Changes in these assumptions may have a material impact on the backtested returns presented. Certain assumptions have been made for modeling purposes and are unlikely to be realized. No representations and warranties are made as to the reasonableness of the assumptions. This information is provided for illustrative purposes only. Backtested performance is developed with the benefit of hindsight and has inherent limitations. Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. Since trades have not actually been executed, results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity, and may not reflect the impact that certain economic or market factors may have had on the decision-making process. Further, backtesting allows the security selection methodology to be adjusted until past returns are maximized. Actual performance may differ significantly from backtested performance. Backtested results are adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, are presented gross-of fees and do not include the effect of backtested transaction costs, management fees, performance fees or expenses, if applicable. Please note all regulatory considerations regarding the presentation of fees must be taken into account. No cash balance or cash flow is included in the calculation.

Roku (ROKU) Stock Forecast, Price Targets and Analysts Predictions - TipRanks.com (2024)

FAQs

Roku (ROKU) Stock Forecast, Price Targets and Analysts Predictions - TipRanks.com? ›

The highest analyst price target is $105.00 ,the lowest forecast is $60.00. The average price target represents 14.16% Increase from the current price of $65.41. Roku's analyst rating consensus is a Moderate Buy. This is based on the ratings of 17 Wall Streets Analysts.

What is Roku's forecast for 2024? ›

(NASDAQ: ROKU) Roku's forecast annual revenue growth rate of 10.29% is forecast to beat the US Entertainment industry's average forecast revenue growth rate of 5.26%, and it is also forecast to beat the US market's average forecast revenue growth rate of 9.31%. Roku's revenue in 2024 is $3,746,091,000.

Is Roku a buy hold or sell? ›

Roku stock has received a consensus rating of buy. The average rating score is and is based on 55 buy ratings, 20 hold ratings, and 15 sell ratings.

What is Roku's target price? ›

Roku Inc has a consensus price target of $79.08 based on the ratings of 27 analysts. The high is $116 issued by Cannonball Research on November 27, 2023. The low is $50 issued by Jefferies on May 2, 2024.

Who owns the most Roku stock? ›

What percentage of Roku (ROKU) stock is held by retail investors? According to the latest TipRanks data, approximately 16.92% of Roku (ROKU) stock is held by retail investors. Who owns the most shares of Roku (ROKU)? VANGUARD INDEX FUNDS owns the most shares of Roku (ROKU).

What is the stock market forecast for Roku in 2025? ›

According to analysts, ROKU price target is 71.48 USD with a max estimate of 105.00 USD and a min estimate of 50.00 USD.

Does Roku stock have a future? ›

ROKU Stock Forecast FAQ

Roku has 14.16% upside potential, based on the analysts' average price target. Roku has a consensus rating of Moderate Buy which is based on 8 buy ratings, 8 hold ratings and 1 sell ratings. The average price target for Roku is $74.67.

Is Roku in debt? ›

Analysis. Roku's total debt for fiscal years ending December 2019 to 2023 averaged 550.6 million. Roku's operated at median total debt of 521.7 million from fiscal years ending December 2019 to 2023. Looking back at the last 5 years, Roku's total debt peaked in December 2022 at 719.3 million.

What is the book value of Roku stock? ›

Roku's current price is $67.765. Its book value per share for the quarter that ended in Jun. 2024 was $16.52. Hence, today's PB Ratio of Roku is 4.10.

Is Roku fair value? ›

As of 2024-09-16, the Fair Value of Roku Inc (ROKU) is -85.22 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 74.69 USD, the upside of Roku Inc is -214.1%.

What is the intrinsic value of Roku stock? ›

As of 2024-09-11, the Intrinsic Value of Roku Inc (ROKU) is (226.40) USD. This ROKU valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 65.66 USD, the upside of Roku Inc is -444.8%. The range of the Intrinsic Value is (1,636.23) - (120.06) USD.

What are the earnings expectations for Roku stock? ›

Earnings Estimate
CURRENCY IN USDCurrent Qtr. (Sep 2024)Next Qtr. (Dec 2024)
Avg. Estimate-0.32-0.46
Low Estimate-0.5-0.68
High Estimate-0.1-0.06
Year Ago EPS-2.33-0.55
1 more row

Who is the parent company of Roku? ›

Roku (/ˈroʊkuː/ ROH-koo) is a brand owned by the American tech company Roku, Inc. It is used to market consumer electronic products such as smart TVs, streaming players (and their operating systems), as well as a free streaming service. Roku, Inc.

Does Roku make a profit? ›

For investors who like big, fat net profits, connected-TV platform company Roku (ROKU 3.30%) is a stock to steer clear of. After posting its first full-year net profit in 2021, the company followed it up in 2022 with a record loss of $531 million. In 2023, Roku beat this record with a new record loss of $710 million.

What company did Roku buy? ›

On January 8, 2021, Roku announced it would acquire rights to Quibi's content, for an amount less than $100 million, and that all of Quibi's 75 programs would be available on their streaming platform, The Roku Channel. On March 19, 2021, TZP Growth Partners completed the sale of This Old House Ventures to Roku.

What's coming to Roku in August 2024? ›

— August 7, 2024 — Introducing Roku Sports Channel—a new, free ad-supported channel that brings all of Roku's top-tier, premium sports content into a dedicated, one-click, lean-back experience for sports fans, launching on August 12 on America's #1 TV streaming platform*.

When should Roku be replaced? ›

If the model number is 3500 or lower, your Stick is no longer supported by Roku. Even the 3600 is now a seven year old device. If you have a 3500 or older, you probably just need to replace it. All models of Sticks do tend to run quite warm.

How long will my Roku TV last? ›

On average, a Roku device can last anywhere from 3 to 5 years. This lifespan can extend further depending on usage patterns and maintenance. For instance, a Roku TV used moderately in a home environment may last longer than a Roku stick used extensively in a busy setting.

What is the meta forecast for 2024? ›

Meta stock forecast 2024

Analysts are optimistic about Meta's business and stock price this year, projecting full-year earnings per share of $18.94. That's up from $14.51 in 2023. In addition, Meta analysts are calling for $144.2 billion in 2024 revenue.

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