Roku Stock Price Prediction – ROKU Price Targets 2023-2026

Roku Stock Price Prediction
Roku Stock Price Prediction

In this blog post, we will take a look at Roku stock price prediction about where the stock price is headed. Furthermore, we’ll discuss a few of the factors influencing Roku’s popularity. Thus, let’s begin without further ado.

Roku is a company that is well-known for its streaming devices. The company has seen success with its products, and it looks like the future is bright for Roku. 

ROKU stock is currently trading at 60.52 USD. According to analysts, Roku’s per-share stock price will reach 66.96 USD by the end of the year 2026 indicating positive growth prospects of the coming in the coming years.

Roku’s stock price has been on the rise in recent years, and there are no signs of it slowing down anytime soon. The company has continued to innovate and expand its product lineup, most recently with the launch of its first gaming Console. 

This move has broadened Roku’s appeal beyond cord-cutters and streaming enthusiasts, positioning the company for continued growth in the years to come. The stock of Roku is currently trading at an all-time high, and analysts are optimistic about its future.

About ROKU Inc.

Roku (NASDAQ: ROKU) is a company that provides a streaming platform for digital media. The company operates through two segments: Platform and Player.

The Platform segment offers Roku TV, which allows users to access over-the-top content; Roku Audio, which allows users to access music; and Roku Channel Store, which allows access to third-party streaming channels. 

The Player segment offers streaming players that connect to an external display, such as a TV and allow users to access the Roku platform. Roku was founded in October 2002 and is headquartered in San Jose, California. 

Roku Financial Data And Performance

Market Cap8.479B
Enterprise Value7.50B
Shares Outstanding 122.68M
Public Float 122.12M
Volume8,541,222
Avg. Volume7,885,333
52 Week Range38.26 – 139.58
200-Day Moving Average 66.07
PE Ratio (TTM)N/A
EPS (TTM)-3.62
Forward Dividend & YieldN/A
Payout Ratio 0.00%
EBITDA-210.74M
Trailing P/EN/A
Forward P/EN/A

Profitability

Profit Margin-15.93%
Operating Margin (ttm) -15.76%

Management Effectiveness

Return on Assets (ttm)-7.25%
Return on Equity (ttm)-18.40%

Cash Flow Statement

Operating Cash Flow (ttm)11.79M
Levered Free Cash Flow (ttm)397.07M

Roku Stock Forecasts For Upcoming Years

Roku Stock Price Prediction
Roku Stock Price Prediction

Roku Stock Price Prediction 2023

The price of ROKU stock is currently 60.52 USD. In December 2023, the average target price per share is anticipated to be 56.92 USD, indicating a fall from its current price per share. The lowest and highest price targets are expected to be 54.18 USD and 58.76 USD respectively. Monthly price volatility of 7.788% is anticipated.

Roku Stock Price Prediction 2024

In 2024, analysts have predicted that ROKU stock will witness further decline with share price reaching an average price of 52.97 USD per share. Expected price targets range from 49.22 USD for the lowest to 56.66 USD for the highest. Price volatility of 13.127% per month is expected to be observed.

Roku Stock Price Prediction 2025

Analyst predictions state that ROKU stock prices will rise to an average price target of 57.77 USD by the end of the year 2025. Price targets are expected to fall between the lowest range of 56.39 USD and the highest target of 62.00 USD. A monthly price variation of up to 9.057% is anticipated.

Roku Stock Price Prediction 2026

Roku Stock Price Prediction
Roku Stock Price Prediction

Analysts’ consensus price estimate indicates that ROKU stock price per share will further rise to 66.96 USD in 2026. The expected price objectives are 60.69 USD at the lowest end and 70.01 USD at the maximum. There will be 13.313% monthly price volatility, according to projections.

Is ROKU Stock A Buy, Sell, Or Hold?

According to an analysis conducted by 24 Wall Street equities research analysts, ROKU stock has received 9 buy ratings, 8 hold ratings, and 7 sell ratings, thus a consensus Buy ratings for its share prices. 

ROKU is a great long-term investment. The company has a strong foothold in the streaming market and is well-positioned to continue growing as more and more people cut the cord. 

Roku also has a diversified business model, with revenue coming from both advertising and hardware sales. And, thanks to its recent acquisition of Quibi content, ROKU has even more content to offer its users. Analyst ratings are overwhelmingly positive, and favorable growth prospects are anticipated.

The company has strong ties with major content providers, and its platform is simple to use and easy to navigate. Additionally, Roku has a number of features that cord-cutters find appealing, such as the capacity to search across numerous streaming services.

Roku also has a strong track record of delivering solid financial results. The business exceeded forecasts in both its most recent earnings report’s top and bottom lines.

Therefore, Roku is a well-positioned company that is poised for continued success in the streaming space. As such, ROKU stock is a buy.

Take a look at the following stock predictions as well:

Final Note

Roku is a company that manufactures digital media players and operates a streaming platform. Roku’s stock price has been on the rise in recent years and is expected to continue increasing. 

The future looks bright for Roku, with continued growth in sales and an expanding market share. There are several reasons for this increase, including Roku’s strong partnerships and innovative products. Investors should consider buying Roku stock before it hits its peak.

What do you believe Roku’s future may hold in light of what we’ve learned so far? Will they continue to grow and become more successful, or will they eventually reach a point where growth stagnates?

Let us know in the comments below.

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