Roku, Inc. (ROKU)
NASDAQ: ROKU · IEX Real-Time Price · USD
62.55
-0.22 (-0.35%)
At close: Jul 19, 2024, 4:00 PM
62.96
+0.41 (0.66%)
Pre-market: Jul 22, 2024, 7:45 AM EDT
Roku, Inc. Stock Forecast
Stock Price Forecast
The 20 analysts with 12-month price forecasts for Roku, Inc. stock have an average target of 80.95, with a low estimate of 50 and a high estimate of 116. The average target predicts an increase of 29.42% from the current stock price of 62.55.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Roku, Inc. stock from 22 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 5 | 5 | 5 | 5 |
| Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Hold | 11 | 11 | 8 | 8 | 8 | 8 |
| Sell | 2 | 2 | 2 | 3 | 3 | 3 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 23 | 23 | 21 | 22 | 22 | 22 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy Reiterates $105 | Strong Buy | Reiterates | $105 | +67.87% | Jul 10, 2024 |
| Wedbush | Wedbush | Buy Reiterates $75 | Buy | Reiterates | $75 | +19.90% | Jun 27, 2024 |
| Needham | Needham | Strong Buy Reiterates $100 | Strong Buy | Reiterates | $100 | +59.87% | Jun 20, 2024 |
| Needham | Needham | Strong Buy Reiterates $100 | Strong Buy | Reiterates | $100 | +59.87% | May 17, 2024 |
| Jefferies | Jefferies | Sell Initiates $50 | Sell | Initiates | $50 | -20.06% | May 2, 2024 |
Financial Forecast
Revenue This Year
3.98B
from 3.48B
Increased by 14.16%
Revenue Next Year
4.46B
from 3.98B
Increased by 12.14%
EPS This Year
-1.81
from -5.01
EPS Next Year
-1.18
from -1.81
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.2B | 4.9B | 5.8B | 6.5B | 6.2B |
| Avg | 4.0B | 4.5B | 5.0B | 5.8B | 6.0B |
| Low | 3.4B | 3.8B | 4.2B | 5.2B | 5.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 19.5% | 22.5% | 30.1% | 31.3% | 7.4% |
| Avg | 14.2% | 12.1% | 11.8% | 15.4% | 4.1% |
| Low | -2.0% | -3.3% | -5.4% | 4.3% | -0.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -1.20 | -0.28 | 0.84 | 0.22 | 0.90 |
| Avg | -1.81 | -1.18 | -0.23 | 0.21 | 0.88 |
| Low | -2.28 | -1.93 | -1.40 | 0.21 | 0.84 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | - | 321.6% |
| Avg | - | - | - | - | 309.5% |
| Low | - | - | - | - | 293.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.