Roku, Inc. (ROKU)
NASDAQ: ROKU · Real-Time Price · USD
65.70
+1.62 (2.53%)
At close: Nov 1, 2024, 4:00 PM
65.69
-0.01 (-0.02%)
After-hours: Nov 1, 2024, 7:40 PM EDT
Roku, Inc. Stock Forecast
Stock Price Forecast
The 21 analysts with 12-month price forecasts for Roku, Inc. stock have an average target of 83.24, with a low estimate of 55 and a high estimate of 116. The average target predicts an increase of 26.70% from the current stock price of 65.70.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 7 | 6 | 6 | 6 |
| Buy | 5 | 4 | 5 | 6 | 6 | 6 |
| Hold | 8 | 8 | 8 | 8 | 8 | 7 |
| Sell | 3 | 3 | 3 | 2 | 2 | 2 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 22 | 21 | 24 | 23 | 23 | 22 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Sell Maintains $60 → $55 | Sell | Maintains | $60 → $55 | -16.29% | Nov 1, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $72 → $74 | Hold | Maintains | $72 → $74 | +12.63% | Oct 31, 2024 |
| Loop Capital | Loop Capital | Hold Maintains $65 → $70 | Hold | Maintains | $65 → $70 | +6.54% | Oct 31, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $60 → $75 | Hold | Maintains | $60 → $75 | +14.16% | Oct 31, 2024 |
| Macquarie | Macquarie | Buy Maintains $90 | Buy | Maintains | $90 | +36.99% | Oct 31, 2024 |
Financial Forecast
Revenue This Year
4.03B
from 3.48B
Increased by 15.74%
Revenue Next Year
4.57B
from 4.03B
Increased by 13.22%
EPS This Year
-1.39
from -5.01
EPS Next Year
-0.95
from -1.39
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.2B | 4.9B | 5.6B | ||
| Avg | 4.0B | 4.6B | 5.1B | ||
| Low | 3.4B | 3.9B | 4.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 21.5% | 21.9% | 22.4% | ||
| Avg | 15.7% | 13.2% | 12.5% | ||
| Low | -2.0% | -2.6% | -2.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.95 | 0.22 | 1.98 | ||
| Avg | -1.39 | -0.95 | 0.05 | ||
| Low | -2.79 | -2.11 | -1.42 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | ||
| Avg | - | - | - | ||
| Low | - | - | - |
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.