Roku, Inc. Stock Forecast

Stock Price Forecast

The 21 analysts with 12-month price forecasts for Roku, Inc. stock have an average target of 83.95, with a low estimate of 55 and a high estimate of 116. The average target predicts an increase of 22.18% from the current stock price of 68.71.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$55	$83.95	$85	$116
Change	-19.95%	+22.18%	+23.71%	+68.83%

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	7
Hold	8	8	8	8	8	6
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
Vikram Kesavabhotla Baird	Baird	Hold → Buy Upgrades $70 → $90	Hold → Buy	Upgrades	$70 → $90	+30.99%	Nov 18, 2024
James Heaney Jefferies	Jefferies	Sell Maintains $60 → $55	Sell	Maintains	$60 → $55	-19.95%	Nov 1, 2024
Steven Cahall Wells Fargo	Wells Fargo	Hold Maintains $72 → $74	Hold	Maintains	$72 → $74	+7.70%	Oct 31, 2024
Alan Gould Loop Capital	Loop Capital	Hold Maintains $65 → $70	Hold	Maintains	$65 → $70	+1.88%	Oct 31, 2024
Matt Farrell Piper Sandler	Piper Sandler	Hold Maintains $60 → $75	Hold	Maintains	$60 → $75	+9.15%	Oct 31, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

4.14B

from 3.48B

18.69%

from 3.48B

Revenue Next Year

4.70B

from 4.14B

13.59%

from 4.14B

EPS This Year

-1.09

from -5.01

EPS Next Year

-0.64

from -1.09

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	1.13B	1.78B	2.76B	3.13B	3.48B	4.14B	4.70B	5.30B
Revenue Growth	52.04%	57.53%	55.45%	13.09%	11.45%	18.69%	13.59%	12.84%
EPS	-0.52	-0.14	1.71	-3.62	-5.01	-1.09	-0.64	0.35
EPS Growth	-	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	196.51
No. Analysts	-	-	-	-	-	33	32	22

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	4.3B	4.9B	5.7B
Avg	4.1B	4.7B	5.3B
Low	4.0B	4.4B	4.8B

Revenue Growth

Revenue Growth	2024	2025	2026
High	22.8%	18.5%	20.4%
Avg	18.7%	13.6%	12.8%
Low	13.9%	6.1%	1.3%

EPS Forecast

EPS	2024	2025	2026
High	-0.95	0.96	2.53
Avg	-1.09	-0.64	0.35
Low	-1.26	-1.35	-1.10

EPS Growth

EPS Growth	2024	2025	2026
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.