Roku, Inc. (ROKU)
NASDAQ: ROKU · IEX Real-Time Price · USD
59.07
-0.88 (-1.46%)
May 3, 2024, 12:45 PM EDT - Market open
Roku, Inc. Stock Forecast
Stock Price Forecast
The 18 analysts with 12-month price forecasts for Roku, Inc. stock have an average target of 85.17, with a low estimate of 52 and a high estimate of 116. The average target predicts an increase of 44.18% from the current stock price of 59.07.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Roku, Inc. stock from 21 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 4 | 4 | 4 |
| Buy | 6 | 6 | 6 | 5 | 5 | 5 |
| Hold | 14 | 11 | 12 | 11 | 11 | 9 |
| Sell | 2 | 2 | 1 | 2 | 2 | 2 |
| Strong Sell | 0 | 2 | 1 | 1 | 1 | 1 |
| Total | 27 | 26 | 25 | 23 | 23 | 21 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Sell Maintains $45 → $52 | Sell | Maintains | $45 → $52 | -11.97% | Apr 26, 2024 |
| Piper Sandler | Piper Sandler | Hold Reiterates $81 → $65 | Hold | Reiterates | $81 → $65 | +10.04% | Apr 26, 2024 |
| Wedbush | Wedbush | Buy Maintains $80 → $75 | Buy | Maintains | $80 → $75 | +26.97% | Apr 26, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $115 → $105 | Strong Buy | Maintains | $115 → $105 | +77.76% | Apr 26, 2024 |
| Rosenblatt | Rosenblatt | Hold Maintains $89 | Hold | Maintains | $89 | +50.67% | Apr 26, 2024 |
Financial Forecast
Revenue This Year
3.97B
from 3.48B
Increased by 13.84%
Revenue Next Year
4.46B
from 3.97B
Increased by 12.50%
EPS This Year
-2.01
from -5.01
EPS Next Year
-1.21
from -2.01
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.2B | 4.9B | 5.8B | 7.2B | 8.4B |
| Avg | 4.0B | 4.5B | 5.0B | 6.0B | 6.9B |
| Low | 3.7B | 4.1B | 4.2B | 4.9B | 5.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 20.5% | 22.9% | 29.6% | 44.6% | 39.6% |
| Avg | 13.8% | 12.5% | 12.1% | 20.5% | 14.3% |
| Low | 6.6% | 2.2% | -5.4% | -2.1% | -10.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -1.18 | 0.60 | 1.77 | 1.01 | 2.11 |
| Avg | -2.01 | -1.21 | -0.12 | 0.88 | 1.90 |
| Low | -2.89 | -2.11 | -1.42 | 0.75 | 1.68 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | - | 139.2% |
| Avg | - | - | - | - | 115.0% |
| Low | - | - | - | - | 89.9% |
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.