Roku, Inc. (ROKU)
NASDAQ: ROKU · IEX Real-Time Price · USD
59.27
-2.17 (-3.53%)
May 20, 2024, 4:00 PM EDT - Market closed
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 36.58% from the current stock price of 59.27.
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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 4 | 4 | 5 | 5 |
| Buy | 6 | 6 | 5 | 5 | 5 | 5 |
| Hold | 11 | 12 | 11 | 11 | 8 | 8 |
| Sell | 2 | 1 | 2 | 2 | 2 | 3 |
| Strong Sell | 2 | 1 | 1 | 1 | 1 | 1 |
| Total | 26 | 25 | 23 | 23 | 21 | 22 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $100 | Strong Buy | Reiterates | $100 | +68.72% | May 17, 2024 |
| Jefferies | Jefferies | Sell Initiates $50 | Sell | Initiates | $50 | -15.64% | May 2, 2024 |
| Citigroup | Citigroup | Hold Maintains $75 → $70 | Hold | Maintains | $75 → $70 | +18.10% | Apr 30, 2024 |
| Seaport Global | Seaport Global | Hold → Strong Buy Upgrades $74 | Hold → Strong Buy | Upgrades | $74 | +24.85% | Apr 29, 2024 |
| Susquehanna | Susquehanna | Buy Maintains $110 → $80 | Buy | Maintains | $110 → $80 | +34.98% | Apr 29, 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 | 6.5B | 6.2B |
| Avg | 4.0B | 4.5B | 5.0B | 5.8B | 6.0B |
| Low | 3.7B | 4.1B | 4.2B | 5.2B | 5.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 20.5% | 22.9% | 29.6% | 30.8% | 7.4% |
| Avg | 13.8% | 12.5% | 12.1% | 15.0% | 4.1% |
| Low | 6.6% | 2.2% | -5.4% | 3.9% | -0.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -1.18 | 0.60 | 1.77 | 0.22 | 0.90 |
| Avg | -2.01 | -1.21 | -0.12 | 0.21 | 0.88 |
| Low | -2.89 | -2.11 | -1.42 | 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.