Investors seemed to be tuning out Roku (ROKU -15.93%) stock in recent trading days. According to data compiled by S&P Global Market Intelligence, they pushed the specialty consumer electronics company's shares down by just under 18% week to date as of Friday morning.
In the closing of the recent trading day, Roku (ROKU) stood at $71.37, denoting a +1.09% change from the preceding trading day.
In a number of ways, Roku (ROKU -3.93%) has the makings of a market-beating growth stock.
On Friday, JP Morgan analyst Brent Navon maintained a Buy rating on Roku ROKU with a price target of $100.
The future is always in flux. No one saw the COVID-19 pandemic coming.
In the closing of the recent trading day, Roku (ROKU) stood at $81.78, denoting a +0.68% change from the preceding trading day.
Needham analyst Laura Martin reiterated a Buy rating on the shares of Hooker Furnishings Corp HOFT with a price forecast of $120.00.
ROKU's advertising growth and plans for global expansion present a compelling entry point for investors in 2025.
Here is how Roku (ROKU) and Super Group (SGHC) Limited (SGHC) have performed compared to their sector so far this year.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Recently, Zacks.com users have been paying close attention to Roku (ROKU). This makes it worthwhile to examine what the stock has in store.
Some investors think Roku (ROKU 6.07%) stock is expensive, and it's easy to see why. The media-streaming technologist's shares trade at lofty valuation ratios like 95 times free cash flows and 120 times forward earnings estimates.