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NASDAQ: ROKU
Roku Inc Stock Forecast, Predictions & Price Target

Analyst price target for ROKU

Based on 11 analysts offering 12 month price targets for Roku Inc.
Min Forecast
$51.00-21.74%
Avg Forecast
$88.09+35.17%
Max Forecast
$120.00+84.13%

Should I buy or sell ROKU stock?

Based on 11 analysts offering ratings for Roku Inc.
Hold
Strong Buy
3 analysts 27.27%
Buy
2 analysts 18.18%
Hold
3 analysts 27.27%
Sell
1 analysts 9.09%
Strong Sell
2 analysts 18.18%

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ROKU stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-02-27Find Out Why
lockedlocked$00.00+00.00%2024-02-21
lockedlocked$00.00+00.00%2024-02-16
lockedlocked$00.00+00.00%2024-02-16
lockedlocked$00.00+00.00%2024-02-16
Seaport Global
Top 17%
84
SellDowngrades$75.00+15.08%2023-12-18
Moffett Nathanson
Top 30%
71
Strong SellDowngrades$66.00+1.27%2023-12-15
Cannonball Research
Bottom 24%
24
Strong BuyUpgrades$116.00+78.00%2023-11-27
Pivotal Research
Bottom 12%
12
HoldUpgrades$75.00+15.08%2023-11-02
Truist Securities
Top 5%
96
HoldMaintains$70.00+7.41%2023-10-23

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Forecast return on equity

Is ROKU forecast to generate an efficient return?
Company
N/A
Industry
4.39%
Market
37.27%

Forecast return on assets

Is ROKU forecast to generate an efficient return on assets?
Company
N/A
Industry
2.24%

ROKU revenue forecast

What is ROKU's revenue in the next 3 years based on estimates from 11 analysts?
Avg 1 year Forecast
$3.8B+10.41%
Avg 2 year Forecast
$4.3B+24.8%
Avg 3 year Forecast
$5.1B+45.86%
ROKU's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

ROKU revenue growth forecast

How is ROKU forecast to perform vs Entertainment companies and vs the US market?
Company
12.94%
Industry
6.96%
Market
10.52%
ROKU's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
ROKU's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

ROKU vs Entertainment Stocks

TickerPricePrice TargetUp/downsideConsensus
ROKU$65.17$88.09+35.17%Hold
EDR$25.73$29.50+14.65%Buy
PARA$11.77$13.23+12.41%Sell
NXST$172.29$184.50+7.09%Buy
MSGS$184.52N/AN/A

Roku Stock Forecast FAQ

Is Roku Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 11 Wall Street analysts covering (NASDAQ: ROKU) stock is to Hold ROKU stock.

Out of 11 analysts, 3 (27.27%) are recommending ROKU as a Strong Buy, 2 (18.18%) are recommending ROKU as a Buy, 3 (27.27%) are recommending ROKU as a Hold, 1 (9.09%) are recommending ROKU as a Sell, and 2 (18.18%) are recommending ROKU as a Strong Sell.

If you're new to stock investing, here's how to buy Roku stock.

What is ROKU's revenue growth forecast for 2024-2026?

(NASDAQ: ROKU) Roku's forecast annual revenue growth rate of 12.94% is forecast to beat the US Entertainment industry's average forecast revenue growth rate of 6.96%, and it is also forecast to beat the US market's average forecast revenue growth rate of 10.52%.

Roku's revenue in 2024 is $3,484,619,000.On average, 11 Wall Street analysts forecast ROKU's revenue for 2024 to be $552,205,672,028, with the lowest ROKU revenue forecast at $525,608,904,458, and the highest ROKU revenue forecast at $570,087,787,644. On average, 11 Wall Street analysts forecast ROKU's revenue for 2025 to be $624,146,760,057, with the lowest ROKU revenue forecast at $600,782,824,096, and the highest ROKU revenue forecast at $654,445,675,966.

In 2026, ROKU is forecast to generate $729,485,115,550 in revenue, with the lowest revenue forecast at $683,866,524,671 and the highest revenue forecast at $764,028,979,760.

What is ROKU's forecast return on assets (ROA) for 2024-2027?

(NASDAQ: ROKU) forecast ROA is N/A, which is lower than the forecast US Entertainment industry average of 2.24%.

What is ROKU's Price Target?

According to 11 Wall Street analysts that have issued a 1 year ROKU price target, the average ROKU price target is $88.09, with the highest ROKU stock price forecast at $120.00 and the lowest ROKU stock price forecast at $51.00.

On average, Wall Street analysts predict that Roku's share price could reach $88.09 by Feb 27, 2025. The average Roku stock price prediction forecasts a potential upside of 35.17% from the current ROKU share price of $65.17.

What is ROKU's forecast return on equity (ROE) for 2024-2027?

(NASDAQ: ROKU) forecast ROE is N/A, which is considered weak.
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