3 Things About Roku the Smartest Investors Know
The past couple of years have been trying for (NASDAQ: ROKU) investors, but after a precipitous plunge, the streaming pioneer seems to be back in Wall Street's good graces. After losing as much as 90% of its value, Roku has come roaring back, with the stock gaining 68% so far this year.
Even as the company endured a perfect storm of supply chain issues, macroeconomic headwinds, and tough comps, Roku wasn't content to wait for the storm clouds to clear. Management has diligently increased its market share, expanded its opportunity, and prepared for the inevitable rebound.
Investors may not be aware of several recent developments that better position Roku for future success.
Source Fool.com
Roku Stock
€56.18
-3.750%
Our community is currently high on Roku with 37 Buy predictions and 7 Sell predictions.
As a result the target price of 91 € shows a very positive potential of 61.98% compared to the current price of 56.18 € for Roku.
