Could Roku Help You Become a Millionaire?
(NASDAQ: ROKU) seriously disappointed investors when it reported fourth-quarter 2023 financial results last month. Revenue of $984.4 million, up 14% year over year, beat analyst expectations. However, soft guidance really worried shareholders, as management believes macro and industry headwinds will remain an issue.
As of this writing, the streaming stock is down 33% since that announcement, and it currently sits at 87% below its all-time high. This is a huge disappointment when compared to the broader indices that continue to hit new records.
But over the long term, can Roku stock help you become a millionaire one day?
Source Fool.com
Roku Stock
€54.39
2.280%
Currently there is a rather positive sentiment for Roku with 29 Buy predictions and 7 Sell predictions.
With a target price of 93 € there is a hugely positive potential of 70.99% for Roku compared to the current price of 54.39 €.
