Is Roku Stock a Buy Now?
I called (NASDAQ: ROKU) a "fantastic buy" a couple of weeks ago, as the media-streaming technologist prepared its fourth-quarter earnings report, which hit the news wires a few days later. Roku's results were almost exactly in line with the average analyst's expectation, showing 13.5% year-over-year revenue growth while erasing two-thirds of its bottom-line losses.
Roku's stock plunged on the news. It closed 24% lower the next day, and the bearish action has added up to 33% since the report.
Is Roku suitable as an investment today? Was that report a harbinger of terrible business trends to come, or was it an invitation to pick up Roku stock on the cheap?
Source Fool.com
Roku Stock
€47.68
1.070%
Our community is currently high on Roku with 33 Buy predictions and 6 Sell predictions.
As a result the target price of 93 € shows a very positive potential of 95.07% compared to the current price of 47.68 € for Roku.
