Roku Earnings: Why Are Shares Soaring After Earnings?
In this video, I will go over 's (NASDAQ: ROKU) third-quarter earnings report. The company reported a beat on top and bottom lines while also beating its own guidance by a wide margin. The stock is up over 50% this year alone. A rebound in ad spending could send this stock to greater heights.
*Stock prices used were from the trading day of Nov. 1, 2023. The video was published on Nov. 1, 2023.
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 €.