Roku Hopes You'll Buy a Shiny New Roku Smart TV This Christmas. But It Stands to Make More Money From Something Else.
In March, connected-TV platform company (NASDAQ: ROKU) did something it hadn't done before: It started selling branded smart TVs of its own design and manufacture. Now entering the holiday season, the company hopes its smart TVs are a big hit.
For consumers, this might seem like a big step up for Roku. The company started by selling small devices that plug into TVs, allowing them to stream video content from the internet. Then, it partnered with TV manufacturers to power their TVs with the Roku operating system. Now, it's gone a step further by making branded TVs of its own.
Roku's management doesn't intend to stop here, either. Founder and CEO Anthony Wood envisions powering an entire smart home, complete with video doorbells, security systems, and more.
Source Fool.com
Roku Stock
Currently there is a rather positive sentiment for Roku with 33 Buy predictions and 6 Sell predictions.
With a target price of 93 € there is a hugely positive potential of 52.48% for Roku compared to the current price of 60.99 €.
