Roku Lost More Money in 2023 Than Ever Before. Here's 1 Reason to Sell and 1 Reason to Buy Hand Over Fist.
For investors who like big, fat net profits, connected-TV platform company Roku (NASDAQ: ROKU) is a stock to steer clear of. After posting its first full-year net profit in 2021, the company followed it up in 2022 with a record loss of $531 million.
In 2023, Roku beat this record with a new record loss of $710 million. For shareholders, it's a disheartening chart to look at for sure.
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 €.
