Roku's Latest Move Is a Slam Dunk for Its Advertising Business
When it comes to streaming platforms, (NASDAQ: ROKU) is in a class by itself. The company pioneered devices that made connecting to streaming providers a breeze, aggregating more than 10,000 streaming channels in one place. Unfortunately, Roku wasn't immune to the recent economic headwinds that crushed advertising spending, causing the company's growth to grind to a halt.
Roku's latest move could be one of its biggest yet, providing one more catalyst to accelerate the company's rebound and reignite this once-compelling growth story.
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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 €.
