The Next 5 Years Could Be Even Bigger for Roku Than the Last 5 Years
(NASDAQ: ROKU) quintupled its user base in the five years from 2017 through 2022, but the next five years could be even better.
The proliferation of streaming services has fueled the media-streaming technology expert's growth, but it's highly concentrated in the United States so far. Roku is the leading operating system in the United States for smart TVs and streaming devices, but lags behind several companies internationally. As Roku expands to new international markets and grows its market share in the ones it has, there is a massive business opportunity ahead of it.
Streaming video is a much smaller share of TV time in many international markets compared to the United States.
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 €.
