Where Will Roku Stock Be in 3 Years?
There are always dips, jumps, and slides to be expected in any stock's journey, but sometimes they look more like mountains than molehills. (NASDAQ: ROKU) stock soared as a pandemic favorite, then plunged in the aftermath. It's now up 140% this year as investors are finding favor in growth stocks again.
The uncertainty of the past three years might continue to play out in the coming three years. Let's go through some scenarios about where the stock might be in that time frame.
With the woes of premium streaming companies like Walt Disney and Paramount dominating the conversation and the seeming saturation in the market, it's easy to overlook the fact that streaming hours still do not represent anywhere near the majority of U.S. viewing time. According to Nielsen, streaming hours accounted for 34.8% of total U.S. viewership in July, overtaking cable hours, at 34.4%.
Source Fool.com
Roku Stock
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 71.14% for Roku compared to the current price of 54.34 €.
