Where Will Roku Stock Be in 3 Years?
Media-streaming technology expert (NASDAQ: ROKU) was a market darling a few years ago. The lockdowns of the early coronavirus pandemic created a perfect environment for digital streaming services, and the leading provider of viewing platforms was another slam-dunk winner at the time.
I agree that Roku's stock soared to unsustainably high levels in back then, reaching $480 per share in the summer of 2021. Share prices are down 86% from that peak, including a 30% drop in 2024 alone.
Where will Roku go from here? Is it a stunted has-been or an undervalued growth story?
Source Fool.com
Roku Stock
€61.31
-2.100%
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 51.69% for Roku compared to the current price of 61.31 €.
