Roku Stock Buy or Sell? ROKU Stocks Forecast

Market Capitalization: 14 989 154 000 $
EBITDA: -295 283 008 $
Price to Earnings: None
Quarterly Earnings Growth YOY: -0.649
Quarterly Revenue Growth YOY: 0.198
Trailing PE: -
Forward PE: 57.8
Shares Outstanding: 125086000

Roku Stock Buy or Sell? ROKU Stocks Analytic Forecasts

Updated on December 8, 2023 (05:42)

We present you the most up-to-date and complete review of analytical trend forecasts and views on the ROKU stock market. Experts share their opinions on what to expect from the Roku, Inc. stock market. How likely is the stock price to move in a bullish or bearish trend. Which should help you to make the right decision whether to Buy or Sell Roku stocks.

Roku, Inc. Stock Market Experts’ Analysis and Forecasting – Sell or Buy ROKU Shares?

The most recent analytical view which can help you to answer the worrying question: Should I Buy Stocks Now or Wait? came out under the authorship of Star Investments and is titled

“Why Patient Investors Should Keep Roku In Their Portfolio”

is published on November 17 (2023) and has 0 likes. The review predicts Neutral market trend.

It summarize the following theses:

  • Roku’s CEO believes that all TV, including advertising, will eventually be streamed and has positioned itself to capture a sizable portion of that traditional TV ad business.
  • Its third-quarter earnings showed robust revenue growth, account growth, and a return to positive free cash flow, leading to a 45% increase in the stock price.
  • The company’s streaming app, The Roku Channel, has become a popular platform for advertisers, with high reach and engagement, giving Roku a competitive advantage in the streaming ad market.

The author starts his analytic review with the following:

Roku (NASDAQ:ROKU) Chief Executive Officer (“CEO”) Anthony Wood said on the company’s third quarter 2023 earnings call that he founded the company with the idea that eventually “all TV, including advertising, is going to be streamed.” The thesis for an investor buying this company is that it can capture a meaningful chunk of the $60 billion a year traditional TV ad business as it transitions to streaming.

The opinion of the author can be considered quite authoritative.
The number of 3554 followers confirms this.
Star Investments is the contributor of experts community
since 2020 and has 123 works published.

One more noteworthy article is written by Seeking Alpha Podcasts under the title

“Streaming Reality Vs. Fantasy With Dan Rayburn”

on November 14 (2023) and has 0 likes. The expert reflects trend of the market.

Нis theses make you think about whether to add ROKU stocks to your investment portfolio or not, and helps to work out your own Roku stock selling strategies:

  • Streaming expert Dan Rayburn discusses the reality of the industry and the slow process of technology disruption.
  • Q3 earnings reports reveal the importance of defined methodology and the need for profitability in the streaming market.
  • Rayburn criticizes the hype around Free Ad Supported Streaming TV (FAST), highlighting the lack of business metrics and transparency.

Seeking Alpha Podcasts starts analysis with such words:

The expert’s Followers level is low yet – less 100, but that will probably change soon.

Seeking Alpha Podcasts is the contributor of experts community since 2023

Another analysis presented by Louis Stevens came out on November 13 (2023). Obviously, coupled with the newer reviews, this forecasting could be useful to find out the best trading strategy for ROKU stocks. It sounds like

“Roku: David Defeats Goliath”

Article has got 2 likes at the moment and forecasting Strong Bullish trend of the market.

Summarizing the information presented in the review concerning the Roku, Inc., the expert says the following:

  • Roku’s eulogy has been read prematurely many times over the last decade or so.
  • Notwithstanding, today, it operates from its greatest position of strength in its corporate history, substantiating data for which I will share with you in this review.
  • It’s worth asking: How has little Roku defeated the Goliaths of the business world, such as Apple and Comcast?
  • Today, I will illustrate the implementation, the proverbial slingshot, that Roku is using to achieve its dominance of the TV OS industry in the U.S. and in its nascent international markets into which it’s begun expanding.
  • In short, with ~$2B in net cash, a return to free cash flow generation, and an identifiable strategy that has afforded it the dominance of the TV operating system industry, I continue to believe Roku is worth investors’ capital, and I believe it could have 100% upside from here to fair value.

And here, what comes first:

Acceleration Since going public, Roku’s (NASDAQ:ROKU) business has experienced a staggering evolution, in tandem with which its key performance metrics have experienced almost unbelievable improvements.

This author is very popular among the auditory. He has 15806 followers.

Louis Stevens is the contributor of experts community since 2018 and has at least 298 analytic reviews published.

The Share Price of Roku, Inc. (ROKU) for now

What analysts predict: $85.92
52-week high/low: $108.4 / $38.26

50/200 Day Moving Average: $77.22 / $70.35

The average stock price over the previous 50/200 days. For Roku stocks, the 50-day moving average is the resistance level for now. For ROKU stocks, the 200-day moving average is the resistance level today.

See the Detailed Predictions for ROKU stock with charts and tables

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