Roku Stock Could Head Higher on Friday
Like a limited series on a streaming service, it seems as if (NASDAQ: ROKU) can't hold investor attention for long. Shares of the company behind the leading operating system for streaming TV soared to a fresh 52-week high after posting blowout financial results in mid-February. The stock has gone on to shed more than a third of its value since that short-lived peak.
The stage could be set for a repeat performance when it reports its first-quarter results after market close on Thursday. Can Roku deliver another stock-popping moment? Can the upticks last longer than last time?
Let's take a closer look at Roku as it gears up for a critical earnings report this week.
Source Fool.com
Roku Stock
With 49 Buy predictions and 3 Sell predictions Roku is one of the favorites of our community.
With a target price of 86 € there is a slightly positive potential of 15.13% for Roku compared to the current price of 74.7 €.