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
The stock is one of the favorites of our community with 52 Buy predictions and 3 Sell predictions.
As a result the target price of 86 € shows a slightly positive potential of 13.68% compared to the current price of 75.65 € for Roku.