Where Will Roku Stock Be in 1 Year?
Admittedly, Roku (NASDAQ: ROKU) has become one of the more frustrating stocks over the last few years. Since the end of the pandemic's height, the once high-flying company has returned to losses, dealing with heavy competition and a struggling economy as revenue and customer gains failed to translate into stock growth.
However, despite those struggles, Roku's expansion has continued, and the company has maintained its leadership in North America while expanding internationally. These and other conditions could finally lead the entertainment stock to a market-beating return over the next year. Here's why.
Image source: Getty Images.
Source Fool.com
Roku Stock
€74.72
-0.600%
The stock is one of the favorites of our community with 51 Buy predictions and 3 Sell predictions.
As a result the target price of 86 € shows a slightly positive potential of 15.1% compared to the current price of 74.72 € for Roku.
