Where Will Roku Stock Be in 3 Years?
Last year was great for (NASDAQ: ROKU) investors, but the streaming video pioneer that more than doubled in 2023 has been a major market laggard this year. The stock has shed a third of its value in 2024. Can it get back on track?
Roku has had a few near-term challenges, but let's zoom out a bit. Take out a Roku remote and fast forward to the springtime of 2027. Is the popular operating system for streaming on TVs doing better or worse than it is right now? A lot can happen in the next three years.
The upside is substantial if things go well for Roku. The shares peaked above $490 three summers ago. Getting back there three summers from now would make the stock nearly an 8-bagger from today's starting line.
Source Fool.com
Roku Stock
€52.89
-2.120%
Currently there is a rather positive sentiment for Roku with 27 Buy predictions and 7 Sell predictions.
With a target price of 93 € there is a hugely positive potential of 75.84% for Roku compared to the current price of 52.89 €.
