Can Roku Stock Stay Above $100 This Time?
October is off to a strong start for Roku (NASDAQ: ROKU) investors. Shares of the streaming video pioneer are trading north of $100 for the third consecutive day on Tuesday. It's a familiar but unfortunately fleeting experience.
Roku has proven mortal since the initial pandemic feeding frenzy sent the shares to an all-time high of $490 in early 2021. The shares would go on to pull back dramatically, but it hasn't dimmed the fight. This is the fourth year in a row that Roku revisits trading in the triple digits. It has failed to stay there at the end of the last three years.
It could be different this time. Momentum is on its side, but will the company stick the landing in 2025? Let's take a closer look at how Roku is doing, and why the latest dalliance above $100 can have staying power this time.
Source Fool.com
Roku Aktie
Starkes Buy-Sentiment bei Roku mit 48 Buy- gegenüber 2 Sell-Einschätzungen.
Ein negatives Potenzial von -2.11% für Roku, selbst mit einem niedrigeren Kursziel von 93 € als 95.0 €.
