Roku Stock Is Beaten Down Now, But It Could 10X
It's been a rough few years for Roku (NASDAQ: ROKU). The leading streaming distribution platform was a darling during the pandemic, but the stock has fallen hard since then. What seemed like a mounting comeback fell apart last month as Roku shares suffered a one-two punch after it gave disappointing guidance. Then Walmart said it would acquire TV-set maker Vizio in what looks like a play for the digital ad market from the retail giant.
After that pullback, Roku is still trading down more than 80% from its pandemic-era peak, but that sell-off also offers a good price for a stock that still has disruptive potential. Keep reading to see why holding your nose and hitting the buy button on Roku could pay off down the road.
Image source: Getty Images.
Source Fool.com
Roku Aktie
Leichtes Buy-Überwiegen bei Roku im Vergleich zu Sell-Einschätzungen.
Ein Kursziel von 93 € für Roku würde eine Steigerung von mehr als 50% gegenüber dem aktuellen Kurs von 52.65 € bedeuten.
