Could Roku Stock 10x by 2030?
In many respects, Roku (NASDAQ: ROKU) stock is a victim of varying expectations. Pandemic-driven optimism about its business model took shares to a high of more than $490 per share in 2021 before higher spending and falling expectations wiped out more than 90% of its value at one point.
While Roku investors are somewhat more optimistic than they were at the low point, the stock still trades at more than 80% below its all-time high.
However, Roku bulls such as Cathie Wood have predicted a significantly higher price for Roku stock, and with viewers continuing to turn to streaming from traditional TV, it is likely worth pondering whether Roku can rise more than tenfold by 2030.
Source Fool.com
Roku Stock
€98.75
3.780%
The stock is one of the favorites of our community with 48 Buy predictions and 1 Sell predictions.
As a result the target price of 109 € shows a slightly positive potential of 10.38% compared to the current price of 98.75 € for Roku.
