Could Roku Stock Go Parabolic by 2026?
Changing consumer and business trends have taken many stocks to parabolic highs over the last few years. Roku (NASDAQ: ROKU) is one that achieved such peaks in the 2021 bull market, only to pull back. Although many of these stocks recovered and achieved new highs, Roku has failed to break out of the trading range following the bear market in 2022.
However, the company has grown its user base and streaming hours consistently for years. Amid the transition from traditional to streaming TV, can Roku achieve a parabolic high in 2026, or is it doomed for more stagnation?
Image source: Getty Images.
Source Fool.com
Roku Stock
€85.66
-0.360%
The stock is one of the favorites of our community with 47 Buy predictions and 2 Sell predictions.
As a result the target price of 91 € shows a slightly positive potential of 6.23% compared to the current price of 85.66 € for Roku.
