Roku Stock Surged More Than 100% in 2023, But Read This Before You Buy
's (NASDAQ: ROKU) stock has been unstoppable lately, doubling in price since the start of the year.
Investors who missed the early rally may contemplate buying into the stock. But before they rush into making a hasty decision, they must know what might have caused the stock to outperform in the last few months.
Knowing how it got here will better position us to forecast where the company (and stock) could go from here.
Source Fool.com
Roku Stock
€61.48
-4.170%
The stock is one of the favorites of our community with 47 Buy predictions and 3 Sell predictions.
As a result the target price of 85 € shows a positive potential of 38.26% compared to the current price of 61.48 € for Roku.
