Roku (ROKU) Stock Forecast, Price Target & Predictions

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ROKU Stock Forecast

Roku stock forecast is as follows: an average price target of $110.03 (represents a 60.14% upside from ROKU’s last price of $68.71) and a rating consensus of 'Buy', based on 31 wall street analysts offering a 1-year stock forecast.

ROKU Price Target

The average price target for Roku (ROKU) is $110.03 based on 1-year price targets from 31 Wall Street analysts in the past 3 months, with a price target range of $410.00 to $30.00. This represents a potential 60.14% upside from ROKU's last price of $68.71.

ROKU Analyst Ratings

Buy

According to 31 Wall Street analysts, Roku's rating consensus is 'Buy'. The analyst rating breakdown for ROKU stock is 0 'Strong Buy' (0.00%), 19 'Buy' (61.29%), 11 'Hold' (35.48%), 1 'Sell' (3.23%), and 0 'Strong Sell' (0.00%).

Roku Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Nov 18, 2024	Vikram Kesavabhotla	Robert W. Baird	$90.00	$55.10	63.34%	30.99%
Oct 31, 2024	Matt Farrell	Piper Sandler	$75.00	$77.51	-3.24%	9.15%
Oct 31, 2024	Alan Gould	Loop Capital Markets	$70.00	$77.51	-9.69%	1.88%
Oct 31, 2024	Barton Crockett	Rosenblatt Securities	$86.00	$77.51	10.95%	25.16%
Oct 31, 2024	Steven Cahall	Wells Fargo	$74.00	$77.51	-4.53%	7.70%
Oct 29, 2024	Benjamin Swinburne	Morgan Stanley	$65.00	$76.05	-14.53%	-5.40%
Oct 23, 2024	Matt Farrell	Piper Sandler	$60.00	$76.79	-21.86%	-12.68%
Oct 10, 2024	Cory A Carpenter	J.P. Morgan	$92.00	$77.19	19.18%	33.90%
Oct 01, 2024	Michael Nathanson	MoffettNathanson	$80.00	$74.66	7.15%	16.43%
Sep 30, 2024	Ruplu Bhattacharya	Bank of America Securities	$90.00	$74.41	20.95%	30.99%

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The latest Roku stock forecast, released on Nov 18, 2024 by Vikram Kesavabhotla from Robert W. Baird, set a price target of $90.00, which represents a 63.34% increase from the stock price at the time of the forecast ($55.10), and a 30.99% increase from ROKU last price ($68.71).

Roku Price Target by Period

	1M	3M	12M
# Anlaysts	7	15	27
Avg Price Target	$74.29	$78.93	$78.56
Last Closing Price	$68.71	$68.71	$68.71
Upside/Downside	8.12%	14.87%	14.34%

In the current month, the average price target of Roku stock is $74.29, according to 7 Wall Street analysts offering twelve months forecast. The average price target represents a 8.12% increase as opposed to Roku's last price of $68.71. This month's average price target is down -5.88% compared to last quarter, and down -5.44% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Oct 31, 2024	Loop Capital Markets	Hold	Hold	Hold
Oct 31, 2024	Wells Fargo	Equal-Weight	Equal-Weight	Hold
Oct 29, 2024	Bank of America Securities	Buy	Buy	Hold
Oct 29, 2024	Morgan Stanley	Underweight	Underweight	Hold
Oct 28, 2024	Benchmark	Buy	Buy	Hold
Oct 23, 2024	Piper Sandler	Neutral	Neutral	Hold
Oct 03, 2024	Macquarie	Outperform	Outperform	Hold
Oct 01, 2024	MoffettNathanson	Sell	Neutral	Upgrade
Sep 25, 2024	Oppenheimer	Perform	Perform	Hold
Sep 25, 2024	Citigroup	Neutral	Neutral	Hold

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Roku's last stock rating was published by Loop Capital Markets on Oct 31, 2024. The company gave ROKU a "Hold" rating, the same as its previous rate.

Roku Financial Forecast

Roku Revenue Forecast

	Dec 28	Sep 28	Jun 28	Mar 28	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$984.42M	$912.02M	$847.19M	$740.99M	$867.06M	$761.37M	$764.41M	$733.70M	$865.33M	$679.95M
Avg Forecast	$1.99B	$1.82B	$1.69B	$1.54B	$1.69B	$1.54B	$1.45B	$1.44B	$1.47B	$1.36B	$1.25B	$1.16B	$1.30B	$1.19B	$1.10B	$1.00B	$1.14B	$1.02B	$937.68M	$848.77M	$967.70M	$857.00M	$774.66M	$708.12M	$802.58M	$696.13M	$803.95M	$718.08M	$894.01M	$683.50M
High Forecast	$2.01B	$1.85B	$1.72B	$1.56B	$1.71B	$1.56B	$1.47B	$1.46B	$1.49B	$1.38B	$1.27B	$1.18B	$1.32B	$1.21B	$1.12B	$1.01B	$1.15B	$1.02B	$937.73M	$851.39M	$983.77M	$879.77M	$784.27M	$716.91M	$812.54M	$696.13M	$803.95M	$718.08M	$894.01M	$683.50M
Low Forecast	$1.96B	$1.79B	$1.67B	$1.52B	$1.66B	$1.51B	$1.43B	$1.41B	$1.45B	$1.34B	$1.23B	$1.14B	$1.28B	$1.17B	$1.09B	$981.02M	$1.12B	$1.01B	$937.62M	$846.15M	$962.48M	$818.70M	$761.12M	$695.75M	$788.55M	$696.13M	$803.95M	$718.08M	$894.01M	$683.50M
# Analysts	5	5	5	5	6	6	6	6	9	9	9	9	5	5	5	12	16	8	9	9	10	26	13	15	14	12	12	24	25	13
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.02%	1.06%	1.09%	1.05%	1.08%	1.09%	0.95%	1.02%	0.97%	0.99%

Roku's average Quarter revenue forecast for Mar 24 based on 9 analysts is $848.77M, with a low forecast of $846.15M, and a high forecast of $851.39M. ROKU's average Quarter revenue forecast represents a -13.78% decrease compared to the company's last Quarter revenue of $984.42M (Dec 23).

Roku EBITDA Forecast

	Dec 28	Sep 28	Jun 28	Mar 28	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21
# Analysts	5	5	5	5	6	6	6	6	9	9	9	9	5	5	5	12	16	8	9	9	10	26	13	15	14	12	12	24	25	13
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$-199.25M	$-349.79M	$-72.19M	$-158.42M	$-208.90M	$-90.44M	$-83.18M	$-452.00K	$44.12M	$87.85M
Avg Forecast	$-72.80M	$-66.70M	$-62.00M	$-56.44M	$-61.84M	$-56.25M	$-53.17M	$-52.67M	$-53.96M	$-49.84M	$-45.91M	$-42.56M	$-47.57M	$-43.67M	$-40.42M	$-36.75M	$-41.84M	$-37.18M	$-34.31M	$-594.01K	$-35.41M	$-31.36M	$-28.34M	$-540.01K	$40.45M	$-13.22M	$-15.27M	$-426.89K	$-16.98M	$-12.98M
High Forecast	$-71.53M	$-65.53M	$-60.92M	$-55.46M	$-60.76M	$-55.27M	$-52.24M	$-51.75M	$-53.01M	$-48.97M	$-45.11M	$-41.82M	$-46.74M	$-42.91M	$-39.72M	$-35.89M	$-41.11M	$-37.12M	$-34.30M	$-475.21K	$-35.21M	$-29.95M	$-27.85M	$-432.01K	$48.54M	$-13.22M	$-15.27M	$-341.51K	$-16.98M	$-12.98M
Low Forecast	$-73.71M	$-67.53M	$-62.77M	$-57.14M	$-62.61M	$-56.95M	$-53.83M	$-53.33M	$-54.63M	$-50.46M	$-46.48M	$-43.09M	$-48.16M	$-44.21M	$-40.93M	$-37.12M	$-42.20M	$-37.25M	$-34.31M	$-712.82K	$-35.99M	$-32.19M	$-28.69M	$-648.02K	$32.36M	$-13.22M	$-15.27M	$-512.27K	$-16.98M	$-12.98M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5.63%	11.16%	2.55%	293.37%	-5.16%	6.84%	5.45%	1.06%	-2.60%	-6.77%

24 analysts predict ROKU's average Quarter EBITDA for Mar 22 to be $-426.89K, with a high of $-341.51K and a low of $-512.27K. This is -100.97% lower than Roku's previous annual EBITDA (Dec 21) of $44.12M.

Roku Net Income Forecast

	Dec 28	Sep 28	Jun 28	Mar 28	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21
# Analysts	5	5	5	5	6	6	6	6	9	9	9	9	5	5	5	12	16	8	9	9	10	26	13	15	14	12	12	24	25	13
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$-78.29M	$-330.07M	$-107.59M	$-193.60M	$-237.20M	$-122.18M	$-112.32M	$-26.31M	$23.69M	$68.94M
Avg Forecast	$-32.71M	$64.46M	$30.32M	$3.42M	$-52.83M	$35.90M	$7.29M	$-14.79M	$-37.32M	$9.55M	$-9.84M	$-10.79M	$-32.28M	$-6.56M	$-25.90M	$-41.16M	$-61.09M	$-46.09M	$-61.02M	$-34.57M	$-80.18M	$-297.48M	$-183.39M	$-31.43M	$21.71M	$-186.63M	$-102.89M	$-24.84M	$6.65M	$9.26M
High Forecast	$-31.97M	$65.50M	$30.81M	$3.47M	$-51.63M	$36.48M	$7.40M	$-14.45M	$-36.47M	$9.70M	$-9.62M	$-10.55M	$-31.55M	$-6.41M	$-25.31M	$-31.18M	$-48.87M	$-45.04M	$-59.64M	$-27.66M	$-55.51M	$-120.14M	$-179.23M	$-25.14M	$26.06M	$-186.63M	$-102.89M	$-19.88M	$6.65M	$9.26M
Low Forecast	$-33.24M	$63.00M	$29.63M	$3.34M	$-53.68M	$35.08M	$7.12M	$-15.03M	$-37.92M	$9.33M	$-10.00M	$-10.97M	$-32.80M	$-6.67M	$-26.32M	$-51.14M	$-73.31M	$-46.83M	$-62.01M	$-41.49M	$-173.93M	$-534.89M	$-186.35M	$-37.71M	$17.37M	$-186.63M	$-102.89M	$-29.81M	$6.65M	$9.26M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.98%	1.11%	0.59%	6.16%	-10.92%	0.65%	1.09%	1.06%	3.56%	7.45%

Roku's average Quarter net income forecast for Mar 22 is $-24.84M, with a range of $-29.81M to $-19.88M. ROKU's average Quarter net income forecast represents a -204.89% decrease compared to the company's last Quarter net income of $23.69M (Dec 21).

Roku SG&A Forecast

	Dec 28	Sep 28	Jun 28	Mar 28	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21
# Analysts	5	5	5	5	6	6	6	6	9	9	9	9	5	5	5	12	16	8	9	9	10	26	13	15	14	12	12	24	25	13
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$358.29M	$436.41M	$311.84M	$329.97M	$393.61M	$296.17M	$269.02M	$224.30M	$231.84M	$174.77M
Avg Forecast	$627.02M	$574.44M	$534.00M	$486.09M	$532.59M	$484.47M	$457.94M	$453.64M	$464.70M	$429.23M	$395.38M	$366.57M	$409.72M	$376.09M	$348.14M	$316.52M	$360.32M	$320.24M	$295.46M	$294.77M	$304.92M	$270.04M	$244.10M	$267.97M	$212.52M	$207.92M	$240.12M	$211.84M	$267.02M	$204.15M
High Forecast	$634.80M	$581.57M	$540.63M	$492.13M	$539.20M	$490.48M	$463.62M	$459.27M	$470.47M	$434.56M	$400.29M	$371.13M	$414.81M	$380.76M	$352.46M	$319.65M	$363.48M	$320.78M	$295.48M	$353.73M	$309.99M	$277.22M	$247.13M	$321.57M	$255.03M	$207.92M	$240.12M	$254.21M	$267.02M	$204.15M
Low Forecast	$616.06M	$564.40M	$524.67M	$477.60M	$523.29M	$476.00M	$449.94M	$445.71M	$456.58M	$421.73M	$388.47M	$360.17M	$402.56M	$369.52M	$342.06M	$309.12M	$354.03M	$319.71M	$295.45M	$235.82M	$303.28M	$257.97M	$239.83M	$214.38M	$170.02M	$207.92M	$240.12M	$169.47M	$267.02M	$204.15M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.18%	1.62%	1.28%	1.23%	1.85%	1.42%	1.12%	1.06%	0.87%	0.86%

Roku's average Quarter SG&A projection for Mar 24 is $294.77M, based on 9 Wall Street analysts, with a range of $235.82M to $353.73M. The forecast indicates a -17.73% fall compared to ROKU last annual SG&A of $358.29M (Dec 23).

Roku EPS Forecast

	Dec 28	Sep 28	Jun 28	Mar 28	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21
# Analysts	5	5	5	5	6	6	6	6	9	9	9	9	5	5	5	12	16	8	9	9	10	26	13	15	14	12	12	24	25	13
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$-0.55	$-2.33	$-0.76	$-1.38	$-1.70	$-0.88	$-0.82	$-0.19	$0.18	$0.52
Avg Forecast	$-0.23	$0.45	$0.21	$0.02	$-0.36	$0.25	$0.05	$-0.10	$-0.26	$0.07	$-0.07	$-0.07	$-0.22	$-0.05	$-0.18	$-0.28	$-0.42	$-0.32	$-0.42	$-0.61	$-0.55	$-2.05	$-1.27	$-1.47	$-1.72	$-1.29	$-0.71	$-0.19	$0.05	$0.06
High Forecast	$-0.22	$0.45	$0.21	$0.02	$-0.36	$0.25	$0.05	$-0.10	$-0.25	$0.07	$-0.07	$-0.07	$-0.22	$-0.04	$-0.17	$-0.22	$-0.34	$-0.31	$-0.41	$-0.59	$-0.38	$-0.83	$-1.24	$-1.43	$-1.68	$-1.29	$-0.71	$-0.19	$0.05	$0.06
Low Forecast	$-0.23	$0.43	$0.20	$0.02	$-0.37	$0.24	$0.05	$-0.10	$-0.26	$0.06	$-0.07	$-0.08	$-0.23	$-0.05	$-0.18	$-0.35	$-0.51	$-0.32	$-0.43	$-0.62	$-1.20	$-3.69	$-1.29	$-1.49	$-1.75	$-1.29	$-0.71	$-0.19	$0.05	$0.06
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.99%	1.13%	0.60%	0.94%	0.99%	0.68%	1.15%	0.99%	3.91%	8.11%

According to 24 Wall Street analysts, Roku's projected average Quarter EPS for Mar 22 is $-0.19, with a low estimate of $-0.19 and a high estimate of $-0.19. This represents a -206.14% decrease compared to ROKU previous annual EPS of $0.18 (Dec 21).

Roku Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
WBD	Warner Bros. Discovery	$9.95	$17.13	72.16%	Buy
ROKU	Roku	$68.71	$110.03	60.14%	Buy
PARA	Paramount Global	$10.58	$16.12	52.36%	Hold
DIS	Walt Disney Company	$114.26	$135.61	18.69%	Buy
AMC	AMC Entertainment	$4.44	$4.68	5.41%	Hold
NFLX	Netflix	$883.85	$608.20	-31.19%	Buy

ROKU Forecast FAQ

Is Roku a good buy?

Yes, according to 31 Wall Street analysts, Roku (ROKU) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 19 'Buy' recommendations, accounting for 61.29% of ROKU's total ratings.

What is ROKU's price target?

Roku (ROKU) average price target is $110.03 with a range of $30 to $410, implying a 60.14% from its last price of $68.71. The data is based on 31 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Roku stock go up soon?

According to Wall Street analysts' prediction for ROKU stock, the company can go up by 60.14% (from the last price of $68.71 to the average price target of $110.03), up by 496.71% based on the highest stock price target, and down by -56.34% based on the lowest stock price target.

Can Roku stock reach $100?

ROKU's average twelve months analyst stock price target of $110.03 supports the claim that Roku can reach $100 in the near future.

What is Roku's current price target trend?

7 Wall Street analysts forecast a $74.29 price target for Roku (ROKU) this month, up 8.12% from its last price of $68.71. Compared to the last 3 and 12 months, the average price target increased by 14.87% and increased by 14.34%, respectively.

What are Roku's analysts' financial forecasts?

Roku's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $6.12B (high $6.2B, low $6.01B), average EBITDA is $-224M (high $-220M, low $-227M), average net income is $-24.438M (high $-22.206M, low $-26.512M), average SG&A $1.93B (high $1.95B, low $1.89B), and average EPS is $-0.169 (high $-0.153, low $-0.183). ROKU's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $7.05B (high $7.14B, low $6.93B), average EBITDA is $-258M (high $-253M, low $-261M), average net income is $65.49M (high $67.82M, low $62.73M), average SG&A $2.22B (high $2.25B, low $2.18B), and average EPS is $0.452 (high $0.468, low $0.433).

Did the ROKU's actual financial results beat the analysts' financial forecasts?

Based on Roku's last annual report (Dec 2023), the company's revenue was $3.48B, beating the average analysts forecast of $3.31B by 5.36%. Apple's EBITDA was $-792M, beating the average prediction of $-95.643M by 728.47%. The company's net income was $-710M, beating the average estimation of $-592M by 19.76%. Apple's SG&A was $1.44B, beating the average forecast of $1.09B by 32.15%. Lastly, the company's EPS was $-5.01, missing the average prediction of $-5.339 by -6.16%. In terms of the last quarterly report (Dec 2023), Roku's revenue was $984.42M, beating the average analysts' forecast of $967.7M by 1.73%. The company's EBITDA was $-199M, beating the average prediction of $-35.405M by 462.76%. Roku's net income was $-78.291M, missing the average estimation of $-80.178M by -2.35%. The company's SG&A was $358.29M, beating the average forecast of $304.92M by 17.50%. Lastly, the company's EPS was $-0.55, missing the average prediction of $-0.553 by -0.63%