Roku (ROKU) Stock Forecast, Price Target & Predictions
ROKU Stock Forecast
Roku stock forecast is as follows: an average price target of $118.43 (represents a 56.05% upside from ROKU’s last price of $75.89) 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 $118.43 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 56.05% upside from ROKU's last price of $75.89.
ROKU Analyst Ratings
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%), 12 'Hold' (38.71%), 0 'Sell' (0.00%), 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 |
|---|---|---|---|---|---|---|
| Oct 01, 2024 | Michael Nathanson | MoffettNathanson | $80.00 | $74.66 | 7.15% | 5.42% |
| Sep 30, 2024 | Ruplu Bhattacharya | Bank of America Securities | $90.00 | $74.41 | 20.95% | 18.59% |
| Sep 25, 2024 | Jason Bazinet | Citigroup | $77.00 | $76.36 | 0.84% | 1.46% |
| Sep 18, 2024 | David Joyce | Seaport Global | $85.00 | $76.24 | 11.49% | 12.00% |
| Sep 12, 2024 | Peter Supino | Wolfe Research | $93.00 | $74.72 | 24.46% | 22.55% |
| Sep 05, 2024 | Steven Cahall | Wells Fargo | $72.00 | $63.55 | 13.30% | -5.13% |
| Aug 23, 2024 | Michael Morris | Guggenheim | $75.00 | $69.13 | 8.49% | -1.17% |
| Aug 06, 2024 | Jason Bazinet | Citigroup | $60.00 | $53.03 | 13.14% | -20.94% |
| Aug 05, 2024 | Jeffrey Wlodarczak | Pivotal Research | $65.00 | $53.14 | 22.32% | -14.35% |
| Aug 02, 2024 | Tim Nollen | Macquarie | $72.00 | $54.61 | 31.84% | -5.13% |
The latest Roku stock forecast, released on Oct 01, 2024 by Michael Nathanson from MoffettNathanson, set a price target of $80.00, which represents a 7.15% increase from the stock price at the time of the forecast ($74.66), and a 5.42% increase from ROKU last price ($75.89).
Roku Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 5 | 11 | 23 |
| Avg Price Target | $85.00 | $78.00 | $81.42 |
| Last Closing Price | $75.89 | $75.89 | $75.89 |
| Upside/Downside | 12.00% | 2.78% | 7.29% |
In the current month, the average price target of Roku stock is $85.00, according to 5 Wall Street analysts offering twelve months forecast. The average price target represents a 12.00% increase as opposed to Roku's last price of $75.89. This month's average price target is up 8.97% compared to last quarter, and up 4.40% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 |
| Sep 18, 2024 | Seaport Global | Buy | Buy | Hold |
| Sep 18, 2024 | Needham | Buy | Buy | Hold |
| Sep 12, 2024 | Benchmark | Buy | Buy | Hold |
| Sep 12, 2024 | Wolfe Research | Underperform | Outperform | Upgrade |
| Sep 05, 2024 | Wells Fargo | Underweight | Equal-Weight | Upgrade |
| Aug 09, 2024 | RBC Capital | Outperform | Outperform | Hold |
Roku's last stock rating was published by Macquarie on Oct 03, 2024. The company gave ROKU a "Outperform" 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $984.42M | $912.02M | $847.19M | $740.99M | $867.06M | $761.37M | - | $733.70M | $865.33M | $679.95M |
| Avg Forecast | $1.92B | $1.75B | $1.65B | $1.50B | $1.71B | $1.55B | $1.46B | $1.32B | $1.45B | $1.31B | $1.24B | $1.14B | $1.27B | $1.15B | $1.09B | $997.79M | $1.11B | $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 | $1.92B | $1.75B | $1.65B | $1.50B | $1.71B | $1.55B | $1.46B | $1.32B | $1.45B | $1.31B | $1.24B | $1.14B | $1.27B | $1.15B | $1.09B | $997.79M | $1.11B | $1.03B | $937.68M | $848.77M | $983.77M | $879.77M | $774.66M | $708.12M | $802.58M | $696.13M | $803.95M | $741.67M | $923.39M | $705.96M |
| Low Forecast | $1.92B | $1.75B | $1.65B | $1.50B | $1.71B | $1.55B | $1.46B | $1.32B | $1.45B | $1.31B | $1.24B | $1.14B | $1.27B | $1.15B | $1.09B | $997.79M | $1.11B | $1.02B | $937.68M | $848.77M | $962.48M | $818.70M | $774.66M | $708.12M | $802.58M | $696.13M | $803.95M | $703.13M | $875.40M | $669.27M |
| # Analysts | 12 | 7 | 7 | 8 | 13 | 8 | 8 | 9 | 13 | 8 | 8 | 9 | 12 | 7 | 7 | 8 | 13 | 16 | 8 | 9 | 10 | 26 | 13 | 15 | 14 | 12 | 13 | 12 | 13 | 13 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.06% | 1.09% | 1.05% | 1.08% | 1.09% | - | 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 $848.77M, and a high forecast of $848.77M. 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 12 | 7 | 7 | 8 | 13 | 8 | 8 | 9 | 13 | 8 | 8 | 9 | 12 | 7 | 7 | 8 | 13 | 16 | 8 | 9 | 10 | 26 | 13 | 15 | 14 | 12 | 13 | 12 | 13 | 13 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-199.25M | $-349.79M | $-72.19M | $-158.42M | $-208.90M | $-90.44M | - | $-452.00K | $44.12M | $87.85M |
| Avg Forecast | $-36.50M | $-33.21M | $-31.33M | $-28.43M | $-32.42M | $-29.46M | $-27.75M | $-25.14M | $-27.54M | $-24.94M | $-23.53M | $-21.61M | $-24.08M | $-21.88M | $-20.77M | $-18.95M | $-21.10M | $-19.28M | $-17.81M | $-594.01K | $-18.38M | $-16.28M | $-14.71M | $-540.01K | $40.45M | $-13.22M | $-15.27M | $-426.89K | $36.77M | $474.37M |
| High Forecast | $-36.50M | $-33.21M | $-31.33M | $-28.43M | $-32.42M | $-29.46M | $-27.75M | $-25.14M | $-27.54M | $-24.94M | $-23.53M | $-21.61M | $-24.08M | $-21.88M | $-20.77M | $-18.95M | $-21.10M | $-19.28M | $-17.81M | $-475.21K | $-18.28M | $-15.55M | $-14.71M | $-432.01K | $48.54M | $-13.22M | $-15.27M | $-341.51K | $44.12M | $569.25M |
| Low Forecast | $-36.50M | $-33.21M | $-31.33M | $-28.43M | $-32.42M | $-29.46M | $-27.75M | $-25.14M | $-27.54M | $-24.94M | $-23.53M | $-21.61M | $-24.08M | $-21.88M | $-20.77M | $-18.95M | $-21.10M | $-19.47M | $-17.81M | $-712.82K | $-18.69M | $-16.71M | $-14.71M | $-648.02K | $32.36M | $-13.22M | $-15.27M | $-512.27K | $29.42M | $379.50M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10.84% | 21.49% | 4.91% | 293.37% | -5.16% | 6.84% | - | 1.06% | 1.20% | 0.19% |
12 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 12 | 7 | 7 | 8 | 13 | 8 | 8 | 9 | 13 | 8 | 8 | 9 | 12 | 7 | 7 | 8 | 13 | 16 | 8 | 9 | 10 | 26 | 13 | 15 | 14 | 12 | 13 | 12 | 13 | 13 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-78.29M | $-330.07M | $-107.59M | $-193.60M | $-237.20M | $-122.18M | - | $-26.31M | $23.69M | $68.94M |
| Avg Forecast | $25.75M | $63.61M | $27.66M | $16.56M | $-1.47M | $35.00M | $11.53M | $-1.59M | $-10.58M | $7.71M | $2.92M | $-14.69M | $-31.11M | $-22.13M | $-24.97M | $-42.85M | $-62.57M | $-45.93M | $-60.80M | $-34.57M | $-79.89M | $-296.41M | $-182.73M | $-31.43M | $21.71M | $-186.63M | $-102.47M | $-24.84M | $19.74M | $372.25M |
| High Forecast | $25.75M | $63.61M | $27.66M | $16.56M | $-1.47M | $35.00M | $11.53M | $-1.59M | $-10.58M | $7.71M | $2.92M | $-14.69M | $-31.11M | $-22.13M | $-24.97M | $-42.85M | $-62.57M | $-42.00M | $-60.80M | $-27.66M | $-55.31M | $-119.70M | $-182.73M | $-25.14M | $26.06M | $-186.63M | $-102.47M | $-19.88M | $23.69M | $446.70M |
| Low Forecast | $25.75M | $63.61M | $27.66M | $16.56M | $-1.47M | $35.00M | $11.53M | $-1.59M | $-10.58M | $7.71M | $2.92M | $-14.69M | $-31.11M | $-22.13M | $-24.97M | $-42.85M | $-62.57M | $-49.87M | $-60.80M | $-41.49M | $-173.30M | $-532.96M | $-182.73M | $-37.71M | $17.37M | $-186.63M | $-102.47M | $-29.81M | $15.79M | $297.80M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 1.11% | 0.59% | 6.16% | -10.92% | 0.65% | - | 1.06% | 1.20% | 0.19% |
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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 12 | 7 | 7 | 8 | 13 | 8 | 8 | 9 | 13 | 8 | 8 | 9 | 12 | 7 | 7 | 8 | 13 | 16 | 8 | 9 | 10 | 26 | 13 | 15 | 14 | 12 | 13 | 12 | 13 | 13 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $358.29M | $436.41M | $311.84M | $329.97M | $393.61M | $296.17M | - | $224.30M | $231.84M | $174.77M |
| Avg Forecast | $573.88M | $522.11M | $492.66M | $447.07M | $509.71M | $463.22M | $436.37M | $395.35M | $433.06M | $392.18M | $369.94M | $339.78M | $378.64M | $344.09M | $326.53M | $298.02M | $331.77M | $303.21M | $280.06M | $294.77M | $289.03M | $255.97M | $231.37M | $267.97M | $212.52M | $207.92M | $240.12M | $211.84M | $193.20M | $204.15M |
| High Forecast | $573.88M | $522.11M | $492.66M | $447.07M | $509.71M | $463.22M | $436.37M | $395.35M | $433.06M | $392.18M | $369.94M | $339.78M | $378.64M | $344.09M | $326.53M | $298.02M | $331.77M | $306.22M | $280.06M | $353.73M | $293.83M | $262.77M | $231.37M | $321.57M | $255.03M | $207.92M | $240.12M | $254.21M | $231.84M | $210.85M |
| Low Forecast | $573.88M | $522.11M | $492.66M | $447.07M | $509.71M | $463.22M | $436.37M | $395.35M | $433.06M | $392.18M | $369.94M | $339.78M | $378.64M | $344.09M | $326.53M | $298.02M | $331.77M | $303.21M | $280.06M | $235.82M | $287.47M | $244.53M | $231.37M | $214.38M | $170.02M | $207.92M | $240.12M | $169.47M | $154.56M | $199.89M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.24% | 1.70% | 1.35% | 1.23% | 1.85% | 1.42% | - | 1.06% | 1.20% | 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 12 | 7 | 7 | 8 | 13 | 8 | 8 | 9 | 13 | 8 | 8 | 9 | 12 | 7 | 7 | 8 | 13 | 16 | 8 | 9 | 10 | 26 | 13 | 15 | 14 | 12 | 13 | 12 | 13 | 13 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.55 | $-2.33 | $-0.76 | $-1.38 | $-1.70 | $-0.88 | - | $-0.19 | $0.18 | $0.52 |
| Avg Forecast | $0.18 | $0.44 | $0.19 | $0.11 | $-0.01 | $0.24 | $0.08 | $-0.01 | $-0.07 | $0.05 | $0.02 | $-0.10 | $-0.22 | $-0.15 | $-0.17 | $-0.30 | $-0.43 | $-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 | $0.18 | $0.44 | $0.19 | $0.11 | $-0.01 | $0.24 | $0.08 | $-0.01 | $-0.07 | $0.05 | $0.02 | $-0.10 | $-0.22 | $-0.15 | $-0.17 | $-0.30 | $-0.43 | $-0.29 | $-0.42 | $-0.61 | $-0.38 | $-0.83 | $-1.27 | $-1.47 | $-1.72 | $-1.29 | $-0.71 | $-0.19 | $0.05 | $0.07 |
| Low Forecast | $0.18 | $0.44 | $0.19 | $0.11 | $-0.01 | $0.24 | $0.08 | $-0.01 | $-0.07 | $0.05 | $0.02 | $-0.10 | $-0.22 | $-0.15 | $-0.17 | $-0.30 | $-0.43 | $-0.35 | $-0.42 | $-0.61 | $-1.20 | $-3.69 | $-1.27 | $-1.47 | $-1.72 | $-1.29 | $-0.71 | $-0.20 | $0.04 | $0.06 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 1.13% | 0.60% | 0.94% | 0.99% | 0.68% | - | 0.99% | 3.91% | 8.11% |
According to 12 Wall Street analysts, Roku's projected average Quarter EPS for Mar 22 is $-0.19, with a low estimate of $-0.20 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 | $7.78 | $17.13 | 120.18% | Buy |
| ROKU | Roku | $75.89 | $118.43 | 56.05% | Buy |
| PARA | Paramount Global | $10.52 | $16.35 | 55.42% | Buy |
| DIS | Walt Disney Company | $95.15 | $136.41 | 43.36% | Buy |
| AMC | AMC Entertainment | $4.40 | $5.17 | 17.50% | Hold |
| NFLX | Netflix | $719.70 | $550.73 | -23.48% | 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 $118.43 with a range of $30 to $410, implying a 56.05% from its last price of $75.89. 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 56.05% (from the last price of $75.89 to the average price target of $118.43), up by 440.26% based on the highest stock price target, and down by -60.47% based on the lowest stock price target.
Can Roku stock reach $110?
ROKU's average twelve months analyst stock price target of $118.43 supports the claim that Roku can reach $110 in the near future.
What is Roku's current price target trend?
5 Wall Street analysts forecast a $85 price target for Roku (ROKU) this month, up 12.00% from its last price of $75.89. Compared to the last 3 and 12 months, the average price target increased by 2.78% and increased by 7.29%, 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 $6.04B (high $6.04B, low $6.04B), average EBITDA is $-115M (high $-115M, low $-115M), average net income is $43.47M (high $43.47M, low $43.47M), average SG&A $1.8B (high $1.8B, low $1.8B), and average EPS is $0.301 (high $0.301, low $0.301). ROKU's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $6.82B (high $6.82B, low $6.82B), average EBITDA is $-129M (high $-129M, low $-129M), average net income is $133.57M (high $133.57M, low $133.57M), average SG&A $2.04B (high $2.04B, low $2.04B), and average EPS is $0.925 (high $0.925, low $0.925).
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 $-49.915M by 1487.44%. The company's net income was $-710M, beating the average estimation of $-590M by 20.17%. Apple's SG&A was $1.44B, beating the average forecast of $1.04B by 37.55%. 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 $-18.382M by 983.95%. Roku's net income was $-78.291M, missing the average estimation of $-79.889M by -2.00%. The company's SG&A was $358.29M, beating the average forecast of $289.03M by 23.96%. Lastly, the company's EPS was $-0.55, missing the average prediction of $-0.553 by -0.63%