$57.45
0.13[0.23%]
At close: May 31
$57.45
0[0.00%]
After Hours: 7:56PM EDT
Roku Stock (NASDAQ:ROKU), Analyst Ratings, Price Targets, Predictions
Roku Inc has a consensus price target of $67.18, established from looking at the 100 latest analyst ratings. The last 3 analyst ratings were released from Needham, Jefferies, and Citigroup on May 17, 2024, May 2, 2024, and April 30, 2024. With an average price target of $73.33 between Needham, Jefferies, and Citigroup, there's an implied 27.65% upside for Roku Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Needham
Jefferies
Citigroup
Seaport Global
Susquehanna
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Roku
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 05/17/2024 | Buy Now | 74.06% | Needham | Laura Martin | → $100 | Reiterates | Buy → Buy | Get Alert |
| 05/02/2024 | Buy Now | -12.97% | Jefferies | James Heaney | → $50 | Assumes | Underperform → Underperform | Get Alert |
| 04/30/2024 | Buy Now | 21.85% | Citigroup | Jason Bazinet | $75 → $70 | Maintains | Neutral | Get Alert |
| 04/29/2024 | Buy Now | 28.81% | Seaport Global | David Joyce | → $74 | Upgrade | Neutral → Buy | Get Alert |
| 04/29/2024 | Buy Now | 39.25% | Susquehanna | Shyam Patil | $110 → $80 | Maintains | Positive | Get Alert |
| 04/26/2024 | Buy Now | -9.49% | Wells Fargo | Steven Cahall | $45 → $52 | Maintains | Underweight | Get Alert |
| 04/26/2024 | Buy Now | 13.14% | Piper Sandler | Matt Farrell | $81 → $65 | Reiterates | Neutral → Neutral | Get Alert |
| 04/26/2024 | Buy Now | 30.55% | Wedbush | Michael Pachter | $80 → $75 | Maintains | Outperform | Get Alert |
| 04/26/2024 | Buy Now | 82.77% | Benchmark | Daniel Kurnos | $115 → $105 | Maintains | Buy | Get Alert |
| 04/26/2024 | Buy Now | 54.92% | Rosenblatt | Barton Crockett | $89 → $89 | Maintains | Neutral | Get Alert |
| 04/26/2024 | Buy Now | 74.06% | Needham | Laura Martin | → $100 | Reiterates | Buy → Buy | Get Alert |
| 04/19/2024 | Buy Now | 100.17% | Benchmark | Daniel Kurnos | → $115 | Reiterates | Buy → Buy | Get Alert |
| 04/19/2024 | Buy Now | 39.25% | Wedbush | Michael Pachter | $120 → $80 | Maintains | Outperform | Get Alert |
| 04/12/2024 | Buy Now | -21.67% | Wells Fargo | Steven Cahall | $51 → $45 | Maintains | Underweight | Get Alert |
| 04/05/2024 | Buy Now | 4.44% | Morgan Stanley | Benjamin Swinburne | $65 → $60 | Maintains | Underweight | Get Alert |
| 02/27/2024 | Buy Now | -11.23% | Wells Fargo | Steven Cahall | $77 → $51 | Downgrade | Equal-Weight → Underweight | Get Alert |
| 02/21/2024 | Buy Now | 74.06% | Needham | Laura Martin | → $100 | Reiterates | Buy → Buy | Get Alert |
| 02/16/2024 | Buy Now | 82.77% | Stephens & Co. | Nicholas Zangler | → $105 | Reiterates | Overweight → Overweight | Get Alert |
| 02/16/2024 | Buy Now | 108.88% | Wedbush | Michael Pachter | → $120 | Reiterates | Outperform → Outperform | Get Alert |
| 02/16/2024 | Buy Now | 91.47% | Susquehanna | Shyam Patil | $100 → $110 | Maintains | Positive | Get Alert |
| 02/16/2024 | Buy Now | — | Oppenheimer | Jason Helfstein | — | Downgrade | Outperform → Perform | Get Alert |
| 02/09/2024 | Buy Now | 108.88% | Wedbush | Michael Pachter | → $120 | Reiterates | Outperform → Outperform | Get Alert |
| 01/19/2024 | Buy Now | — | Seaport Global | David Joyce | — | Upgrade | Sell → Neutral | Get Alert |
| 12/18/2023 | Buy Now | 30.55% | Seaport Global | David Joyce | → $75 | Downgrade | Neutral → Sell | Get Alert |
| 12/15/2023 | Buy Now | 14.88% | MoffettNathanson | Michael Nathanson | $64 → $66 | Downgrade | Neutral → Sell | Get Alert |
| 11/27/2023 | Buy Now | 101.91% | Cannonball Research | Vasily Karasyov | → $116 | Upgrade | Neutral → Buy | Get Alert |
| 11/02/2023 | Buy Now | 74.06% | Susquehanna | Shyam Patil | $95 → $100 | Maintains | Positive | Get Alert |
| 11/02/2023 | Buy Now | 30.55% | Pivotal Research | Jeffrey Wlodarczak | $58 → $75 | Upgrade | Sell → Hold | Get Alert |
| 10/31/2023 | Buy Now | -4.26% | MoffettNathanson | Michael Nathanson | → $55 | Upgrade | Sell → Neutral | Get Alert |
| 10/23/2023 | Buy Now | 21.85% | Truist Securities | Matthew Thornton | $80 → $70 | Maintains | Hold | Get Alert |
FAQ
What is the target price for Roku (ROKU)?
The latest price target for Roku (NASDAQ: ROKU) was reported by Needham on May 17, 2024. The analyst firm set a price target for $100.00 expecting ROKU to rise to within 12 months (a possible 74.06% upside). 62 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Roku (ROKU)?
The latest analyst rating for Roku (NASDAQ: ROKU) was provided by Needham, and Roku reiterated their buy rating.
When was the last upgrade for Roku (ROKU)?
The last upgrade for Roku Inc happened on April 29, 2024 when Seaport Global raised their price target to $74. Seaport Global previously had a neutral for Roku Inc.
When was the last downgrade for Roku (ROKU)?
The last downgrade for Roku Inc happened on February 27, 2024 when Wells Fargo changed their price target from $77 to $51 for Roku Inc.
When is the next analyst rating going to be posted or updated for Roku (ROKU)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Roku, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Roku was filed on May 17, 2024 so you should expect the next rating to be made available sometime around May 17, 2025.
Is the Analyst Rating Roku (ROKU) correct?
While ratings are subjective and will change, the latest Roku (ROKU) rating was a reiterated with a price target of $100.00 to $100.00. The current price Roku (ROKU) is trading at is $57.45, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.