$58.99
0.42[0.72%]
At close: Apr 23
$58.99
0[0.00%]
PreMarket: 9:11AM EDT
Roku Stock (NASDAQ:ROKU), Analyst Ratings, Price Targets, Predictions
Roku Inc has a consensus price target of $62.52, established from looking at the 100 latest analyst ratings. The last 3 analyst ratings were released from Benchmark, Wedbush, and Wells Fargo on April 19, 2024, April 19, 2024, and April 12, 2024. With an average price target of $80 between Benchmark, Wedbush, and Wells Fargo, there's an implied 35.62% upside for Roku Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Benchmark
Wedbush
Wells Fargo
Morgan Stanley
Needham
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Roku
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/19/2024 | ROKU | Buy Now | Roku | $58.99 | 94.95% | Benchmark | Daniel Kurnos | → $115 | Reiterates | Buy → Buy | Get Alert |
| 04/19/2024 | ROKU | Buy Now | Roku | $58.99 | 35.62% | Wedbush | Michael Pachter | $120 → $80 | Maintains | Outperform | Get Alert |
| 04/12/2024 | ROKU | Buy Now | Roku | $58.99 | -23.72% | Wells Fargo | Steven Cahall | $51 → $45 | Maintains | Underweight | Get Alert |
| 04/05/2024 | ROKU | Buy Now | Roku | $58.99 | 1.71% | Morgan Stanley | Benjamin Swinburne | $65 → $60 | Maintains | Underweight | Get Alert |
| 02/27/2024 | ROKU | Buy Now | Roku | $58.99 | -13.54% | Wells Fargo | Steven Cahall | $77 → $51 | Downgrade | Equal-Weight → Underweight | Get Alert |
| 02/21/2024 | ROKU | Buy Now | Roku | $58.99 | 69.52% | Needham | Laura Martin | → $100 | Reiterates | Buy → Buy | Get Alert |
| 02/16/2024 | ROKU | Buy Now | Roku | $58.99 | 78% | Stephens & Co. | Nicholas Zangler | → $105 | Reiterates | Overweight → Overweight | Get Alert |
| 02/16/2024 | ROKU | Buy Now | Roku | $58.99 | 103.42% | Wedbush | Michael Pachter | → $120 | Reiterates | Outperform → Outperform | Get Alert |
| 02/16/2024 | ROKU | Buy Now | Roku | $58.99 | 86.47% | Susquehanna | Shyam Patil | $100 → $110 | Maintains | Positive | Get Alert |
| 02/16/2024 | ROKU | Buy Now | Roku | $58.99 | — | Oppenheimer | Jason Helfstein | — | Downgrade | Outperform → Perform | Get Alert |
| 02/09/2024 | ROKU | Buy Now | Roku | $58.99 | 103.42% | Wedbush | Michael Pachter | → $120 | Reiterates | Outperform → Outperform | Get Alert |
| 01/19/2024 | ROKU | Buy Now | Roku | $58.99 | — | Seaport Global | David Joyce | — | Upgrade | Sell → Neutral | Get Alert |
| 12/18/2023 | ROKU | Buy Now | Roku | $58.99 | 27.14% | Seaport Global | David Joyce | → $75 | Downgrade | Neutral → Sell | Get Alert |
| 12/15/2023 | ROKU | Buy Now | Roku | $58.99 | 11.88% | MoffettNathanson | Michael Nathanson | $64 → $66 | Downgrade | Neutral → Sell | Get Alert |
| 11/27/2023 | ROKU | Buy Now | Roku | $58.99 | 96.64% | Cannonball Research | Vasily Karasyov | → $116 | Upgrade | Neutral → Buy | Get Alert |
| 11/02/2023 | ROKU | Buy Now | Roku | $58.99 | 69.52% | Susquehanna | Shyam Patil | $95 → $100 | Maintains | Positive | Get Alert |
| 11/02/2023 | ROKU | Buy Now | Roku | $58.99 | 27.14% | Pivotal Research | Jeffrey Wlodarczak | $58 → $75 | Upgrade | Sell → Hold | Get Alert |
| 10/31/2023 | ROKU | Buy Now | Roku | $58.99 | -6.76% | MoffettNathanson | Michael Nathanson | → $55 | Upgrade | Sell → Neutral | Get Alert |
| 10/23/2023 | ROKU | Buy Now | Roku | $58.99 | 18.66% | 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 Benchmark on April 19, 2024. The analyst firm set a price target for $115.00 expecting ROKU to rise to within 12 months (a possible 94.95% 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 Benchmark, and Roku reiterated their buy rating.
When was the last upgrade for Roku (ROKU)?
The last upgrade for Roku Inc happened on January 19, 2024 when Seaport Global raised their price target to N/A. Seaport Global previously had a sell 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 April 19, 2024 so you should expect the next rating to be made available sometime around April 19, 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 $0.00 to $115.00. The current price Roku (ROKU) is trading at is $58.99, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.