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Roku Inc has a consensus price target of $83.6 based on the ratings of 27 analysts. The high is $116 issued by Cannonball Research on November 27, 2023. The low is $55 issued by Jefferies on November 1, 2024. The 3 most-recent analyst ratings were released by Baird, Jefferies, and Wells Fargo on November 18, 2024, November 1, 2024, and October 31, 2024, respectively. With an average price target of $73 between Baird, Jefferies, and Wells Fargo, there's an implied 6.26% upside for Roku Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Roku (NASDAQ:ROKU) was reported by Baird on November 18, 2024. The analyst firm set a price target for $90.00 expecting ROKU to rise to within 12 months (a possible 31.01% upside). 59 analyst firms have reported ratings in the last year.
The latest analyst rating for Roku (NASDAQ:ROKU) was provided by Baird, and Roku upgraded their outperform rating.
The last upgrade for Roku Inc happened on November 18, 2024 when Baird raised their price target to $90. Baird previously had a neutral for Roku Inc.
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.
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 November 18, 2024 so you should expect the next rating to be made available sometime around November 18, 2025.
While ratings are subjective and will change, the latest Roku (ROKU) rating was a upgraded with a price target of $70.00 to $90.00. The current price Roku (ROKU) is trading at is $68.70, which is out of the analyst’s predicted range.
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