# Roku, Inc.  Share Price Target ‘$88.94’, now -5.9% Downside Potential

- Link: https://www.directorstalkinterviews.com/roku-inc.share-price-target-88.94-now-5.9-downside-potential/4121141929
- Published: 2024-02-09T14:12:30+00:00
- Author: Charlotte Edwards

**Roku, Inc.** which can be found using ticker (ROKU) have now 25 market analysts
covering the stock. The analyst consensus now points to a rating of ‘hold’. The 
target price High/Low ranges between $120.00 and $50.00 and has a mean share price
target at $88.94. (at the time of writing). Given that the stocks previous close
was at $94.49 this would imply there is a potential downside of -5.9%. There is 
a 50 day moving average of $93.71 and the 200 day moving average is $76.92. The 
market capitalization for the company is 13.49B. The stock price is currently at:
$94.70 USD

 The potential market cap would be $12,701,759,920 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of -, revenue per share of $23.93 and
a -8.53% return on assets.

Roku, Inc. is a television (TV) streaming platform in the United States, Mexico 
and Canada. The Company is engaged in the sale of digital advertising and related
services, including demand-side platform and content distribution services such 
as subscription and transaction revenue shares, media and entertainment promotional
spending, the sale of premium subscriptions, and the sale of branded channel buttons
on remote controls. It has two segments: Platform and Devices. Platform segment 
sells digital advertising to advertisers directly or through advertising agencies
and to content publishers for their media and entertainment promotions via various
campaign tools. Devices segment sells the majority of its devices in the United 
States through retailers and distributors, as well as through the Company’s Website.
Devices revenue primarily consists of hardware, embedded software, and unspecified
upgrades and updates on a when and if-available basis.

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