Roku Inc (ROKU) Stock: What to Expect After Pullback

 

Shares of Roku Inc (ROKU) stock are down more than 16% from Monday’s closing price of $74.12. ROKU has been in a steady uptrend since the Christmas rally began. ROKU stock is higher by 67.05% over the last 12 months, and the average rating from Wall Street analysts is a Moderate Buy. Stock Score Report, InvestorsObserver’s proprietary scoring system, gives ROKU stock a score of 54 out of a possible 100.

That score is chiefly influenced by a long-term technical score of 98. ROKU’s score also includes a short-term technical score of 54. The fundamental score for ROKU stock is 10. In addition to the average rating from Wall Street analysts, ROKU stock has a mean target price of $60.17. This means analysts expect the stock to fall 2.46% over the next 12 months.

What’s Happening with ROKU Stock Today

Roku Inc (ROKU) stock has gained 1.56% while the S&P 500 is lower by -0.08% as of 2:37 PM on Thursday, Mar 14. ROKU stock is higher by $0.95 from the previous closing price of $60.74 on volume of 20,289,157 shares. Over the past year the S&P 500 is up 2.15% while ROKU is higher by 67.05%. ROKU stock lost -$0.09 share in the over the last 12 months.

Get more analysis and trade ideas on Roku Inc (ROKU) stock.

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Symbols: ROKU

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