Wall Street is positive on Roku Inc (ROKU). On average, analysts give Roku Inc a Buy rating. The average price target is $131.875, which means analysts expect the stock to lose by -16.97% over the next twelve months.
That average ranking earns Roku Inc an Analyst Rating of 35, which is better than 35% of stocks based on data compiled by InvestorsObserver.
Why are Analyst Ratings Important?
Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve.
Investors Observer combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.
What's Happening With Roku Inc Stock Today?
Roku Inc (ROKU) stock is up 6.11% while the S&P 500 is lower by -0.16% as of 10:35 AM on Friday, Jul 10. ROKU is higher by $9.14 from the previous closing price of $149.69 on volume of 7,088,439 shares. Over the past year the S&P 500 has risen 4.91% while ROKU is higher by 51.93%. ROKU lost -$0.88 per share the over the last 12 months.
