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03.11.2024 12:35:00

Where Will Roku Stock Be in 5 Years?

Roku (NASDAQ: ROKU) is a peculiar company. It is a streaming TV platform, a sector littered by big technology companies with close to unlimited budgets. And yet, Roku is the market share leader in the United States and increasingly growing in international markets such as Mexico. The company had no right to win in streaming, but today has 85.5 million streaming TV households playing 32 billion video hours a quarter.The stock has not reflected this remarkable market dominance. Shares are actually down 57% in the past five years, likely due to investor skepticism around the platform's profitability (or lack thereof). However, the past does not equal the future. Roku's business keeps growing, and now its stock is trading at some of its cheapest levels in years.Does that bode well for shareholders over the next five years? Time to dig into the numbers and find out.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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Roku Inc. 68,98 -0,01% Roku Inc.