Roku price target raised to $140 from $130 at Wedbush

Wedbush raised the firm’s price target on Roku (ROKU) to $140 from $130 and keeps an Outperform rating on the shares. The firm notes Roku is on Wedbush’s Best Ideas List given accelerating monetization with an underappreciated runway; improving profitability as it remains focused on delivering strong free cash flow amid growth; and a favorable tax position likely leading to higher free cash flow available for share repurchases. With its Q4 results and 2026 guidance, Roku clearly demonstrated its ability to drive increasingly profitable growth for years to come, Wedbush argues.