Financial PerformanceAnalyst's recommendation for Roku is a Buy rating with a price objective of $110, highlighting the company's potential to expand its top and bottom line.
Industry TrendsRoku is expected to benefit from several favorable industry trends, including growth in CTV advertising and secular growth in streaming video both domestically and internationally.
PartnershipsRoku recently announced a deeper integration with Freewheel which comes on the heels of their Amazon announcement, indicating a strengthening of relationships with ad-tech partners.