Roku Inc., $ROKU Current price: $323.07 Target price: $40 | 🚀 Robin Rocket

Roku Inc., $ROKU

Current price: $323.07
Target price: $400

Roku Inc. is an American public company headquartered in San Jose, California, one of the leading video streaming platforms in the United States, producing set-top boxes and TVs with its Roku OS operating system.

The company's superior proprietary data advantage, combined with high-performance programmatic advertising technology, is likely to further increase market share.

Over the long term, Roku has a strong trend towards streaming for consumers, content providers and advertisers, which will drive up stock prices.

Thesises in favor of compony's growth:

The company has four main areas of monitoring: content distribution, advertising, The Roku Channel and International.

The power of the platform helped Roku earn $1.2 billion in the first six months of 2021, up 80% over the same period in 2020.

Not an investment recommendation.