Analysts Raise Roku Price Target Amid Platform Growth Optimism and Mixed Market Outlook

Roku's analyst price target has been raised from $110 to $145. This reflects greater confidence among analysts in the company's platform revenue growth and free cash flow potential.

Roku's analyst price target has been raised moderately from $103.27 to $105.12. This reflects analysts' increased confidence in the company's long-term free cash flow potential and accelerated platform revenue growth initiatives.

Analysts have raised their price targets for Roku—now at $103.27—on strong free cash flow forecasts, growing platform revenue from new partnerships and bundled offerings, and sustained momentum in connected TV advertising. Analyst Commentary Bullish analysts are raising price targets based on strong free cash flow forecasts, with some projecting Roku could generate $1.6B in free cash flow by 2023 and see sustained high annualized returns.

Roku's fair value outlook has improved as a result of rising net profit margins and a lower forward P/E ratio, prompting analysts to raise their consensus price target from $91.75 to $100.73. What's in the News Roku announced a $400 million Class A share repurchase program, funded by existing cash and short-term investments, authorized by the Board and effective through December 31, 2026.