Roku Stock Price Prediction: Is ROKU A Good Choice For Investors?

Roku Stock Price Prediction: Is ROKU A Good Choice For Investors?

1
ROKU Inc. is a free-on-debt company and had no debt considering the last 5 years.
2
ROKU stock price increased by 1.30% over the past week and the current volume is below average.
3
Roku Inc. ( NASDAQ: ROKU) stock’s 52-week price range is around $38 – $98.
The Roku stock earlier publicized its Q2 earning report on July 27th, 2023, the reported earnings gave a positive surprise by 39.97% from the estimated earnings. Moreover, the reported revenue also gave a positive surprise by 9.36% from the estimated revenue.
ROKU stock average volume is 11.951 Million and the current volume is 7.288 Million where the current volume is below average volume. 
Roku Inc. (ROKU) stock market capitalization is $11.222 Billion and the total revenue is $3.127 Billion. Moreover, the stock’s basic EPS is -$4.72 and the price-to-earnings ratio is -17.
ROKU stock is expensive, as reported by the financial analysis website Simply Wall St., based on its rat

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