Reported 5 days ago
Roku shares have plummeted 84% since their peak in 2021, presenting a potential bargain for investors willing to navigate the risks. While the company is not currently profitable and faces stiff competition in the streaming industry, its revenue is growing, and it commands a significant share of the U.S. advertising market for connected televisions. Analysts predict a return to profitability by 2026, suggesting that the current low price may not reflect the company's underlying growth potential. Now might be the right time to consider investing in Roku before the market catches up with its positive trajectory.
Source: YAHOO