Reported 2 days ago
Analyst Anders Bylund predicts that Roku's stock will significantly rise over the next two years, primarily due to a forecasted recovery in the digital advertising sector following an industry-wide downturn. Despite its current low stock price, attributed to falling ad sales, Roku's strong user growth and effective advertising platform position it well for future gains. The anticipated increase in consumer spending and advert budgets as the economy stabilizes could further enhance Roku's profitability, making it an attractive investment opportunity.
Source: YAHOO