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The analysts also mentioned that expectations have been tempered across the industry, which lowers the performance threshold for Roku (NASDAQ:ROKU). They stated that while there is anticipation for some uncertainty in the first half of 2025, there has yet to be any evidence of a downturn. Benchmark views Roku as substantially better equipped to weather any market downturns compared to the previous period of weakness.Roku’s stock had a strong start at the beginning of the year, but has since declined 21.4% year-to-date, now trading 45% below its 52-week high of $104.96. The stock’s beta of 2.18 indicates higher volatility than the broader market, yet despite these challenges, Roku remains one of Benchmark’s top stock picks. For comprehensive analysis including detailed valuation metrics and growth projections, access Roku’s full Pro Research Report, available exclusively on InvestingPro.
The analysts also mentioned that expectations have been tempered across the industry, which lowers the performance threshold for Roku. They stated that while there is anticipation for some uncertainty in the first half of 2025, there has yet to be any evidence of a downturn. Benchmark views Roku as substantially better equipped to weather any market downturns compared to the previous period of weakness.Roku’s stock had a strong start at the beginning of the year, but has since declined 21.4% year-to-date, now trading 45% below its 52-week high of $104.96. The stock’s beta of 2.18 indicates higher volatility than the broader market, yet despite these challenges, Roku remains one of Benchmark’s top stock picks. For comprehensive analysis including detailed valuation metrics and growth projections, access Roku’s full Pro Research Report, available exclusively on InvestingPro.
The analysts also mentioned that expectations have been tempered across the industry, which lowers the performance threshold for Roku. They stated that while there is anticipation for some uncertainty in the first half of 2025, there has yet to be any evidence of a downturn. Benchmark views Roku as substantially better equipped to weather any market downturns compared to the previous period of weakness.Roku’s stock had a strong start at the beginning of the year, but has since declined 21.4% year-to-date, now trading 45% below its 52-week high of $104.96. The stock’s beta of 2.18 indicates higher volatility than the broader market, yet despite these challenges, Roku remains one of Benchmark’s top stock picks. For comprehensive analysis including detailed valuation metrics and growth projections, access Roku’s full Pro Research Report, available exclusively on InvestingPro.
The analysts also mentioned that expectations have been tempered across the industry, which lowers the performance threshold for Roku. They stated that while there is anticipation for some uncertainty in the first half of 2025, there has yet to be any evidence of a downturn. Benchmark views Roku as substantially better equipped to weather any market downturns compared to the previous period of weakness.
Roku’s stock had a strong start at the beginning of the year, and the analysts noted that only the macroeconomic outlook has shifted to result in a 40% discount from the stock’s highs. Despite these challenges, Roku remains one of Benchmark’s top stock picks.
In other recent news, Roku Inc. has been the subject of multiple analyst evaluations, with differing perspectives on the company’s future. JMP Securities has maintained a Market Outperform rating for Roku, setting a price target of $115, citing confidence in the company’s market position despite an ongoing dispute with Samsung (KS:005930) over TV operating system leadership. Meanwhile, Redburn-Atlantic has upgraded Roku to a Buy, establishing a $100 price target, driven by Roku’s financial milestones and robust cash reserves. Conversely, Citi has reduced its price target for Roku from $103 to $81, reflecting concerns about a challenging macroeconomic environment and increased tariff risks affecting the company’s device segment.
Roku also announced a change in its board of directors, as Ravi Ahuja will resign in June 2025, reducing the board size from nine to eight members. The company clarified that Ahuja’s departure is not due to any disagreements with Roku’s operations or policies. This change is part of Roku’s ongoing governance adjustments, with no further comments on potential board replacements. As the company navigates these developments, stakeholders are closely monitoring its strategic direction and financial performance.
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