Roku's Next Chapter: Analyst Sees Big Gains From Streaming And Ad Expansion
1. JP Morgan maintains a Buy rating on Roku with a $100 price target. 2. Roku has over 90 million active accounts streaming 125 billion hours in 2024. 3. Analyst predicts Roku will monetize its large user base for revenue growth. 4. Projected revenue growth: 12% CAGR; EBITDA growth: 37% CAGR over three years. 5. ROKU stock currently down 3.08% at $73.71, reflecting market adjustments.