Roku's Strong Outlook Sparks Optimism As Analyst Sees Momentum Building Into 2026
1. Roku forecasts increased fourth-quarter revenue, boosting investor optimism. 2. JPMorgan maintains Overweight rating, raises price target to $115. 3. Roku's platform revenue growth hit 17%, but fell short of 19-20% expectations. 4. Roku posted positive GAAP operating income and strong free cash flow. 5. Analysts anticipate accelerated growth supported by advertising initiatives and events.