Roku Stock Jumps on Higher-than-Estimated Results, JPMorgan Raises Price Target
1. Roku shares rose 15% after positive Q4 results. 2. Narrowed operating loss of $39.1M vs $104.2M last year. 3. Revenue increased 22% YoY to $1.20 billion, surpassing estimates. 4. JPMorgan raised Roku's price target to $115, maintaining outperform rating. 5. Expects positive operating income for full year 2026.