(ROKU) Roku - Ratings and Ratios

Roku, Inc. is a leading streaming platform operator in the United States and internationally, offering a wide range of content, including TV shows, movies, news, and sports. The companys business is divided into two main segments: Platform and Devices. The Platform segment generates revenue through digital advertising, streaming services distribution, and related services, while the Devices segment focuses on the sale of streaming players, Roku-branded TVs, smart home products, and accessories.

Rokus streaming platform has become a crucial gateway for consumers to access various streaming services, making it an attractive partner for content providers and advertisers. The companys ability to provide a seamless viewing experience and its expanding user base have contributed to its growth. With a strong presence in the US market and an increasing international footprint, Roku is well-positioned to capitalize on the ongoing shift towards streaming.

From a technical analysis perspective, ROKUs stock price is currently at $74.60, with its SMA20 and SMA50 indicating a bullish trend. The stock is also above its SMA200, suggesting a strong uptrend. The ATR indicates a moderate level of volatility, with a potential price swing of 3.91%. Given the current support and resistance levels, a potential price target could be around $83.9, with support levels at $74.0, $69.4, and $63.5.

Fundamentally, Rokus market capitalization stands at $10.677 billion, with a forward P/E ratio of 57.80. Although the company is currently not profitable, as indicated by its negative RoE, its growth prospects and expanding user base suggest potential for future profitability. Considering the companys growth trajectory and industry trends, it is likely that Roku will continue to expand its user base and revenue streams, potentially driving the stock price higher.

Based on the technical and fundamental data, a forecast for ROKUs stock price could be around $85-$90 in the next 6-12 months, driven by the companys continued growth and expansion in the streaming market. However, this forecast is contingent on the companys ability to maintain its growth momentum and navigate the competitive streaming landscape.