# Roku Stock Analysis: Bullish Momentum and Institutional Interest | Podcast Episode
Dive into our comprehensive analysis of Roku's recent stock performance as shares climb to $105.56, gaining nearly 4% in the latest trading session. In this episode, we explore Roku's impressive quarterly revenue growth of 14% year-over-year, reaching $1.21 billion and exceeding analyst expectations with positive earnings per share of $0.16.
Discover why major Wall Street firms are increasingly bullish on Roku, with significant analyst upgrades from Piper Sandler, Guggenheim, Wedbush, and JMP Securities. We break down how these positive ratings have contributed to Roku's consensus "moderate buy" rating, with an average price target of $113, suggesting further upside potential.
We also examine the growing institutional interest in Roku shares, with firms like AQR Capital Management and Holocene Advisors substantially increasing their positions, even as some executives sell shares into strength. Plus, get insights on key technical resistance levels and what traders are watching for potential short-term movement toward $120.
Don't miss this essential analysis for investors interested in streaming media stocks and technology sector trends. Subscribe for more market intelligence from Quiet Please Productions.
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This content was created in partnership and with the help of Artificial Intelligence AI