# Roku Stock Analysis: Growth Momentum Despite Profitability Challenges
In this insightful podcast episode, we dive deep into Roku's recent market performance and future outlook. Despite trading around $90 per share after a 5-6% pullback, Roku has significantly outperformed the broader market year-to-date, reflecting improved investor sentiment around connected TV and advertising recovery.
The company recently reported impressive quarterly revenue of approximately $1.2 billion with mid-teens percentage growth, beating earnings expectations while still working toward full profitability. With tens of millions of active accounts and consistent user growth, Roku's long-term platform strategy remains solid even amid intense competition.
Wall Street analysts have turned increasingly bullish, with Guggenheim raising its price target to $115 and reiterating a buy rating based on connected TV growth drivers and Roku's advertising monetization potential. Other major firms including Piper Sandler, Evercore, and Citizens have boosted their targets to between $100-145, with consensus reflecting a moderate buy rating.
However, some caution signals exist—insider selling has increased following the strong rally, and technically, the stock hovers near its 200-day moving average but below its 50-day trend line. This comprehensive analysis weighs Roku's impressive growth trajectory against its ongoing profitability challenges and provides essential context for investors considering this leading streaming platform stock.
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This content was created in partnership and with the help of Artificial Intelligence AI