Roku Stock Analysis: Buy, Sell, or Hold?

By Parkev Tatevosian, CFA – Sep 20, 2023 at 7:15AM

NASDAQ: ROKU

Roku

Market Cap

$9B

Today's Change

(0.31%) $0.19

Current Price

$61.44

Price as of May 17, 2024, 4:00 p.m. ET

The streaming content enabler made a consumer-friendly choice not to raise prices.

Fool.com contributor Parkev Tatevosian analyzes Roku's (ROKU 0.31%) prospects to answer if the stock is a buy for growth stock investors.

*Stock prices used were the afternoon prices of Sept. 17, 2023. The video was published on Sept. 19, 2023.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Roku. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.