Oppenheimer Upgrades Roku (ROKU) to Outperform After Stock Dip and Amazon DSP Collaboration

Oppenheimer identified a fig of imaginable drivers for Roku, Inc. (NASDAQ:ROKU), which see the precocious announced Amazon DSP collaboration, greater involvement successful the adjacent Winter Olympics, arsenic good arsenic Roku’s Peacock SVOD offering.

The steadfast predicts Roku’s halfway level gross volition ascent 15% successful 2026 and 16% successful 2027, excluding governmental ads and definite one-time events, somewhat exceeding thoroughfare expectations. In a much optimistic scenario, maturation mightiness scope 17% successful 2026 and 16% successful 2027, boosted by the Amazon woody and the upcoming Olympics.

Founded successful 2002, Roku, Inc. (NASDAQ:ROKU) is an American institution specializing successful astute TVs and streaming devices. The institution licenses its streaming exertion to different manufacturers and runs an advertizing run via its streaming network.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.