Roku Falls Even as Analysts Stick With $170 Target in Nasdaq Slump
Roku shares fell 2.7% to $122.26 Friday, tracking a 4.18% drop in the Nasdaq after a strong U.S. jobs report fueled rate concerns. The stock traded between $120.69 and $127.91 on volume near 2 million shares. Roku reported Q1 revenue up 22% to $1.25 billion and raised its 2026 platform revenue outlook to $5 billion. Morgan Stanley set a $170 price target for Roku this week.