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Oppenheimer Upgrades Roku (ROKU) to Outperform After Stock Dip and Amazon DSP Collaboration
Yahoo Finance· 2026-02-15 13:41
Core Viewpoint - Roku, Inc. (NASDAQ:ROKU) is considered one of the best innovative stocks to buy, with Oppenheimer upgrading its rating from Perform to Outperform and setting a price target of $105 after a 25% decline from its 52-week high [1]. Group 1: Investment Drivers - Oppenheimer identified several potential drivers for Roku, including a collaboration with Amazon DSP, increased interest in the upcoming Winter Olympics, and Roku's Peacock SVOD offering [3]. - The firm forecasts Roku's core platform revenue to grow by 15% in 2026 and 16% in 2027, slightly above street expectations, with a more optimistic scenario suggesting growth could reach 17% in 2026 and 16% in 2027, driven by the Amazon deal and the Olympics [4]. Group 2: Company Overview - Roku, Inc. was founded in 2002 and specializes in smart TVs and streaming devices, licensing its streaming technology to other manufacturers and running an advertising campaign through its streaming network [5].