Roku Analyst Says TV's Future Hinges On This 'Powerful' Cost Saver, But It's Still Early

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Roku Analyst Says TV's Future Hinges On This 'Powerful' Cost Saver, But It's Still Early - Benzinga

Quick Summary:

The Roku Thesis: Jedda has taken the company from negative FCF of 150 million in 2022 to more than $200 million in 2024 and a guidance of over $350 million for 2025, Martin said in the note.

Roku Inc's (NASDAQ:ROKU) CFO Dan Jedda has been responsible for the company's strong free cash flow (FCF) growth, according to Needham.

The Roku Analyst: Analyst Laura Martin maintained a Buy rating and price target of $88.50.