JMP Securities analyst Matthew Condon reiterated a Buy rating on Roku (ROKU – Research Report) today and set a price target of $115.00. The company’s shares closed last Friday at $83.51.

According to TipRanks, Condon is a 4-star analyst with an average return of 29.8% and a 66.67% success rate. Condon covers the Communication Services sector, focusing on stocks such as Roku, Gannett, and Nexxen International.

Currently, the analyst consensus on Roku is a Moderate Buy with an average price target of $105.82.

ROKU market cap is currently $12.19B and has a P/E ratio of -93.24.