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Bullish Case: OS update, rollout of 2FA post-breach, and high user numbers hint at robust platform recovery capabilities, offering potential rebound confidence.


Bearish Case: Recent large-scale data breaches, customer trust erosion, and stiff competition in streaming might continue to drag ROKU price downward.


Potential Outcomes: Recent data breach (60% chance) dampens sentiment further; aggressive mitigation strategies (30% chance) may regain user trust and stabilize stock; unexpected bullish turnaround (10% chance) due to new partnerships or features.


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April 17, 2024


Roku Forecast

ROKU        Roku
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with ROKU



FTDR Forecast + Options Trading Strategies   [FTDR]  Frontdoor (0.8)


SIRI Forecast + Options Trading Strategies   [SIRI]  Sirius XM (0.79)


VLY Forecast + Options Trading Strategies   [VLY]  Valley National Bancorp (0.79)


CPS Forecast + Options Trading Strategies   [CPS]  Cooper-Standard (0.79)


FSK Forecast + Options Trading Strategies   [FSK]  FS KKR (0.76)



Uncorrelated Stock Forecasts

Assets with little price relationship to ROKU



PTON Forecast + Options Trading Strategies   [PTON]  Peloton Interactive (0.0)


FLGT Forecast + Options Trading Strategies   [FLGT]  Fulgent Genetics (-0.0)


SHY Forecast + Options Trading Strategies   [SHY]  BTC iShares 1-3 Year Trea (0.0)


IPI Forecast + Options Trading Strategies   [IPI]  Intrepid Potash (-0.0)


RRR Forecast + Options Trading Strategies   [RRR]  Red Rock Resorts (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against ROKU



STAA Forecast + Options Trading Strategies   [STAA]  Staar Surgical (-0.63)


AU Forecast + Options Trading Strategies   [AU]  AngloGold Ashanti Ltd (-0.64)


SWAV Forecast + Options Trading Strategies   [SWAV]  ShockWave Medical (-0.65)


SE Forecast + Options Trading Strategies   [SE]  Sea (-0.66)


CTVA Forecast + Options Trading Strategies   [CTVA]  Corteva (-0.67)





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