Roku Is Worth More As A Takeover Target — Here Are The Companies That Might Buy It

Roku shares experienced volatility following takeover speculation. Needham analyst Laura Martin raised the price target from $140 to $170, arguing Roku is worth more to potential acquirers than its fundamental valuation suggests. The analyst identified multiple categories of companies that could benefit from acquiring Roku's connected TV platform and data, including tech/advertising firms, entertainment companies, retailers, AI companies, and data analytics firms.