Roku Had A 'Stellar' Quarter, But Is The Stock Valued Too High Right Now?

Valuation Concerns: Roku's "substantial" revenue growth and profitability profile should continue expanding moving forward, but Pachter said the stock's valuation is too rich at current levels. Specifically, Roku's EV-to-EBITDA multiple of nearly 100 times on 2023 EBITDA is simply a "rich valuation" despite "sustainable" revenue growth.

ROKU Price Action: Shares of Roku were trading higher by 2.5% at $464.36.

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Adam Reynolds 1 month ago Member's comment

I don't think it's too high. I think $ROKU will only continue to increase.