Could Roku Stock Hit $100 in 2023?

Could Roku Stock Hit $100 in 2023?

Roku (NASDAQ: ROKU), in particular, was absolutely hammered -- its shares crashed by 82% in 2022. As of this writing on Jan. 23, Roku shares are trading hands at around $55, with a price-to-sales multiple of 2.4. In comparison, the Nasdaq Composite index's average annual return was 13.7% over the past 10 years.