Roku Inc. (ROKU) has disclosed a new risk, in the Share Price & Shareholder Rights category.
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Roku Inc. faces potential risks with its stock repurchase program, as it is not obligated to repurchase a specific amount of shares and may alter or terminate the program at any time. This uncertainty could harm investor confidence and affect the company’s stock price and market liquidity. Additionally, the program might not enhance long-term stockholder value and could reduce available cash for other corporate needs. Any changes or termination of the program might lead to increased stock price volatility and a decrease in trading price.
The average ROKU stock price target is $116.63, implying 9.89% upside potential.
To learn more about Roku Inc.’s risk factors, click here.