Key Takeaways for Roku Stock as of July 2026
- TIKR’s mid case model targets $346 for Roku stock, a 140% total return through December 2030.
- Nine analysts rate Roku a buy, one calls it an outperform, fifteen rate it a hold, and one recommends underperform, leaving a mean target of $158, about 10% above the current price.
- On June 15, FOX Corporation agreed to buy Roku for $160 a share in cash and stock, a price far below TIKR’s $346 target.
- Roku stock sits flat, having clawed back a 28% drawdown from February 12.
Roku’s board says $160 is the right price for shareholders. See the financials behind that call on TIKR for free →
FOX Corp Agrees to Buy Roku Stock for $160 a Share in Cash-and-Stock Deal
FOX Corporation agreed on June 15 to acquire Roku (ROKU) for $160 a share, a cash-and-stock deal that stands as the single most significant repricing event Roku stock has faced since its 2017 IPO. The agreement pays $96 in cash and 0.9693 shares of FOX Class A stock for every Roku share, a structure that gave FOX shareholders about 73% of the combined company and Roku shareholders the remaining 27%. The cash piece totals $15 billion, funded by roughly $8 billion of new debt plus the rest of the combined balance sheet, with the deal expected to close in the first half of calendar 2027.
Anthony Wood, Roku’s founder and CEO, was asked directly on the FOX Corporation to acquire Roku Conference Call why the board chose to sell now instead of letting the business keep compounding on its own. His answer leaned on confidence, not concession: “I have never been more positive about our business than I am now… I do think that combining the assets of FOX with what Roku has really improves our position to continue to execute on our strategy over the long term. And it’s a great price.” The board ran a full strategic review with independent financial and legal advisers before unanimously backing FOX’s bid.
That confidence is grounded…