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Sign InJefferies has increased its price target for Roku Inc. (ROKU) to $140 from $135, maintaining a 'Buy' rating ahead of its first-quarter earnings. The company is aggressively expanding its international footprint, specifically targeting Mexico and Brazil to drive growth in Average Revenue Per User (ARPU). Roku aims to scale its reach to 100 million streaming households while simultaneously accelerating global advertising monetization efforts. Analysts believe this strategic focus on Latin American markets and global ad revenue will significantly bolster the company's long-term financial trajectory. The revised price target implies a 40% upside, underscoring confidence in Roku's operational momentum and its ability to capture a larger share of the streaming ecosystem.