Wedbush expects Roku to clear regulatory hurdles and close its acquisition of Fox Corporation in the first half of 2027. The broker maintained a $155 price target and neutral rating after meeting Roku management, citing strong standalone business performance and synergies from combining Roku's platform with Fox's content. Fox anticipates $400 million in annual cost savings and additional revenue, with the deal becoming accretive to free cash flow within two years. Roku shareholders will receive cash and Fox shares, exposing them to Fox's stock price movements before closing.
Roku's anticipated Fox acquisition is noted alongside Media sector activity on Pluang, where 23 of 45 priced US stocks rose and 22 fell as of Sep 25, 2026 01:41 WIB. Among movers, LUMN traded at USD 5.87 with a 4.32% decline and 100% buy order activity, META rose 4.24% to USD 775.65 with 68% sell orders, and IQ increased 3.96% to USD 1.05 with 97% sell activity. This snapshot reflects diverse investor behavior within the sector.
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