Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Roku's average basic shares outstanding for the quarter that ended in Mar. 2026 was 148 Mil.
Roku (MEX:ROKU) Shares Outstanding (Basic Average) Explanation
A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.
Be Aware
Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.
Roku Shares Outstanding (Basic Average) Related Terms
Roku Shares Outstanding (Basic Average) Historical Data
* Premium members only.
The historical data trend for Roku's Shares Outstanding (Basic Average) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Roku Shares Outstanding (Basic Average) Calculation
Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.
Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.
Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.
What does a Shares Outstanding (Basic Average) of 148 Mil mean?
Roku (MEX:ROKU) has a Shares Outstanding (Basic Average) of 148 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Roku and its competitors.
Is Roku's Shares Outstanding (Basic Average) too high?
Roku's current Shares Outstanding (Basic Average) is 148 Mil. Overall, Roku has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Roku's Shares Outstanding (Basic Average) compare to WMG and FWONA?
Roku's Shares Outstanding (Basic Average) of 148 Mil can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for a Media - Diversified company?
A good Shares Outstanding (Basic Average) depends on the Media - Diversified industry context. However, Shares Outstanding (Basic Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Roku and its competitors. Roku's current Shares Outstanding (Basic Average) is 148 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Roku stock overvalued right now?
Based on GuruFocus' analysis, Roku (MEX:ROKU) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN1,790.10, compared to a current price of MXN2,403.00 — trading 34.2% above its estimated fair value. The current Shares Outstanding (Basic Average) is 148 Mil. Roku's overall GF Score™ is 77/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Roku (MEX:ROKU), the current Shares Outstanding (Basic Average) is 148 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Roku (MEX:ROKU) Overvalued in 2026?
Based on GuruFocus' analysis, Roku stock appears to be overvalued.
The current stock price of MXN2,403.00 is trading 34.2% above its estimated GF Value™ of MXN1,790.10.
GuruFocus considers Roku to be Significantly Overvalued.
Key valuation signals for MEX:ROKU:
Shares Outstanding (Basic Average): 148 Mil
GF Value™: MXN1,790.10 vs. price of MXN2,403.00 (34.2% above fair value)
No single metric tells the full story. See the MEX:ROKU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Roku enables consumers to stream television programming. Roku facilitated 145 billion streaming hours in 2025 and reached more than half of US broadband households. It is the top streaming operating system in the US, reaching more than half of broadband households, according to the company. Roku's OS is built into streaming devices and televisions that Roku sells, as well as on connected televisions from other manufacturers that license Roku's name and software. Roku also operates The Roku Channel, a free, ad-supported streaming television platform that offers a mix of on-demand and live television programming. Roku generates revenue primarily from device sales, licensing, and advertising, and it also receives fees from subscription streaming platforms that sell subscriptions through Roku.
77GF Score
Get the complete analysis for MEX:ROKU
Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:ROKU has been successfully added to your 
