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ROKU

Roku, Inc.

At today's price, Roku, Inc. (ROKU) is priced for today's economics sustained for ~14.8 years. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.

Live priced in
today's economics sustained for ~14.8 years
Priced In
elevated

Key Takeaways

• Roku is the operating system roughly nine in ten of its dollars run through, with Platform revenue 87% of the mix and the device hardware mostly a customer-acquisition cost rather than a profit center. • At about four times revenue the price assumes Roku eventually earns a 17.5% operating margin and grows at its self-funding ceiling for some fourteen years, while it earns roughly 2% operating margin today. • The watch item is the advertising and subscription engine: Q1 2026 Platform revenue gr

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Institutional ownership

674 institutional managers reported holding ROKU in 13F filings for the quarter ended 2026-03-31. Together they hold about 75% of the company; the top 10 hold 37%. 95 opened new positions that quarter. Held by FMR (Fidelity), Vanguard Group, BlackRock, among others. On the short side, 10.8M shares were sold short as of the 2026-06-15 count, about 7% of shares outstanding (1.9 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

ROKU's share count grew 11.2% over the past five years even with $249.98M spent on repurchases. It pays no dividend. Cash returned over the past three years: $249.98M in repurchases.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

Open-market insider buys at ROKU over the trailing three years: 2024: 1 buy totaling $512k; 2025: 1 buy totaling $1k. 16 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

ROKU's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2023-07-29+25.4%-21.2%
2023-11-03+31.0%+5.4%
2024-02-17-21.1%-21.0%
2024-04-27-8.9%+6.3%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

ROKU's latest 8-K filings: 2026-06-18 (items 8.01, 9.01); 2026-06-17 (items 5.07); 2026-06-15 (items 1.01, 8.01, 9.01); 2026-04-30 (items 2.02, 9.01); 2026-04-13 (items 7.01, 9.01).

Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.

Compare ROKU

ADEA vs ROKUCCZ vs ROKUCHTR vs ROKURCI vs ROKU

Last analyzed: July 3, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.