Investors·2025-10-31 16:03Core Insights - Roku reported earnings of 16 cents per share on revenue of $1.21 billion for Q3, surpassing analyst expectations of 9 cents per share on the same revenue [2] - The company forecasts Q4 sales of $1.35 billion, exceeding expectations of $1.32 billion, indicating a year-over-year sales growth of 13% [2] - Roku's stock rose over 9% following the earnings report, reaching a three-year high of 116.66 during trading [3] Financial Performance - Roku's Q3 revenue increased by 14% compared to the previous year, where it reported a loss of 6 cents per share on sales of $1.06 billion [2] - Analysts have raised their price targets for Roku stock, with William Blair maintaining an outperform rating and Guggenheim increasing its target from 105 to 110 [3][4] Market Position - Roku ranks third in the Leisure-Movies & Related industry group with a Composite Rating of 71, while Netflix ranks second with a rating of 81 [7] - The company is expected to benefit from the launch of its low-cost streaming service, Howdy, which may enhance its advertising sales [4]