Analysts at Wedbush have repeated their ‘Outperform' rating for Netflix Inc (NASDAQ:NFLX, ETR:NFC) ahead of the streaming platform's fourth quarter earnings due on Tuesday, January 21, after markets close. They expect Netflix to report earnings per share (EPS) of $4.31 above the company's guidance of $4.23 and the Wall Street consensus of $4.20.
One of Wall Street's biggest Netflix (NFLX) bulls is less bullish ahead of the streaming giant's earnings next week—but not by much. And it hasn't stopped the stock from rising today.
Besides Wall Street's top -and-bottom-line estimates for Netflix (NFLX), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2024.
Netflix shares have surged 14.26% since October, driven by a strong Q4 content slate and AI-driven optimization. AI enhances content personalization and production, boosting subscriber growth and engagement, positioning Netflix for a strong 2025. Despite a high forward P/E ratio, I believe Netflix's impressive EPS growth justifies the premium, making it a classic GARP investment.
Netflix Inc (NASDAQ:NFLX, ETR:NFC) is set to report another strong quarter of revenue growth when it hands down its fourth quarter earnings on January 21. The streaming giant forecasts a 14.7% year-over-year jump in revenue to $10.13 billion from $8.83 billion, in line with the Street consensus.
Netflix (NFLX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
In the latest trading session, Netflix (NFLX) closed at $840.29, marking a +0.31% move from the previous day.
Corporations have pledged millions in donations to Los Angeles fire relief efforts. Media companies, sports teams and actors are among those donating to funds.
The Investment Committee reveals today's top consumer moves.
Streaming giant Netflix Inc NFLX gets a price target increase and call for a subscriber beat ahead of fourth-quarter financial results.
Netflix remains the dominant force in streaming, with impressive subscriber growth and high daily engagement, despite mixed views on content quality. The company's strategic entry into new niches like sports and its strong liquidity position support potential market expansion and experimentation. Technical indicators suggest weak momentum and potential overvaluation, so I am advising caution and a hold recommendation until a price dip to $820.
The Duchess of Sussex has delayed the release of her new Netflix series due to the devastation caused by the wildfires in LA, the streaming platform has announced.