Earnings Preview: What To Expect From Netflix’s Report

Core Insights - Netflix, Inc. has a market capitalization of $497.5 billion and operates a subscription-based streaming service with a presence in over 190 countries, focusing on exclusive content, gaming expansion, and strategic pricing models, including an ad-supported tier [1] - Analysts anticipate an adjusted profit of $6.88 per share for the third quarter, representing a 27.4% increase from the previous year's $5.40 per share, with a strong earnings surprise history [1] - For fiscal 2025, Netflix's adjusted EPS is projected to rise 31.4% year-over-year to $26.06, and a further 23.4% growth is expected in fiscal 2026 to $32.16 per share [2] Stock Performance - NFLX stock has increased by 63.5% over the past year, outperforming the S&P 500 Index's 17.6% and the Communication Services Select Sector SPDR ETF Fund's 29.1% [3] - On September 17, Netflix's stock gained over 1% in pre-market trading after Loop Capital upgraded its rating to "Buy" with a price target of $1,350, citing strong subscriber momentum and revenue expansion potential [4] Analyst Ratings - The consensus opinion on NFLX is "Moderate Buy," with 28 out of 46 analysts recommending "Strong Buy," 3 advising "Moderate Buy," 14 suggesting "Hold," and 1 advocating "Moderate Sell" [5] - The mean price target of $1,338 indicates a potential upside of 15.1% from current market prices [5]