Netflix Inc (NASDAQ:NFLX) Faces Market Challenges Despite Growth

Core Insights - Netflix Inc is a leading streaming service provider, competing with major players like Amazon Prime Video, Disney+, and Hulu [1] - UBS set a price target of $95 for Netflix, indicating an expected increase of 8.87% from its trading price of $87.26 [1][6] Financial Performance - Netflix anticipates generating $12.16 billion in revenue for the current quarter, a 15.3% year-on-year increase, but below Wall Street's forecast of $12.18 billion [3] - The company projects an EPS of $0.76 for the current quarter, which is below the anticipated $0.81 [3] - For the fourth quarter, Netflix reported revenue of $12.05 billion, a 17.6% increase, and an EPS of $0.56, slightly exceeding consensus estimates [4] - For the full year, Netflix achieved $45.2 billion in revenue, reflecting a 16% increase, with an EPS of $2.53 [5] Market Reaction - Netflix's stock recently experienced a significant decline, dropping over 5% in after-hours trading, leading to a $19 billion reduction in market value [2][6] - The stock price is currently at $87.26, with a market capitalization of approximately $398.73 billion [5]