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Netflix Stock Awaits Q3 Earnings Report, 'Stranger Things' Release
Investorsยท 2025-10-10 22:09
Core Viewpoint - Netflix is poised for potential growth with its upcoming Q3 earnings report and the release of the final season of "Stranger Things" [1][3]. Financial Performance - Analysts expect Netflix to report Q3 earnings of $6.96 per share on revenue of $11.51 billion, reflecting a 29% increase in earnings and a 17% increase in sales year-over-year [3]. - For Q4, projections indicate earnings of $5.43 per share, up 27%, on revenue of $11.89 billion, up 16% [3]. Stock Performance - Netflix stock has recently risen above its 50-day moving average and has been consolidating for 15 weeks, with a buy point of 1,341.15, which is also its all-time high [2]. - The stock closed at 1,220.08, down 0.9% on the latest trading day [2]. Analyst Ratings - Seaport Research upgraded Netflix stock to "buy" from "neutral" and raised its price target to 1,385 from 1,230, citing optimism about the growth of its advertising-supported service [4]. - TD Cowen analyst John Blackledge lowered his price target to 1,425 from 1,450 but maintained a "buy" rating [4]. Programming Developments - The final season of "Stranger Things" will be released in three parts, starting with a four-episode volume on Nov. 26, followed by two additional volumes in December [5]. - Netflix is expanding its offerings by introducing video games to television, with several party games set to launch this holiday season [6]. Stock Ratings - Netflix holds an IBD Composite Rating of 95 out of 99, indicating strong growth metrics compared to other stocks [7].