Key Takeaways Netflix reported Q3 revenues of $11.51 billion, up 175 year over year despite an earnings miss.December content slate includes Stranger Things finale and Knives Out sequel to drive holiday engagement.NFLX trades at 9.01X forward price-to-sales versus the industry's 4.17X with a Value Score of D.Netflix (NFLX) reported third-quarter revenues of $11.51 billion, up 17% year over year, despite earnings falling short due to a Brazilian tax dispute. The streaming giant now faces a critical test: Whe ...

Core Insights - Netflix is set to report its third-quarter results, with Wall Street showing concern as the stock has declined for five consecutive trading sessions, closing at $1,183.59, down 1.6% [1][2] - Analysts expect Netflix to earn $6.96 per share on sales of $11.51 billion for the September quarter, indicating a year-over-year growth of 29% in earnings and 17% in sales [2] - The focus for the upcoming report will be on Netflix's progress in its advertising-supported service [2] Analyst Ratings - Bernstein analyst Laurent Yoon maintains an outperform rating with a price target of $1,390, citing healthy subscriber engagement trends and popular content [3] - UBS analyst John Hodulik also holds a buy rating with a price target of $1,495, suggesting Netflix can sustain double-digit revenue growth due to member growth, price hikes, and increased advertising [4] - Monness Crespi Hardt analyst Brian White has a neutral rating, acknowledging Netflix's strong platform but noting dynamic competition and rich valuation [4] Content and Subscriber Engagement - Popular content in the last quarter included the second season of "Wednesday," the third season of "Squid Game," and the movie "KPop Demon Hunters" [3] - Upcoming releases include the return of "Stranger Things," high-profile movies like "Frankenstein," and popular series such as "The Diplomat" and "The Witcher" [3]