奈飞- 2025 年第四季度财报回顾：核心运营表现稳健；交易相关争议仍是潜在风险

21 January 2026 | 12:13AM EST Equity Research Netflix Inc. (NFLX) Q4'25 Earnings Review: Consistent Core Operating Performance; Transaction Debates Remain as Overhang NFLX 12m Price Target: $100.00 Price: $87.26 Upside: 14.6% Netflix reported a solid Q4'25 earnings report driven by above guided total revenue, operating income and strong free cash flow generation. On engagement trends, NFLX management gave some more nuanced commentary in our view that performance is being increasingly driven by original cont ...