What Analysts Think of Netflix Stock Ahead of Earnings

Core Insights - Netflix is expected to report its fourth-quarter results, with analysts generally optimistic about the company's performance, as indicated by a majority of "buy" ratings from brokers [1][5] - The consensus price target for Netflix shares is approximately $905, suggesting a potential upside of about 7$10.13 billion and earnings of $1.84 billion, or$4.23 per share [4] Analyst Ratings - Among the 19 brokers covering Netflix, 14 have issued "buy" or equivalent ratings, while only four have "hold" ratings and one has a "sell" rating [1] - Wedbush Securities has set a target price of $950, citing Netflix's strong position in the streaming market and the success of its ad-supported subscription tier [2] - JPMorgan has adjusted its price target to$1,000, highlighting the potential for subscriber growth and high-margin revenue from the ad-supported tier and password-sharing crackdown [3] Financial Projections - The expected revenue growth of 15% year-over-year is significant, with earnings projected to rise from $937.8 million, or$2.11 per share, to $1.84 billion, or$4.23 per share [4] - The stock has shown strong performance, increasing approximately 70% over the past 12 months, closing just above $842 recently [4]