$Netflix(NFLX)$ reported its third-quarter earnings, beating expectations on both earnings per share (EPS) and revenue, while also surpassing subscriber growth estimates. On the surface, these results might seem like a big win for Netflix, especially with ad-tier memberships jumping 35% quarter-over-quarter. However, I believe this growth might not be as organic as it appears. While Netflix remains a stable and profitable business, I see some red flags regarding the sustainability of its future growth. Breaking Down the Numbers First, let’s look at the key figures from Netflix’s Q3 report: Earnings per share: $5.40, beating expectations of $5.12. Revenue: $9.83 billion, surpassing estimates of $9.77 billion. Paid memberships: 282.7 million, narrow
Netflix Beats! Possible to Hit $1000 in Jan.?
Netflix jumps to $999 and then retraces a little bit to previous high of $950 after it beats on the top and bottom lines for the fourth quarter and raised its 2025 revenue forecast. The company surpassed 300 million paid memberships during the quarter, adding a record 19 million subscribers. ---------------- Are you optimistic about Netflix's recent shows? After Netflix's beat, would you take profit at $$950 or hold till the stock split? Is it possible to hit $1000 in Jan.?
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