Netflix Stock Earnings Forecast: How Much NFLX Could Move After Quarterly Results

Netflix is preparing to release its fourth-quarter earnings after the market closes Tuesday, with traders bracing for a sharp move in the stock. Options pricing indicates NFLX shares could shift up to 7% in either direction by week’s end. A move higher from Friday’s $88 level would lift the stock to around $94, partially recovering recent losses, while a drop could send shares below $82 their lowest point in over a year.

The streaming giant’s shares are down nearly 30% since October’s quarterly report, when a surprise tax expense triggered a 10% post-earnings plunge. More recently, investor sentiment has been weighed down by concerns over Netflix’s pending acquisition of Warner Bros. Discovery (WBD), which has drawn political scrutiny and competition from rival bidder Paramount Skydance (PSKY).

Netflix executives are expected to face investor scrutiny over the pending Warner Bros. Discovery acquisition, particularly regarding how the company intends to finance the deal. Reports suggest Netflix may shift toward an all-cash offer rather than a mix of cash and stock, a move that could reshape investor sentiment by signaling confidence in its balance sheet and long-term growth strategy.

Netflix is projected to deliver a nearly 17% revenue increase to $11.97 billion, with earnings per share expected to climb almost 30% year-over-year to $0.55, according to Visible Alpha estimates.

Goldman Sachs analysts recently told clients they anticipate the fourth-quarter results will highlight a strong finish to 2025, driven by Netflix’s focus on expanding user engagement, scaling live sports and gaming, and strengthening its ad business. However, investor attention may shift toward the pending Warner Bros. Discovery acquisition, where regulatory uncertainty, competition from Paramount, and operational questions until the deal closes could weigh heavily on sentiment.

Ahead of Tuesday’s earnings release, Wall Street sentiment remains bullish on Netflix stock. Of the 10 analysts currently tracked by Visible Alpha, eight rate NFLX as a “buy,” while two maintain “hold” ratings.

Their average price target of $135 points to more than 50% potential upside from Netflix’s recent trading level, underscoring strong investor confidence in the streaming giant’s growth prospects despite ongoing acquisition and market challenges.

Netflix’s upcoming earnings report, combined with the pending Warner Bros. Discovery acquisition, positions NFLX for heightened investor attention. Strong revenue and EPS growth estimates, paired with bullish analyst ratings and price targets, suggest significant upside potential. At the same time, regulatory uncertainty and competitive pressures from Paramount Skydance remain key risks that traders will be watching closely.