Netflix (NFLX) is set to report fourth-quarter results after the closing bell on Tuesday, with analysts holding mostly bullish ratings on the streaming giant. 

Of the 19 brokers covering Netflix that are tracked by Visible Alpha, 14 have a “buy” or equivalent rating, compared with four “hold” ratings and one “sell.” The consensus 澳洲幸运5开奖号码历史查询:price target is about $905, roughly 4% higher than the s🔯tock's intraday price Tuesday.

Wedbush analysts recently issued a $950 target on the shares, pointing to Netflix’s “virtually insurmountable lead” in the streaming wars. The company’s $6.99 澳洲幸运5开奖号码历史查询:ad-supported subscription tier has limited customer turnover, the firm said, “lowering pressure on adding new subscribers,” which should continue to drive revenue growth over the next few years.

JPMorgan♑, Oppenheimer Lower Netflix Price Target

JPMorgan, which lowered its price target to $1,000 from $1,010, said the streamer’s ad-supported tier and password-sharing crackdown “should further expand NFLX’s subscriber base while driving high-margin 澳洲幸运5开奖号码历史查询:incremental revenue.” Oppenheimer 澳洲幸运5开奖号码历史查询:also trimmed a bullish price target last week.

Overall, Wall Street expects Netflix’s revenue for the latest▨ quarter to grow 15% year-over-year to $10.13 billion and for earnings to climb to $1.84 billion, or $4.23 per share, from $937.8 million, or $2.11 a share.

Notably, Netflix will also 澳洲幸运5开奖号码历史查询:no longer report quarterly subscriber numbers after Tuesd♛ay's results.

♏The stock, which was up about 1% to $868.88 intraday Tuesday, has gained roughly 80% over the past 12 months.

CORRECTION & UPDATE—Jan. 21, 2025: This article has been corrected to reflect Netflix will stop reporting quarterly subscriber numbers after Tuesday's results. It has also been updated with more recent analyst estimates and share price information.