T4K3.news
Traders braced for significant Netflix stock movement on earnings day
Expectations are set for Netflix shares to fluctuate by 6% following the earnings report.
:max_bytes(150000):strip_icc()/GettyImages-2224894910-fa0448c000ff4a9bb4533c749ab170b6.jpg)
Traders anticipate significant movement in Netflix stock following its earnings announcement.
Traders Set Expectations for Netflix Stock Movement After Earnings Report
Netflix is set to report its earnings on Thursday. Traders expect the company’s stock may experience a movement of about 6%, which translates to nearly $70 in either direction following the results. Currently, Netflix shares closed at $1,250.31, reflecting a loss of 1% on Wednesday but are still up 40% year-to-date. Last earnings report revealed a similar average post-earnings movement of 6%. Analysts remain optimistic, with 13 out of 17 rating the stock as a buy, and the average price target hitting around $1,330, reflecting potential growth for the company.
Key Takeaways
"Average post-earnings move of 6% shows investors' volatility expectations."
This highlights traders' anticipation of potential changes in Netflix’s stock price based on earnings results.
"Our goal is to double our revenue from $39 billion by 2030."
This statement reflects Netflix's ambitious growth strategy, which could influence investor sentiment.
The upcoming earnings report is critical for Netflix as it highlights the company’s growth trajectory in a competitive streaming market. With high expectations from analysts, any deviation from projected revenue could sway investor sentiment significantly. Additionally, Netflix's ambitious goal to double revenue by 2030 will keep investors on the edge of their seats, making this earnings report a key moment to watch.
Highlights
- Netflix may swing $70 in either direction after earnings.
- Traders predict a 6% move for Netflix shares.
- Bullish analysts set Netflix target at $1,330.
Potential Stock Volatility After Earnings Release
Investors should be aware that unexpected results from Netflix's earnings report could lead to significant stock price changes, affecting market stability.
The upcoming earnings could set the tone for Netflix's future prospects in the streaming industry.
Enjoyed this? Let your friends know!
Related News

Netflix set to report Q2 earnings on July 17
:max_bytes(150000):strip_icc()/GettyImages-2227723550-e694a4f3ee1d4e72bdefbf6236937641.jpg)
Stocks Retreat as Investors Await Key Technology Earnings

U.S.-EU trade agreement announced amidst busy market week
:max_bytes(150000):strip_icc()/GettyImages-2227392128-f95994034c8f47c38408febb9d015a6c.jpg)
Stock Markets Climb as Earnings Reports Approach
:max_bytes(150000):strip_icc()/GettyImages-2227230951-271d713fa8f046b89e6677f0a933fb76.jpg)
UnitedHealth Group to Report Second Quarter Earnings Soon

U.S. Stock Futures Rise Following Strong S&P 500 Performance

Chinese stocks decline overnight as trust falters

UnitedHealth to report Q2 earnings amid investigation
