Netflix Stock Faces Key Test Ahead of Q3 Earnings Report
Netflix (NFLX -0.96%) remains the benchmark for streaming video services, despite mounting competition and evolving viewer habits. The company's stock has surged 396% over three years and 65% in the past twelve months, defying skeptics who doubted its growth potential.
All eyes now turn to the October 21 earnings release, which could determine whether the rally continues. Netflix's recent strategy shifts—including its successful ad-supported tier and crackdown on password sharing—have bolstered growth. The coming report will reveal if these measures can sustain momentum in an increasingly crowded market.