Analysts Bullish on Netflix Ahead of Q3 Earnings, Crypto Markets Remain Unmentioned
Netflix prepares to report third-quarter earnings on October 21, with UBS and KeyBanc analysts maintaining optimistic projections. Wall Street anticipates a 29% year-over-year increase in earnings per share to $6.96, alongside 17% revenue growth to $11.51 billion.
UBS analyst John Hodulik reaffirmed a Buy rating and a $1,495 price target, citing strong content offerings and direct-to-consumer strategies as key growth drivers. Marquee titles like 'Squid Game' and new releases are expected to sustain engagement through Q4.
The analysis focuses solely on traditional equities, with no immediate implications for cryptocurrency markets. Major exchanges and digital assets played no role in this earnings preview.