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Benzinga
214 days

Netflix Stock Faces Bearish Momentum - Will Q4 Earnings Flip The Script?

1. NFLX to report Q4 earnings, expected EPS $4.19 and revenue $10.11B. 2. Stock is up 79.33% YoY, but showing weak short-term momentum. 3. Analysts anticipate a slight downside with average price target at $853.33. 4. Current technical indicators suggest potential bearish trend continuation.

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FAQ

Why Bearish?

Bearish momentum and analyst downgrades indicate possible price declines, similar to past trends.

How important is it?

Earnings reports significantly influence NFLX stock performance, driving short-term market reactions.

Why Short Term?

Upcoming earnings might trigger immediate price reaction, as seen historically.

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