Netflix's Q4 2024 earnings report is a key factor in determining the future performance of its stock. The company's history of exceeding earnings expectations has often led to significant upward movement in its share price. Recently, Netflix stock rebounded from a support level near $830 and is now testing the $1,000 mark.
The increasing popularity of ad-supported plans is noteworthy, with 55% of new subscribers choosing this option. Revenue growth is projected to be between 12% and 14% in 2025, accompanied by a margin growth rate of 29%. These figures suggest a strong financial outlook for the company.
A strong earnings report could propel the stock above the $1,000 resistance level. Conversely, weaker-than-expected results might cause a decline back to the $830 support level. Investors should closely monitor the earnings report to gauge the potential direction of Netflix's stock price.