Netflix (NFLX) Earnings Per Share to Jump 99%: Is Stock a Clear Buy?
The year has been one of expansion for one of the biggest entertainment companies in the world. Indeed, after losing ground to some big players in recent years, the original streaming platform is looking to regain dominance in 2025. Specifically, one report suggests Netflix (NFLX) will see its earnings per share jump a remarkable 99% as the stock has become a clear buy this year.
According to a Yahoo Finance report, the streaming titan is expected to post quarterly EPS of $4.20 in its upcoming report. That would represent the previously stated 99% year-over-year change. Additionally, revenue is expected to also increase, which is a clear sign that Netflix could be a key player on Wall Street this year.
Netflix Eyes Big 2025 as Key Expansion Drives Growth
2025 was always set to be a monumental year for Netflix. The entertainment company has struggled in recent years as competitors have embraced live television offerings. Therefore, its missed out on the ability to challenge dominant cable companies. Yet with a shift taking place this year for the company, there could be a quick turnaround in store.
According to a recent Zack report, Netflix (NFLX) is projected to see a 99% jump in earnings per share, with the firm entering clear-buy territory as January’s midpoint approaches. Moreover, the report notes that revenue is projected to jump to $10.15 billion. That would mark an increase of almost 15% from a year ago.
The market is clearly expecting Netflix to perform better than it did amid its December 2024 report. Over the last 24 hours, the stock has already jumped more than 2.26% as shares surpassed the $847 mark. Altogether, the recent debut of WWE Raw on the platform was viewed by 2.6 million households.
The arrival of the professional wrestling product has seen the company once again delve into the live sports market. Moreover, it took place after the highly publicized Jake Paul and Mike Tyson boxing match. Continued exploration into these key expansion areas could be critical for the company. That will especially be true as it looks to become the first $1 trillion media company.
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