Netflix (NASDAQ:
NFLX) is set to report its earnings for the quarter ending March 2025 on April 17. Analysts expect year-over-year growth in both revenue and earnings. However, consensus earnings per share (EPS) estimates have been revised down slightly by 0.07% over the past 30 days. This suggests a cautious outlook among analysts.
At the close on April 11, Netflix stock traded at $918.29, down by 0.31%. In after-hours trading, the price edged slightly higher to $919.80. The stock traded with a volume of 4.07 million shares. RSI stands at 47.76, reflecting neutral momentum.
The final result could trigger a sharp price move. A positive earnings surprise might push the stock higher. On the other hand, a miss could lead to a decline. The outcome will also depend on management’s commentary during the earnings call.
Technical Analysis
On the daily chart, Netflix recently bounced off a key demand zone near the $820–$830 range. This zone had previously served as a strong support area. After touching this level, the price formed a reversal candle, signaling potential buying interest.
The stock is now hovering around $918.29, near the 50-day and 100-day moving averages at $961.61 and $931.24, respectively. If the price clears these levels, it may aim for the recent high of $1,064.50. A short-term retracement could occur before a possible continuation higher.
Volume analysis shows a spike during the bounce from support, indicating accumulation. The price pattern suggests a bullish structure is forming. Overall, eyes remain on the April 17 earnings report for the next major move, which might see Netflix surge to a new all-time high.
At the close on April 11, Netflix stock traded at $918.29, down by 0.31%. In after-hours trading, the price edged slightly higher to $919.80. The stock traded with a volume of 4.07 million shares. RSI stands at 47.76, reflecting neutral momentum.
The final result could trigger a sharp price move. A positive earnings surprise might push the stock higher. On the other hand, a miss could lead to a decline. The outcome will also depend on management’s commentary during the earnings call.
Technical Analysis
On the daily chart, Netflix recently bounced off a key demand zone near the $820–$830 range. This zone had previously served as a strong support area. After touching this level, the price formed a reversal candle, signaling potential buying interest.
The stock is now hovering around $918.29, near the 50-day and 100-day moving averages at $961.61 and $931.24, respectively. If the price clears these levels, it may aim for the recent high of $1,064.50. A short-term retracement could occur before a possible continuation higher.
Volume analysis shows a spike during the bounce from support, indicating accumulation. The price pattern suggests a bullish structure is forming. Overall, eyes remain on the April 17 earnings report for the next major move, which might see Netflix surge to a new all-time high.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.