---
title: "📈 NETFLIX EARNINGS PREVIEW: 3 SIGNALS TO WATCH TOMORROW"
description: "Tomorrow (Jan 20), after the market closes, Netflix reports Q4 FY2025 results. Here’s what the investor community is focused on:"
type: "topic"
locale: "en"
url: "https://longbridge.com/en/topics/100000000407621.md"
published_at: "2026-01-19T09:44:11.000Z"
author: "[Hotspot](https://longbridge.com/en/profiles/24747427)"
---

# 📈 NETFLIX EARNINGS PREVIEW: 3 SIGNALS TO WATCH TOMORROW

Tomorrow (Jan 20), after the market closes, Netflix reports Q4 FY2025 results. Here’s what the investor community is focused on:

## 📊 **Core Expectations (IG Bank Estimates):**

-   Revenue: $11.97B (+16.8% YoY)
-   EPS: $0.55 (+29.4% YoY)
-   Ad Revenue: $1.08B → rapid scaling of the ad-tier is key.

## 🎯 **The Big Themes:**

1.  **Growth Shift & Monetization:** International markets are now the primary growth engine. All eyes are on **Average Revenue Per User (ARPU)** and pricing power as U.S. growth moderates.
2.  **Advertising in the Spotlight:** The festive Q4 is a major test for ad spend and scaling. Progress here is crucial for the hybrid subscription-ad model thesis.
3.  **Engagement & Churn:** Did year-end engagement hold up? Management’s comments on churn will test the limits of Netflix’s pricing power.

## ⚠️ **The Overhang: The $82.7B Warner Bros. Discovery Bid**

This proposed acquisition will dominate the earnings call. Investors will seek clarity on:

-   Strategic rationale & integration plans.
-   Regulatory risks (U.S./EU scrutiny expected).
-   Impact on future content spend and cash flow. A major source of potential stock volatility.

## 📈 **Sentiment & Outlook:**

-   Stock: +5% over past year (underperformed market). Options imply a ~7.3% post-earnings move.
-   Analyst Consensus: "Moderate Buy"; Avg. Price Target $124.80 (~41.7% upside).
-   FY26 Guidance Anticipated: Revenue ~$51.6B, EPS ~$3.24.

## 🔍 **Saxo Bank’s 3 Key Signals to Watch:**

1.  **ARPU** – The best gauge of monetization effectiveness.
2.  **Operating Margin & Cash Generation** – The shift to profitability focus.
3.  **Churn & Engagement** – The foundation for pricing power and stability.

## 🎯 **POLL: How are you trading $Netflix(NFLX.US) into earnings?**

🟢 Bullish – ads & pricing power will impress  
🔴 Cautious – watching churn & WBD deal risks  
🟡 Waiting for guidance & clarity first

💬 Drop your takes below!

### Related Stocks

- [NFLX.US - Netflix](https://longbridge.com/en/quote/NFLX.US.md)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.