Is Netflix A 'Buy' Ahead of Q1 Earnings Release?

Streaming giant Netflix NFLX is set to release its first-quarter earnings results after the closing bell on Thursday, April 17th. The stock has outperformed in 2025, sidestepping the market correction with a better than 10% return year-to-date. NFLX, a Zacks Rank #3 (Hold), faces intense competition in the streaming space and will need to impress investors in order for the stock to maintain its momentum.The company is expected to post quarterly earnings of $5.74 per share, which would reflect 8.7% growth over the same quarter in the prior year. Analysts have slightly increased their EPS estimates heading into the announcement.Netflix has surpassed the earnings mark in each of its last four reports and delivered a 7.2% average earnings surprise over that timeframe. Anticipated revenues of $10.54 billion would translate to 12.5% year-over-year growth.Our proprietary Zacks Earnings ESP indicator does not conclusively predict another earnings beat. Investors should exercise caution ahead of the upcoming announcement.Zacks Names #1 Semiconductor StockIt's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Netflix, Inc. (NFLX): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks