Q4 2024 Earnings Call Transcript January 21, 2025 Netflix, Inc. beats earnings expectations. Reported EPS is $4.27, expectations were $4.21. Spencer Wang: Good afternoon, and welcome to the Netflix Q4 2024 Earnings Interview.

Analysts were bullish on Netflix stock ahead of its earnings beat, but what is Wall Street saying now? We take a closer look.

Netflix stock (NFLX) surged, after the streaming service reported the highest-ever level of quarterly subscriber gains and said it plans to [raise U.S. prices](

Technically, the stock’s price is likely to drop back into a “normal” range around $930 over the next week of trading. From there, expect to see a consolidation that will lead to a robust trend towards a target price above $1,000.

Netflix is entering 2025 “firing on all cylinders” after adding 19 million subscribers in the fourth quarter and raising its subscription prices, JPMorgan analysts said.

The company raised subscription prices across most plans in the U.S. and several other markets. It added 19 million subscribers in the fourth quarter of last year.

The Netflix flywheel, Stargate Project stakes, Microsoft carbon credits. Plus: Stripe layoffs, Samsung Galaxy S25, EA cuts guidance, Neko Health fundraise in the latest edition of Fortune's flagship tech newsletter.

Learn more Streaming subscription price increases continue to roll out across several top services, and Netflix is the latest to announce a change. The streaming giant just announced a price hike, bringing the cost of its Standard ad-free plan up to $18/month in the US.