Good afternoon, and welcome to the Netflix Q4 2024 earnings interview. I'm Spencer Wang, vice president of finance, IR, and corporate development. Joining me today are co-CEOs, Ted Sarandos and Greg Peters; and CFO, Spence Neumann. As a reminder, we will be making forward-looking statements, and actual results may vary.

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](

Netflix is set to report fourth-quarter results after the closing bell on Tuesday, with Wall Street analysts holding mostly bullish ratings on the streaming giant.

Streaming video giant Netflix (NASDAQ: NFLX) announced better-than-expected revenue in Q4 CY2024, with sales up 16% year on year to $10.25 billion. Revenue guidance for the full year exceeded analysts’ estimates,

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.

Netflix shares moved firmly higher in early Wednesday trading, and look set to pass the $1,000 mark for the first time on record, following a blowout set of fourth quarter earnings that cemented its lead as the world's biggest streaming group and triggered a flurry of upgrades from analysts on Wall Street.

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