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Netflix (NFLX) stock is trading in between the 50 and 200-day moving averages and is rated a 56% Buy with a Weakening short term outlook on maintaining the current direction.
In the fourth quarter of 2024, Netflix reported a 16% year-over-year revenue increase, reaching $10.25 billion, surpassing expectations. Net income for the quarter stood at $1.87 billion, translating to earnings of $4.27 per share.