Citi analysts expect Netflix Inc (NASDAQ:NFLX, ETR:NFC) to report third quarter 2025 revenue and earnings before interest and taxes (EBIT) modestly below the Street consensus.
This is due primarily to their revised foreign exchange estimates resulting from a stronger US dollar.
In a note to clients on Friday, the analysts wrote that they also expect Netflix to raise its fiscal year 2025 EBIT guidance.
They added that beyond its results, investors will likely focus on the company’s ad-tier, its content strategy, and subscriber commentary.
Citi analysts lowered their target price on Netflix from $1,295 per share to $1,280 to reflect the revised estimates, while maintaining their 'Neutral’ rating on the stock.
Financial results for the streaming service are due to be released on October 21 after the close.
Netflix shares slipped 0.7% to $1154.69 in afternoon trading on Friday.