To The Moon

In Retrospect. $Netflix(NFLX)$ has been one of the biggest growth stories in recent years. Its humble beginnings harked back to 1998 with the launch of its website. In 1999, it started its first subscription services, renting out DVDs. In May 2002, NFLX went public via an initial public offering (IPO) at $15 per share. “Real” turning point came in 2007 when it began to offer streaming services. In 2016, Netflix launched its streaming service in 130 countries, and there's been no looking back since for the entertainment giant. Past Stock Splits. 14 Nov 2025 would be NFLX 3rd forward stock splits. Prior to that, there were 2 others: 12 Feb 2004: a 2-for-1 forward split. 15 Jul 2015: a 7-for-1 forward split. Latest Split. NFLX has announced a 10-for-1 forward stock split, with a record date of 10 Nov 2025. This means every NFLX share owner as of 10 Nov 2025’s closing, will get 9 additional shares for every share held after the close of trading on 14 Nov 2025. What Else ? Over the last 10 years, NFLX's stock price has risen more than +900% and is trading above $1,100 per share. A forward stock split makes the shares more "affordable" but only in absolute price terms. With the latest split exercised, Each NFLX stock price will decrease by one-tenth (⅒). When trading resumes on Mon, 17 Nov 2025, it will be at $111.12 per share. In effect, NFLX’s market capitalization remains unchanged. So is the value of an investor’s investment. Realistically, it's more of a cosmetic change ie. there's no change in NFLX's fundamentals. Why Split ? The main “attraction” of lowering NFLX stock price (after the split) is it will become more "accessible" to its employees who participate in stock options. Investors generally view stock splits positively, as they often reflect management's confidence that stock price will continue to rise, driven by the company's growth. So far, that has hold true for NFLX, if past 2 splits were any indications. Additionally, NFLX: Has delivered some massive entertainment hits in 2025. Has plenty of content lined up for 2026 and beyond. Is monetizing its advertising business, adding another layer of revenue to an already booming streaming service. Seriously, what is there not to like about NFLX ? 2025: NFLX’s Winning Year. Netflix is a leading entertainment company that offers TV series, films, and games in multiple genres and languages, available in 190 countries. NFLX's paid subscriber base has grown exponentially over the years, reaching 300 million, with appetite for digital content booming worldwide. Corporate Earnings. NFLX's revenue is growing steadily, and so are profits and cash flows. In its latest Q3 2025 quarterly earnings, the streaming giant posted: Earnings per share (EPS): was $5.87 vs Q3 2024’s $5.40; that’s a +8.7% YoY gain. (see above) Revenue: was $11.51 billion vs Q3 2024’s $9.83 billion, that’s a +17% YoY increase. (see above) Net income: grew by +7.74% YoY to $2.55 billion vs Q3 2024’s $2.36 billion. Free cash flow (FCF) : increased to $2.66 billion vs Q3 2024’s $2.19 billion; that’s a +21.24% YoY gain. For 2025, NFLX revenue projection remains at $45 billion; that’s a +16% YoY growth. While operating margin is set to increase to 29% vs 2024’s 27%. Other Info. Netflix's quarterly view share reached its highest level since Q4 2022 in the US and UK. NFLX’s management still sees plenty of opportunities ahead to expand Netflix's share of TV engagement in these 2 markets. Netflix, is coming off an exceptional quarter: KPop Demon Hunters became its most popular film, with 325 million views. A sequel to this hit anime is confirmed and is slated for 2029 release tentatively. Boxing match between Terence Crawford & Canelo Álvarez became the most-viewed men's championship fight of the century, with over 41 million views. Q3 2025 was NFLX’s best ad sales quarter, putting the company on track to double ad revenue in 2025. Why Buy After Stock Split? NFLX is a solid “buy” (period) regardless of the current split. As Netflix produces its own shows, it can succeed on its own even if the company, gets fewer chances to license content from others as the industry changes. NFLX’s “Kpop Demon Hunters” animation is a good example. To further grow its business, NFLX is adding (a) live events and (b) games to its services. Major ‘live’ events include 2026 World Baseball Classic (in Japan). FIFA Women's World Cup - 2027 & 2031 editions. For upcoming holiday season, NFLX will introduce party games, playable on TV — using phones as controllers. This could be huge opportunity to monetize ads. Ads should contribute a larger share to Netflix's future revenue growth. As of 21 Nov 2025 NFLX's share price has risen +95,000% since its IPO in May 2002, as of this writing. With the consensus projecting earnings to grow by +25% in 2025 and +27% in 2026, Netflix has a lot more upside. Majority of analysts are bullish about NFLX: Pivotal Research, Analyst Jeffrey Wlodarczak has a high price target of $1,600 per share (before split). That is more-than +40% upside, based on Thu, 20 Nov 2025 closing price of $105.67. The company’s 8.6% market share of overall television viewing for Q3 2025, is the most important driver investors should focus on long-term. As new hit series are launched, NFLX’s durable moat around its business could widen. Institutional investors, money managers or large retail investors looking to trade using options, the price of NFLX options has decreased dramatically, improving NFLX (a) overall liquidity and (b) its outlook for those who are bullish on potential growth (and another 10x surge into 4-digit territory down the road). With its stock price trending below its moving averages of 20-day, 50-day and 200-day - NFLX the stock has drifted into a technical "no man's land," losing its long-term bullish momentum for now. (see above) Coupled with 14-day RSI of 34.78, NFLX is in a neutral-bearish zone, not oversold. But it also presents the possibility of further consolidation. To me, NFLX’s bright spark is its “trading volume”. In recent few sessions, trading volume spiked to a record high of 43.44 million - never seen before. (see above) Market is still optimistic about NFLX. The split presents a “Buy” opportunity - I try not to miss it. Remember to check out my other posts. (See below). Help to Repost ok, Thanks. Due to creative differences and bias, I will scale back my posting. My 2,430 ‘timeless’ posts remain available (for now) for those who value fundamentals as Mr Buffett had pointed — invest in businesses, not pick stocks. To new subscribers, no flashy screens to entice blind investing. I aim to share on how to fish, not fish for you. I’m grateful to share what I know. In the alternate moo moo universe, where I am valued & appreciated, I will still be sharing. Good luck on your i-journey. Must Read: Click on below titles to access. Repost to share, Like as encouragement ok. Thanks. CRWV, A Time Bomb. Don't Dip Buy ! Get Out ? US Market : Skip Thanksgiving Week (24 Nov) ? QBTS vs RGTI : The Earnings Showdown. Do you think NFLX still have room for higher growth with its presence in190 countries already ’? Do you think the FAANG is still relevant OR has Magnificent 7 taken over its place ? If you find this post interesting, give it wings! ️ Repost and share the insights ? Do consider “Follow me” and get firsthand read of my daily new post. Thank you. @Daily_Discussion @TigerPM @TigerStars @Tiger_SG @TigerEvents