At the same time, I’ll be watching operating margin & cash flow closely. Netflix has been getting more disciplined with content spending, and if they can show improved efficiency while still delivering double-digit revenue growth, it strengthens the case that this is no longer just a growth story—but a maturing, high-quality cash generator.
So my call: I expect Netflix to close at $113.13 on April 17. Not a huge breakout, but a steady move higher post-earnings as long as there are no surprises on subscriber trends / ad momentum.
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