Los Angeles, California – Netflix stock surged in after-hours trading on Tuesday following the company’s impressive fourth-quarter results and optimistic revenue outlook for 2025. The streaming giant’s decision to increase subscription prices in select regions, coupled with adding 19 million new subscribers in the last quarter, has propelled its membership base to over 300 million, much to the delight of investors.
Investors have shown enthusiasm for Netflix, with the stock gaining 80% in the past year, outperforming the S&P 500’s 25% return during the same period. Closing at $995 on Tuesday, the stock experienced a 14% jump in after-hours trading, highlighting the market’s positive response to its recent performance.
Technical analysis of Netflix’s chart reveals key levels to monitor post-earnings, particularly focusing on the stock’s interaction with the 50-day moving average. Despite a temporary pullback in December, Netflix shares found support near this moving average, indicating a potential uptrend in the making.
Moreover, analyzing bars pattern on the chart suggests a potential upside target of $1,285, hinting at a new trend that could persist until late May. By considering past trends and corrections, investors can anticipate future price movements and strategic entry points for maximizing returns.
During potential retracements, investors are advised to keep a watchful eye on major support levels at $930 and $824. These levels present opportunities for buying or accumulating shares, with $930 potentially acting as a strong support area given its historical significance on the chart.
In conclusion, Netflix’s impressive financial performance and strategic decisions have not only pleased investors but also provided a roadmap for potential future growth. By analyzing key indicators on the stock chart and understanding market dynamics, investors can make informed decisions to capitalize on Netflix’s upward momentum.