Netflix (NFLX) shares are more affordable after a 10-for-1 stock split, making them more accessible to investors. Despite a strong year, lower share prices don’t automatically make the stock a buy. Netflix’s growth in paid memberships and strategic revenue boosters have helped broaden its revenue mix in a crowded streaming landscape.

While Netflix’s latest quarterly report showed an earnings miss due to one-off expenses, its fundamentals remain solid. Subscriber growth is strong, and the company’s push into advertising is gaining momentum. This shift is creating a new earnings engine, supporting strong EPS growth ahead and likely boosting its share price.

Content remains Netflix’s core advantage, with a strong pipeline of new releases sustaining subscriber momentum. The company’s move into live programming and upcoming high-profile events will deepen viewer engagement and appeal to advertisers. Price increases have led to revenue growth without affecting signups, giving Netflix room to invest in premium content and tech.

Netflix’s earnings growth is expected to accelerate in the coming quarters, driven by expanding membership, ad revenue growth, and popular content. Analysts project significant earnings growth in 2025 and 2026, but Netflix’s premium valuation may limit further upside. Wall Street outlook remains positive, with a moderate buy rating and an average price target of $136.57.

Overall, Netflix is a compelling long-term story, but its premium valuation may not make it an obvious bargain at current levels. Analysts foresee potential upside, but caution remains due to the stock’s valuation.

Read more at Yahoo Finance: Netflix Stock Is Now More Accessible After a 10-for-1 Split, But Is NFLX a Buy?