Netflix Q2 Preview: On Track For Strong Quarter—Weak Dollar Could Give It A Lift

Zinger Key PointsNetflix is likely to report Q2 in-line with guidance.The company could report EPS of $7.05.PPI and Industrial Production drop Wednesday morning — see how Matt Maley is trading the reaction, live at 6 PM ET.In a rapidly evolving entertainment landscape where streaming giants vie for dominance,Netflix Inc.NFLXsustained leadership in viewership underscores its pivotal role in shaping the future ofdigital content consumption.Netflix remains the world's leading paid SVOD (subscription video on demand platform) by viewership, according to BofA Securities.The NetflixAnalyst:Analyst Jessica Reif Ehrlichreaffirmed a Buy rating and price target of $1,490.The Netflix Thesis:The company is likely to report its second-quarter results broadly in line with guidance, while currency impact could lend "modest upside" due to the dollar weakening during the quarter, Ehrlich said in the note.Check outother analyst stock ratings.Netflix could report earnings of $7.05 per share, slightly higher than the guidance of $7.03 per share, she added.“Squid Game” season 3 had the best 10-day viewership in Netflix’s history, with 106.3 million views, the analyst stated."The remainder of the 2H slate should continue to build on this success with the return of high profile shows (Wednesday & Stranger Things), new releases (Frankenstein, Happy Gilmore 2, etc.) as well as live events (Álvarez vs. Crawford, NFL on Christmas, etc.)," she further wrote.NFLX Price Action:Netflix shares were down 0.14% at $1260.24 at the time of publication Tuesday,according to Benzinga Pro.Loading...Loading...Read More:Netflix’s Squid Game Reality Show Gets Season 2 Date: $4.56 Million Prize Without The KillingPhoto: ShutterstockNFLXNetflix Inc$1260.25-0.13%Stock Score Locked: Want to See it?Benzinga Rankings give you vital metrics on any stock – anytime.Reveal Full ScoreEdge RankingsMomentum94.26Growth91.80Quality85.30Value12.29Price TrendShortMediumLongOverviewMarket News and Data brought to you by Benzinga APIs© 2025 Benzinga.com. . .EarningsAnalyst RatingsOptionsDividendsIPOsdate▲▼ticker▲▼name▲▼Price Target▲▼Upside/Downside▲▼Recommendation▲▼Firm▲▼Click to see moreAnalyst RatingsupdatesAnalyst CalendarJoin Benzinga Edge and unlock all the major upgrades, downgrades, and changes to the market's most accurate analysts.Click to JoinPosted In:ReiterationAnalyst Ratings