Traders Expect a Big Netflix Stock Move After Earnings—Here’s How Much

Netflix (NFLX) has been slated to report the results of the first quarter after the markets get close to the markets on Thursday, and the option markets suggest that traders expect a large stock price step in the next days.

Netflix option pricing on Wednesday indicated that the stock is expected to move in any direction in any direction in the week after Thursday’s report, with a stock -rce range between $ 893.47 and $ 1,059.09. (US financial markets are closed on Friday, which means no major step in stock will be till next week.)

Uncertainty is at high level in Netflix’s report, and that alternatives are reflected in option prices for almost all stocks. “The market is pricing in the highest average vested tricks since 1Q20,” JP Morgan analysts wrote in a note on Monday. By their calculations, the average inherent income-day steps for shares that they cover are 8.1% in this quarter, compared to an average an average of 6.5% in the last three years and compared to 5.9%.

In the same note, JP Morgan compared the 60 largest S&P 500 shares in this quarter and the historic post-Kamai tricks of his inherent instability. They found that Netflix was the lowest by-manned-or the “cheapest”-popost-Kamai volatility. Over the last three years, the post -earning move has an average of about 11%, making it and the meta platform (meta) JP Morgan’s sample the most unstable names.

Netflix’s “cheap” inherent instability puts it into minority. According to JP Morgan’s analysis, traders are being priced in small-to-high moves for only nine out of 60 largest shares in S&P 500. Tech giant Nvidia (NVDA), Meta, Broadcom (AVGO) and Oracle (ORCL) are among those nine.

Netflix stock is increasing speed in earnings

Netflix stock has jumped after each of its previous two earnings reports. The shares increased by about 10% after the fourth quarter earnings in January. The company also increased its revenue forecast for 2025 and increased its share buyback program by $ 15 billion. In October last year, Netflix defeated expectations for its top and lower lines, and indicated a strong demand for its advertising membership tier, referring to more than 11% shares the next day.

Netflix stock popped after a report on Tuesday that the streaming giant is aiming to double their revenue to about $ 78 billion by 2030, an ambitious goal that the company hopes to promote it along with Tech Giars and Amazn at the $ 1 trillion market-capitalization club.

Analysts typically accelerate earnings on Netflix stock. Openheheimer stuck with its “buy” rating and $ 1,150 price on Monday – the most on Wall Street – and expressed confidence that streammer would mostly be untouched by tariffs and an economic recession.

Netflix shares fell by 1.5% on Wednesday amid extensive sales. Even with a decline, the company’s shares are around 8% so far this year and have increased by 56% in the last 12 months.