Although Netflix (NASDAQ: NFLX) stock is starting 2026 on a weaker note, Wall Street remains bullish on the equity’s long-term prospects.

Attention is focused on Netflix as the company prepares to report fourth-quarter 2025 earnings on January 20, with investors watching operating performance and the balance-sheet impact of its landmark $82.7 billion push to acquire Warner Bros. Discovery assets.

Wall Street expects revenue of $11.97 billion, up 16.8% year over year, and post-split earnings per share of $0.55. The holiday quarter was supported by a strong content slate, with global memberships estimated to have surpassed 312 million, though Netflix no longer reports subscriber additions.

The earnings release follows a…