Netflix Stock Split and Licensing Push Signal Strategic Shift in Global Growth

Netflix reported Q3 results with a noncash tax charge and announced a 10-for-1 stock split to boost employee stock options. The company is also expanding its global content reach with new licensing partnerships with Mattel and Hasbro. This diversification of revenue streams supports its international growth ambitions, but investors should remain cautious of rising content costs and crowded streaming markets. The company's outlook projects $59.4 billion in revenue and $17.7 billion in earnings by 2028, with a potential upside of 21% to its current price.