Netflix’s Growth Momentum Spurs Target Price Boost…
From Financial Modeling Prep: 2025-01-13 12:38:00
Macquarie analysts raised Netflix’s price target to $965, citing strong subscriber growth and revenue opportunities. Netflix projected to end 2024 with 33 million new global subscribers, reaching a total of 293 million. Despite potential subscription growth deceleration, new revenue streams like advertising could drive profitability. A 10-15% price increase for U.S. standard plan expected to boost annual revenue by $600 million.
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