From Financial Modeling Prep: 2025-04-15 17:11:00

BofA Securities reiterates Buy rating on Netflix (NFLX) with $1,175 price target. Netflix aims to double revenue and reach $1 trillion valuation by 2030, implying 16% CAGR. Shares closed up nearly 5% on Tuesday.

Netflix’s long-term roadmap includes subscriber growth, pricing power, ad revenue expansion, and increased operating income. Targeting $9 billion in ad revenue by 2030, up from $500 million in 2021.

Despite market volatility, Netflix remains a defensive play with a strong subscription model. BofA sees ad business as a tailwind, expecting stock to respond positively to aggressive growth strategies.



Read more at Financial Modeling Prep:: Netflix Eyes $1 Trillion Valuation by 2030, Reinfo…