Netflix stock surged after strong earnings report exceeding expectations, analysts optimistic on chart patterns

From Yahoo Finance: 2025-04-17 23:27:00

Netflix shares surged after reporting first-quarter earnings that exceeded Wall Street expectations due to higher subscription prices and ad revenues. The stock has gained 9% this year and nearly 60% in the past 12 months, with analysts praising its resilience. Key areas to watch on Netflix’s chart are $1,065 and $1,300, with support levels at $821 and $697. The stock recently rebounded from a 23% retracement, coinciding with the relative strength index moving higher. Investors are eyeing the $1,000 level, with potential targets projected at $1,065 and $1,300 using technical analysis.



Read more at Yahoo Finance: Watch These Netflix Price Levels as Stock Jumps After Strong Earnings