Netflix Inc. (NASDAQ:NFLX) is considered one of the best communication services stocks to buy now, with KeyBanc Capital Markets maintaining an Overweight rating and $1,390 price target. The firm sees Netflix’s increasing variety of demand-side platforms as a positive for ad revenue growth and anticipates low double-digit revenue growth through 2027.

Netflix Inc. (NASDAQ:NFLX) offers a global streaming platform with access to a wide range of films, TV series, and video games. While it presents investment potential, some AI stocks may offer greater upside with less risk. For those interested, a report on the best short-term AI stock is available for review.

KeyBanc Capital Markets predicts Netflix’s revenue growth will be supported by its diversification strategy, potentially reaching low double-digit percentages through 2027. The firm sees Netflix’s partnership with Amazon Ads as a positive development for the streaming giant’s ad revenue.

Read more at Yahoo Finance: KeyBanc Reaffirms Overweight Rating for Netflix (NFLX), Sees Strong Ad Revenue Growth