From Financial Modeling Prep: 2025-01-23 02:08:18

Tim Nollen from Macquarie sets a price target of $1,150 for Netflix (NASDAQ:NFLX), indicating a potential upside of 20.55%. Netflix’s Q4 results showcased a significant surge in stock price, reaching a 52-week high of $999 after reporting sales of $10.24 billion and an EPS of $4.27. The introduction of an ad-supported plan has led to substantial user growth, with ad revenue doubling in 2024, highlighting a strategic shift towards advertising to sustain growth.



Read more at Financial Modeling Prep:: Netflix (NASDAQ:NFLX) Price Target and Q4 Performa…