Netflix reports blowout Q4 earnings, raises revenue guidance and announces price hikes
From StockTwits: 2025-01-24 02:56:12
Netflix reported a blowout fourth-quarter earnings report, exceeding expectations with 18.91 million global paid subscriber net additions. The company also raised its revenue guidance for 2025 and announced price hikes for some subscription services. Despite the strong performance, retail sentiment has turned cautious, with a poll showing mixed expectations for the stock’s future. Netflix stock settled at a record $984.86, with a consensus price target of $986.46, indicating minimal upside potential. The stock has gained over 13% in two sessions post-earnings, and 10.5% year-to-date after an 83% surge in 2024.
Read more at StockTwits: We Asked Stocktwits Users What’s Next For Netflix Stock After Stellar Q4 Earnings: Retail Mixed About Trajectory
