Netflix's stock is predicted to reach $1,100 by Wolfe Research due to strong performance

From Nasdaq.: 2025-01-25 18:10:00

Netflix (NASDAQ: NFLX) reported stellar Q4 2024 earnings, surpassing expectations with a record 18.9 million new subscribers. Growth was driven by popular content like live events and successful series such as Squid Game. Wolfe Research upgraded Netflix to outperform with a $1,100 price target, citing the company’s strong performance and expanding market. With new revenue streams and a recent price hike, Netflix appears to be a solid investment option. While not on the list of top 10 stocks to buy, Netflix’s recent success suggests potential for significant returns in the future.



Read more at Nasdaq.: 1 Wall Street Analyst Thinks Netflix Is Going to $1,100. Is It a Buy?