Netflix incites investor optimism with its spellbinding performance throughout the week. Profits for the streaming giant have been exceptionally high, defying the economic downturn. Resilient amidst an unstable economy, Netflix, with its earnings beat and ambitious revenue outlook, has proven its potential as a 'defensive choice'. Furthermore, the company's
strong revenue growth in Q1 has affirmed predictions that the company is heading for even higher leaps. The company seems impervious to tariffs, with many believing it could be Silicon Valley's Johnson & Johnson. As analysts stay bullish on Netflix, its valuation continues to be a hot topic of discussion. Notably,
MoffettNathanson raised its price target to $1,150 from $1,100, whereas
BMO Capital and
Pivotal Research increased their targets to $1,200 and $1,350 respectively. Despite
WallStreetBets' interest, analysts have reminded investors to ?remain cautious due to the company's increasing costs.
Netflix Stocks News Analytics from Fri, 07 Mar 2025 08:00:00 GMT to Sat, 19 Apr 2025 22:08:00 GMT -
Rating 8
- Innovation 2
- Rumor -5
