Netflix Inc NFLX analysts call the fourth quarter beat one of the best in company history and changed price targets based on the content slate, price increases and strong advertising momentum.The Netflix Analysts: Macquarie analyst Tim Nollen reiterated an Outperform rating and raised the price target from $965 to $1,150.KeyBanc analyst Justin Patterson maintained an Overweight rating and raised the price target from $1,000 to $1,100.Guggenheim analyst Michael Morris maintained a Buy rating and raised the p ...

Key TakeawaysNetflix shares popped Wednesday after the company reported 19 million new subscribers in the fourth quarter and lifted its 2025 outlook.The streamer also raised its subscription prices, which analysts say is likely to drive revenue growth with "little pushback."Analysts at several firms raised their price targets on the stock following the results. Netflix (NFLX) is entering 2025 “firing on all cylinders” after adding 19 million subscribers in the fourth quarter and raising its subscription pri ...

Key TakeawaysNetflix is now charging $7.99 rather than $6.99 a month for its cheapest plan.The new price is equal to the least expensive plan available from Comcast's Peacock.Most other major streaming services' plans start at a dollar or two more a month. Netflix now shares the distinction of offering the least-expensive streaming service in the U.S. Netflix's (NFLX) decision to raise rates brings its ad-supported standard plan to $7.99 a month. That matches the cheapest plan available from Comcast’s Peaco ...

Netflix's Subscriber Growth and Market Performance - Netflix shares soared 13% to an all-time high, driven by a record 18 9 million subscriber additions in the holiday quarter [1] - The company's global subscriber base now exceeds 300 million, solidifying its lead in the streaming industry [3] - Netflix's market capitalization was set to increase by over $50 billion, reaching approximately $370 billion [3] Strategic Focus on Sports and Content - Netflix's expansion into live sports, including a boxing match between Jake Paul and Mike Tyson and NFL games on Christmas Day, contributed to its success [4][5] - The Tyson-Paul bout was the most-streamed sporting event ever, driving significant sign-ups [5] - Netflix has secured US broadcast rights for the 2027 and 2031 FIFA Women's World Cups [7] Revenue and Pricing Strategy - Despite strong subscriber growth, revenue only rose 16%, slightly above estimates, due to lower ARPU countries and ad-supported tier sign-ups [8][9] - Netflix announced price hikes in markets including the US, aiming to boost revenue as it shifts focus from subscriber growth to other performance metrics [1][10] Analyst Perspectives - Analysts noted that Netflix's subscriber additions far exceeded expectations, defying industry odds [2] - The company is expected to start bidding for other major sports rights, leveraging its success with special events [6][7]

The streaming pioneer continues to add subscribers at a brisk pace.Shares of Netflix (NFLX 11.16%) charged sharply higher on Wednesday, surging as much as 14.9%. As of 10:58 a.m. ET, the stock was still up 11.1%.The catalyst that propelled the streaming pioneer higher was the company's financial results, which were much better than investors had anticipated.Subscriber growth is soaringFor the fourth quarter, Netflix reported revenue that grew 16% to $10.2 billion. The company also expanded its operating mar ...

Netflix stock flirted with the $1,000 mark Wednesday, hitting all-time highs in the wake of the company’s spectacular earnings report. In detailing its fourth-quarter financials Tuesday, Netflix said it added a company-record 18.9 million subscribers during the period to reach 301.6 million worldwide. It also exceeded forecasts for revenue and earnings per share. Investors piled into the stock on the news, sending shares up more than 10% to as high as $999 before they settled closer to $960. It’s a dramat ...

Key TakeawaysNetflix executives saw live events, including sports, as among the key reasons for its fourth-quarter results that outperformed expectations.Still, executives say that acquiring "large regular season sports packages" still isn't a priority the company."Our live strategy is all about delivering can't-miss, special event programming," the company says. The folks at Netflix are big sports fans—but don't expect the company to fight to own a league's full-season rights.  Executives at the streaming ...

Netflix (NFLX) reported robust fourth-quarter 2024 results after the closing bell on Tuesday. The world's largest video-streaming company outpaced earnings and revenue estimates and posted the biggest-ever quarterly subscriber gain. Shares of Netflix jumped as much as 15% in after-market hours.See the Zacks Earnings Calendar to stay ahead of market-making news.Investors could tap the opportune moment through ETFs with the largest allocation to this streaming giant. These funds include MicroSectors FANG+ ETN ...

Netflix (NFLX) shares jumped more than 14% in pre-market trading after the company reported fourth-quarter 2024 earnings of $4.27 per share, which beat the Zacks Consensus Estimate by 1.67%. The figure jumped 102.4% from the year-ago quarter.Revenues of $10.24 billion increased 16% year over year and beat the consensus mark by 1.29%.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The company has maintained healthy engagement levels in the fourth quarter, with about two hours of view ...

In this video, I will go over Netflix's (NFLX 11.79%) fourth-quarter earnings report and explain why the company continues to win the streaming wars. Watch the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were from the trading day of Jan. 21, 2025. The video was published on Jan. 22, 2025. ...