Netflix Stock Hits All-Time High as JPMorgan Raises Price Target

Group 1 - Netflix stock reached a new all-time high, with JPMorgan raising its price target to $1,010 from $850, maintaining an "overweight" rating [1][2] - Analysts noted strong content and increased advertising revenue as key drivers for growth, predicting significant subscriber additions supported by healthy organic growth and ramping Ad Tier contribution [1][2] - Data indicated a notable improvement in global download and daily active user trends, attributed to popular programming, including a recent boxing match [1] Group 2 - JPMorgan revised its estimate for Netflix's fourth-quarter net subscriber additions to 10 million from 9 million, forecasting that 2025 revenue will benefit from organic growth, advertising contributions, and price increases [2] - Netflix shares experienced a 2% increase, trading at $932.76, and reached a record high of $935.47 shortly after market opening [2]