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Netflix last raised the price of its Standard plan in January 2022, upping the monthly cost to $15.49 from $13.99.It also raised the price of its Premium tier by $2 to $19.99 a month at the same ...
On Wednesday, Pivotal Research analyst Jeff Wlodarczak raised his price target on Netflix to a Street high of $1,100 a share, implying over 20% upside based on current trading levels of around $900.
Investors also reacted positively to the company's decision to hike the U.S. price of its traditional, ad-free plan from $16.99 to $17.99 a month, while the cost of a plan with ads will jump from ...
Expectations are high, but so is Netflix's share price. Netflix stock soared 83% in 2024, hitting a new all-time last month. Netflix is now a 17% gain away from crossing the $1,000 mile marker.
Netflix stock nabbed a closing record on Tuesday, finishing the day up more than 1% to trade just under $699 a share. The stock's previous record close was just below $692 in 2021.
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Investors shouldn't expect Netflix's share price growth to resemble what it delivered in the past. It' s a massive $415 billion company now, so such gains are no longer feasible.
For the full year, Netflix's earnings are projected to rise about 60% year over year to $19.08 per share, while full-year revenue of $38.73 billion would mark an increase of about 15% on a yearly ...