MoffettNathanson analyst Robert Fishman raised the firm’s price target on Netflix (NFLX) to $1,150 from $1,100 and keeps a Buy rating on the shares. Despite the Q1 beat relative to guidance, Netflix maintained its 2025 guidance across the board, the analyst tells investors in a research note. The firm continues to forecast Netflix generating nearly $6B in advertising revenue in 2027 and $9.6B by 2030. It believes the company appears to be underearning relative to its engagement and even after the recent price increases still has a consumer surplus to further raise prices.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on NFLX:
