Netflix Rally Could Cool As Trade Relief Shifts Focus, JPMorgan Still Bullish
1. JPMorgan maintains Overweight rating on NFLX with $1,150 price target. 2. NFLX shares outperform broader market by +15%; strong defensive subscription model noted. 3. Analyst projects Ad Tier subscribers to exceed 60 million by 2025. 4. Significant advertising revenue growth expected, from $1.4 billion in 2024 to $3 billion in 2025. 5. Content pipeline remains robust, with new releases slated for 2025.