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Netflix Stock Gets a Price-Target Hike. Why It Still Has Upside After a Great Run. - Barron's

1. Analyst David Joyce rates NFLX a Buy, raising target to $1,230. 2. NFLX shares have risen 25% since early April amid market turbulence. 3. Company aims for $1 trillion market cap and doubled revenue by 2030. 4. New content from Stranger Things and Bridgerton supports NFLX's positive outlook. 5. Joyce predicts EBITDA growth of 14% by 2026, boosting investor confidence.

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FAQ

Why Bullish?

Analysts expect growth and resilience, akin to previous upturns in NFLX. Historical performance shows stock stability during downturns boosts long-term investor confidence.

How important is it?

Analysts' insights and company targets suggest significant near-term and long-term implications for NFLX stock.

Why Long Term?

The substantial revenue goals and new content slate indicate lasting growth potential.

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