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Netflix is set to announce its earnings, with analysts raising stock price targets due to optimism about ad tier and paid sharing. Guggenheim reiterated a buy rating, raising the price target to $700 per share. Shares have tripled in the last two years, leading to high investor confidence, although even a slight miss could trigger a selloff.
Analysts raise Netflix $NFLX targets ahead of earnings release https://t.co/WrubYbl0e5 https://t.co/2sRHcKE0Qr
$NFLX Guggenheim reiterates Netflix as buy Guggenheim raised its price target on Netflix to $700 per share from $600. “Netflix share performance has remained strong in 2024, up 29% vs. 7% for the NASDAQ 100, and investor confidence into earnings is high.”
Wedbush Securities VP of equity research Alicia Reese joins Yahoo Finance to discuss the expectations for $NFLX earnings: https://t.co/YB5budgAoA
