
Netflix's share price reached an all-time high on Friday, driven by strong quarterly performance and positive investor sentiment. The company, often referred to as the 'King of Streaming,' saw its stock rise 58.63% year-to-date. Co-CEO Gregory K. Peters highlighted that the ads plan membership base increased by 35% quarter-over-quarter, with ads revenue expected to double year-over-year. Netflix also exceeded Wall Street’s forecasts in every major metric, prompting analysts to revise their stock price targets. Jim Cramer expressed optimism about Netflix’s future based on the quarter's results. Despite the strong performance, Netflix did not announce a stock split.


Analysts revamp Netflix stock price targets after Q3 earnings surprise https://t.co/mbecUN3Nja
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$NFLX Co-CEO Gregory K. Peters: "Our ads plan membership base was up 35% quarter-over-quarter... ads revenue will roughly double year-over-year."