The streaming leader blew past expectations for subscriber growth, posting record additions of 18.9 million, well above the analyst consensus of 9.8 million. Subscriber growth was also broad-based with the company adding at least 4 million subscribers in all four of its regions,
Streaming giant Netflix (NASDAQ:NLFX) trounced Wall Street expectations with a fourth quarter earnings report that excelled across the board. Sales, profits, and subscriber numbers all surged year-over-year and sequentially as new programming and sports offering drew in record views.
Shares in Netflix (NFLX on the NASDAQ) skyrocketed $100 apiece on Tuesday afternoon following the release of the company's fourth-quarter financials. In a letter to shareholders,
The streamer hit a 52-week high of $999 per share during Wednesday's trading session after adding a record-breaking 18.9 million subscribers
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Wall Street will closely watch the streamer's ad-supported subscriber numbers. Bitcoin hits a new high ahead of Trump's inauguration. TikTok restores U.S. service after going dark.
Analyst bullish on Netflix stock's strong pricing power, original content, and potential for triple-digit outperformance in FY25.
Netflix shot up 14.6% after it reported adding nearly 19 million subscribers during the holiday-season quarter and it topped sales and profit targets. The video streaming service’s expansion into live programming appears to be paying off as it wrapped up its best year ever with more than $40 billion in revenue.
Netflix is earning praise from Wall Street after a blockbuster earnings report. The streamer posted its best-ever quarter of subscriber growth in Q4. New projects like advertising and live events ...
Not surprisingly, Wall Street was impressed with the report, and one firm just lifted its rating on the stock. Wolfe Research hiked its rating on Netflix from peer perform to outperform with a ...
The recent rally has broken many records, and even as AI stocks have cooled after the DeepSeek spook, many stocks continue to trade at nosebleed valuations. Retail investors have been flooding into the markets and companies are repositioning their shares for maximum appeal in the current market.
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