Netflix (NFLX) Adds 41 Million Subscribers: Stock Eyes $1,100

Netflix (NFLX) had a record-breaking 2024, adding 41 cardinal caller subscribers past twelvemonth according to a report. This is much than its full gains successful 2022 and 2023 combined, according to AltIndex. On January 21, its Q4 2024 net study blew past capitalist expectations, sending its banal to a caller high. Entering February 2025, the banal is eyeing adjacent much gains, possibly to scope $1,000 for the archetypal clip and possibly adjacent $1,100.

The past 3 years person been a rollercoaster for Netflix. The streaming institution saw immense subscriber nonaccomplishment successful aboriginal 2022, followed by surging marketplace contention from Disney+ and others. Additionally, its crackdown connected password sharing caused a monolithic backlash and had a large interaction connected Netflix’s gross and banal price. However, a reversal came successful 2024. Netflix picked up large numbers past twelvemonth acknowledgment to its enactment successful unrecorded amusement production. Subscription numbers remained beardown and grew arsenic they hosted 2 back-to-back NFL games unrecorded and a palmy “Jake Paul vs. Mike Tyson” boxing event. Additionally, its archetypal programming besides racked up large numbers, with the instrumentality of “Squid Game” to adjacent retired the year.

“Our concern remains intensely competitory with galore formidable competitors crossed accepted amusement and large tech,” Netflix said successful its Q4 report. “We’re fortunate that we don’t person distractions similar managing declining linear networks and, with our absorption and continued investment, we person bully and improving product/market acceptable astir the world.” Now successful 2025, the streaming giant’s banal is already up 9% YTD.

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Netflix Financials connected the Rise: How Will NFLX Stock Perform?

Source: Forbes

The company’s financials look incredibly strong. Its nett income and net per stock are some up 40% and 44%, respectively, implicit the past year. The amusement elephantine is presently outperforming its median terms target. According to 55 analysts, the institution is trading supra its $825 projection. Now, it looks much successful enactment with the high-end projection reported by CNN astatine $1,100. That would beryllium an summation of 13% from its existent position.

Furthermore, the banal whitethorn proceed to execute good if Netflix decides to execute different banal divided aft hitting $1,000. The institution antecedently divided its banal successful 2015 erstwhile it was trading astatine astir $700 per share. Since then, it has gained astir 900%. With shares astir to interruption into the four-figure range, absorption is apt considering different split. With 2015’s divided causing the banal to outperform further, that whitethorn hap again this year, possibly arsenic NFLX reaches $1,100.

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With tens of millions of caller subscribers and soaring gross and profit, Netflix banal (NFLX) has surged to caller highs. Buy signals are each astir the company, making it 1 of the apical options for investors successful 2025 among amusement stocks.