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Investors reacted enthusiastically to the results, sending Netflix's stock surging about 13% in extended trade, lifting its stock market value by almost $50 billion.
Netflix announced Tuesday it will raise prices on most of its subscription tiers in the US and Canada after the streaming giant reported 19 million new subscribers in the last quarter of 2024.
The best way to show how the streaming wars have worked out is via this chart: It shows you that Netflix stock is soaring. After falling below $180 a share in summer 2022, it hit an all-time high ...
Part of what’s driving the price hikes is how saturated the streaming market has become. For a company like Netflix, which has 77 million paid subscribers in the U.S. and Canada, finding new ...
At least 20 analysts raised their price targets on the stock following results, bringing the median target to $760 from $706.38, according to data compiled by LSEG. Netflix's shares were trading ...
Netflix will no longer report membership numbers starting next year — a bombshell move for the streaming industry, which has historically tied company performance to subscriber gains or losses. ...
Netflix is expected to raise prices ... analysts pointed out Nielsen data which shows Netflix’s share of US television viewing rose to 7.9% in January 2024, up from 7.7% the previous month ...
Newly released data confirms Netflix (NFLX) is truly the dominant player in the over-the-top streaming industry in the U.S. The competitive landscape suggests it would be difficult for a rival to ...