Guggenheim raised the firm’s price target on Netflix (NFLX) to $1,100 from $950 and keeps a Buy rating on the shares. Q4 results surpassed guidance on all financial metrics, including an all-time quarterly record 19M net member ads that nearly doubled the consensus estimate, the analyst tells investors. The company announced plan price increases in several markets, including the U.S., and raised full-year guidance despite incremental forex headwinds versus the initial 2025 outlook, notes the analyst, who does not think this is “as good as it gets” for Netflix given viewer engagement continues to strengthen and earlier stage initiatives are seen as incremental contributors to sustained growth.
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