Netflix has seen explosive growth in 2024, with shares up over 90%, prompting discussions about its future performance amidst high expectations and competition in streaming.
The extensive lineup of content from Netflix, including live NFL games and popular series like Squid Game Season 2, positions the company favorably for sustained growth.
Despite the high valuation, experts remain optimistic about Netflix, indicating that its strong management and strategic content choices could continue to fuel subscriber growth and profitability.
UBS analyst John Hodulik raised his price target for NFLX to $1,040 due to confidence in the 'robust' content pipeline and its potential to drive subscriber growth.
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