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Netflix shares rise on strong revenue forecast amid economic concerns

Netflix shares rose about 3% in premarket trading on April 21, 2025, following a strong annual revenue forecast of $43.5 billion to $44.5 billion. Co-CEO Greg Peters highlighted the company's resilience during economic downturns, with no significant changes in customer behavior, and noted that its ad-supported tier accounted for 55% of new sign-ups in available markets. This strategic pivot positions Netflix favorably against traditional media companies facing significant challenges.
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United States Dollar Netflix, Inc. Warner Bros. Discovery, Inc. USA Greg Peters Jeffrey Wlodarczak
Business & Industry, Market Report
12:23 21.04.2025

analysts raise price targets for meta platforms following strong quarterly results

UBS maintains a 'Buy' rating for Meta Platforms with a target price of $690, citing strong sales and profits despite disappointing advertising revenue growth. Other analysts, including Morgan Stanley and JPMorgan, have also raised their price targets, reflecting confidence in the company's performance. Pivotal Research has increased its target to $800, emphasizing Meta's growth potential.
aktiencheck.de
United States Dollar UBS AG Barclays PLC Citizens JMP Securities LLC Morgan Stanley JPMorgan Chase & Co. Pivotal Research Meta Platforms, Inc. DEU CHE USA Brian Nowak Douglas Anmuth Stephen Ju Andrew Boone Jeffrey Wlodarczak Show more
TradFi, Market Report
11:53 31.10.2024
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