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Added to YB: 2024-06-14

Pitch date: 2024-06-14

NFLX [bullish]

Netflix, Inc.

+42.26%

current return

Author Info

No bio for this author

Company Info

Netflix, Inc. provides entertainment services. The company offers television (TV) series, documentaries, feature films, and games across various genres and languages.

Market Cap

$429.9B

Pitch Price

$66.91

Price Target

707.00 (+643%)

Dividend

N/A

EV/EBITDA

32.05

P/E

39.32

EV/Sales

10.09

Sector

Entertainment

Category

growth

Show full summary:
Netflix to Exceed Growth Expectations: KeyBanc’s Analysis and Price Target Increase

NFLX: KeyBanc survey shows improving member trends & engagement. Expects net adds of 29M/23M/18M in 2024-26 (8-19% above consensus). Ad dilution a headwind but price hikes can drive 3-4% blended ARPU growth & 11-15% rev growth thru 2026. PT raised to $707 at 30x 2025 P/E. Maintains OW.

Read full article (1 min)