Added to YB: 2024-06-14
Pitch date: 2024-06-14
NFLX [bullish]
Netflix, Inc.
+15.08%
current return
Author Info
No bio for this author
Company Info
Netflix, Inc. provides entertainment services worldwide. The company offers television (TV) series, documentaries, feature films, games, and live programming across various genres and languages.
Market Cap
$329.3B
Pitch Price
$66.91
Price Target
707.00 (+818%)
Dividend
N/A
EV/EBITDA
23.46
P/E
30.83
EV/Sales
7.46
Sector
Entertainment
Category
growth
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.
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