Read more
6:28 PM · 28 September 2022

Netflix surges after analysts upgrade

-
-
Open account Download free app

Netflix (NFLX.US) stock rose nearly 8.0% after Atlantic Equities upgraded the streaming giant to overweight from neutral and increased its price target to $283, up from $211, saying company's lower-cost, ad-supported subscriber tier, which it plans to launch in several countries on November 1 2022, could boost its share price by 26%.

According to analyst Hamilton Faber, Netflix could achieve average revenue per user (ARPU) of $26 per month from advertising, more than three times the rate of Disney's Hulu.

Netflix (NFLX.US) stock is trading around 65.0% below it's all-time high from November 2021 as slowing subscriber growth caused panic among investors. Price has been moving sideways in recent weeks, however prospects of higher ad revenue growth provided some fuel for bulls today. Nevertheless only a decisive break above the upper limit of the consolidation zone at $251.60, would be a sign of potential trend reversal. Source: xStation5

1 April 2026, 1:45 PM

US Open 🗽US500 gains ahead of the opening session on Wall Street

1 April 2026, 12:35 PM

Market Wrap: European stocks join the bullish rally 🚀 Euro Stoxx +3%

1 April 2026, 10:48 AM

Will EssilorLuxottica and L'Oréal acquire part of the Giorgio Armani brand❓

1 April 2026, 10:44 AM

Nike slumps 10% after earnings falling to the lowest level since 2015 📉

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits