) stock closed at a record high just above $772 on Monday as the streamer continued to ride positive momentum from its better than expected quarterly results last week.and projected sales for the current quarter that came in ahead of Wall Street's expectations. On Friday, the streaming giant
"Revenue growth in 2025 and beyond should continue to be a function of slower subscriber growth and a return to a more normal pricing cadence as the company has largely made its way through the ," Deutsche Bank analyst Bryan Kraft said on Friday. "Netflix’s stock is massively expensive for a company whose own guidance implies a revenue deceleration into 2025." Last week, Netflix said its revenue growth is expected to slow from an expected 15% this year to between 11% to 13% in 2025."Ultimately, we all know that Netflix is the winner of the streaming wars," Fishman continued. "It has a bright future as king of premium, long-form media.
Ultimately, though, Ranganathan said it's hard to see others catching up: "Netflix has won the streaming wars, undoubtedly." Cassandra Peterson, the actress best known as Elvira, recently said Ariana Grande once declined to take a photo with her in a viral videoEx-Univ. Kentucky Student Is Sentenced to Prison for Racist Attack on Black Student
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »