Netflix stock closes at all-time high as investors praise earnings. But valuation concerns remain.

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 53 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 42%
  • Publisher: 63%

Netflix News

Revenue Growth,Jessica Reif Ehrlich,Bank Of America

Netflix stock hit another all-time high on Monday to trade above $772 a share. But some analysts are concerned the company's valuation is lofty.

) 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

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: Nasdaq, S&P 500 step higher as Netflix jumps after earnings beatThe major gauges are on track for a sixth weekly win in a row after a strong start to earnings season.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »