Reported about 21 hours ago
Netflix stock has achieved its largest weekly gain since January, closing at record highs, with analysts forecasting its shares could soon trade in the quadruple digits. Recent price target increases from analysts highlight the impact of Netflix's expansion into live events, exemplified by the successful viewership of the Jake Paul vs. Mike Tyson boxing match. Despite concerns about slowing subscriber growth and revenue, the company's advances in live programming and advertising are seen as crucial growth drivers for the future.
Source: YAHOO