18.12.2024 17:55:00
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Will Netflix Split Its Stock Again in 2025?
Netflix (NASDAQ: NFLX) shares hit another all-time high last week, prompting another analyst to jack up a seemingly dated price target on Wednesday of this week. Benjamin Swinburne at Morgan Stanley is raising his goal for the streaming video pioneer to $1,050. It's a $220 increase from his previous target, but it's not as if Swinburne sees a 27% -- or $220 -- jump from where the shares are now. Netflix is already nearly halfway to the Wall Street pro's new goal.Swinburne isn't even the high-water mark among his peers. Jeffrey Wlodarczak at Pivotal Research set a $1,100 price target last month. And that came following the Mike Tyson and Jake Paul fight in November that was streamed live on Netflix with technical issues. Wlodarczak dismissed the well-publicized hiccups as a learning opportunity. Some bulls will go to great lengths to justify their rosy glasses.This brings us to Netflix and its mammoth share price. The stock's cost is approaching four figures now. How much longer will the profitable streamer go without declaring a stock split? Unless it corrects sharply in the coming year, it would be surprising to see Netflix not split its shares at some point in 2025.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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14.02.25 | Netflix Outperform | Bernstein Research | |
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Aktien in diesem Artikel
Netflix Inc. | 822,60 | 3,30% |
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