Netflix to $1,100 ?

With Christmas around the corner, Netflix (NASDAQ: NFLX) is set to benefit from increased streaming as families worldwide spend more time indoors during the holidays. This seasonal trend, coupled with Netflix’s rich content library and holiday-themed releases, positions the platform for significant engagement and subscriber growth.

The stock recently closed at $909.74, and analysts at TipRanks have set an optimistic target of $1,100 per share. With increased global streaming hours and strong content strategies, Netflix is well-positioned to ride the holiday momentum. Investors should watch Q4 subscriber growth for further insights into this upward trend.