09:55 AM EDT, 06/05/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
NFLX has the enviable position where its leading global platform for video streaming is not directly at risk to the trade tariff wars. We also believe that NFLX subscriber base is less sensitive to an economic downturn in its leading global markets for household entertainment vs. significantly higher ticket prices for live concerts and sporting events. Thus, we increase our target price by $111 to $1,400 using a forward TEV/EBITDA multiple of 38.0x vs. the five-year historic average at 37.7x. We increase our 2025 EPS estimate by $0.40 to $25.75 and 2026's by $0.75 to $31.00. We believe NFLX's Q1 2025 results confirm the unique competitive position that NFLX has to drive leading edge global platform for local market and subscriber viewing habits. Management has disciplined spending for program and production costs and is now extending into select live events like its multi-year, landmark $5B deal with WWE's flagship program, Monday Night Raw. NFLX also signed for two NFL games.