• Raymond James reaffirms a Market Perform rating for Netflix (NASDAQ:NFLX) with a price target of $869.68.
• Netflix surpasses fourth-quarter estimates and revises its 2025 revenue outlook upwards, confirming strong investor sentiment.
• Analysts predict a potential upside target of $1,285 for Netflix, identifying key support levels at $930 and $824.

Netflix (NASDAQ:NFLX) leads the streaming service market, providing a rich variety of TV shows, movies, and original content to subscribers around the globe. Competing with streaming giants such as Disney+ and Amazon Prime Video, Netflix continues to innovate and expand its service portfolio. On January 21, 2025, Raymond James reaffirmed its Market Perform rating for Netflix, setting a hold position at a price of $869.68, as noted by StreetInsider.

Post earnings announcement, Netflix treated investors with impressive fourth-quarter results, surpassing expectations and raising its revenue forecasts for 2025, resulting in a surge in its share price during after-hours trading. Prior to the earnings release, a strong buying interest was noted around the 50-day moving average, indicating robust market sentiment.

Analysts utilizing bars pattern analysis have targeted a potential upside of approximately $1,285 for Netflix, signaling that a new upward trend could persist until late May. The stock faces key support levels at $930 and $824, which act as important price markers for investors.

Netflix’s recent decision to adjust subscription prices in various regions like the U.S., Canada, Portugal, and Argentina further enhances investor confidence. The firm reported a net addition of 19 million subscribers in their fourth quarter, achieving a total membership exceeding 300 million, which reflects its strong market position and ability to engage new subscribers.

During market hours, Netflix shares fluctuated between a low of $854.75 and a high of $916.40. With a market capitalization estimated at around $371.75 billion and a trading volume of 8,001,478 shares on NASDAQ, Netflix maintains its status as a formidable contender in the streaming landscape.