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Netflix Analysts Raise Price Targets Ahead of Q2 Earnings Report

Wall Street expects strong subscriber growth and increased ad revenue as Netflix pivots to new strategies.

  • Analysts predict Netflix will add between 5 to 7 million new subscribers in Q2, surpassing initial estimates.
  • Stock price targets have been raised, with projections reaching as high as $780 per share.
  • Netflix's crackdown on password sharing has significantly reduced account sharing, driving new subscriptions.
  • The company is expanding its ad-supported tier, which now accounts for 40% of new signups.
  • Netflix is venturing into live sports and events to boost engagement and attract more subscribers.
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