Spotify's Q1 Outlook: Analyst Anticipates Surge in Subscriber Base and Revenue Per User
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 12 2024
0mins
Should l Buy NFLX?
Source: Benzinga
Keybanc ups Spotify target to $350, eyes first-quarter results and long-term revenue growth.
Spotify's premium subscriber growth and ARPU boost lead to optimistic 2024 and 2025 revenue forecasts.
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Analyst Views on NFLX
Wall Street analysts forecast NFLX stock price to rise
38 Analyst Rating
27 Buy
10 Hold
1 Sell
Moderate Buy
Current: 75.860
Low
92.00
Averages
114.18
High
150.00
Current: 75.860
Low
92.00
Averages
114.18
High
150.00
About NFLX
Netflix, Inc. is a provider of entertainment services. The Company acquires, licenses and produces content, including original programming. It provides paid memberships in over 190 countries offering television (TV) series, films and games across a variety of genres and languages. It allows members to play, pause and resume watching as much as they want, anytime, anywhere, and can change their plans at any time. The Company offers members the ability to receive streaming content through a host of Internet-connected devices, including TVs, digital video players, TV set-top boxes and mobile devices. It is engaged in scaling its streaming service, such as introducing games and advertising on its service, as well as offering live programming. It is developing technology and utilizing third-party cloud computing, technology and other services. The Company is also engaged in scaling its own studio operations to produce original content.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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