The streaming service's shares climbed to an all-time high on Wednesday. There's plenty more upside to come, according to Pivotal Research.
Netflix (NFLX) shares surged to an all-time high Tuesday as Wall Street analysts lifted their price targets for the streaming giant's stock, citing optimism about its potential to benefit from live events following last week's boxing match between Mike Tyson and Jake Paul.
Netflix says bout was the most-streamed global sporting event ever
The boxing match between Mike Tyson and Jake Paul was the most streamed sporting event ever, Netflix said. The streaming platform said 108 million global viewers total tuned in for the fight.
Billionaire Jerry Jones Just Explained Why Live Sports Is a No-Brainer for Netflix. Is the Streaming Stock About to Pop Again?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Disney streaming turnaround appears to have firmly taken hold. The division helped Disney deliver a strong set of Q4 FY'24 results, with revenues growing 6% year-over-year to $22.6 billion, while adjusted earnings jumped 39% to $1.14 per share.
The Mike Tyson vs. Jake Paul boxing match on Netflix drew a peak audience of about 65 million viewers.
Netflix sees last week's Jake Paul-Mike Tyson match-up as a success. The streaming giant is still in the early rounds of its efforts to land sports fans—with the next big date coming up this holiday season.
CNBC's Julia Boorstin and Alex Sherman, join 'Power Lunch' to discuss Netflix buffering issues in live streaming.
Netflix stock hit a record high on Monday after the streaming video leader announced huge viewership numbers for its live boxing match. The post Netflix Stock Gets Boost From Mike Tyson, Beyonce appeared first on Investor's Business Daily.
Netflix Inc NFLX made headlines over the weekend, both good and bad, thanks to its highly anticipated live boxing stream featuring Jake Paul and Mike Tyson. The younger Paul won via unanimous decision.