Netflix’s Price Target Increased to $500 at Guggenheim 
<p>Guggenheim analysts increased <a href='https://financialmodelingprep.com/financial-summary/NFLX'>Netflix's (NASDAQ:NFLX)</a> price target to $500.00 from $375.00 while reiterating their Buy rating. </p>
<p>The analysts stated that despite a year-to-date outperformance of 44% compared to the NASDAQ 100's 35%, they see significant untapped potential in Netflix shares for the next 12 months. </p>
<p>The analysts emphasized Netflix's dominant position as the global leader in high-quality, long-form streaming video, which is expected to drive financial growth through higher subscription average revenue per user (ARPU), increased advertising revenue, and margin expansion. </p>
<p>Furthermore, an analysis of Apptopia download data supports the conclusion that the recently expanded paid-sharing initiative has not led to a sustained increase in member churn, aligning with broader feedback.</p>

NASDAQ:NFLX