1110 ET - Netflix has sustainable growth drivers that should prove to be predictable and defensive amid a wide range of macroeconomic scenarios, according to BofA Securities in a research note, after the streamer reported strong 1Q results and gave an encouraging 2Q guide. The analysts say Netflix shares "will be fueled by continued positive subscriber and earnings momentum in addition to evolving advertising and live opportunities." BofA raises its CY25 revenue estimate to $44.54 billion from $44.43 billion, which is slightly above the company's guidance range. CY25 operating margin estimate goes to 29.4% from 29.1%. BofA also increases its revenue view for CY26 to $49.9 billion from $49.5 billion. (sabela.ojea@wsj.com; @sabelaojeaguix)
(END) Dow Jones Newswires
April 18, 2025 11:10 ET (15:10 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。