Netflix's main focus recently has been on juicing profits, not necessarily growing its subscriber count.
The streaming platform has focused on driving profit, as it hikes prices, cracks down on password sharing and grows its ad-tier service.Total memberships: 264.21 million, according to Street Account
The streaming company is navigating its transformation from targeting subscriber growth to focusing on profit, as it uses price hikes, a crackdown on password sharing and an ad-supported tier to boost revenue. Investors are looking for signs that these efforts are still boosting Netflix and seeking more details about the company's foray into video games.
As of Thursday morning, the company's stock was up 27% year to date and around 85% over the last 12 months.Wednesday's analyst calls: Tesla price target cuts, GE spinoff to pop more than 20% If you're worried about a correction and over-invested in Nvidia, replace it with these steady growth stocks insteadWall Street is bullish on copper, thanks to AI. Analysts love these stocks, giving one 234% upside
'Hard to Ignore': Jefferies says this cybersecurity stock could double after 75% rise in the past year
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