Netflix (NASDAQ:NFLX – Get Free Report) was upgraded by equities researchers at Barclays from an “underweight” rating to an “equal weight” rating in a research note issued to investors on Wednesday, Marketbeat Ratings reports.

What Happened? Shares of streaming video giant Netflix (NASDAQ: NFLX) jumped 15.4% in the pre-market session after the company reported impressive fourth-quarter results, which blew past analysts' global streaming paid memberships expectations,

Streaming video giant Netflix (NASDAQ: NFLX) announced better-than-expected revenue in Q4 CY2024, with sales up 16% year on year to $10.25 billion. Revenue guidance for the full year exceeded analysts’ estimates,

Netflix's blockbuster Q4 earnings and subscriber adds exceeded expectations. Click here to find out the factors that justify a buy rating on NFLX stock.

Rosenblatt Securities analyst upgraded Netflix (NASDAQ:NFLX) stock from Neutral to Buy, setting a price target of $1,494. The upgrade comes after a strong performance in the fourth quarter of 2024, prompting a reassessment of the company's prospects.