Netflix's ad-supported tier hits 70 million users

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Evercore ISI on Netflix (NFLX): 'We remain more focused on subscriber growth than ad revenue'

November 12, 2024 2:11 PM EST

Evercore ISI analyst Mark Mahaney reiterated an Outperform rating and $775.00 price target on Netflix (NASDAQ: NFLX).

The analyst comments "Our View: Earlier today, NFLX provided a positive update on its ad business, disclosing 70MM MAUs of its ad-supported plan as the company reached the second anniversary of the ad... More