Evercore ISI increases Netflix price target, predicts stock growth from live events

Netflix currently offers for its Premium Plan. With Netflix expanding its content offering to include Live Events, the potential to raise prices will only grow. Mahaney also highlighted the satisfaction levels of Netflix subscribers, noting that while other streaming platforms saw a slight decline in viewing trends for the second quarter, Netflix remained steady. In fact, Netflix was rated the best in terms of content quality by more than 40% of U.S. respondents and 67% of U.K. respondents, maintaining its competitive edge over Amazon Prime Video and Disney’s Hulu.

Netflix’s investment in live events has proven successful, with a record 19 million new subscribers added globally in the fourth quarter alone. A notable streaming event featuring a boxing match between Jake Paul and Mike Tyson became the most-streamed sporting event in history, contributing to this growth. Additionally, the streaming of two NFL games on Christmas Day also boosted subscriber numbers. Despite raising subscription prices for all three plans, Netflix saw strong revenue growth in the first quarter of 2025.

Looking ahead, Netflix has set ambitious goals for the future, aiming for a $1 trillion market capitalization and to double its revenue by 2030. Evercore ISI is among the many Wall Street firms optimistic about Netflix’s potential, with 37 out of 55 analysts giving the stock a strong buy or buy rating. With its continued focus on expanding content offerings, including live events, Netflix is poised to maintain its position as a leader in the streaming industry.