Netflix stock forecast 2021 analysts tracking Netflix stock

Analysts tracking Netflix stock forecast 2021 noted a strong correlation between subscriber growth in Asia-Pacific markets and share price resilience. With emerging economies fueling ARPU gains, Goldman Sachs maintained a buy rating, citing international business diversification. The stock dropped 9.1%, to $555.04 in New York at the close, the biggest decline since April 2022. Still, the shares have gained 14% this year. The return of the box office, led by "Spider-Man: No Way Home" and "The Batman," demonstrates that consumers are no longer staying on their couches to watch movies. The Netflix stock forecast 2021 outlook highlighted robust cash flow prospects as the company pivoted towards positive free cash generation, reinforcing investor confidence despite higher content amortization costs. Price range consensus for the year hovered between $500 and $