Netflix stock forecast 2021 showed strong upward momentum early in

Netflix stock forecast 2021 showed strong upward momentum early in the year, driven by subscription growth to over 206 million members globally and pandemic streaming demand. Analysts projected earnings per share (EPS) growth of 20% YoY, with price targets averaging $550 as investors anticipated continued content investment and international expansion fueling revenue streams. Sign up for Indiewire's Newsletter . For the latest news, follow us on Facebook , Twitter , and Instagram . Netflix completely transformed Hollywood entertainment and television over the last 15-plus years, turning it into one of the biggest winners on Wall Street. The company remains near the top of the crowded streaming industry despite growing challenges from deep-pocketed rivals such as Apple ( AAPL ) and Amazon, and heavy investments from Disney ( DIS ) and other traditional titans. Throughout 2021, Netflix stock forecast incorporated inflation concerns, with analysts noting minimal churn risk despite modest price hikes in North America. This demonstrated elasticity in consumer demand for premium streaming content.