Netflix, Inc. (NFLX) reported a blowout fourth-quarter earnings report this week and analysts gave approval to the stellar performance either by lifting the price targets or upgrading the stock. However,

Netflix shares moved firmly higher in early Wednesday trading, and look set to pass the $1,000 mark for the first time on record, following a blowout set of fourth quarter earnings that cemented its lead as the world's biggest streaming group and triggered a flurry of upgrades from analysts on Wall Street.

Netflix shares hit new all-time highs after the streaming giant posted strong Q4 2024 subscriber additions and announced new price hikes.

Netflix will hike prices across the board on its U.S. customers by between $1 and $2.50 per month, banking on the appeal of a new season of Stranger Things to draw in more audiences.