2022---netflix--ubs-raises-its-price-target Today

Netflix stock plummeted by over 70% in the first half of 2022. Key financial milestones included:

: Management announced plans for an ad-supported tier and a crackdown on password sharing . 📊 UBS Analyst Sentiment (2022-2023) 2022---Netflix--UBS-raises-its-price-target

Detail the from the most recent quarterly report. Netflix stock plummeted by over 70% in the

: Shares fell 25% in a single day after the April report. citing early success in "paid sharing".

: Following the initial 2022 crash where price targets were reset across Wall Street, UBS eventually began raising its target again. By July 2023, UBS hiked its target to $525 (from $390), citing early success in "paid sharing".