Netflix (NASDAQ: NFLX) was one of the best stocks of the 2010s. After an initial misstep with Qwikster, Netflix successfully transitioned from a DVD-by-mail business to a streaming one and delivered phenomenal growth over the decade as it expanded around the world and made streaming mainstream.

Shares of Netflix rose 13% in afterhours trading as investors cheered the company's first U.S. price hike since 2023. The streaming service's move aims to capitalize on surging demand and sharp subscriber gains in the fourth quarter.

U.S. stock index futures rose on Wednesday, led by those tied to the Nasdaq, as investors cheered streaming giant Netflix's strong quarterly performance and President Donald Trump's multi-billion dollar support to bolster AI infrastructure.

Rosenblatt Securities analyst upgraded Netflix (NASDAQ:NFLX) stock from Neutral to Buy, setting a price target of $1,494. The upgrade comes after a strong performance in the fourth quarter of 2024, prompting a reassessment of the company's prospects.

Key Takeaways Netflix shares jumped in extended trading Tuesday after the streaming giant reported better-than-expected fourth-quarter results and lifted its 2025 revenue outlook.Prior to the company's earnings report,

A strong slate of recent original shows and live events is likely to have encouraged people to sign up for the streaming service.