Netflix NFLX stock in after-hour trading jumped over 14%, hitting an all-time high of $993.83. The stock closed at $869.68 on Tuesday.
Netflix added 19M subscribers in the fourth quarter, reaching 301M globally.
The company also announced a $15 billion stock buyback and raised its full-year revenue outlook. NFLX now expects 2025 revenue between $43.5 billion to $44.5 billion, prior expectations were from $43 billion to $44 billion range.
Netflix announced price increases across most plans in the US, Canada, Portugal and Argentina.
The company also expanded its buyback program by $15B, now totaling $17.1B.
Nikolas has been involved in the finance industry for over fifteen years spanning across Europe and USA with a depth of knowledge and experience within many aspects of the financial markets. Nikolas gained several years experience with some of the Europe’s leading Brokers, as equity analyst, and trader managing accounts for both Private and Corporate Investors. He enjoys both the fundamental and technical aspects of trading focusing on stock markets and all FX majors. Currently, Nikolas provides analysis and comments to online financial publications. Educational background in Economics (BSc), and Finance (MSc).