Netflix Stock Price Climbs as April Earnings Put Ad Growth, Margins to the Test
Netflix shares rose 1.1% to $95.31 Friday, outperforming a 0.9% drop in the Nasdaq, after the company scheduled its first-quarter results for April 16. The update will be the first since Netflix abandoned its Warner Bros Discovery bid and paid a $2.8 billion breakup fee. CFO Spence Neumann last week reaffirmed 2026 growth targets and projected $3 billion in 2024 ad revenue. Disney and Warner Bros Discovery shares both fell Friday.