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

Netflix is entering 2025 “firing on all cylinders” after adding 19 million subscribers in the fourth quarter and raising its subscription prices, JPMorgan analysts said.

Technically, the stock’s price is likely to drop back into a “normal” range around $930 over the next week of trading. From there, expect to see a consolidation that will lead to a robust trend towards a target price above $1,000.