Streaming giant Netflix delivered upbeat quarterly results on Thursday, with revenue soaring 16% year over year and beating analyst expectations. The company reported its seventh straight quarter of double-digit growth, fueled by healthy member growth and increased pricing for its products.
Netflix also raised its full-year revenue guidance, citing success with its new ad-supported services. This trend is expected to benefit Disney+, which has been raising prices for its streaming platforms and bundles.
In related news, NBCUniversal’s Peacock is increasing prices by $3 per month for its ad-supported and ad-free tiers. The price hikes come after a surge in subscribers for the latest season of “Love Island” and in anticipation of its NBA broadcast package beginning this fall.
Disney’s third-quarter earnings are expected to be strong, with UBS estimating double-digit earnings per share growth due to resilient demand at the company’s theme parks. Analysts have raised their price target on Disney stock to $138 a share from $120 earlier this week.
Jim Cramer, host of “Squawk on the Street,” believes that Disney’s streaming numbers will prove its breakout and drive up the stock price. However, he maintains discipline in his investment approach, trimming his position in June and waiting for earnings updates before making further trades.
Source: https://www.cnbc.com/2025/07/18/what-netflixs-beat-and-raise-quarter-is-good-for-disney-investors.html