1435 ET - Netflix still has a long runway of growth ahead of it, Bank of America analysts say in a research note. Despite its position as streaming leader, Netflix has only captured about 5% of global TV viewership and under 45% of its addressable market, they say. The company's ad-supported tier continues to grow rapidly, and it is continuing to push deeper in live sports by securing three additional NFL games for the upcoming season and extending its partnership with the league through 2029. "In our view, Netflix shares will be fueled by continued positive subscriber and earnings momentum in addition to a long runway for advertising and live opportunities," the analysts say. (connor.hart@wsj.com)
(END) Dow Jones Newswires
May 18, 2026 14:35 ET (18:35 GMT)
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