Equity Research Business Associate - Washington & Sustainability Strategy

Jefferies has started coverage of Netflix with a "Buy" rating and an $85 price target. The stock trades at about $71, which implies upside of more than 20%. Analyst John Colantuoni cites better monetisation, margin gains from scale, and share buybacks. Jefferies expects earnings per share to grow more than 14% a year over the next decade. It projects advertising revenue growth of 35% a year and price rises of about 7% a year. Netflix repurchased $4.7 billion of shares in its second quarter, its largest quarter ever, with about $27 billion of buyback capacity left. Management expects 13% to 14% revenue growth this year. Wall Street forecasts sales of $51.22 billion in 2026.

Boursa Kuwait promotes Kuwaiti capital market opportunities and enhances communication with international investors in the United Kingdom October 18, 2026 - The 11th promotional roadshow is organized by Boursa Kuwait in cooperation with Jefferies Financial Group and with the participation of the Capital Markets Authority - The Authority's participation enables direct dialogue on the legislative and regulatory framework, investor protection, and market developments - Al-Abdulkarim stresses the importance of listening to investment institutions to support market development projects and facilitate access to its opportunities Boursa Kuwait is organizing its 11th promotional roadshow in the United Kingdom, in cooperation with Jefferies Financial Group and with the participation of the Capital Markets Authority, from October 19 to 21, 2026. The aim is to promote the Kuwaiti capital market and its investment opportunities, enhance communication with international investment institutions and asset managers, and learn about their priorities in a way that supports efforts to attract investments and facilitate market access. The roadshow provides direct meetings with prominent figures in the international investment community to review the latest developments and potential of the Kuwaiti capital market, and to discuss the regulatory and operational development and expansion of investment products witnessed by the market ecosystem. It also provides an opportunity to listen to the views of international institutions on investing in Kuwait and their requirements when evaluating markets and allocating capital, which helps the Kuwaiti capital market ecosystem identify areas that can be developed to improve the investor experience and enhance market competitiveness. Cooperation with Jefferies Financial Group comes within Boursa Kuwait's keenness to work with international financial institutions that have broad relationships with asset managers and institutional investors. This contributes to conveying the developments and opportunities of the Kuwaiti market to parties involved in making investment decisions, and enables deeper discussions about its position within investment strategies in the region and emerging markets. The participation of the Capital Markets Authority is of particular importance as it is the regulatory body for securities activities and is responsible for issuing the regulations and instructions necessary to implement the law and develop the market's regulatory framework. The Authority's presence also enables investment institutions to communicate directly with the body responsible for regulating the market, learn about the latest legislation and controls regulating its activities, and understand the foundations it provides for transparency, disclosure, and investor protection, which are essential elements in international institutions' evaluation of the markets in which they invest. This participation also reflects the integration of roles between the Authority and Boursa Kuwait in developing the capital market and enhancing its attractiveness. While Boursa Kuwait reviews investment opportunities, operational developments, and market access channels, the Authority's participation helps clarify the frameworks governing these developments and deepens investors' understanding of their rights and obligations. This dialogue helps provide a more comprehensive picture of the Kuwaiti investment environment and supports institutions' confidence in the market ecosystem's ability to continue development within clear rules. Dialogue with investors is an essential part of market development Commenting on the roadshow, head of markets at Boursa Kuwait Noura Al-Abdulkarim said: "Boursa Kuwait is keen, through its promotional roadshows, to present the Kuwaiti capital market and its opportunities to international investment institutions and to clarify the impact of regulatory and operational developments on the investment experience in it. These meetings provide an important space to listen to investors, understand their priorities, and learn what they need to evaluate available opportunities and access them, which helps identify areas of development that merit study with our partners in the market ecosystem." She added: "This roadshow gains additional importance from the participation of the Capital Markets Authority, reflecting the integration of efforts among the parties concerned with developing the Kuwaiti capital market and enhancing its investment attractiveness. This participation allows for presenting a more comprehensive vision to international investment institutions about the regulatory and operational developments witnessed by the market, and highlighting the role of each party in supporting its development process. It also contributes to enhancing investors' understanding of the investment environment in Kuwait and providing a clearer picture of the elements that support the market's efficiency and competitiveness in the long term." New products and advanced infrastructure expand investor options During the meetings, the participating parties review the qualitative developments witnessed by the Kuwaiti capital market under the market development program, and their contribution to modernizing the regulatory and operational infrastructure and strengthening the clearing and settlement system. These developments support the market's ability to meet the needs of broader segments of investors by developing services and preparing the environment necessary to accommodate additional categories of investment instruments. The topics include the launch of the bonds and sukuk platform, which allows fixed-income instruments to be listed and traded within regulatory and operational frameworks that take into account their nature and related disclosure requirements. This represents an important step in expanding the market's scope and providing additional paths for financing and investment, supporting Boursa Kuwait's direction toward a multi-asset market that accommodates different needs of issuers and investors. The roadshow also addresses the launch of the regulatory framework for exchange-traded funds, and the opportunities it provides for listing funds that allow investors to track various indices and trade their units through the exchange. These frameworks expand the scope for developing products that respond to different investment strategies and support the participation of fund managers and service providers in developing the market's investment products ecosystem. The meetings highlight the ongoing work to modernize the trading system as part of continuing to develop technical infrastructure and raise its efficiency and readiness for the next phase. This direction aims to support expansion in products and services and keep pace with the changing requirements of investment institutions and market participants, thereby enhancing trading efficiency and supporting the market's long-term development. Al-Abdulkarim continued: "Developments related to fixed-income instruments, exchange-traded funds, and infrastructure modernization open broader areas for the market. Boursa Kuwait aims to introduce these potentials, build continuous relationships with the international investment community, and benefit from its feedback in studying upcoming development projects. Through this, it also looks to expand the investor base and enhance the market's attractiveness to institutional and international capital in the long term." Investor feedback contributes to improving market access Boursa Kuwait views dialogue with investment institutions as an important source for understanding the investor experience across its various stages, starting from obtaining information and studying opportunities through to market entry requirements, trading, and post-trade services. Identifying these requirements helps monitor aspects that need further clarification or development and determine what can be addressed in cooperation with the competent authorities and ecosystem participants. The promotional roadshows allow for discussing institutions' priorities regarding product diversity, levels of transparency, and infrastructure efficiency, and understanding the impact of these factors on investment allocation decisions. Through this communication, Boursa Kuwait can link market promotion with practical knowledge of investors' needs and benefit from their views when studying future initiatives and projects, in accordance with development priorities and approved regulatory frameworks. Continued communication after the meetings also contributes to making information available, clarifying developments, and following up on market-related inquiries. Boursa Kuwait is keen to build this relationship on the basis of regular dialogue, which helps institutions follow the market's development and evaluate its opportunities over time, and allows Boursa Kuwait to learn about the changing requirements of the international investment community. Extending dialogue to listed companies The promotional roadshows complement the institutional days organized by Boursa Kuwait. While the roadshows introduce investors to the market and its investment requirements, the institutional days allow listed companies to present their performance and growth plans and answer questions directly from analysts and portfolio managers. Thus, the investor learns about the market and the company in a single track, and companies learn what disclosures investors need to evaluate performance. The roadshow comes within Boursa Kuwait's strategy to develop infrastructure, enhance liquidity and transparency, and expand products and the participant base, in cooperation with the Capital Markets Authority, Kuwait Clearing Company, and ecosystem participants. Discover more Al-Rai newspaper Digital subscription Digital journalism