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Netflix Stock Sees Gains as Analysts Revise Price Targets
Key Takeaways
On Monday morning, Netflix’s stock experienced an uptick as multiple analysts adjusted their price targets for the streaming service. This rally follows the company’s report of a strong first-quarter performance released after market hours on Thursday, a time when trading was halted due to Good Friday.
In premarket trading, shares of Netflix (NFLX) appreciated following improved price expectations set by various analysts, highlighting renewed investor confidence.
The announcement of earnings that exceeded projections on Thursday has drawn attention, especially as the stock market was closed the following day. Analysts have since remarked on Netflix’s impressive ability to navigate the challenges posed by an unpredictable financial landscape.
Notable adjustments came from Morgan Stanley and Wedbush, who raised their price targets for Netflix to $1,200 from $1,150. Additionally, Piper Sandler also increased their target by $50 to $1,150. Other firms, including KeyBanc, Goldman Sachs, and Deutsche Bank, revised their targets to $1,070, $1,000, and $900 respectively, up from previous figures of $1,000, $955, and $875.
Strategic Moves and Market Positioning
JPMorgan’s analysts made a significant upgrade, maintaining an “overweight” rating and elevating their price target to $1,150 from $1,025. They emphasized that Netflix is “continuing to play offense in its business strategy,” even as the overall market remains uncertain.
According to analysts, the company’s entry-level ad-supported subscription model enhances accessibility across diverse consumer segments. This tier is seen as a potentially resilient offering during economic slowdowns or recessions. Current analysis shows 15 “buy” ratings and four “hold” ratings, with an average price target of $1,125.44, suggesting a nearly 16% upside from Thursday’s closing price.
As of Monday morning, Netflix shares rose by 2% in premarket trading, marking a total gain of 9% in value since the start of 2025.
Source
www.investopedia.com