- Netflix aims to double its revenue and reach a market cap of $1 trillion by 2030.
- Analyst price targets suggest potential upside for Netflix stock.
- GF Value indicates potential overvaluation of Netflix at current levels.
Netflix (NFLX, Financial) is charting an ambitious course to elevate its market capitalization to an impressive $1 trillion by the year 2030. This journey involves doubling its current revenue, expanding its subscriber base from 301.6 million in 2024 to 410 million, and tripling its operating income to $30 billion. A crucial part of this plan is the anticipated $9 billion in global ad sales, with strategic growth initiatives in promising high-broadband markets such as Brazil and India.
Wall Street Analysts' Outlook
Wall Street is buzzing with projections from 43 analysts for Netflix Inc (NFLX, Financial), with the average one-year price target set at $1,079.34. This analysis features a high estimate of $1,494.00 and a low of $644.50, suggesting an anticipated upside of 15.90% from the current price of $931.28. For a more detailed look at these projections, visit the Netflix Inc (NFLX) Forecast page.
In terms of recommendations, insights from 49 brokerage firms consolidate into an average brokerage recommendation of 2.0 for Netflix Inc (NFLX, Financial). This rating categorizes the stock as "Outperform," using a scale that ranges from 1 (Strong Buy) to 5 (Sell).
Assessing Netflix's Valuation
Turning to GuruFocus estimates, the projected GF Value for Netflix Inc (NFLX, Financial) in one year is pegged at $630.23. This valuation suggests a potential downside of 32.33% from its current price of $931.28. The GF Value is a metric calculated by analyzing historical multiples, past business growth, and future business performance estimates to determine a stock's fair trading value. For further details on Netflix's valuation, explore the Netflix Inc (NFLX) Summary page.
