JPMorgan has revised its price target for Netflix (NFLX, Financial) upward, setting a new target of $1,150, increased from the previous $1,025. Analyst Doug Anmuth maintains an Overweight rating on the streaming giant's shares, attributing this stance to the company's robust first-quarter earnings and positive business outlook.
According to Anmuth, Netflix is strategically advancing in its operations, positioning itself strongly despite the current challenging market conditions. He emphasizes that the company remains unaffected by direct tariff impacts, enhancing its defensive appeal to investors. This strategic resilience and lack of tariff exposure have bolstered JPMorgan's confidence in Netflix's market position.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 44 analysts, the average target price for Netflix Inc (NFLX, Financial) is $1,094.99 with a high estimate of $1,494.00 and a low estimate of $644.50. The average target implies an upside of 12.53% from the current price of $973.03. More detailed estimate data can be found on the Netflix Inc (NFLX) Forecast page.
Based on the consensus recommendation from 50 brokerage firms, Netflix Inc's (NFLX, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Netflix Inc (NFLX, Financial) in one year is $655.44, suggesting a downside of 32.64% from the current price of $973.03. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Netflix Inc (NFLX) Summary page.
