Netflix Stock Has Been on a Roll. Here’s Where It Could Go Next.

Quick Read

  • Netflix trades at $72.56 with a BUY rating and $81.87 price target, implying 13% upside despite a 23% year-to-date decline.

  • Disney trades at 14x forward earnings with half Netflix’s revenue growth, making Netflix’s 19x multiple look reasonable by comparison.

  • Netflix’s $4.7B record buyback quarter and $27B remaining capacity anchor the bull case alongside ad revenue tracking toward $3B in 2026.

  • Just released. Our analysts combed the entire stock market and named the ten best stocks to buy right now, and Netflix didn’t make the cut. Enter your email to see the names that beat NFLX. The report is free. Enter your email and see if any of your stocks made the cut.

Netflix (NASDAQ:NFLX) shares have climbed 4.1% over the past week to $72.56, with earnings expected on October 20. The 24/7 Wall St. price target for Netflix is $81.87 over the next 12 months, implying 12.8% upside.

kasinv / iStock Editorial via Getty Images

Our framework gives the stock a buy with high confidence.

24/7 Wall St. Price Target Summary

Revenue is still growing at a double-digit pace. Advertising is on track to roughly double to about $3B in 2026. And Netflix has $27.1B of buyback capacity left. At 19x forward earnings, investors pay a modest multiple for that combination.

NFLX price target
NFLX Price Target — 24/7 Wall St.

A One-Week Bounce Follows a Bruising Year

The recent strength comes off a deep hole. Netflix is down 9.66% over the past month and 22.61% year to date, while the S&P 500 has gained 12.96%. Shares sit 41.9% below the 52-week high of $124.86 and 11.5% above the low of $65.08.

In July, second-quarter EPS of $0.80 exceeded the $0.7883 estimate, while revenue of $12.56B rose 13.37% but came in slightly under expectations. Management guided third-quarter EPS to $0.82. Sentiment heading into the report is mixed.

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24/7 Wall St has helped investors make money for over two decades, and our top analysts just finished ranking the definitive Top 10 Stocks To Buy Now. Not the ten biggest companies. Not the ten everyone is arguing about. The ten best stocks to buy right now.

And NFLX didn’t make the cut!

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Enter Your Email and See the Ten →

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Huber Research downgraded the stock to underweight, citing a reported 5% headcount reduction and engagement concerns. KeyBanc kept its overweight rating but cut its target.

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