Netflix share price target
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Netflix share price target
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By Georg Szalai. Global Business Editor. Netflix shares jumped on Wednesday after the streaming giant surprised Wall Street on Jan. The latter allowed the company to make a big splash in the live events content space that it has been targeting. So Wall Street analysts had a lot to digest and analyze overnight, with most experts coming away with bullish takes on the company led by co-CEOs Sarandos and Greg Peters, along with executive chairman Reed Hastings. Many analysts felt the need to play catch-up, increasing their stock price targets. Wells Fargo analyst Steven Cahall also lauded the latest Netflix updates. Price increases, bundles and eliminating the basic without ads tier are key drivers. His take on the ad business outlook is also bullish.
Netflix share price target
This chart shows the closing price for NFLX by one month, three months, or twelve months. This chart shows the closing price for NFLX for the last year in relation to the current analyst high, average, and low pricetarget. The following sell-side analysts have issued stock ratings on Netflix in the last twelve months: Bank of America Co. Baird, Rosenblatt Securities, Sanford C. View the latest analyst ratings for NFLX. View the latest price targets for NFLX. Netflix currently has 1 sell rating, 12 hold ratings and 22 buy ratings from Wall Street analysts.
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Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Netflix, and listening in to earnings conference calls.
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