Netflix (NFLX) stock has fallen 0.8% over the past week, 17.6% over the past month, and 23.9% over the past year. Yet Wall Street’s analysts are strongly bullish, forecasting a move toward an average 12‑month price target of $116.06, well above the last closing price of $87.56.
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Analysts see this gap as an opportunity, with a consensus rating of StrongBuy suggesting confidence in a meaningful rebound. The implied upside from current levels signals that many experts view the recent weakness as driven more by sentiment than by a deterioration in the company’s long‑term story.
Kutgun Maral reiterated a Buy rating on 5/13/2026 with a $115 price target, pointing to roughly 30% upside and calling the risk‑reward “highly attractive.” Maral highlights Netflix’s “Five Mores” strategy—more users, ad surfaces, countries, NFL, and content—alongside a resilient outlook for 20%–25% EPS and free cash flow growth.
Maral notes that Netflix trades at about a 23x P/E multiple, near a three‑year trough, while still enjoying secular growth, market leadership, and a sticky subscription base. This N‑star analyst ranks 5,740 out of 12,188 on TipRanks, with a 46.58% success rate and a 1.3% average return per rating, giving investors helpful context on track record.
Doug Anmuth also reiterated a Buy on 5/13/2026, assigning an Overweight rating and a $118 target based on 30x 2027E GAAP EPS. He points to Netflix’s expanding ad‑supported tier, now with 250M+ monthly active viewers and plans for 15 new ad markets in 2027, as a key growth engine.
Anmuth is particularly optimistic about Netflix’s push into live events and sports, including hosting five NFL games in the 2026 season and broader rights across WWE, MLB, F1, FIFA, and more. He argues this strategy, combined with a improving ad tech suite and AI‑driven tools, positions Netflix as a prime beneficiary of the shift away from linear TV.
This analyst projects strong 2026–2028 compound growth across revenue, operating income, EPS, and free cash flow, supporting Netflix’s premium valuation versus mega‑cap tech peers. Anmuth ranks 719 out of 12,188 on TipRanks, with a 57.32% success rate and a 10.4% average return per rating, adding weight to his bullish stance.
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