Netflix (NFLX) stock has risen 4.1% over the past week, 8.2% over the past month, and 10.6% over the past year. Wall Street’s analysts are strongly bullish, forecasting further gains with a 12‑month price target of $114.84 versus a last close of $103.01.
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Analyst John Blackledge of TD Cowen reiterated his Buy rating on NFLX on April 13, 2026, setting a $112 price target that implies meaningful upside from current levels. He expects strong first‑quarter member trends and a year‑over‑year improvement in operating margin, supported by Netflix’s powerful slate of original content.
Blackledge’s preview points to paid net additions of about 4.56 million subscribers in the first quarter, driven by hits like “Bridgerton” Season 4 and “The Night Agent” Season 3. He believes Netflix is well positioned to keep expanding globally through organic growth, with the platform still the most popular choice for living‑room TV viewing.
Investors are watching closely how recent U.S. price increases will affect subscriber and revenue trends as Netflix gives second‑quarter guidance. Attention is also on the advertising tier, with management aiming to roughly double ad revenue year over year in fiscal 2026 through better first‑party data, more ad formats, and improved campaign optimization.
Netflix has guided to a 31.5% operating margin for fiscal 2026, a figure that previously included $275 million in M&A‑related expenses tied to a Warner Bros. acquisition that the company has since walked away from. Never miss a stock rating. Find all the latest ratings on TipRanks’ Top Wall Street Analysts page.