Netflix’s (NFLX) solid Q2 earnings report, released yesterday, led eight Wall Street analysts to raise their price targets due to confidence in the streaming giant’s growth prospects. Despite a 5% dip in NFLX stock today, Wall Street expects strong momentum heading into the second half of 2025.
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In the Q2 snapshot, the company reported $11.08 billion in revenue, a 16% jump year-over-year, driven by strong subscriber growth, favorable foreign exchange conditions, and rising ad revenue. Also, its EPS of $7.19 beat analysts’ estimates of $7.07.
Further, Netflix raised its full-year revenue guidance to between $44.8 and $45.2 billion, up from the previous forecast of $43.5 billion to $44.5 billion, signaling strong business momentum.
Who Raised Netflix’s Price Targets and Why?
Among the bullish analysts, Mark Mahaney from Evercore ISI raised his target to $1,375 from $1,350, citing impressive fundamentals and margin expansion. He also noted stable revenue growth across all regions and Netflix’s diverse content appeal, with no single title dominating viewing hours.
Similarly, Goldman Sachs analyst Eric Sheridan lifted the target to $1,310 from $1,140. He expects potential upside from ad-tier scaling, strong IP execution, and margin outperformance in the second half of 2025.
Also, Michael Morris from Guggenheim increased his price target on NFLX stock to $1,400 from $1,150. The analyst remains confident in Netflix’s ability to drive revenue and margin growth through top-tier content and distribution. Moreover, Piper Sandler analyst Thomas Champion raised Netflix stock’s price target to $1,500 from $1,400. The analyst views Netflix as a defensive play with multiple growth drivers still in motion.
At the same time, Wolfe Research analyst Peter Supino raised the target to $1,390 from $1,340. The analyst said that NFLX is well-positioned to beat its peers in the long-form video streaming space, thanks to its expanding growth strategies, large scale, and strong cash flow.
Is NFLX Stock a Good Buy?
Turning to Wall Street, NFLX stock has a Moderate Buy consensus rating based on 27 Buys and 11 Holds assigned in the last three months. At $1,360.28, the average Netflix stock price target implies a 12.3% upside potential.
