Netflix shares have fallen below $78, trading at a four-year-low forward price-to-earnings multiple of 24, while 50 Wall Street analysts maintain a consensus price target of $114.15, implying roughly 47.5% upside. The stock has declined 36.69% over the past year and 13.38% in the last month, underperforming the S&P 500 by a wide margin, and prediction markets assign a 54% probability of hitting $75 in June. Despite the selloff, the bull case rests on advertising revenue expected to roughly double to $3 billion in 2026, free cash flow guidance raised to $12.5 billion, and management reaffirming a $50.7 billion to $51.7 billion revenue outlook. Insiders have been net sellers across 121 recent transactions, and first-quarter earnings per share of $1.23 missed estimates, though it included a $2.80 billion termination fee from a failed Warner Bros. deal. The company repurchased 13.5 million shares for $1.3 billion in the first quarter with $6.8 billion still authorized, and operating margins are targeted to reach 31.5% in 2026.
Netflix IncAnalysts see 47% upside with $114.15 price target, strong FCF guidance, and buyback authorization.
NVIDIA Corporation