Netflix Stock Forecast

Stock Price Forecast

The 32 analysts with 12-month price forecasts for Netflix stock have an average target of 623.56, with a low estimate of 370 and a high estimate of 800. The average target predicts an increase of 10.40% from the current stock price of 564.80.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$370	$623.56	$660	$800
Change	-34.49%	+10.40%	+16.86%	+41.64%

Analyst Ratings

The average analyst rating for Netflix stock from 34 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	13	13	10	10	10	11
Buy	10	8	10	10	10	10
Hold	12	12	13	13	13	12
Sell	0	0	0	0	0	0
Strong Sell	2	1	1	1	1	1
Total	37	34	34	34	34	34

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Mark Mahaney Evercore ISI Group	Evercore ISI Group	Buy Maintains $640 → $650	Buy	Maintains	$640 → $650	+15.08%	Apr 19, 2024
Jessica Reif Ehrlich B of A Securities	B of A Securities	Strong Buy Maintains $650 → $700	Strong Buy	Maintains	$650 → $700	+23.94%	Apr 19, 2024
Jason Helfstein Oppenheimer	Oppenheimer	Buy Maintains $725	Buy	Maintains	$725	+28.36%	Apr 19, 2024
Michael Pachter Wedbush	Wedbush	Buy Reiterates $725	Buy	Reiterates	$725	+28.36%	Apr 19, 2024
Steven Cahall Wells Fargo	Wells Fargo	Buy Maintains $650 → $726	Buy	Maintains	$650 → $726	+28.54%	Apr 19, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

39.38B

from 33.72B

16.79%

from 33.72B

Revenue Next Year

44.21B

from 39.38B

12.25%

from 39.38B

EPS This Year

17.52

from 12.03

45.64%

from 12.03

EPS Next Year

21.65

from 17.52

23.55%

from 17.52

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	20.16B	25.00B	29.70B	31.62B	33.72B	39.38B	44.21B	48.46B	51.05B	56.01B
Revenue Growth	27.62%	24.01%	18.81%	6.46%	6.67%	16.79%	12.25%	9.60%	5.36%	9.71%
EPS	4.13	6.08	11.24	9.95	12.03	17.52	21.65	25.83	27.06	33.44
EPS Growth	54.10%	47.22%	84.87%	-11.48%	20.90%	45.64%	23.55%	19.32%	4.75%	23.58%
No. Analysts	-	-	-	-	-	46	44	28	9	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	41.9B	48.5B	53.5B	54.0B	58.8B
Avg	39.4B	44.2B	48.5B	51.1B	56.0B
Low	37.1B	40.4B	44.0B	46.4B	51.6B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	24.3%	23.2%	21.1%	11.4%	15.2%
Avg	16.8%	12.3%	9.6%	5.4%	9.7%
Low	10.0%	2.7%	-0.5%	-4.3%	1.0%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	19.32	26.30	30.14	30.53	35.52
Avg	17.52	21.65	25.83	27.06	33.44
Low	15.11	17.38	18.98	21.37	31.10

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	60.6%	50.1%	39.2%	18.2%	31.3%
Avg	45.6%	23.5%	19.3%	4.8%	23.6%
Low	25.6%	-0.8%	-12.3%	-17.2%	14.9%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.