Banking giant revises Netflix stock price target
The post Banking giant revises Netflix stock price target appeared on BitcoinEthereumNews.com. ⚈ JPMorgan raised its Netflix stock price target from $1,025 to $1,150. ⚈ Netflix leads the streaming industry and outperformed the market with 24.78% YTD gains. ⚈ Projected 2026 EPS of $30.46 supports Netflix’s premium valuation and bullish outlook. Multinational finance titan JPMorgan has issued a revised outlook on Netflix stock (NASDAQ: NFLX). On May 13, the banking giant’s head of U.S. internet equity research, Doug Anmuth, reiterated an ‘Overweight’ rating, and hiked his 12-month price forecast for NFLX shares from $1,025 to $1,150. In a note shared with investors, the stock analyst noted Netflix’s recent outperformance relative to the wider market, citing the streaming giant’s leadership in the industry and defensive subscription nature as key advantages. As of press time, NFLX stock was trading at $1,112, with year-to-date (YTD) gains standing at 24.78%. In the same timeframe, the S&P 500 has marked a 0.42% loss. Accordingly, Anmuth’s new price target implies a 3.41% upside from current prices. NFLX stock price year-to-date (YTD) chart. Source: Finbold With that being said, Anmuth did caution that some of Netflix’s recent stock price gains could be at risk as investors shift toward tariff-impacted names trading at a discount, which are now set to recover with the cooling of trade tensions. JPMorgan predicts Netflix share price will keep rising Despite the aforementioned caveat and the limited upside projected by the revised coverage, JPMorgan remains quite bullish on NFLX shares. Per the banking giant, while the Trump administration’s proposed movie tariffs represent a risk going forward, implementation remains unclear, so the potential financial impact is hard to gauge. Netflix stock did drop by 6.17% after the initial tariff announcement — but has since regained the losses. In addition, the stock’s short volume has collapsed since mid-April, in spite of the bearish development.. For 2025 and…
The post Banking giant revises Netflix stock price target appeared on BitcoinEthereumNews.com.
⚈ JPMorgan raised its Netflix stock price target from $1,025 to $1,150. ⚈ Netflix leads the streaming industry and outperformed the market with 24.78% YTD gains. ⚈ Projected 2026 EPS of $30.46 supports Netflix’s premium valuation and bullish outlook. Multinational finance titan JPMorgan has issued a revised outlook on Netflix stock (NASDAQ: NFLX). On May 13, the banking giant’s head of U.S. internet equity research, Doug Anmuth, reiterated an ‘Overweight’ rating, and hiked his 12-month price forecast for NFLX shares from $1,025 to $1,150. In a note shared with investors, the stock analyst noted Netflix’s recent outperformance relative to the wider market, citing the streaming giant’s leadership in the industry and defensive subscription nature as key advantages. As of press time, NFLX stock was trading at $1,112, with year-to-date (YTD) gains standing at 24.78%. In the same timeframe, the S&P 500 has marked a 0.42% loss. Accordingly, Anmuth’s new price target implies a 3.41% upside from current prices. NFLX stock price year-to-date (YTD) chart. Source: Finbold With that being said, Anmuth did caution that some of Netflix’s recent stock price gains could be at risk as investors shift toward tariff-impacted names trading at a discount, which are now set to recover with the cooling of trade tensions. JPMorgan predicts Netflix share price will keep rising Despite the aforementioned caveat and the limited upside projected by the revised coverage, JPMorgan remains quite bullish on NFLX shares. Per the banking giant, while the Trump administration’s proposed movie tariffs represent a risk going forward, implementation remains unclear, so the potential financial impact is hard to gauge. Netflix stock did drop by 6.17% after the initial tariff announcement — but has since regained the losses. In addition, the stock’s short volume has collapsed since mid-April, in spite of the bearish development.. For 2025 and…
What's Your Reaction?
