91/100BNetflix stock forecast 2026–2030What is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Analysts' average 12-month price target for Netflix is 86.21, 37.6% above the current price of 62.68. Their targets range from 57.00 to 141.00.
Of the 32 firms that rated Netflix in the past 12 months, 23 rate it buy or strong buy, 8 hold and 1 sell or strong sell (each firm at its latest rating): a Buy consensus.
Analysts' 1-year price targets range from 57.00 to 141.00, with an average of 86.21.
| Buy | 23 | |
| Hold | 8 | |
| Sell | 1 |
12-month price target
| Highest target | 141.00 |
| Average target | 86.21 |
| Lowest target | 57.00 |
| Current price | 62.68 |
Netflix price target historyWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Have analysts recently raised or lowered their Netflix price target and rating?
How analysts rate Netflix, month by monthWhat is the analyst rating? The analyst rating sums up what the analysts covering a stock recommend, from strong buy to strong sell, by the share of them rating it a buy.
23 of 32 firms rate it buy now, against 23 of 31 in December 2025.
Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.
Netflix analyst upgrades, downgrades and price targets
The latest rating change came on 22 October 2026, when Wolfe Research downgraded Netflix from Outperform to Peer Perform. The most recent new target came from Argus Research on 22 October 2026: 95.00.
| Date | Firm | Rating | Price target | Change | Price then |
|---|---|---|---|---|---|
| 22 Oct 2026 | Argus Research | Reiterated · Buy | 110.00 → 95.00 | -13.6% | 65.04 |
| 22 Oct 2026 | Wolfe Research | Downgraded · Outperform → Peer Perform | — | — | — |
| 21 Oct 2026 | Seaport Global David Joyce | — | 90.00 → 85.00 | -5.6% | 65.67 |
| 21 Oct 2026 | Deutsche Bank | — | 95.00 → 93.00 | -2.1% | 65.48 |
| 21 Oct 2026 | UBS | Reiterated · Buy | 81.00 → 80.00 | -1.2% | 68.69 |
| 21 Oct 2026 | Pivotal Research Jeffrey Wlodarczak | — | 96.00 → 65.00 | -32.3% | 68.69 |
| 21 Oct 2026 | Stephens Matt Olney | — | 141.00 | — | 68.69 |
| 21 Oct 2026 | UBS | — | 90.00 → 81.00 | -10.0% | 68.69 |
| 21 Oct 2026 | Piper Sandler | Reiterated · Overweight | 85.00 → 78.00 | -8.2% | 68.69 |
| 21 Oct 2026 | UBS | — | 115.00 → 90.00 | -21.7% | 68.69 |
| 21 Oct 2026 | Guggenheim Michael Morris | Reiterated · Buy | 80.00 → 78.00 | -2.5% | 68.69 |
| 21 Oct 2026 | Rosenblatt Securities Barton Crockett | Reiterated · Neutral | 75.00 → 71.00 | -5.3% | 68.69 |
| 21 Oct 2026 | Morgan Stanley | Reiterated · Overweight | 80.00 → 77.00 | -3.7% | 68.69 |
| 21 Oct 2026 | Canaccord Genuity Maria Ripps | — | 125.00 → 110.00 | -12.0% | 68.69 |
| 21 Oct 2026 | MoffettNathanson Robert Fishman | — | 90.00 | — | 68.69 |
| 21 Oct 2026 | Goldman Sachs Eric Sheridan | — | 90.00 → 84.00 | -6.7% | 68.69 |
| 21 Oct 2026 | Barclays Kannan Venkateshwar | Reiterated · Equal Weight | 70.00 → 65.00 | -7.1% | 68.69 |
| 21 Oct 2026 | Oppenheimer Jason Helfstein | Reiterated · Outperform | 85.00 → 80.00 | -5.9% | 68.69 |
| 21 Oct 2026 | Evercore ISI Mark Mahaney | Reiterated · Outperform | 110.00 → 90.00 | -18.2% | 68.69 |
| 21 Oct 2026 | Bernstein Laurent Yoon | Reiterated · Outperform | 95.00 → 80.00 | -15.8% | 68.69 |
| 21 Oct 2026 | Needham | Downgraded · Buy → Hold | — | — | — |
| 19 Oct 2026 | Seaport Global David Joyce | — | 119.00 → 90.00 | -24.4% | 69.62 |
| 16 Oct 2026 | Wedbush Alicia Reese | Reiterated · Outperform | 115.00 → 90.00 | -21.7% | 72.61 |
| 16 Oct 2026 | BMO Capital | Reiterated · Outperform | 135.00 → 125.00 | -7.4% | 72.61 |
| 15 Oct 2026 | Jefferies John Colantuoni | — | 134.00 → 85.00 | -36.6% | 70.57 |
| 13 Oct 2026 | KeyBanc | Reiterated · Overweight | 92.00 → 85.00 | -7.6% | 70.61 |
| 8 Oct 2026 | Morgan Stanley Sean Diffley | Reiterated · Overweight | 83.00 → 80.00 | -3.6% | 69.70 |
| 7 Oct 2026 | Barclays | Reiterated · Equal Weight | 85.00 → 70.00 | -17.6% | 68.69 |
| 6 Oct 2026 | Goldman Sachs Eric Sheridan | — | 94.00 → 90.00 | -4.3% | 67.50 |
| 1 Oct 2026 | Guggenheim Michael Morris | Reiterated · Buy | 75.00 → 80.00 | +6.7% | 68.18 |
| 29 Sept 2026 | Deutsche Bank | Upgraded · Hold → Buy | 110.00 → 95.00 | -13.6% | 69.23 |
| 22 Sept 2026 | HSBC | Downgraded · Buy → Hold | — | — | — |
| 18 Sept 2026 | Wells Fargo | Downgraded · Equal Weight → Underweight | 80.00 → 57.00 | -28.7% | 75.31 |
| 14 Sept 2026 | Evercore ISI Mark Mahaney | Reiterated · Outperform | 138.00 → 110.00 | -20.3% | 77.40 |
| 22 Jul 2026 | Robert W. Baird | — | 90.00 | — | 68.67 |
| 20 Jul 2026 | Deutsche Bank | — | 98.00 → 110.00 | +12.2% | 68.95 |
| 17 Jul 2026 | UBS | Reiterated · Buy | 85.00 → 115.00 | +35.3% | 74.35 |
| 17 Jul 2026 | Rosenblatt Securities Barton Crockett | Reiterated · Neutral | 152.00 → 75.00 | -50.7% | 74.35 |
| 17 Jul 2026 | UBS | — | 100.00 → 85.00 | -15.0% | 74.35 |
| 17 Jul 2026 | Piper Sandler Thomas Champion | Reiterated · Overweight | 115.00 → 85.00 | -26.1% | 74.35 |
| 17 Jul 2026 | KGI Securities | Downgraded · Outperform → Neutral | 135.00 → 75.00 | -44.4% | 74.35 |
| 17 Jul 2026 | Guggenheim | Reiterated · Buy | 120.00 → 75.00 | -37.5% | 74.35 |
| 17 Jul 2026 | Morgan Stanley Sean Diffley | Reiterated · Overweight | 90.00 → 83.00 | -7.8% | 74.35 |
| 17 Jul 2026 | Wells Fargo | Reiterated · Equal Weight | 105.00 → 80.00 | -23.8% | 74.35 |
| 17 Jul 2026 | Oppenheimer | Reiterated · Outperform | 120.00 → 85.00 | -29.2% | 74.35 |
| 17 Jul 2026 | Goldman Sachs | Reiterated · Buy | 100.00 → 94.00 | -6.0% | 74.35 |
| 17 Jul 2026 | Bernstein | Reiterated · Outperform | 100.00 → 95.00 | -5.0% | 74.35 |
| 14 Jul 2026 | Barclays | Reiterated · Equal Weight | 110.00 → 85.00 | -22.7% | 73.83 |
| 14 Jul 2026 | Morgan Stanley | Reiterated · Overweight | 115.00 → 90.00 | -21.7% | 73.83 |
| 13 Jul 2026 | UBS | — | 104.00 → 100.00 | -3.8% | 73.37 |
Netflix EPS and revenue estimatesWhat are estimate revisions? Estimate revisions are the changes analysts make to their EPS and revenue forecasts for the years ahead. They show whether expectations are rising or falling.
Analysts expect Netflix's EPS to grow 20.9% a year until 2028, slower than over the last 5 years (32.9% a year) and the last 3 years (36.3%).
Analysts expect Netflix's revenue to grow 11.2% a year until 2028, about as fast as over the last 5 years (12.6% a year) and the last 3 years (12.6%).
Revenue
EPS
Does Netflix beat earnings estimates?What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
On average, analysts' EPS estimate was 11.5% off the result, either way, and their revenue estimate 0.6%, over the last 12 quarters.
- EPS beats
- 47 / 97
- Revenue beats
- 59 / 97
- Average EPS surprise, last 12What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
- +8.2%
- Since
- August 2002
| Quarter | Report date | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise |
|---|---|---|---|---|---|---|---|
| Q3 FY2026 | 20 Oct 2026 | 0.82 | 0.87 | +6.1% | 12.87B | 12.87B | +0.0% |
| Q2 FY2026 | 16 Jul 2026 | 0.79 | 0.80 | +1.8% | 12.58B | 12.56B | -0.2% |
| Q1 FY2026 | 16 Apr 2026 | 0.76 | 1.23 | +61.2% | 12.18B | 12.25B | +0.6% |
| Q4 FY2025 | 20 Jan 2026 | 0.55 | 0.56 | +1.4% | 11.97B | 12.05B | +0.7% |
| Q3 FY2025 | 21 Oct 2025 | 0.70 | 0.59 | -15.2% | 11.51B | 11.51B | +0.0% |
| Q2 FY2025 | 17 Jul 2025 | 0.71 | 0.72 | +1.4% | 11.06B | 11.08B | +0.2% |
| Q1 FY2025 | 17 Apr 2025 | 0.57 | 0.66 | +15.8% | 10.51B | 10.54B | +0.3% |
| Q4 FY2024 | 21 Jan 2025 | 0.42 | 0.43 | +2.4% | 10.11B | 10.25B | +1.4% |
| Q3 FY2024 | 17 Oct 2024 | 0.51 | 0.54 | +5.9% | 9.77B | 9.82B | +0.6% |
| Q2 FY2024 | 18 Jul 2024 | 0.47 | 0.49 | +4.3% | 9.53B | 9.56B | +0.3% |
| Q1 FY2024 | 18 Apr 2024 | 0.45 | 0.53 | +17.8% | 9.28B | 9.40B | +1.3% |
| Q4 FY2023 | 23 Jan 2024 | 0.22 | 0.21 | -4.5% | 8.72B | 8.83B | +1.3% |
Netflix stock price 2026–2030: scenariosHow are the stock price scenarios calculated? Bear, base and bull prices for the years ahead: the analysts' EPS estimates times the lowest, average and highest P/E of the stock today and at its last five year ends, or of its peers.
If Netflix's earnings grow at the 20.9% a year analysts expect to FY2028, then 15.0% a year, it would earn about 5.91 a share in FY2030. At the P/E it has traded at over the last five years (17.8 to 51.9) that is 105.20 to 306.82 a share, or 215.42 at its average P/E of 36.5. This is arithmetic on the analysts' estimates, not a prediction.
| Fiscal year | EPS | Bear | Base | Bull |
|---|---|---|---|---|
| FY2026 | 3.58 | 63.81 | 130.66 | 186.09 |
| FY2027 | 3.76 | 66.92 | 137.04 | 195.18 |
| FY2028 | 4.47 | 79.54 | 162.89 | 232.00 |
| FY2029 (extrapolated) | 5.14 | 91.48 | 187.32 | 266.80 |
| FY2030 (extrapolated) | 5.91 | 105.20 | 215.42 | 306.82 |
Each year's EPS is the analysts' consensus to FY2028; the years after grow 15.0% a year (the analysts' growth, at most 15%). Bear, base and bull apply the lowest, average and highest P/E of today and the last five fiscal year ends, leaving out any above 60, the mark of a year of collapsed earnings (17.8, 36.5, 51.9).
Is Netflix stock undervalued or overvalued?How does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
Netflix's P/E of 17.8 is near the bottom of its 5-year range (14.7 to 61.7, median 40.5). Analysts expect slower growth than in recent years, so the low P/E may be deserved. Buyers pay less for each point of growth than usual: a PEG of 0.9 on expected growth against 1.2 on its median P/E and past five years' growth. Growing 20.9% a year, Netflix earns a P/E of 20.9 at a PEG of 1 (at most 25): × the next twelve months' EPS of 3.74, a fair value of 77.95; the price, 62.68, is 19.6% below it. Its forward P/E, on the consensus for FY2026, is 17.5.
Fair value on growth is a P/E equal to the EPS growth analysts expect a year (a PEG of 1, at most 25) times the earnings per share of the next twelve months; the ends of the bar are a PEG of 0.75 and 1.25 (a P/E of 15.7 and 26.1). The price against its P/E range
- Price to earnings ratio (TTM)What is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 17.81
- Five-year median P/EWhat is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 40.45
- Five-year P/E range
- 14.7 – 61.7
- Forward P/E (FY2026)What is the forward P/E ratio? Forward P/E divides a share's price by the earnings per share analysts expect in the coming year, rather than last year's actual earnings.
- 17.49
- PEG ratioWhat is the PEG ratio? The PEG ratio divides the P/E by the yearly earnings growth analysts expect, to show how much you pay for each point of growth.
- 0.85
- To the average targetWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
- +37.6%
Most undervalued US stocksHow does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
| Stock | Price | Fair value | Upside |
|---|---|---|---|
| 35.775 | 71.4258Price 35.78193 | +99.7% | |
| 28.900 | 56.2634Price 28.9096 | +94.7% | |
| 159.360 | 305.52159Price 159.36396 | +91.7% | |
| 155.640 | 297.58169Price 155.64471 | +91.2% | |
| 107.135 | 200.51107Price 107.14248 | +87.2% | |
| 127.130 | 237.24178Price 127.13297 | +86.6% | |
| 161.170 | 300.40225Price 161.17375 | +86.4% |
Furthest below the fair value on each stock's page, updated every day.