Netflix (NFLX) Targeted at $287 with 90% Confidence Rating

AI Summary

Netflix (NFLX) is currently trading at $76.96, with a 12-month price target of $287.04, indicating a potential upside of 272.98%. The company's ad revenue is projected to double to $3 billion by 2026, with a yearly increase in advertiser count of 70%. Despite a year-to-date share decline of 17.92% and a 36.95% drop over the past 12 months, 37 analyst Buy ratings support a bullish outlook. Management has raised their 2026 free cash flow guidance to $12.5 billion, reaffirming an operating margin target of 31.5%.