From Financial Modeling Prep: 2025-03-31 10:38:00

Evercore ISI reaffirmed its positive rating and $1,100 price target on Netflix (NASDAQ:NFLX), citing global growth potential, strong performance, and increasing profitability as reasons for optimism. Recent surveys in the U.S. and Japan support Netflix’s leading position in the $650+ billion entertainment market, with room for growth despite single-digit market share. The company’s experienced management, innovative approach, and improving financials contribute to its appeal. Operating margins and free cash flow improvements offer strategic flexibility, including share buybacks and potential dividends. In a market downturn, Netflix’s $7.99 ad-supported plan stands out as a value option for budget-conscious consumers. Despite trading close to the price target and high valuation, a pullback to $750 would present an attractive opportunity for investors.



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