Netflix stock price target lifted to $1,150 by Piper Sandler

On Monday, Piper Sandler increased the price target for Netflix (NASDAQ:NFLX) shares to $1,150 from the previous $1,100 while maintaining an Overweight rating on the stock. The adjustment follows Netflix’s recent first-quarter earnings report for 2025, which revealed revenues and operating income surpassing Piper Sandler’s forecasts by 1% and 13%, respectively. According to InvestingPro data, Netflix has achieved impressive revenue growth of 15% over the last twelve months, with 13 analysts recently revising their earnings estimates upward.

The streaming giant’s guidance for the second quarter was also robust, indicating minimal impact from broader economic factors. Piper Sandler’s analysts view Netflix as a defensive stock with several potential avenues for growth. The company’s reaffirmation of its full-year guidance is seen as a positive indicator for its performance in the second half of 2025. The company maintains a perfect Piotroski Score of 9, reflecting strong financial health, with current metrics showing a healthy gross profit margin of 47%.

Following the earnings report, Piper Sandler has revised its full-year 2025 revenue estimate for Netflix upward by 1%, with EBITDA projections increasing by 2%. The analysts believe that Netflix is exceptionally well-positioned within the consumer internet space, thanks to its compelling entertainment offerings and a robust subscription model.

The strong performance in the first quarter and conservative future guidance have reinforced Piper Sandler’s positive stance on Netflix. As a result, the firm has raised its revenue estimates and price target for the company, reiterating its Overweight rating. The new price target of $1,150 reflects Piper Sandler’s confidence in Netflix’s continued success.

In other recent news, Netflix’s first-quarter results have shown promising revenue growth, with a reported 12.5% increase to $10.5 billion, aligning with analysts’ expectations. Macquarie and Oppenheimer have both raised their price targets for Netflix to $1,200, maintaining an Outperform rating, citing strong advertising and subscription revenue performance. KeyBanc also adjusted its outlook, increasing the price target to $1,070, highlighting Netflix’s resilience to macroeconomic challenges and its robust margin outlook. Meanwhile, Benchmark maintained a Hold rating, estimating the stock’s fair value at around $1,070, and acknowledging Netflix’s strong execution in the streaming sector.

Netflix’s operating margins have improved significantly, with a 360 basis point increase reported by Macquarie. Despite these positive developments, Loop Capital has kept its price target at $1,000 with a Hold rating, noting the company’s revenue growth and six consecutive quarters of margin increases. Netflix’s recent strategic pricing decisions in the US and France have been well-received, with no significant customer turnover reported. The company’s share buyback program has reached $3.5 billion, reflecting confidence in its financial standing.

Analysts have noted Netflix’s potential for future growth, with KeyBanc projecting a 12-13% revenue growth and more than 20% annual growth in earnings per share. Oppenheimer expects Netflix to double its advertising revenues by 2025, aided by the launch of a first-party advertising platform. Despite differing opinions on the stock’s valuation, analysts agree on Netflix’s strong market position and ability to navigate economic uncertainties.

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