Update: Wedbush Lifts Price Target on Netflix to $118 From $115 Due to 'Consistent Survey Result', Keeps Outperform Rating

(Updated to include Wedbush's commentary)Wedbush raised Netflix's (NFLX) price target to $118 from $115 on its quarterly consumer survey results, citing "consistent QoQ topline growth in Q1:25".The price increments Netflix implemented last year could offer a "meaningful boost" to the approaching price increases across premium and ad tiers domestically, analysts led by Alicia Reese wrote in a Friday note.Netflix has an average rating of overweight and mean price target of $113.48, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $101.68, Change: $-0.41, Percent Change: -0.40%

-- (Updated to include Wedbush's commentary)

Wedbush raised Netflix's (NFLX) price target to $118 from $115 on its quarterly consumer survey results, citing "consistent QoQ topline growth in Q1:25".

The price increments Netflix implemented last year could offer a "meaningful boost" to the approaching price increases across premium and ad tiers domestically, analysts led by Alicia Reese wrote in a Friday note.

Netflix has an average rating of overweight and mean price target of $113.48, according to analysts polled by FactSet.

(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

Price: $101.68, Change: $-0.41, Percent Change: -0.40%