Netflix (NFLX) is scheduled to release its first-quarter 2026 financial results after the market closes on Thursday. Wall Street anticipates the streaming giant will report revenue of approximately $12.18 billion and earnings per share of around $0.78, representing year-over-year growth exceeding 15%. The company's own guidance projects revenue of $12.16 billion with an operating profit margin of about 32.1%.
Options traders are pricing in a potential stock price movement of roughly 7% in either direction following the earnings announcement. Call option volume has surged to approximately 907,000 contracts, indicating some investors are betting on a share price increase. Analysts maintain a generally optimistic stance on Netflix ahead of the report. Wedbush recently raised its price target on Netflix from $115 to $118, while Evercore ISI reaffirmed an "Outperform" rating with a $115 target. Overall, Wall Street's average rating for the stock is "Outperform."
Regarding Netflix stock predictions and price targets, the average one-year price target from 47 analysts is $115.15, with a high estimate of $151.40 and a low estimate of $79.32. This average target suggests an 8.34% upside from the current price of $106.28. According to GuruFocus estimates, the projected GF Value for Netflix in one year is $103.73, implying a potential downside of 2.40% from the current price.
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