Netflix: Wedbush remains positive after quarterly results

(CercleFinance.com) - Wedbush has reiterated its 'outperform' rating on and $725 target price for Netflix shares, the day after the streaming video platform published better-than-expected quarterly results, coupled with an increase in forecasts.


The broker highlights advertising revenues, which it expects Netflix to accelerate its contribution to revenues next year, and which should become the main driver of its growth in 2026.

Netflix has found the right formula with global content creation, cost balancing and increased profitability, judges the broker, which sees it continuing to extend its profitability and generate growing free cash flow.


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