Netflix stock gets bullish analyst call ahead of next week’s earnings

Netflix (NASDAQ: NFLX ) stock just got a major thumbs up five days ahead of the upcoming earnings report, with Jefferies initiating coverage of the streaming platform with a “Buy” rating and a price target of $85. The new price implies an upside of more than 20% from the stock’s last closing price of $70.57, and the capital firm says it sees opportunities for sustained earnings growth thanks to higher subscription prices, advertising expansion, and improving operating margins. Analyst John Colantuoni projects that these growth drivers could deliver annual earnings-per-share growth of more than 14% over the next decade. Likewise, he expects per-member revenue to increase by roughly 6%, which is more than half of the projected annual revenue growth of 11% between 2026 and 2029.

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