Guggenheim raises target for Netflix stock from USD 75.00 to USD 80.00

Published on 10/02/2026 at 13:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue hit USD 12.56 billion in the second quarter of 2026. Netflix stock costs EUR 60.47 on October 2, 2026 versus EUR 60.40.

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Netflix (ISIN US64110L1061) saw Guggenheim raise its 12-month price target from USD 75.00 to USD 80.00 on October 1, 2026, as Investing.com reported. At Lang & Schwarz, Netflix was trading at EUR 60.47 on October 2, 2026 at 1:15 p.m. CEST, plus 0.12 percent versus the EUR 60.40 prior close.

Guggenheim keeps earnings in view

Guggenheim maintained its Buy rating ahead of Netflix's third-quarter 2026 results, while leaving its estimates at USD 12.90 billion in revenue and USD 0.82 in earnings per share, according to Investing.com. The unchanged estimates make the target increase a valuation call rather than a fresh earnings upgrade.

The second-quarter results provide the operating counterweight. Netflix reported USD 12.56 billion in revenue in the second quarter of 2026, up 13.00 percent year over year, while adjusted earnings per share reached USD 0.80 and net income rose 9.00 percent to USD 3.40 billion, according to Yahoo Finance.

Guidance sets the next test

Netflix guided to USD 12.86 billion in third-quarter 2026 revenue, a 12.00 percent year-over-year increase, and trimmed its full-year 2026 revenue outlook to USD 51.00 billion to USD 51.40 billion while keeping its 31.50 percent operating margin plan unchanged, Yahoo Finance reported. The combination leaves revenue delivery and engagement as the key checks for the higher valuation.

Analyst views remain divided

Deutsche Bank upgraded Netflix to Buy from Hold and set a USD 95.00 target, down from USD 100.00, on September 29, 2026, according to Yahoo Finance. The lower target and the Guggenheim increase point to a market weighing international growth against softer engagement and content risks.

October earnings set the next marker

Netflix is scheduled to release its third-quarter 2026 results on October 20, 2026, according to Investing.com. On October 1, 2026, Netflix had a USD 282.5 billion market capitalization and a USD 65.08 to USD 124.86 52-week range on Nasdaq.

The further course of trading is shown by the continuously updated real-time quote of Netflix stock.