Fintel reports that CFRA upgraded Netflix’s (NasdaqGS:NFLX) stock outlook from “Hold” to “Buy” on March 6, 2026. The average one-year price target for Netflix is set at $115.45 per share, representing a potential 16.58% increase from its last closing price of $99.03.
Additionally, Netflix’s projected annual revenue is estimated at $40.377 billion, a decrease of 10.64%. Institutional ownership has increased significantly, with total shares owned by institutions rising 739.20% to approximately 3.36 billion shares, despite a 21.07% decrease in the number of reporting funds to 3,975. The current put/call ratio stands at 0.78, indicating a bullish sentiment among investors.
