Variety
·entertainment
·2 hours ago
Wall Street Remains Mostly Bullish on Netflix Stock Despite Softer Q2 Forecast
Netflix shares fell 10% in premarket trading after the company reported a slight revenue beat for Q1 2026 but provided weaker-than-expected guidance for Q2. Analysts remain mostly bullish, with Wedbush maintaining an 'outperform' rating and a price target of $118.00, citing resilience to price increases and anticipated ad growth throughout.
Summary by Glance · Variety
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