Netflix price target raised to $1,010 from $850 at JPMorgan

JPMorgan raised the firm’s price target on Netflix (NFLX) to $1,010 from $850 and keeps an Overweight rating on the shares. The firm increased Q4 and 2025 net addition estimates, citing Netflix’s “strong” content, “healthy” organic growth, and ramping ad tier contribution. Sensor Tower data suggests significant improvement in global download and daily active user trends through Q4, supported by strong overall content, the analyst tells investors in a research note. JPMorgan believes Netflix’s 2025 revenue will be supported by healthy organic and secular growth, ramping advertising contribution, and price increases.