Netflix price target raised to $800 from $775 at Wedbush

Wedbush raised the firm’s price target on Netflix (NFLX) to $800 from $775 and keeps an Outperform rating on the shares. Netflix reported solid Q3 results with encouraging Q4 and 2025 guidance, and Wedbush says it has established a “virtually insurmountable” lead in the streaming wars, and while competitors try to replicate Netflix’s business model, the company should keep the moat wide, the analyst tells investors in a research note. Additionally, the firm continues to see benefits from Netflix’s password crackdown in its survey results and sees its advertising tier driving revenue growth for several years.