New Street Research Boosts Netflix Price Target

Analysts see potential upside for streaming giant's stock

Apr. 18, 2026 at 1:27pm

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An extreme close-up of the intricate inner workings of a streaming media server, with a focus on the dense array of circuit boards, cables, and cooling systems that power the global Netflix platform.The powerful, behind-the-scenes hardware that enables Netflix to stream content to millions of subscribers worldwide.Los Gatos Today

Equity research firm New Street Research has increased its price target for Netflix (NASDAQ: NFLX) stock from $96 to $102, representing a potential upside of 4.82% from the stock's previous closing price. The report cites continued growth potential for the streaming platform despite increased competition in the industry.

Why it matters

Netflix remains one of the dominant players in the streaming video landscape, but faces rising competition from newer entrants like Disney+, HBO Max, and others. Positive analyst sentiment around the company's growth prospects could signal continued momentum for the stock despite the competitive environment.

The details

In its research note, New Street Research cited Netflix's ability to maintain subscriber growth and pricing power as key factors behind the increased price target. The analysts also noted that while competition has intensified, Netflix has continued to deliver strong content and maintain its position as a leader in the streaming space.

  • New Street Research issued the updated price target on April 18, 2026.

The players

New Street Research

An equity research firm that covers the technology and media sectors, including Netflix.

Netflix, Inc.

A global entertainment company that provides subscription-based streaming of films, television series, documentaries and other video content.

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What’s next

Investors will be closely watching Netflix's upcoming quarterly earnings report and subscriber growth figures to gauge the company's performance in the face of heightened competition.

The takeaway

Despite the increasingly crowded streaming landscape, Wall Street analysts remain bullish on Netflix's long-term prospects, with New Street Research's latest price target increase signaling confidence in the company's ability to maintain its industry-leading position.