Netflix (NASDAQ: NFLX) currently trades at $88.60, well below its 52-week high of $134.12, with a proprietary model projecting a 12-month price target of $318.36.

That target implies upside of 259.32% from current levels, accompanied by a buy recommendation and a 90% confidence score reflecting strong analyst consensus and accelerating earnings power.

Shares have declined 25.42% over the past year and 5.5% year-to-date, bottoming at $77 in February before recovering to current levels.

The Q1 2026 earnings report on April 16, 2026 showed revenue of $12.24 billion, up 16.19% year-over-year and ahead of the $12.173 billion consensus estimate.

EPS of $1.23 missed the $1.345 estimate, though Netflix walked away from Warner…