Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Anusuya Lahiri

What Is Going On With Netflix Stock On Wednesday?

‘KPop Demon Hunters' Scores Box Office Milestone

Netflix (NASDAQ:NFLX) stock trended on Wednesday as its diverse content slate continues to lure subscribers, adding to investor optimism.

Analysts set a consensus price forecast of $1,320.17 for Netflix across 31 ratings. The three most recent updates came from Loop Capital, Needham, and Baird on September 17, September 10, and July 21, 2025. Their forecasts average $1,450, suggesting a potential 19.13% upside from those latest calls.

Also Read: The Brains Behind Netflix’s Password Crackdown Departs

Loop Capital analyst Alan Gould upgraded Netflix from Hold to Buy and raised the price forecast from $1150 to $1350.

Gould cited Netflix’s user engagement during the third quarter, which was behind the rerating and a robust content slate scheduled for the fourth quarter.

The analyst said the streaming giant has ‘won the streaming wars.’

Netflix stock gained 35% year-to-date, topping the Nasdaq 100 Index’s 16% returns. The company remains engaged in initiatives to drive value.

Last week, Netflix expanded its partnership with AMC Networks (NASDAQ:AMCX) by adding new and returning AMC titles to its platform, including “Interview with the Vampire” season two and “Dark Winds” season three. The deal also extended beyond the U.S. for the first time, broadening Netflix’s global licensed library and reinforcing its content depth.

Netflix’s push into licensed programming, alongside its ad-supported tier and live sports rights, strengthens its ability to drive revenue growth, as per analysts. Wedbush’s Alicia Reese highlighted that these initiatives solidify Netflix’s moat in the global streaming market.

NFLX Price Action: Netflix shares were up 1.03% at $1212.91 at the time of publication on Wednesday. The stock is trading within its 52-week range of $677.88 to $1341.15, according to Benzinga Pro data.

Read Next:

Photo: Shutterstock

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.