TLDR
- Netflix stock holds an average brokerage recommendation of 1.78 (between Strong Buy and Buy) from 47 Wall Street firms
- 28 analysts rate Netflix as Strong Buy while 3 rate it as Buy, representing 66% positive recommendations
- Netflix launches “Moments” feature allowing users to create and share custom video clips from shows on mobile devices
- The feature targets viral content like Wednesday’s dance scene, which helped make the show Netflix’s most popular with 252 million views
- Wall Street consensus shows Moderate Buy rating with average price target of $1,395.19, suggesting 15% upside potential
Netflix continues to innovate its platform while maintaining strong analyst support. The streaming company has introduced a new mobile feature called “Moments” that lets users create custom video clips.
The feature allows subscribers to select start and end points for clips from Netflix shows and movies. Users can then save these clips to their “My Netflix” tab or share them with others.
Netflix timed the launch alongside new episodes of “Wednesday,” the Addams Family spinoff series. The show has become Netflix’s most popular program with over 252 million views.
The dancing scene from Wednesday recently went viral across social media. Netflix clearly wants to capture more of these viral moments through its new sharing feature.
Competing with Short-Form Video
The Moments feature represents Netflix’s push into short-form video territory. The company is directly competing with TikTok and YouTube for user attention.
Netflix recently redesigned its homepage with a vertical video feed on mobile. The layout mirrors TikTok’s interface and user experience.
The streaming giant has made several strategic changes in recent years. These include launching an ad-supported subscription tier and cracking down on password sharing.
Strong Analyst Support
Wall Street analysts remain bullish on Netflix stock. The company currently holds an average brokerage recommendation of 1.78 on a 1-5 scale.
This rating sits between Strong Buy and Buy based on 47 analyst recommendations. Twenty-eight analysts rate the stock as Strong Buy while three give it a Buy rating.
Strong Buy and Buy recommendations account for 66% of all analyst coverage. The consensus shows widespread confidence in Netflix’s direction.
However, the Zacks Rank system gives Netflix a Hold rating. This rating system focuses on earnings estimate revisions rather than analyst recommendations.
The current year consensus estimate for Netflix earnings remains unchanged at $26.06 per share. Analysts have maintained steady views on the company’s prospects over the past month.
Price Target Analysis
Wall Street’s consensus price target for Netflix stands at $1,395.19 per share. This target suggests approximately 15% upside potential from current trading levels.
The price target reflects analyst confidence in Netflix’s growth strategy. Thirty-seven analysts contribute to the consensus rating of Moderate Buy.
The breakdown includes 25 Buy recommendations, 11 Hold ratings, and just one Sell recommendation. This distribution shows strong overall support for the stock.
Netflix stock currently trades with minimal daily movement. The shares showed a slight decline of 0.09% in recent trading.
The new Moments feature represents Netflix’s latest attempt to boost user engagement. The company continues adapting to changing viewer habits and social media trends.
Netflix launched the clip-sharing feature exclusively on mobile devices. The mobile-first approach aligns with how younger audiences consume and share content.
