Goldman Sachs upgrades Netflix stock rating on content strength
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try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Iran, U.S. receive proposal to end conflict, reopen Strait - reports Iran sets new condition for Hormuz reopening, warns on Red Sea route Oil pares gains on reports of Iran ceasefire talks; Trump’s deadline in focus Trump sets 8:00 p.m. ET Tuesday deadline for Iran to reopen Strait of Hormuz (South Africa Philippines Nigeria) Goldman Sachs upgrades Netflix stock rating on content strength By Analyst Ratings Published 04/06/2026, 04:32 AM Goldman Sachs upgrades Netflix stock rating on content strength 0 NFLX 3.25% Investing.com - Goldman Sachs upgraded Netflix (NASDAQ:NFLX) to Buy from Neutral on Monday and raised its price target to $120 from $100. Analyst Eric Sheridan cited improved risk/reward dynamics ahead of the company’s first-quarter 2026 earnings report, scheduled for April 16. The new price target represents approximately 26% upside from current levels, compared to an average of 30% across Goldman Sachs’ coverage universe. Netflix currently trades at a P/E ratio of 38.64, though InvestingPro data suggests the stock is overvalued relative to its Fair Value—placing it among companies on the Most Overvalued list. Goldman Sachs expects Netflix to allocate capital toward content acquisition and development, with increased focus on live entertainment, creator economy content and gaming. The firm also noted the potential for multi-year capital returns to shareholders, including the approximately $2.8 billion merger termination fee received from PSKY. The investment bank anticipates Netflix’s upcoming earnings report will show strong execution across original and returning content, scaling of newer content initiatives including live programming and gaming, and progress on its revised customer interface. The streaming giant’s financial performance supports this optimism, with revenue growth of nearly 16% and a robust gross profit margin of 48.5%. An InvestingPro tip highlights Netflix as a prominent player i...
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