Jefferies Maintains Bullish Stance on Netflix Ahead of Q3 Earnings
Jefferies reaffirmed its Buy rating for Netflix (NFLX) ahead of the streaming giant's Q3 2025 earnings release on October 21. Analyst James Heaney highlighted a $1,500 price target—23% upside from Monday's close at $1,219.03—citing strong content like 'KPop Demon Hunters' and Nielsen's viewership data showing robust engagement through August.
The firm projects FX-neutral revenue growth exceeding 17%, building on Q2's performance. Netflix's ability to consistently deliver hit originals appears central to Jefferies' thesis, with animation and international productions gaining particular traction.