Netflix gets a price target lift on ad momentum ahead of Q1 earnings

TL;DR Summary
Wedbush raised its Netflix price target to $118 from $115 and kept a Buy rating, citing strong global ad growth and the profit boost from recent price hikes ahead of Netflix’s Q1 2026 results, where EPS is expected around $0.79 and revenue about $12.18 billion; investors will be watching ad momentum, subscriber growth, and engagement signals amid European price resistance and ongoing challenges.
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