Netflix (NFLX) Gets a Bullish $110 Target: What’s Driving the Outlook?

On September 14, Evercore ISI raised its price target for Netflix, Inc. (NASDAQ:NFLX) from $100 to $110 while maintaining its Outperform rating. The research firm rolled its valuation framework forward to 2028 and applied a multiple of 25 times its 2028 EPS estimate.Netflix (NFLX) Gets a Bullish $110 Target, What’s Driving the Outlook? The new price target represents more than 40% upside from the share price of $76.41 as of September 16. However, the stock has declined about 16% year-to-date and remains well below its 52-week high of $124.86. Evercore ISI conducted its 58th quarterly US survey and 12th semi-annual Japan survey on Netflix, Inc.