Bernstein cuts Netflix stock price target on 2027 uncertainty By Investing.com

Bernstein SocGen Group cut its price target on Netflix (NASDAQ: NFLX) to $80 from $95 while keeping an Outperform rating. The stock trades at $68.69, near its 52-week low of $65.08, and is down 45% over the past year. The firm said the debate is increasingly focused on 2027 as Netflix moves past third-quarter results, with limited visibility for the rest of 2026. Bernstein sees no clear positive catalyst before year-end and raised questions about 2027 guidance. It also cited full-year advertising revenue of $2.7 billion—about 80% growth year over year—falling short of Netflix’s prior goal to double.