Price Prediction: Netflix Has 140% Upside Despite the Post-Earnings Dip

Netflix’s shares fell after a post-earnings drop, with one market model arguing the stock is still significantly undervalued and projects a major upside within 12 months. After Q2 results sent the shares down to $74.35, the 24/7 Wall St. price target for NFLX was set at $178.11, implying 139.56% upside, while the article’s model assigns a 90% confidence level and compares it with a $112.17 Wall Street consensus target. The piece cites Q2 revenue of $12.559 billion, slightly missing consensus, and EPS of $0.80, above estimates. Free cash flow fell to $1.53 billion, and full-year 2026 guidance was narrowed to $51–$51.4 billion with a 31.5% operating margin and about $12.5 billion in FCF. Growth drivers include regional expansion and ad scaling, including a $3 billion ad-revenue projection, but risks include higher capex, softer revenue growth, and refinancing needs.