Wall Street analysts on Monday debated whether Netflix stock is fully valued or has room to rise.
Loop Capital analyst Alan Gould reiterated his hold rating on Netflix stock with a price target of 1,000. Meanwhile, JPMorgan analyst Doug Anmuth kept his overweight, or buy, rating on Netflix with a price target of 1,150.
On the stock market today, Netflix stock rose 1.2% to close at 971.99.
In recent trading sessions, Netflix stock has wavered around its 50-day moving average line, a key support level, according to IBD MarketSurge charts.
"While Netflix is superbly positioned, we think it is appropriately valued assuming low-teens revenue growth, margin expansion to 38%, and 20% compounded EPS growth," Loop's Gould said in a client note Monday.
The subscription streaming video service "should be more economically resilient than most companies" given the uncertain climate, he said. However, some subscribers may shift to Netflix's lower-priced, advertising-supported service level.
Some Analysts Keep Buy Ratings On Netflix Stock
JPMorgan's Anmuth believes Netflix stock will climb higher from current levels. In a client note early Monday, he said he is bullish on Netflix's 2025 revenue growth and advertising progress.
"We believe Netflix should prove relatively defensive against macro headwinds given strong engagement (~2 hours/member household/day), affordability of the service with high entertainment value, and the low-priced ad tier ($7.99/month in the U.S.) which makes Netflix widely accessible," Anmuth said.
Anmuth said his bull thesis on Netflix stock is supported by healthy double-digit revenue growth and continued operating margin expansion. The internet television network also has a strong leadership position, he said.
Elsewhere on Wall Street Monday, Rosenblatt Securities analyst Barton Crockett kept his buy rating on Netflix stock with a price target of 1,494.
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