# Netflix Analyst Targets Range From $70 to $100 After Three Cuts

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/29810
Published: 2026-10-11T13:05:40.000Z
Updated: 2026-10-11T13:05:40.000Z
Section: Investing

> Four analyst targets span a $30 range, while a Binance NFLX-linked contract traded near the lower end at $70.26 on Oct. 11.

Netflix (NFLX) analyst targets ranged from $70 to $100 after three target cuts between Oct. 6 and Oct. 8, while a Binance NFLX-linked contract traded near the lower end of that range on Oct. 11.

TD Cowen’s John Blackledge reiterated a Buy rating and kept his target at $100 on Oct. 5. Eric Sheridan of Goldman Sachs cut his target to $90 from $94 on Oct. 6 while retaining a Buy rating.

Kannan Venkateshwar of Barclays lowered his target to $70 from $80 on Oct. 7 and kept an Equal Weight rating. Sean Diffley of Morgan Stanley cut his target to $80 from $83 on Oct. 8 while maintaining an Overweight rating.

The four stated targets span $70 to $100, a $30 range.

The Binance NFLX-linked contract was quoted at $70.26 at 6 a.m. ET (10:00 UTC) on Oct. 11. Its 24-hour range was $70.22 to $70.40, with volume of $301,375.

The contract is separate from Netflix shares traded on Nasdaq and has different trading, liquidity and funding mechanics. Its price therefore does not establish the trading level of Netflix’s stock.

The contract’s reported 14-period relative strength index was 44.91. Its MACD line and signal line were both -1.2537, leaving the histogram effectively at zero. The contract traded below its reported 50-period simple moving average of $75 and 26-period exponential moving average of $71.27.

Open interest stood at 87,951.75 contracts, representing about $6.17 million in notional value, down 0.22% over 24 hours. Binance global-account positioning for the one-hour period ending at 6 a.m. ET was 75.1% long and 24.9% short, producing a 3.0096 long-to-short ratio.

Netflix reported $12.56 billion in second-quarter 2026 revenue and $3.4 billion in net income. The company also forecast about $3 billion in advertising revenue for 2026.