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Oppenheimer Stays Bullish on Netflix (NFLX), Keeps Outperform Rating
Yahoo Financeยท 2025-10-11 13:35
Core Viewpoint - Netflix, Inc. (NASDAQ:NFLX) is recognized as one of the 10 most profitable stocks over the last five years, with Oppenheimer analysts maintaining an Outperform rating and a price target of $1,425, citing strong engagement data for Q3 2025 [1][2]. Engagement and Performance - Q3 engagement data shows a 20% year-over-year increase in hours viewed, indicating strong performance and potential for long-term improvement as Netflix expands into live events [1][2]. Strategic Opportunities - Netflix is reportedly in discussions to secure exclusive media rights for the New York Yankees' Opening Day game, which could enhance its value proposition [2]. - The potential announcement of NFL media rights renegotiations is also seen as a strategic opportunity for Netflix [2]. Competitive Landscape - Oppenheimer analysts express confidence that upcoming media mergers, such as the rumored Warner Bros. Discovery and PSKY deal, will not significantly impact Netflix, based on viewership data analysis [3]. - Netflix is expected to provide financial guidance for 2026 for the first time, which is viewed as a potential catalyst for growth [3].