Morgan Stanley cuts Netflix (NFLX) price target to $80 from $83, keeps Overweight
What happened
Morgan Stanley lowered its price target on Netflix to $80 from $83 in a research report issued Thursday, while maintaining an Overweight rating. The new target implies about 15% upside from the current price. This adds to a crowded and split analyst picture on Netflix, where targets range from Wells Fargo's $57 Underweight to a ~$95 consensus, with the stock down roughly 27% in 2026 on slowing revenue growth.
Why it matters & what’s next are part of Pro, along with the audio summary.
Start your free 14-day trialWho’s affected
- Netflix (NFLX) -- direct; streaming/media peers (DIS, WBD/SKYD, AMZN, AAPL) -- sentiment read-through; advertisers and content producers -- Netflix ad tier (~$3B 2026 ad revenue est.)
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