Deutsche Bank upgrades Netflix stock to Buy despite lower target
Published on 10/01/2026 at 15:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Netflix (ISIN US64110L1061) was trading at EUR 61.39 at Lang & Schwarz on October 1, 2026 at 3:35 p.m. CEST, down 0.21 percent versus the EUR 61.52 prior close. MarketBeat reported on September 29, 2026 that Deutsche Bank upgraded Netflix from Hold to Buy while cutting its price target from USD 100.00 to USD 95.00. The combination leaves the stock with a more favorable rating but a lower valuation benchmark.
Deutsche Bank changes the benchmark
The revised USD 95.00 target is 37.44 percent above the Nasdaq quote of USD 69.17 recorded on October 1, 2026 at 9:43 a.m. EDT. That comparison uses separate currencies from the two market venues, so it describes the analyst benchmark and the US listing independently rather than as a euro return calculation.
MarketBeat also cited a consensus Moderate Buy rating and an average target of USD 95.15. Its report listed a 52-week Nasdaq range of USD 65.08 to USD 124.86, placing the US quote 5.91 percent above the lower bound.
Second-quarter growth meets a test
For the second quarter of 2026, Netflix reported USD 12.56 billion in revenue, USD 4.19 billion in operating profit and USD 3.40 billion in consolidated net income. MarketBeat reported diluted earnings per share of USD 0.80 against a USD 0.79 consensus estimate, while revenue grew 13.40 percent year over year.
The figures explain why the rating change is more constructive than the target revision. Revenue growth remains double digit, yet the stock valuation debate now depends on whether operating progress can offset concerns over engagement and competition ahead of the next report.
Next results arrive in October
Netflix announced on September 14, 2026 that it will publish third-quarter 2026 results and its business outlook on October 20, 2026. The report will give investors a fresh test of revenue growth, operating profit and the company strategy behind advertising and content investment.
The Nasdaq quote was USD 69.17 on October 1, 2026 at 9:43 a.m. EDT while the US session was open. Netflix had a market capitalization of USD 288.0 billion and a 52-week range of USD 65.08 to USD 124.86 on the same date. The further course of trading is shown by the continuously updated real-time quote of Netflix stock.
Netflix stock facts
- Company: Netflix, Inc.
- ISIN: US64110L1061
- Ticker: NFLX
- Primary exchange: NASDAQ
- Price Lang & Schwarz as of October 1, 2026, 3:35 p.m. CEST: EUR 61.39
- Change versus prior close: minus 0.21 percent
- Prior close Lang & Schwarz September 30, 2026: EUR 61.52
- Market capitalization: USD 288.0 billion as of October 1, 2026
- 52-week range: USD 65.08-124.86 as of October 1, 2026
- Sector / Industry: Communication Services / Entertainment
- Index membership: Nasdaq-100
- Next earnings date: October 20, 2026
