Netflix stock: Seaport cuts target for Netflix stock from USD 102 to USD 90

Published on 10/20/2026 at 16:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Netflix has a USD 292.5 billion market value on October 20, 2026. Netflix stock costs EUR 62.60 on October 20, 2026 at 4:09 p.m. CEST.

Analyst target and revenue

Seaport cut its Netflix target from USD 102 to USD 90 on October 19, 2026.
Netflix's market capitalization stood at USD 292.5 billion on October 20, 2026.
Netflix stock cost EUR 62.60 at Lang & Schwarz on October 20, 2026 at 4:09 p.m. CEST.

Schwarz-Weiß-Reportagefoto eines Mannes auf einer Couch, der einen hell leuchtenden Flachbildschirm im dunklen Wohnzimmer betrachtet — Netflix US64110L1061 dokumentiert einen anonymen Zuschauer auf Couch vor leuchtendem Bildschirm im SW-Reportagestil, Illustration mit AI erstellt.

Netflix stock is trading at EUR 62.60 at Lang & Schwarz on October 20, 2026 at 4:09 p.m. CEST. The main investor reference is a fresh target cut by Seaport Research, which lowered its Netflix target from USD 102 to USD 90 on October 19, 2026, according to Yahoo Finance.

Target cut sharpens the debate

Seaport kept a Buy rating while reducing the target by USD 12.00, or 11.76 percent, from the previous USD 102.00 level. The report placed Netflix in a period where management must demonstrate that its long-term growth plans can translate into sustained engagement and earnings expansion.

The same report said the target reduction followed a sequence of lower analyst targets during October. Wedbush, for example, cut its target to USD 90.00 from USD 105.00 while retaining an Outperform rating, a view also summarized by Yahoo Finance.

Netflix remains below its yearly high

On Nasdaq, Netflix was trading at USD 70.25 on October 20, 2026 at 10:22 a.m. ET. Its 52-week range was USD 65.08 to USD 124.86, placing the latest US quote USD 54.61, or 43.73 percent, below the high and USD 5.17, or 7.95 percent, above the low.

The market capitalization was USD 292.5 billion on October 20, 2026. The reported price-to-earnings ratio was 22.10, while trading volume stood at 6,604,971 shares at the quoted time. These figures give the target cut a valuation context without turning the analyst view into a forecast.

What the valuation leaves open

Seaport's USD 90.00 target is USD 19.75, or 28.11 percent, above the Nasdaq quote of USD 70.25. The comparison is substantial, but the target remains conditional on stronger evidence that Netflix can sustain audience engagement while funding its content and live-programming plans.

Dates and investor reference points

Netflix's third-quarter results were scheduled for October 20, 2026, according to Investor's Business Daily. The date puts the analyst revisions alongside the company's next reported performance update.

Stock level and target distance

For investors, the key contrast is the gap between the EUR 62.60 German quote and the USD 70.25 Nasdaq quote, which belong to different currencies and venues. The Seaport target remains a separate USD valuation marker rather than a euro price forecast.

Netflix was trading at EUR 62.60 at Lang & Schwarz on October 20, 2026 at 4:09 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Netflix stock.