Netflix is testing a new AI-enhanced search feature with OpenAI technology, allowing users to search for content based on detailed criteria like emotional state. The feature is currently being trialed in Australia and New Zealand with plans for a broader rollout.
Analysts have varying price targets for Netflix, with an average of $1,079.34, but projections ranging from $644.50 to $1,494.00. This represents an upside potential of 17.54% from the current stock price of $918.29. Despite positive analyst forecasts, GuruFocus estimates a downside with a GF Value of $630.40 for the next year, indicating a potential decrease of 31.35%.
Despite the mixed forecasts, Netflix has an average brokerage recommendation of 2.0, indicating an “Outperform” rating from 49 firms. The brokerage community seems to have a generally favorable outlook on the stock.
Investors seeking more information can visit the Netflix Inc (NFLX) Forecast and Summary pages for detailed insights. The GF Value is derived from historical trading multiples and business performance projections, offering a different perspective on the stock’s fair trading price.
Source
Note: The image is for illustrative purposes only and is not the original image of the presented article.