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StocksMedium•13 April 2026•

1 min read

Wedbush Raises Netflix Price Target as Ad-Supported Tier Gains Momentum

Key Facts

1Wedbush Securities raised its price target on Netflix to $118 from $115 while maintaining an ‘Outperform' rating.

2The ad-supported tier is gaining traction as low churn rates boost advertiser confidence.

Version History

2 additional sources confirmed this story

Wedbush Securities has raised its price target for Netflix (NFLX) to $118 from $115, maintaining an 'Outperform' rating on the streaming giant. The upward revision reflects growing confidence in the company's ad-supported subscription tier, which is successfully gaining traction among users. Analysts noted that low churn rates are significantly boosting advertiser confidence, paving the way for more robust revenue streams. Netflix is reportedly entering a period of stronger monetization, driven by recent price increases and a rapidly scaling advertising business. This strategic shift is expected to bolster the company's financial performance in the coming quarters. Overall, the steady subscriber trends and successful execution of the ad-supported model underpin a positive outlook for the stock.