Wolfe Research raised its Netflix price target to $95.
The firm previously set a target of $84.
Analysts maintain an Outperform rating on the shares.
The firm dismissed soft second-quarter subscriber results as a scheduling issue rather than weak demand.
Viewing data suggests the content slate for the second half of the year is significantly stronger.
Third-quarter releases feature returning shows with larger established viewership than second-quarter titles.
Wolfe Research anticipates stronger performance for the second half of 2026.
The firm expects solid financial guidance for 2027.