Citigroup maintained its Buy rating for Netflix Inc.
The firm reduced its price target from $115.00 to $100.00. This adjustment represents a price target cut of over 13%.
Analysts cited a cautious near-term outlook despite maintaining a positive long-term view. Netflix will release its second-quarter financial results on July 16.
The stock declined significantly during the first half of 2026. Investors remain concerned about slowing growth and recent acquisition strategies.