Netflix, Inc. (NASDAQ:NFLX) is one of the top stocks that will make you rich in 10 years.

BofA cut the price target on Netflix, Inc. (NASDAQ:NFLX) to $125 from $149 on March 6, reiterating a Buy rating on the shares. The firm stated that after the company decided to walk away from the Warner Bros. Discovery bidding process, Netflix, Inc.’s (NASDAQ:NFLX) strategy has bounced back to “business as usual”, with the firm updating its calendar year 2026 forecasts. It now projects revenue of $51.3B, up 13% year-over-year, and in line with company guidance of 12-14% growth.

BofA also cut its multiple to take into account the recent multiple compression in the comp group. However, it stated that it believes Netflix, Inc. (NASDAQ:NFLX) will continue to outperform, supported by its “world-class brand”, position as an innovator, leading global subscriber scale, and increased visibility in growth drivers.

In a separate development, Netflix, Inc. (NASDAQ:NFLX) announced on March 5 the acquisition of InterPositive, a filmmaking technology company founded by Academy Award winner ​Ben Affleck, involved in the production of AI-powered tools for movie ‌production. The deal’s financial terms were not disclosed.

Netflix, Inc. (NASDAQ:NFLX) provides entertainment services through paid memberships in around 190 countries worldwide. It acquires, produces, and licenses content for streaming, including original programming.

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