How High Can Netflix Stock Climb? It's Just Getting Started

Group 1 - Netflix has gained a 3.5% lead this week, driven by price-target increases from UBS to $1,450 and Jefferies to$ 1,400, with shares reaching a record high of $1,262.81 and a year-to-date increase of 40% [1] - The stock's new high coincides with historically low implied volatility, which has previously been a bullish indicator for Netflix, as its current Schaeffer's Volatility Index (SVI) is at 25%, in the 4th percentile of its 12-month range [2] - Historical data indicates that one month after similar signals, Netflix stock averaged a 7.1% increase, with an 86% chance of finishing the month higher, suggesting potential for the stock to exceed$ 1,300 [3] Group 2 - Despite bullish sentiment, Netflix's consensus 12-month price target is $1,167.35, representing a 6.5% discount to its current price, indicating potential for further price-target adjustments from analysts [5] - Short-term options traders are currently heavily put-skewed, with a Schaeffer's put/call open interest ratio of 1.50, which is in the 100th percentile of its annual range, suggesting that unwinding these bearish bets could sustain momentum [6]