Netflix stock could rise to $500 by 2029, driven by long-term bullish trends and strong growth in ads and subscriptions.

A trading analyst predicts Netflix stock may climb to $500 by early October 2029, based on its long-term bullish trend since its 2002 IPO and current technical patterns. Despite recent market corrections, Netflix's stock has historically rebounded after consolidation phases, supported by key moving averages and Fibonacci retracement levels. The company reported strong Q1 2026 revenue growth of 16% year-over-year and earnings above expectations, driven by higher subscription prices, steady membership gains, and expanding advertising revenue. Netflix also announced a $25 billion share buyback program and is expanding into live sports to boost subscriber and ad growth, reinforcing investor confidence despite near-term volatility.