Grok AI, the model associated with Elon Musk, is calling for Netflix stock to trade between $85 and $92 within the next 30 days — a 15-25% rally from the current price of $73.83. The prediction lands as Netflix shares sit near a technical floor and the company's ad-supported tier continues to add subscribers at a rapid clip.
The prediction
Grok's forecast implies a move that would take Netflix shares back above $80 for the first time since early June. The AI didn't provide a specific catalyst, but the timing aligns with the company's next earnings cycle and ongoing momentum in its ad business. Netflix paid memberships now exceed 325 million and keep growing.
Technical levels in play
The stock peaked near $133 in July 2025, then rode a descending channel lower. It found a floor around $77 in March, rallied to $108 in May, and has since slid back to $73.83. That puts it just above the first support level at $73, with $70 and $68 further down. Resistance sits at $77, $80, and $84. The RSI is around 36, which usually signals oversold conditions and fading selling pressure.
Netflix's fundamentals
The ad tier now reaches over 250 million monthly active users. Netflix is on track to double ad revenue to roughly $3 billion by 2026, according to company disclosures. Those numbers give bulls a story beyond just subscriber growth — the ad business is becoming a real second revenue line.
The bear case
Not everyone is sold on the rally. The bear case points to potential softening in subscriber additions or a wobble in margin guidance that could cap the upside. That's a risk heading into the next earnings report, which will be the real test of the AI's forecast.
