TD Cowen Cuts Netflix (NASDAQ:NFLX) Price Target to $112.00

Netflix (NASDAQ:NFLX) had its target price decreased by research analysts at TD Cowen from $115.00 to $112.00 in a research report issued on Wednesday. The brokerage currently has a “buy” rating on the Internet television network’s stock. TD Cowen’s price objective would indicate a potential upside of 34.48% from the stock’s previous close.

Several other analysts also recently commented on NFLX. Morgan Stanley set a $110.00 price objective on shares of Netflix and gave the company an “overweight” rating in a report on Wednesday. Benchmark restated a “hold” rating on shares of Netflix in a research note on Tuesday, January 13th. The Goldman Sachs Group reiterated a “neutral” rating and set a $100.00 price target (down from $112.00) on shares of Netflix in a research report on Wednesday. Citigroup restated a “neutral” rating and issued a $129.50 price objective (up previously from $128.00) on shares of Netflix in a research report on Friday, October 3rd. Finally, Wolfe Research set a $95.00 target price on shares of Netflix and gave the company an “outperform” rating in a report on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, fifteen have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $121.23.

Netflix Trading Down 4.6%

NFLX stock traded down $3.98 during midday trading on Wednesday, reaching $83.28. 76,042,282 shares of the company traded hands, compared to its average volume of 50,319,621. Netflix has a 52-week low of $81.93 and a 52-week high of $134.12. The business has a 50 day moving average of $97.95 and a 200-day moving average of $112.22. The firm has a market capitalization of $352.89 billion, a price-to-earnings ratio of 34.88 and a beta of 1.71. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.33 and a current ratio of 1.33.

Netflix (NASDAQ:NFLX) last released its quarterly earnings data on Tuesday, January 20th. The Internet television network reported $0.56 earnings per share for the quarter, topping analysts’ consensus estimates of $0.55 by $0.01. Netflix had a net margin of 24.05% and a return on equity of 41.86%. The company had revenue of $12.05 billion during the quarter, compared to analyst estimates of $11.97 billion. During the same period in the prior year, the firm earned $4.27 earnings per share. The firm’s revenue for the quarter was up 17.6% compared to the same quarter last year. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. As a group, sell-side analysts expect that Netflix will post 24.58 earnings per share for the current fiscal year.

Insider Transactions at Netflix

In other Netflix news, insider David A. Hyman sold 23,439 shares of the firm’s stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $88.11, for a total transaction of $2,065,210.29. Following the transaction, the insider owned 316,100 shares of the company’s stock, valued at approximately $27,851,571. This trade represents a 6.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Gregory K. Peters sold 20,270 shares of the company’s stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $109.57, for a total value of $2,220,943.36. Following the completion of the sale, the chief executive officer directly owned 127,810 shares of the company’s stock, valued at approximately $14,003,886.08. This trade represents a 13.69% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 1,653,599 shares of company stock valued at $173,141,263 over the last quarter. 1.37% of the stock is owned by corporate insiders.

Institutional Trading of Netflix

A number of institutional investors have recently added to or reduced their stakes in NFLX. BG Investment Services Inc. bought a new stake in shares of Netflix in the 2nd quarter worth about $338,000. Sava Infond d.o.o. raised its position in Netflix by 25.1% in the 2nd quarter. Sava Infond d.o.o. now owns 1,495 shares of the Internet television network’s stock worth $2,002,000 after purchasing an additional 300 shares during the last quarter. Boomfish Wealth Group LLC acquired a new position in Netflix during the 2nd quarter worth $398,000. New York Life Investment Management LLC increased its stake in shares of Netflix by 1.2% in the 2nd quarter. New York Life Investment Management LLC now owns 57,951 shares of the Internet television network’s stock valued at $77,604,000 after buying an additional 664 shares during the period. Finally, AustralianSuper Pty Ltd boosted its holdings in Netflix by 71.1% in the second quarter. AustralianSuper Pty Ltd now owns 234,831 shares of the Internet television network’s stock valued at $314,469,000 after acquiring an additional 97,622 shares during the last quarter. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Trending Headlines about Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Q4 results beat estimates and subscriber milestone — Netflix reported slightly better‑than‑expected EPS and revenue and said paid memberships topped ~325 million, validating continued subscription growth and content leverage. Reuters: Netflix beats revenue estimates
• Positive Sentiment: Ad business gaining traction — Management flagged advertising revenue topping ~$1.5B in 2025, giving a material, higher‑margin monetization lever beyond subscriptions. Deadline: Ad revenue growth
• Neutral Sentiment: All‑cash Warner Bros amendment — Netflix shifted its WBD offer to an all‑cash structure (same headline price), which can speed shareholder approval and remove stock risk but concentrates the deal’s cash burden on Netflix. That tradeoff is a key uncertainty for valuation. CNBC: All‑cash deal
• Neutral Sentiment: Analysts remain mixed — Many firms reaffirm Buy/Overweight stances but trimmed price targets after the print; Wall Street is parsing longer‑term upside vs. near‑term execution and deal risk. TipRanks: analyst reactions
• Negative Sentiment: Disappointing near‑term guidance — Q1 EPS guidance came in below consensus, which is the primary reason the stock sold off despite the quarter’s beat. Proactive: guidance misses
• Negative Sentiment: Share‑buyback pause and added debt for WBD — Netflix paused repurchases to conserve cash for the acquisition and has arranged additional debt, removing a shareholder‑friendly use of capital and raising financing/margin concerns. TalkMarkets: buyback pause
• Negative Sentiment: Higher content spend and margin pressure — Netflix plans to raise program spending materially in 2026, which could compress near‑term margins even as it targets long‑term growth. Financial Post: content spend
• Negative Sentiment: Analyst price‑target cuts and insider selling amplify downside — Several brokers cut targets after the call and recent insider sales were disclosed, which combined with a risk‑off market amplified the share‑price decline. Finbold: targets cut

About Netflix

Netflix, Inc (NASDAQ: NFLX) is a global entertainment company that provides subscription-based streaming of films, television series, documentaries and other video content. Founded in 1997 by Reed Hastings and Marc Randolph and headquartered in Los Gatos, California, the company began as a DVD-by-mail rental service and introduced streaming video in 2007. Netflix later expanded into producing and distributing original programming, beginning notable original hits in the 2010s, and now operates a content production and distribution ecosystem alongside its licensing activity.

The company’s primary product is its on-demand streaming service, which can be accessed on a wide range of internet-connected devices and delivered through a suite of apps and web platforms.