Netflix (NASDAQ:NFLX – Get Free Report) had its target price dropped by equities research analysts at Rosenblatt Securities from $96.00 to $95.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage currently has a “neutral” rating on the Internet television network’s stock. Rosenblatt Securities’ target price points to a potential downside of 11.87% from the company’s current price.
NFLX has been the subject of several other reports. Susquehanna upgraded shares of Netflix to a “positive” rating and set a $112.00 price objective for the company in a report on Wednesday, January 21st. Erste Group Bank upgraded shares of Netflix from a “hold” rating to a “buy” rating in a report on Tuesday, March 24th. Rothschild & Co Redburn set a $120.00 price objective on shares of Netflix in a report on Wednesday, January 21st. TD Cowen decreased their price objective on shares of Netflix from $115.00 to $112.00 and set a “buy” rating for the company in a report on Wednesday, January 21st. Finally, The Goldman Sachs Group raised shares of Netflix from a “neutral” rating to a “buy” rating in a research note on Monday. Two research analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating and thirteen have issued a Hold rating to the stock. According to MarketBeat, Netflix presently has a consensus rating of “Moderate Buy” and a consensus price target of $115.67.
View Our Latest Research Report on Netflix
Netflix Price Performance
Netflix (NASDAQ:NFLX – Get Free Report) last posted its earnings results on Thursday, April 16th. The Internet television network reported $1.23 EPS for the quarter, topping the consensus estimate of $0.76 by $0.47. Netflix had a net margin of 24.30% and a return on equity of 43.26%. The firm had revenue of $12.25 billion during the quarter, compared to analysts’ expectations of $12.17 billion. During the same quarter in the prior year, the firm earned $6.61 EPS. Netflix’s quarterly revenue was up 16.2% on a year-over-year basis. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. Analysts forecast that Netflix will post 24.58 EPS for the current year.
Insider Buying and Selling
In other Netflix news, CFO Spencer Adam Neumann sold 28,630 shares of the stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $98.00, for a total value of $2,805,740.00. Following the completion of the sale, the chief financial officer owned 73,787 shares in the company, valued at $7,231,126. This represents a 27.95% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Reed Hastings sold 420,550 shares of the stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $95.49, for a total transaction of $40,158,319.50. Following the completion of the sale, the director owned 3,940 shares of the company’s stock, valued at approximately $376,230.60. The trade was a 99.07% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 1,487,794 shares of company stock worth $136,255,772. Insiders own 1.37% of the company’s stock.
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the business. First Financial Corp IN increased its stake in shares of Netflix by 900.0% during the 4th quarter. First Financial Corp IN now owns 270 shares of the Internet television network’s stock worth $25,000 after purchasing an additional 243 shares during the last quarter. DiNuzzo Private Wealth Inc. increased its stake in shares of Netflix by 885.2% during the 4th quarter. DiNuzzo Private Wealth Inc. now owns 266 shares of the Internet television network’s stock worth $25,000 after purchasing an additional 239 shares during the last quarter. Turning Point Benefit Group Inc. increased its stake in shares of Netflix by 13,400.0% during the 4th quarter. Turning Point Benefit Group Inc. now owns 270 shares of the Internet television network’s stock worth $25,000 after purchasing an additional 268 shares during the last quarter. Imprint Wealth LLC acquired a new position in shares of Netflix during the 3rd quarter worth $25,000. Finally, Cornerstone Financial Management LLC acquired a new position in shares of Netflix during the 4th quarter worth $26,000. Institutional investors and hedge funds own 80.93% of the company’s stock.
Key Netflix News
Here are the key news stories impacting Netflix this week:
- Positive Sentiment: Q1 results beat consensus — Netflix reported $12.25B in revenue and $1.23 GAAP EPS, beating street revenue and EPS expectations and showing margin expansion and strong cash flow. Q1 Results
- Positive Sentiment: Ad and pricing tailwinds cited — management and some analysts point to higher pricing and accelerating ad revenue as durable profit drivers, supporting continued buy ratings from several firms. Analyst Take
- Neutral Sentiment: Co‑founder Reed Hastings will not stand for re‑election to the board in June — Netflix says he’s pursuing philanthropy; the move removes a long‑time presence but management frames it as orderly. Hastings Exit
- Neutral Sentiment: Market context: risk appetite is mixed (futures up on geopolitical optimism) which may temper a broader market selloff but leaves company‑specific headlines to drive NFLX. Market Futures
- Negative Sentiment: Disappointing Q2/near‑term guidance — Netflix set Q2 EPS at $0.78 (below consensus ~$0.84) and issued conservative near‑term revenue guidance, triggering investor concern that growth and engagement may slow. Guidance Miss
- Negative Sentiment: Market skepticism over one‑time gains and sustainability — some investors see the big profit beat as partly driven by a Warner Bros. breakup fee and price increases, raising doubts about repeatable top‑line momentum and prompting profit‑taking. One‑time Gains Concern
- Negative Sentiment: Strategic risks flagged by analysts — commentary warns of engagement friction, dependence on large sports/content deals, and tougher competition for scripted franchises, which could pressure future growth and content ROI. Analyst Concerns
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.
Featured Articles
Receive News & Ratings for Netflix Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Netflix and related companies with MarketBeat.com's FREE daily email newsletter.
