Netflix (NASDAQ:NFLX) Trading Up 2.2% – What’s Next?

Posted by Brenda Bartman on Sep 21st, 2026

Netflix, Inc. (NASDAQ:NFLX – Get Free Report) shares shot up 2.2% during trading on Monday . The company traded as high as $73.87 and last traded at $73.36. Approximately 36,814,188 shares were traded during mid-day trading, a decline of 14% from the average session volume of 42,980,574 shares. The stock had previously closed at $71.79.

Trending Headlines about Netflix

Here are the key news stories impacting Netflix this week:

Positive Sentiment: Bill Ackman’s Pershing Square disclosed an approximately $1 billion Netflix position, signaling renewed confidence in the company’s long-term prospects. The investment is notable because Ackman previously exited Netflix at a substantial loss in 2022; the streaming market and Netflix’s business model have since changed significantly. Ackman Bets $1 Billion on Netflix Redemption After $400 Million 2022 Loss
Positive Sentiment: Investors are looking ahead to Netflix’s third-quarter earnings report, expected on October 20. The company continues to benefit from double-digit revenue growth and has announced a sizable buyback program, factors that could support the stock if upcoming results and guidance are strong. Should You Buy Netflix Stock Before Oct. 20?
Neutral Sentiment: Netflix largely sat out a rally in Warner Bros. Discovery and Paramount Skydance shares tied to advancing antitrust settlement talks. The development was viewed primarily as a merger-arbitrage event rather than a broad streaming-sector catalyst, limiting its direct relevance to Netflix. Warner Bros. Discovery and Paramount Skydance Antitrust Talks
Negative Sentiment: Wells Fargo downgraded Netflix from Equal Weight to Underweight, citing concerns about engagement. The downgrade adds pressure because it reinforces doubts that Netflix can sustain audience growth and justify its valuation. Netflix Stock Declines After Wells Fargo Downgrades Streamer
Negative Sentiment: Analysts and bearish traders are highlighting intense competition from rival streaming platforms, difficulty producing consistent hits and possible weakening engagement. One bank reportedly set a $57 price target, substantially below the current trading range, increasing downside concerns. This Bearish Netflix Stock Trade Can Cash In On Netflix’s Woes

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Citigroup restated a “market perform” rating on shares of Netflix in a research report on Monday, August 17th. Barclays decreased their price target on Netflix from $85.00 to $80.00 and set an “equal weight” rating on the stock in a report on Friday, July 17th. Evercore reiterated an “outperform” rating and issued a $110.00 price objective (up from $100.00) on shares of Netflix in a research report on Monday, September 14th. Itau BBA Securities dropped their price objective on Netflix from $151.40 to $96.00 and set an “outperform” rating for the company in a report on Wednesday, August 5th. Finally, CICC Research cut their target price on shares of Netflix from $110.00 to $90.00 and set an “outperform” rating on the stock in a research report on Tuesday, July 21st. Four investment analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, fifteen have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Netflix has a consensus rating of “Moderate Buy” and an average price target of $95.99.

View Our Latest Report on Netflix

Netflix Stock Up 2.2%

The business has a fifty day moving average of $75.81 and a 200 day moving average of $84.03. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.39. The firm has a market cap of $305.47 billion, a P/E ratio of 23.09, a P/E/G ratio of 1.01 and a beta of 1.53.

Netflix (NASDAQ:NFLX – Get Free Report) last issued its earnings results on Thursday, July 16th. The Internet television network reported $0.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.79 by $0.01. The firm had revenue of $12.56 billion for the quarter, compared to analysts’ expectations of $12.58 billion. Netflix had a return on equity of 40.02% and a net margin of 28.22%.The company’s revenue was up 13.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.72 earnings per share. On average, equities research analysts predict that Netflix, Inc. will post 3.59 EPS for the current year.

Insider Transactions at Netflix

In other news, Director Richard Barton sold 720 shares of Netflix stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $75.27, for a total transaction of $54,194.40. Following the transaction, the director directly owned 2,460 shares of the company’s stock, valued at $185,164.20. This trade represents a 22.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Spencer Neumann sold 9,248 shares of the business’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of $75.79, for a total transaction of $700,905.92. Following the completion of the transaction, the chief financial officer directly owned 73,787 shares of the company’s stock, valued at $5,592,316.73. This trade represents a 11.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 179,045 shares of company stock valued at $13,132,194. Corporate insiders own 1.24% of the company’s stock.

Institutional Investors Weigh In On Netflix

A number of hedge funds have recently modified their holdings of NFLX. Altar Rock LLC grew its position in shares of Netflix by 10.6% in the 2nd quarter. Altar Rock LLC now owns 4,343 shares of the Internet television network’s stock valued at $310,000 after purchasing an additional 415 shares during the period. Security National Bank of SO Dak lifted its stake in Netflix by 462.0% in the second quarter. Security National Bank of SO Dak now owns 14,725 shares of the Internet television network’s stock valued at $1,051,000 after buying an additional 12,105 shares in the last quarter. Security National Bank of Sioux City Iowa IA acquired a new position in shares of Netflix in the second quarter valued at approximately $1,195,000. Anchor Investment Management LLC boosted its holdings in shares of Netflix by 1.9% in the second quarter. Anchor Investment Management LLC now owns 71,185 shares of the Internet television network’s stock valued at $5,083,000 after buying an additional 1,315 shares during the period. Finally, Smith Chas P & Associates PA Cpas raised its holdings in shares of Netflix by 34.3% during the second quarter. Smith Chas P & Associates PA Cpas now owns 3,718 shares of the Internet television network’s stock worth $265,000 after acquiring an additional 950 shares during the period. Institutional investors and hedge funds own 80.93% of the company’s stock.

Netflix Company Profile

(Get Free Report)

Netflix, Inc (NASDAQ:NFLX) is a global entertainment company that provides subscription-based streaming access to television series, films, documentaries and other video content. Its service includes Netflix-produced and licensed programming, with offerings that may vary by market. The company also provides an advertising-supported plan in selected countries and has expanded into mobile games and other interactive entertainment.

Netflix was founded in 1997 by Reed Hastings and Marc Randolph as a DVD-by-mail rental service in the United States.