Netflix (NASDAQ:NFLX) Stock Keeps Buy Rating at Sanford C. Bernstein

Posted by Brenda Bartman on Sep 29th, 2026

Sanford C. Bernstein reaffirmed their buy rating on shares of Netflix (NASDAQ:NFLX – Free Report) in a research report sent to investors on Monday morning.

A number of other research firms also recently commented on NFLX. Evercore reaffirmed an “outperform” rating and issued a $110.00 price target (up from $100.00) on shares of Netflix in a research note on Monday, September 14th. Piper Sandler reissued an “overweight” rating and issued a $85.00 target price (down from $115.00) on shares of Netflix in a report on Friday, July 17th. The Goldman Sachs Group downgraded shares of Netflix from an “underweight” rating to a “sell” rating in a research report on Monday, July 20th. Seaport Research Partners cut Netflix from a “buy” rating to a “neutral” rating in a research note on Monday, July 20th. Finally, Morgan Stanley reaffirmed an “overweight” rating and issued a $90.00 target price (down from $115.00) on shares of Netflix in a report on Tuesday, July 14th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, sixteen have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $95.51.

Check Out Our Latest Stock Report on Netflix

Netflix Trading Down 2.7%

Shares of NASDAQ:NFLX opened at $69.23 on Monday. The company has a market capitalization of $288.27 billion, a P/E ratio of 21.79, a P/E/G ratio of 1.00 and a beta of 1.53. Netflix has a 1 year low of $65.08 and a 1 year high of $124.86. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.14 and a quick ratio of 1.14. The business’s 50 day simple moving average is $75.76 and its 200 day simple moving average is $82.90.

Netflix (NASDAQ:NFLX – Get Free Report) last announced its quarterly earnings data on Thursday, July 16th. The Internet television network reported $0.80 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.01. The firm had revenue of $12.56 billion during 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 quarterly revenue was up 13.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.72 EPS. On average, research analysts anticipate that Netflix will post 3.59 EPS for the current fiscal year.

Insider Transactions at Netflix

In other news, Director Richard N. Barton sold 720 shares of the stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $75.27, for a total value of $54,194.40. Following the completion of the transaction, the director directly owned 2,460 shares in the company, valued at approximately $185,164.20. This represents a 22.64% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Theodore A. Sarandos sold 27,312 shares of the stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $73.35, for a total value of $2,003,335.20. Following the completion of the transaction, the chief executive officer owned 178,954 shares of the company’s stock, valued at $13,126,275.90. The trade was a 13.24% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over 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.

Hedge Funds Weigh In On Netflix

A number of institutional investors and hedge funds have recently bought and sold shares of NFLX. Cornerstone Financial Management LLC bought a new position in Netflix in the 4th quarter valued at approximately $26,000. Clal Insurance Enterprises Holdings Ltd bought a new stake in Netflix during the 2nd quarter worth approximately $26,000. Core Wealth Advisors LLC acquired a new position in Netflix in the 4th quarter valued at approximately $28,000. Evolution Wealth Management Inc. increased its position in Netflix by 2,284.6% in the 4th quarter. Evolution Wealth Management Inc. now owns 310 shares of the Internet television network’s stock valued at $29,000 after acquiring an additional 297 shares during the period. Finally, Compound Global Advisors LLC bought a new position in shares of Netflix during the second quarter valued at $29,000. Institutional investors and hedge funds own 80.93% of the company’s stock.

Netflix News Summary

Here are the key news stories impacting Netflix this week:

Positive Sentiment: Sanford C. Bernstein reaffirmed its Buy rating, indicating that the analyst still sees upside despite Netflix’s recent weakness. Netflix’s Buy Rating Reaffirmed at Sanford C. Bernstein
Positive Sentiment: Several bullish analyses point to Netflix’s double-digit revenue growth, improving profitability and a potential recovery toward $100 before 2030. Management’s 2026 operating-margin target of 31.5%, compared with 29.5% in 2025, supports the long-term case; advertising and price increases could provide additional growth. Prediction: Netflix Stock Gets Back to $100 Before 2030
Neutral Sentiment: Netflix is pursuing a selective live-sports strategy focused on major “event” programming rather than a broad sports spending push. The approach could improve engagement and attract advertisers, but its financial impact remains unproven. Netflix’s Sports Bet Got More Specific
Negative Sentiment: Investor concerns about declining or slowing user engagement are weighing on the shares, even though revenue continues to grow. Analysts and investors are also focused on intensifying competition and whether Netflix can sustain growth at its current scale. The 10-Letter Word That Has the Market in a Panic Over Netflix Stock
Negative Sentiment: Netflix’s shares have significantly lagged the broader market over the past five years, reinforcing concerns that competition and slower growth may limit future returns. Reports that major investors were reducing exposure added to the negative sentiment. Netflix’s Five-Year Investment Performance
Negative Sentiment: The stock’s valuation is more attractive after its selloff—roughly 22 times earnings, with most analysts still recommending Buy—but the sharp decline reflects reduced confidence in Netflix’s near-term momentum. Its involvement in the Warner Bros. Discovery bidding contest also contributed to volatility across the media sector. Is Netflix a Buy Now?

About Netflix

(Get Free Report)

Netflix, Inc (NASDAQ:NFLX) is a global entertainment company that operates a subscription-based streaming service. It offers a broad range of television series, films, documentaries, and other programming, including original productions developed under the Netflix brand and licensed content from third-party studios.

The company also provides advertising-supported viewing options in some markets and has expanded into related entertainment categories, including mobile and cloud-based games, live programming, and consumer products associated with selected titles.