Netflix’s (NFLX) Outperform Rating Reiterated at Wedbush

Wedbush reissued their outperform rating on shares of Netflix (NASDAQ:NFLX) in a research note released on Wednesday,RTT News reports. The brokerage currently has a $1,150.00 price target on the Internet television network’s stock, up from their previous price target of $950.00. Wedbush also issued estimates for Netflix’s Q1 2025 earnings at $5.75 EPS, Q2 2025 earnings at $6.17 EPS, Q3 2025 earnings at $6.80 EPS, Q4 2025 earnings at $5.60 EPS, FY2025 earnings at $24.32 EPS, Q1 2026 earnings at $7.10 EPS, Q2 2026 earnings at $7.29 EPS, Q3 2026 earnings at $7.97 EPS, Q4 2026 earnings at $6.69 EPS, FY2026 earnings at $29.05 EPS and FY2027 earnings at $34.09 EPS.

Other analysts also recently issued reports about the stock. Pivotal Research boosted their target price on shares of Netflix from $1,100.00 to $1,250.00 and gave the company a “buy” rating in a research note on Wednesday. Loop Capital lifted their target price on Netflix from $925.00 to $1,000.00 and gave the company a “hold” rating in a research note on Wednesday. Bank of America increased their price target on shares of Netflix from $1,000.00 to $1,175.00 and gave the stock a “buy” rating in a research report on Wednesday. Evercore ISI boosted their price objective on shares of Netflix from $950.00 to $1,100.00 and gave the company an “outperform” rating in a research report on Wednesday. Finally, Needham & Company LLC increased their target price on shares of Netflix from $800.00 to $1,150.00 and gave the stock a “buy” rating in a research report on Wednesday. Nine research analysts have rated the stock with a hold rating, twenty-six have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Netflix currently has an average rating of “Moderate Buy” and an average price target of $1,009.29.

Netflix Stock Down 0.7 %

Shares of Netflix stock opened at $977.59 on Wednesday. Netflix has a 12-month low of $542.01 and a 12-month high of $999.00. The firm has a market capitalization of $417.88 billion, a PE ratio of 49.30, a price-to-earnings-growth ratio of 1.53 and a beta of 1.27. The company has a quick ratio of 1.13, a current ratio of 1.22 and a debt-to-equity ratio of 0.56. The stock’s fifty day moving average is $892.06 and its 200-day moving average is $764.95.

Netflix (NASDAQ:NFLX) last posted its quarterly earnings data on Tuesday, January 21st. The Internet television network reported $4.27 EPS for the quarter, beating analysts’ consensus estimates of $4.20 by $0.07. The company had revenue of $10.25 billion during the quarter, compared to analyst estimates of $10,141,900 billion. Netflix had a net margin of 22.34% and a return on equity of 38.32%. The business’s quarterly revenue was up 16.0% on a year-over-year basis. During the same period in the prior year, the firm earned $2.11 earnings per share. Equities analysts anticipate that Netflix will post 23.72 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Jay C. Hoag sold 617 shares of the stock in a transaction dated Thursday, January 23rd. The shares were sold at an average price of $979.71, for a total value of $604,481.07. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Timothy M. Haley sold 11,090 shares of the business’s stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $757.96, for a total value of $8,405,776.40. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 147,117 shares of company stock valued at $123,913,691. 1.76% of the stock is owned by company insiders.

Institutional Trading of Netflix

Several institutional investors have recently modified their holdings of the company. DigitalBridge Group Inc. raised its stake in shares of Netflix by 35.5% in the 2nd quarter. DigitalBridge Group Inc. now owns 36,063 shares of the Internet television network’s stock valued at $24,338,000 after buying an additional 9,451 shares in the last quarter. Nordea Investment Management AB increased its stake in Netflix by 22.7% in the fourth quarter. Nordea Investment Management AB now owns 848,150 shares of the Internet television network’s stock valued at $760,918,000 after acquiring an additional 156,958 shares during the period. Charles Schwab Investment Management Inc. raised its position in Netflix by 1.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 2,579,404 shares of the Internet television network’s stock worth $1,829,494,000 after purchasing an additional 29,726 shares in the last quarter. Natixis Advisors LLC lifted its stake in Netflix by 2.0% during the third quarter. Natixis Advisors LLC now owns 612,458 shares of the Internet television network’s stock worth $434,398,000 after purchasing an additional 11,921 shares during the period. Finally, M&T Bank Corp boosted its holdings in Netflix by 4.2% during the third quarter. M&T Bank Corp now owns 41,946 shares of the Internet television network’s stock valued at $29,751,000 after purchasing an additional 1,684 shares in the last quarter. Institutional investors and hedge funds own 80.93% of the company’s stock.

Netflix Company Profile

Netflix, Inc provides entertainment services. It offers TV series, documentaries, feature films, and games across various genres and languages. The company also provides members the ability to receive streaming content through a host of internet-connected devices, including TVs, digital video players, TV set-top boxes, and mobile devices.