TD Cowen Lowers Netflix (NASDAQ:NFLX) Price Target to $115.00

Netflix (NASDAQ:NFLX) had its target price decreased by TD Cowen from $142.00 to $115.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage currently has a “buy” rating on the Internet television network’s stock. TD Cowen’s price objective points to a potential upside of 28.46% from the company’s previous close.

NFLX has been the subject of several other research reports. Arete Research raised their target price on shares of Netflix from $83.30 to $108.40 and gave the stock a “neutral” rating in a report on Tuesday, October 28th. Rosenblatt Securities reissued a “neutral” rating and issued a $105.00 price objective (down previously from $152.00) on shares of Netflix in a research note on Monday, December 8th. Jefferies Financial Group restated a “buy” rating on shares of Netflix in a research report on Wednesday, December 17th. Erste Group Bank downgraded Netflix from a “buy” rating to a “hold” rating in a report on Friday, October 31st. Finally, Sanford C. Bernstein reissued an “outperform” rating and set a $125.00 price target on shares of Netflix in a research note on Wednesday, December 10th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, fifteen have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $128.59.

Netflix Price Performance

NASDAQ NFLX traded up $0.11 on Tuesday, reaching $89.52. The company had a trading volume of 21,748,192 shares, compared to its average volume of 39,127,637. The firm’s 50 day moving average price is $100.64 and its 200 day moving average price is $113.97. Netflix has a 12 month low of $82.11 and a 12 month high of $134.12. The stock has a market capitalization of $379.32 billion, a PE ratio of 37.39 and a beta of 1.71. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.56.

Netflix (NASDAQ:NFLX) last posted its earnings results on Tuesday, October 21st. The Internet television network reported $5.87 EPS for the quarter, missing analysts’ consensus estimates of $6.96 by ($1.09). Netflix had a net margin of 24.05% and a return on equity of 41.86%. The firm had revenue of $11.51 billion for the quarter, compared to the consensus estimate of $11.51 billion. During the same quarter in the prior year, the company posted $5.40 earnings per share. The firm’s revenue was up 17.2% compared to the same quarter last year. Netflix has set its Q4 2025 guidance at 5.450-5.450 EPS. As a group, equities analysts predict that Netflix will post 24.58 earnings per share for the current year.

Insider Transactions at Netflix

In other news, insider David A. Hyman sold 314,620 shares of the firm’s stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $109.98, for a total value of $34,603,166.08. Following the completion of the transaction, the insider directly owned 316,100 shares in the company, valued at $34,765,942.40. This trade represents a 49.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Gregory K. Peters sold 20,270 shares of the firm’s stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $109.57, for a total transaction of $2,220,943.36. Following the transaction, the chief executive officer directly owned 127,810 shares of the company’s stock, valued at $14,003,886.08. This represents a 13.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,598,370 shares of company stock worth $168,251,193 over the last 90 days. Insiders own 1.37% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Brighton Jones LLC grew its position in shares of Netflix by 5.0% during the fourth quarter. Brighton Jones LLC now owns 5,390 shares of the Internet television network’s stock worth $4,804,000 after buying an additional 257 shares in the last quarter. Revolve Wealth Partners LLC lifted its position in shares of Netflix by 16.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 1,023 shares of the Internet television network’s stock worth $912,000 after purchasing an additional 144 shares during the last quarter. MBA Advisors LLC acquired a new position in shares of Netflix during the second quarter worth $253,000. Apella Capital LLC increased its holdings in Netflix by 9.4% in the second quarter. Apella Capital LLC now owns 1,522 shares of the Internet television network’s stock valued at $1,963,000 after buying an additional 131 shares during the last quarter. Finally, Everpar Advisors LLC boosted its position in shares of Netflix by 3.2% during the 2nd quarter. Everpar Advisors LLC now owns 1,861 shares of the Internet television network’s stock worth $2,492,000 after acquiring an additional 58 shares in the last quarter. 80.93% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: HSBC initiated coverage with a Buy / “strong‑buy” view, citing a sturdy earnings outlook and the strategic upside from the Warner Bros. Discovery deal — an analyst catalyst that can drive demand if the M&A path looks clearer. HSBC initiates coverage of Netflix (NFLX) with buy recommendation
• Positive Sentiment: Zacks highlights that Netflix has the setup for an earnings beat (growth drivers and favorable comparisons), raising the odds of an upside surprise when Q4 results are released later this month — a near‑term catalyst for the stock. Netflix (NFLX) Earnings Expected to Grow: Should You Buy?
• Positive Sentiment: Market technicals and commentary flag NFLX as oversold with bullish RSI/MACD signals and Wall Street price targets above current levels — this technical/valuation setup is attracting buy‑the‑dip interest ahead of earnings. 3 Oversold Stocks Ready to Rebound in 2026 (includes Netflix)
• Neutral Sentiment: Benchmark (Daniel Kurnos) maintained a Hold rating, noting solid 2026 fundamentals but flagging valuation and M&A/regulatory overhang — a reminder that some analysts remain cautious despite positive signals. Maintaining Hold on Netflix: Solid 2026 Fundamentals Offset by Valuation, M&A Uncertainty, and Regulatory Overhang
• Neutral Sentiment: Options traders and commentators are recommending calendar spreads and short‑put strategies to play elevated volatility — signals that some traders see a defined risk/reward around the upcoming earnings and M&A milestones. Netflix Calendar Spread: A Smart Play on Volatility
• Negative Sentiment: M&A uncertainty is the largest negative. Paramount/Skydance’s lawsuits and proxy fight efforts, plus public pushback from political figures (including President Trump), increase the risk the Warner Bros. Discovery transaction is delayed, restructured or faces regulatory scrutiny — raising execution and financing concerns that pressure the stock. Paramount Skydance Sues Warner Bros. Over Netflix Deal Trump Indicates He’s Really Not Into Netflix Buying WB (Deadline via Google News)

Netflix Company Profile

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.