Netflix, Inc. (NASDAQ:NFLX) Receives Average Recommendation of “Moderate Buy” from Brokerages

Netflix, Inc. (NASDAQ:NFLXGet Free Report) has been assigned a consensus rating of “Moderate Buy” from the fifty-two brokerages that are currently covering the stock, Marketbeat reports. Sixteen investment analysts have rated the stock with a hold recommendation, thirty-four have assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $114.8244.

Several research firms recently weighed in on NFLX. Weiss Ratings raised shares of Netflix from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, May 4th. Citigroup began coverage on shares of Netflix in a research note on Thursday, April 16th. They set a “market perform” rating for the company. Cfra raised shares of Netflix from a “hold” rating to a “buy” rating and set a $115.00 target price for the company in a research note on Friday, March 6th. Piper Sandler reaffirmed an “overweight” rating and set a $115.00 target price (up from $103.00) on shares of Netflix in a research note on Friday, April 17th. Finally, Bank of America reissued a “buy” rating and issued a $125.00 price objective on shares of Netflix in a research note on Monday, May 18th.

Check Out Our Latest Report on NFLX

Netflix Stock Performance

NFLX opened at $86.02 on Friday. The stock has a market capitalization of $362.21 billion, a price-to-earnings ratio of 27.78, a PEG ratio of 1.09 and a beta of 1.55. The company has a fifty day moving average of $93.12 and a 200 day moving average of $93.14. Netflix has a fifty-two week low of $75.01 and a fifty-two week high of $134.12. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.41 and a current ratio of 1.41.

Netflix (NASDAQ:NFLXGet Free Report) last posted its earnings results on Thursday, April 16th. The Internet television network reported $1.23 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.47. The company had revenue of $12.25 billion during the quarter, compared to analysts’ expectations of $12.17 billion. Netflix had a net margin of 28.52% and a return on equity of 40.92%. Netflix’s quarterly revenue was up 16.2% on a year-over-year basis. During the same period last year, the company posted $6.61 earnings per share. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. As a group, sell-side analysts forecast that Netflix will post 3.6 earnings per share for the current fiscal year.

More Netflix News

Here are the key news stories impacting Netflix this week:

Insiders Place Their Bets

In other Netflix news, insider David A. Hyman sold 5,722 shares of Netflix stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $88.08, for a total value of $503,993.76. Following the completion of the transaction, the insider directly owned 316,100 shares of the company’s stock, valued at $27,842,088. This trade represents a 1.78% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Reed Hastings sold 420,550 shares of Netflix stock in a transaction 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 transaction, the director directly owned 3,940 shares of the company’s stock, valued at $376,230.60. The trade was a 99.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 1,365,509 shares of company stock worth $129,675,743. Insiders own 1.24% of the company’s stock.

Hedge Funds Weigh In On Netflix

Institutional investors and hedge funds have recently made changes to their positions in the business. Imprint Wealth LLC purchased a new position in shares of Netflix in the 3rd quarter worth $25,000. Bare Financial Services Inc grew its stake in shares of Netflix by 93.3% in the 3rd quarter. Bare Financial Services Inc now owns 29 shares of the Internet television network’s stock worth $35,000 after buying an additional 14 shares in the last quarter. Horizon Financial Services LLC lifted its holdings in shares of Netflix by 480.0% in the 3rd quarter. Horizon Financial Services LLC now owns 29 shares of the Internet television network’s stock worth $35,000 after acquiring an additional 24 shares during the last quarter. Redmont Wealth Advisors LLC bought a new stake in shares of Netflix in the 3rd quarter worth about $36,000. Finally, Promus Capital LLC bought a new stake in shares of Netflix in the 3rd quarter worth about $48,000. 80.93% of the stock is owned by hedge funds and other institutional investors.

Netflix Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Netflix (NASDAQ:NFLX)

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