Barclays Cuts Netflix (NASDAQ:NFLX) Price Target to $80.00

Netflix (NASDAQ:NFLX) had its price target cut by Barclays from $85.00 to $80.00 in a research report sent to investors on Friday morning,Benzinga reports. They currently have an equal weight rating on the Internet television network’s stock.

Other research analysts have also issued reports about the company. China Renaissance increased their price objective on Netflix from $90.00 to $100.00 and gave the company a “hold” rating in a research report on Friday, April 17th. President Capital boosted their target price on Netflix from $133.00 to $134.00 and gave the stock a “buy” rating in a research report on Tuesday, March 31st. Wedbush reaffirmed an “outperform” rating and set a $118.00 price target on shares of Netflix in a research note on Thursday, April 16th. Weiss Ratings cut Netflix from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, June 26th. Finally, Erste Group Bank cut Netflix from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating and sixteen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $103.97.

Netflix Price Performance

Shares of NFLX stock opened at $68.95 on Friday. Netflix has a 1 year low of $65.08 and a 1 year high of $126.71. The company has a current ratio of 1.14, a quick ratio of 1.41 and a debt-to-equity ratio of 0.39. The firm’s 50 day moving average is $80.15 and its 200-day moving average is $86.85. The firm has a market capitalization of $290.33 billion, a price-to-earnings ratio of 21.70, a PEG ratio of 0.88 and a beta of 1.52.

Netflix (NASDAQ:NFLX) last issued its quarterly earnings results on Thursday, July 16th. The Internet television network reported $0.80 earnings per share for the quarter, beating analysts’ consensus estimates of $0.79 by $0.01. Netflix had a net margin of 28.22% and a return on equity of 40.02%. The business had revenue of $12.56 billion during the quarter, compared to analyst estimates of $12.58 billion. During the same quarter last year, the business posted $0.72 earnings per share. Netflix’s revenue for the quarter was up 13.4% compared to the same quarter last year. Sell-side analysts forecast that Netflix will post 3.6 EPS for the current fiscal year.

Insider Buying and Selling at Netflix

In related news, CEO Theodore A. Sarandos sold 27,312 shares of Netflix stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $87.97, for a total transaction of $2,402,636.64. Following the transaction, the chief executive officer owned 284,804 shares of the company’s stock, valued at $25,054,207.88. This trade represents a 8.75% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Gregory K. Peters sold 27,312 shares of the business’s stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $88.69, for a total transaction of $2,422,301.28. Following the transaction, the chief executive officer owned 120,931 shares of the company’s stock, valued at approximately $10,725,370.39. This represents a 18.42% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 899,839 shares of company stock worth $80,141,661 over the last ninety days. 1.24% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Netflix

Institutional investors and hedge funds have recently made changes to their positions in the company. Northside Capital Management LLC increased its position in shares of Netflix by 1,686.2% in the 2nd quarter. Northside Capital Management LLC now owns 117,351 shares of the Internet television network’s stock valued at $8,379,000 after buying an additional 110,781 shares in the last quarter. Whitener Capital Management Inc. lifted its holdings in Netflix by 9.6% during the second quarter. Whitener Capital Management Inc. now owns 16,515 shares of the Internet television network’s stock worth $1,179,000 after acquiring an additional 1,445 shares in the last quarter. Tema ETFs LLC lifted its holdings in Netflix by 10.7% during the second quarter. Tema ETFs LLC now owns 84,291 shares of the Internet television network’s stock worth $6,018,000 after acquiring an additional 8,120 shares in the last quarter. West Branch Capital LLC lifted its holdings in Netflix by 3.2% during the second quarter. West Branch Capital LLC now owns 33,421 shares of the Internet television network’s stock worth $2,386,000 after acquiring an additional 1,042 shares in the last quarter. Finally, Rise Advisors LLC grew its stake in Netflix by 7.7% in the second quarter. Rise Advisors LLC now owns 3,982 shares of the Internet television network’s stock valued at $284,000 after acquiring an additional 284 shares during the period. Institutional investors and hedge funds own 80.93% of the company’s stock.

Netflix News Roundup

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Some analysts remain bullish, arguing Netflix still has strong long-term upside from margin expansion, advertising growth, and new engagement-driven content formats. Mark Mahaney Reiterates Buy on Netflix
• Positive Sentiment: Supportive commentary highlighted Netflix’s AI, ads, short-form video, and gaming strategy as potential growth catalysts for monetization and engagement. Ad Engagement & Content Opportunities Offer Bullish Edge for NFLX
• Neutral Sentiment: Several analysts cut price targets but mostly kept buy/overweight or hold ratings, signaling lower near-term expectations rather than a full thesis break. Laura Martin Maintains Buy on Netflix
• Negative Sentiment: Netflix’s weaker Q3 outlook and reduced engagement disclosure sparked concern that growth is slowing and management is becoming less transparent with investors. Netflix third-quarter earnings forecast falls shy of Wall Street expectations
• Negative Sentiment: Coverage across the market emphasized the post-earnings selloff, citing a revenue miss, soft guidance, and investor worries about future growth and competition. U.S. Chip Stocks Extend Slide; Netflix Tumbles on Growth Warning

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.