Moffett Nathanson Lowers Netflix (NASDAQ:NFLX) Price Target to $115.00

Netflix (NASDAQ:NFLX) had its price objective lowered by Moffett Nathanson from $120.00 to $115.00 in a research report issued on Wednesday,MarketScreener reports. The brokerage presently has a “buy” rating on the Internet television network’s stock. Moffett Nathanson’s target price indicates a potential upside of 46.09% from the company’s previous close.

Other research analysts have also issued reports about the stock. Wedbush reaffirmed an “outperform” rating and issued a $118.00 price objective on shares of Netflix in a research note on Thursday, April 16th. Evercore started coverage on Netflix in a report on Friday, February 27th. They set an “outperform” rating and a $115.00 price objective for the company. HSBC raised their target price on Netflix from $106.00 to $114.00 and gave the company a “buy” rating in a report on Friday, April 10th. Barclays set a $110.00 price objective on Netflix and gave the company an “equal weight” rating in a research note on Friday, April 17th. Finally, Piper Sandler reiterated an “overweight” rating and issued a $115.00 target price (up from $103.00) on shares of Netflix in a research note on Friday, April 17th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and sixteen have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $114.26.

Netflix Stock Performance

NFLX stock opened at $78.72 on Wednesday. The stock has a 50-day moving average price of $90.19 and a 200-day moving average price of $90.65. Netflix has a 1-year low of $75.01 and a 1-year high of $134.12. The firm has a market cap of $331.47 billion, a PE ratio of 25.43, a price-to-earnings-growth ratio of 1.04 and a beta of 1.50. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.43.

Netflix (NASDAQ:NFLX) last posted its quarterly earnings results on Thursday, April 16th. The Internet television network reported $1.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.76 by $0.47. The business had revenue of $12.25 billion for the quarter, compared to the consensus estimate of $12.17 billion. Netflix had a return on equity of 40.92% and a net margin of 28.52%.The firm’s revenue for the quarter was up 16.2% on a year-over-year basis. During the same period in the prior year, the business earned $6.61 EPS. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. As a group, equities research analysts expect that Netflix will post 3.6 earnings per share for the current year.

Insider Buying and Selling at Netflix

In other news, CEO Gregory K. Peters sold 27,312 shares of the stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $88.69, for a total transaction of $2,422,301.28. Following the completion of the transaction, the chief executive officer owned 120,931 shares in the company, valued at approximately $10,725,370.39. This represents a 18.42% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Theodore A. Sarandos sold 27,312 shares of the business’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $87.97, for a total value of $2,402,636.64. Following the completion of the sale, the chief executive officer owned 284,804 shares in the company, valued at $25,054,207.88. This represents a 8.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 1,313,029 shares of company stock valued at $120,315,776 in the last quarter. Insiders own 1.24% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of NFLX. Brighton Jones LLC boosted its stake in Netflix by 5.0% in the 4th quarter. Brighton Jones LLC now owns 5,390 shares of the Internet television network’s stock worth $4,804,000 after purchasing an additional 257 shares during the period. Revolve Wealth Partners LLC grew 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 valued at $912,000 after purchasing an additional 144 shares in the last quarter. Sivia Capital Partners LLC increased its holdings in shares of Netflix by 21.2% in the second quarter. Sivia Capital Partners LLC now owns 1,406 shares of the Internet television network’s stock worth $1,883,000 after purchasing an additional 246 shares during the period. Strategic Investment Advisors MI raised its position in shares of Netflix by 18.9% in the second quarter. Strategic Investment Advisors MI now owns 774 shares of the Internet television network’s stock worth $1,036,000 after buying an additional 123 shares in the last quarter. Finally, Schnieders Capital Management LLC. raised its position in shares of Netflix by 12.1% in the second quarter. Schnieders Capital Management LLC. now owns 2,115 shares of the Internet television network’s stock worth $2,832,000 after buying an additional 228 shares in the last quarter. 80.93% of the stock is owned by institutional investors.

Trending Headlines about Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix continues to expand its content strategy, including a deeper partnership with iHeartMedia that adds celebrity-led video podcasts and live programming, which could support engagement and subscriber retention. Reuters article on iHeartMedia partnership
• Neutral Sentiment: Management has also reiterated that Netflix’s volume is not slowing, suggesting the core streaming business remains healthy despite the market’s focus on takeover rumors. MediaPost article on Netflix volume
• Negative Sentiment: Netflix’s stock is reacting to the market’s view that it missed out on a major strategic move, as Fox’s Roku acquisition and reports of a failed or abandoned bid process raise concerns that Netflix may be on the sidelines in a consolidating streaming industry. Benzinga article on Lionsgate reaction
• Negative Sentiment: The broader media consolidation backdrop, highlighted by the Paramount-Skydance/Warner Bros. Discovery deal, is increasing investor attention on M&A and making Netflix’s lack of a deal more noticeable in comparison. MarketBeat article on Paramount-Warner deal

About Netflix

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.