Oppenheimer Cuts Netflix (NASDAQ:NFLX) Price Target to $100.00

Posted by Micah Haroldson on Jul 13th, 2026

Netflix (NASDAQ:NFLX – Get Free Report) had its price target cut by stock analysts at Oppenheimer from $120.00 to $100.00 in a research report issued to clients and investors on Monday. The brokerage currently has an “outperform” rating on the Internet television network’s stock. Oppenheimer’s price objective points to a potential upside of 36.30% from the company’s current price.

Other research analysts have also recently issued reports about the stock. Daiwa Securities Group boosted their target price on shares of Netflix from $97.00 to $102.00 and gave the stock an “outperform” rating in a research report on Thursday, April 23rd. Barclays set a $110.00 price target on shares of Netflix and gave the stock an “equal weight” rating in a research note on Friday, April 17th. Bank of America reissued a “buy” rating and issued a $125.00 price objective on shares of Netflix in a research report on Monday, May 18th. Sanford C. Bernstein set a $100.00 target price on Netflix and gave the company an “outperform” rating in a research note on Wednesday. Finally, Rosenblatt Securities dropped their target price on Netflix from $96.00 to $95.00 and set a “neutral” rating on the stock in a research report on Friday, April 17th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, fifteen have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Netflix presently has an average rating of “Moderate Buy” and an average target price of $112.60.

Read Our Latest Stock Report on Netflix

Netflix Price Performance

Shares of NASDAQ NFLX opened at $73.37 on Monday. Netflix has a 12-month low of $70.86 and a 12-month high of $127.75. The company has a market cap of $308.95 billion, a P/E ratio of 23.70, a P/E/G ratio of 0.93 and a beta of 1.52. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.43. The stock has a fifty day moving average price of $81.78 and a 200 day moving average price of $87.59.

Netflix (NASDAQ:NFLX – Get Free Report) last issued its earnings results on Thursday, April 16th. The Internet television network reported $1.23 earnings per share for the quarter, topping the consensus estimate of $0.76 by $0.47. The company had revenue of $12.25 billion during 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 company’s revenue was up 16.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $6.61 earnings per share. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. Research analysts anticipate that Netflix will post 3.6 EPS for the current fiscal year.

Insider Activity

In other news, CEO Gregory K. Peters sold 27,312 shares of the stock in a transaction dated 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 trade represents a 18.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Reed Hastings sold 407,550 shares of Netflix stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $93.13, for a total value of $37,955,131.50. Following the completion of the transaction, the director owned 3,940 shares of the company’s stock, valued at $366,932.20. This trade represents a 99.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 899,839 shares of company stock worth $80,141,661 over the last ninety days. Insiders own 1.24% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. First Financial Corp IN boosted its holdings in Netflix by 900.0% in the fourth quarter. First Financial Corp IN now owns 270 shares of the Internet television network’s stock worth $25,000 after purchasing an additional 243 shares during the period. DiNuzzo Private Wealth Inc. boosted its holdings in shares of Netflix by 885.2% in the 4th quarter. DiNuzzo Private Wealth Inc. now owns 266 shares of the Internet television network’s stock valued at $25,000 after buying an additional 239 shares during the period. Turning Point Benefit Group Inc. grew its position in shares of Netflix by 13,400.0% during the 4th quarter. Turning Point Benefit Group Inc. now owns 270 shares of the Internet television network’s stock valued at $25,000 after buying an additional 268 shares during the last quarter. Imprint Wealth LLC bought a new stake in shares of Netflix during the 3rd quarter valued at about $25,000. Finally, Cornerstone Financial Management LLC acquired a new stake in Netflix during the fourth quarter worth about $26,000. Institutional investors own 80.93% of the company’s stock.

Netflix News Roundup

Here are the key news stories impacting Netflix this week:

Positive Sentiment: JPMorgan reiterated an Overweight rating on Netflix and maintained a $118 price target, signaling Wall Street still sees upside if the company delivers a solid quarter. Netflix Heads Into Q2 Earnings: Here’s JPMorgan’s Take
Positive Sentiment: Analysts continue to describe Netflix as a “Moderate Buy”, suggesting the broader Street remains constructive despite the recent pullback. Netflix, Inc. (NASDAQ:NFLX) Given Consensus Rating of “Moderate Buy” by Analysts
Neutral Sentiment: Wall Street expects Q2 earnings of about $0.79 per share on $12.58 billion in revenue, so the report will likely be judged on whether Netflix can beat those estimates and improve guidance. Netflix (NFLX) Stock: Wall Street’s Q2 Earnings Outlook for July 16 Report
Neutral Sentiment: Several previews say the upcoming earnings call may matter less than Netflix’s next engagement report, which investors will use to gauge viewing trends, ad inventory, and the return on its big advertising bet. Netflix Q2 Preview: Why Its $3 Billion Ad Bet Needs More Inventory
Neutral Sentiment: Commentary around Netflix’s valuation, subscriber engagement, and competition has increased uncertainty, but much of it is still pre-earnings speculation rather than a confirmed fundamental shift. Insiders Offer A Defense Of Netflix And Streaming TV
Negative Sentiment: Recent articles note that Netflix stock has fallen sharply from its highs and is trading near its cheapest valuation in years, reflecting investor concern ahead of earnings. Netflix Stock Hasn’t Been This Cheap In Four Years as Earnings Loom
Negative Sentiment: Other coverage flags possible headwinds such as slowing viewing engagement, higher content costs, and questions about whether Netflix can sustain pricing and margin expansion. 3 Reasons Why Netflix Has a Lot to Prove on July 16

About Netflix

(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.