Netflix (NFLX) – Investment Analysts’ Recent Ratings Updates

Netflix (NASDAQ: NFLX) has recently received a number of price target changes and ratings updates:

• 1/15/2025 – Netflix had its price target lowered by analysts at Oppenheimer Holdings Inc. from $1,065.00 to $1,040.00. They now have an “outperform” rating on the stock.
• 1/15/2025 – Netflix had its price target raised by analysts at BMO Capital Markets from $825.00 to $1,000.00. They now have an “outperform” rating on the stock.
• 1/14/2025 – Netflix had its price target raised by analysts at Barclays PLC from $550.00 to $715.00. They now have an “underweight” rating on the stock.
• 1/14/2025 – Netflix had its price target raised by analysts at Piper Sandler from $840.00 to $950.00. They now have an “overweight” rating on the stock.
• 1/13/2025 – Netflix had its price target raised by analysts at Macquarie from $795.00 to $965.00. They now have an “outperform” rating on the stock.
• 1/13/2025 – Netflix had its price target raised by analysts at Guggenheim from $825.00 to $950.00. They now have a “buy” rating on the stock.
• 1/10/2025 – Netflix had its price target lowered by analysts at JPMorgan Chase & Co. from $1,010.00 to $1,000.00. They now have an “overweight” rating on the stock.
• 1/8/2025 – Netflix had its price target raised by analysts at The Goldman Sachs Group, Inc. from $750.00 to $850.00. They now have a “neutral” rating on the stock.
• 1/6/2025 – Netflix had its price target raised by analysts at Argus from $840.00 to $1,040.00. They now have a “buy” rating on the stock.
• 1/3/2025 – Netflix had its price target raised by analysts at Benchmark Co. from $555.00 to $720.00. They now have a “sell” rating on the stock.
• 12/21/2024 – Netflix was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 12/19/2024 – Netflix had its price target raised by analysts at UBS Group AG from $825.00 to $1,040.00. They now have a “buy” rating on the stock.
• 12/16/2024 – Netflix had its price target raised by analysts at Oppenheimer Holdings Inc. from $825.00 to $1,065.00. They now have an “outperform” rating on the stock.
• 12/16/2024 – Netflix was downgraded by analysts at Loop Capital from a “buy” rating to a “hold” rating. They now have a $950.00 price target on the stock, up previously from $800.00.
• 12/13/2024 – Netflix was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 12/11/2024 – Netflix had its price target raised by analysts at JPMorgan Chase & Co. from $850.00 to $1,010.00. They now have an “overweight” rating on the stock.
• 12/5/2024 – Netflix had its price target raised by analysts at Citigroup Inc. from $725.00 to $920.00. They now have a “neutral” rating on the stock.
• 12/2/2024 – Netflix had its price target raised by analysts at Evercore ISI from $775.00 to $950.00. They now have an “outperform” rating on the stock.
• 12/2/2024 – Netflix had its price target raised by analysts at Canaccord Genuity Group Inc. from $760.00 to $940.00. They now have a “hold” rating on the stock.
• 11/21/2024 – Netflix had its price target raised by analysts at Bank of America Co. from $800.00 to $1,000.00. They now have a “buy” rating on the stock.
• 11/20/2024 – Netflix had its price target raised by analysts at Pivotal Research from $925.00 to $1,100.00. They now have a “buy” rating on the stock.
• 11/18/2024 – Netflix had its “outperform” rating reaffirmed by analysts at Wedbush. They now have a $950.00 price target on the stock, up previously from $800.00.

Netflix Trading Up 2.6 %

Shares of Netflix stock traded up $21.64 during trading on Wednesday, reaching $850.04. 2,188,441 shares of the company were exchanged, compared to its average volume of 2,959,695. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.62. Netflix, Inc. has a twelve month low of $475.26 and a twelve month high of $941.75. The business has a 50-day moving average price of $881.04 and a 200-day moving average price of $755.96. The firm has a market capitalization of $363.36 billion, a price-to-earnings ratio of 48.11, a P/E/G ratio of 1.77 and a beta of 1.27.

Netflix (NASDAQ:NFLX) last posted its earnings results on Thursday, October 17th. The Internet television network reported $5.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.09 by $0.31. Netflix had a return on equity of 35.86% and a net margin of 20.70%. The firm had revenue of $9.82 billion during the quarter, compared to analysts’ expectations of $9.77 billion. Sell-side analysts anticipate that Netflix, Inc. will post 19.78 EPS for the current fiscal year.

Insider Buying and Selling at Netflix

In other news, Director Richard N. Barton sold 6,364 shares of the company’s stock in a transaction dated Tuesday, January 7th. The stock was sold at an average price of $879.38, for a total transaction of $5,596,374.32. Following the completion of the transaction, the director now directly owns 246 shares of the company’s stock, valued at $216,327.48. This represents a 96.28 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Chairman Reed Hastings sold 48,363 shares of the company’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $896.60, for a total value of $43,362,265.80. Following the transaction, the chairman now directly owns 114 shares of the company’s stock, valued at $102,212.40. This represents a 99.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 156,742 shares of company stock valued at $131,030,268. Company insiders own 1.76% of the company’s stock.

Institutional Trading of Netflix

Several institutional investors and hedge funds have recently bought and sold shares of NFLX. RPg Family Wealth Advisory LLC bought a new stake in Netflix during the third quarter worth about $25,000. E Fund Management Hong Kong Co. Ltd. raised its stake in Netflix by 700.0% in the third quarter. E Fund Management Hong Kong Co. Ltd. now owns 48 shares of the Internet television network’s stock valued at $34,000 after buying an additional 42 shares during the period. MidAtlantic Capital Management Inc. bought a new stake in Netflix in the third quarter valued at approximately $37,000. FSA Wealth Management LLC bought a new stake in Netflix in the third quarter valued at approximately $38,000. Finally, First Personal Financial Services bought a new stake in Netflix in the third quarter valued at approximately $40,000. Institutional investors own 80.93% of the company’s stock.

Netflix, Inc provides entertainment services. It offers TV series, documentaries, feature films, and games across various genres and languages. The company also provides members the ability to receive streaming content through a host of internet-connected devices, including TVs, digital video players, TV set-top boxes, and mobile devices.