Netflix (NASDAQ:NFLX – Get Free Report) issued an update on its first quarter 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 5.580-5.580 for the period, compared to the consensus estimate of 5.970. The company issued revenue guidance of $10.4 billion-$10.4 billion, compared to the consensus revenue estimate of $10.5 billion. Netflix also updated its FY 2025 guidance to EPS.
Wall Street Analyst Weigh In
Several equities research analysts have recently issued reports on NFLX shares. Bank of America increased their target price on shares of Netflix from $800.00 to $1,000.00 and gave the stock a “buy” rating in a research note on Thursday, November 21st. Macquarie raised their price objective on Netflix from $795.00 to $965.00 and gave the company an “outperform” rating in a report on Monday, January 13th. BMO Capital Markets upped their target price on Netflix from $825.00 to $1,000.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 15th. Benchmark lifted their price target on shares of Netflix from $555.00 to $720.00 and gave the company a “sell” rating in a research note on Friday, January 3rd. Finally, Piper Sandler upped their price objective on shares of Netflix from $840.00 to $950.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 14th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating, twenty-four have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $845.06.
Check Out Our Latest Stock Analysis on Netflix
Netflix Trading Up 1.3 %
Netflix (NASDAQ:NFLX – Get Free Report) last released its earnings results on Tuesday, January 21st. The Internet television network reported $4.27 EPS for the quarter, topping the consensus estimate of $4.21 by $0.06. The firm had revenue of $10.25 billion during the quarter, compared to analysts’ expectations of $10,141,900 billion. Netflix had a return on equity of 35.86% and a net margin of 20.70%. Netflix’s revenue for the quarter was up 16.0% on a year-over-year basis. During the same period in the previous year, the firm posted $2.11 EPS. Equities analysts forecast that Netflix will post 19.76 earnings per share for the current fiscal year.
Insider Activity at Netflix
In other news, Chairman Reed Hastings sold 48,363 shares of the firm’s stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $896.60, for a total transaction of $43,362,265.80. Following the transaction, the chairman now directly owns 114 shares in the company, valued at approximately $102,212.40. This trade represents a 99.76 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Richard N. Barton sold 5,698 shares of the stock in a transaction on Friday, October 25th. The stock was sold at an average price of $756.00, for a total transaction of $4,307,688.00. Following the sale, the director now owns 246 shares of the company’s stock, valued at approximately $185,976. This represents a 95.86 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 152,198 shares of company stock valued at $127,616,898 over the last quarter. 1.76% of the stock is owned by insiders.
About Netflix
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.
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