Netflix (NASDAQ:NFLX) Earns “Outperform” Rating from Wedbush

Netflix (NASDAQ:NFLXGet Free Report)‘s stock had its “outperform” rating reaffirmed by stock analysts at Wedbush in a research report issued on Friday,Benzinga reports. They currently have a $115.00 target price on the Internet television network’s stock. Wedbush’s price objective points to a potential upside of 49.35% from the stock’s current price.

NFLX has been the topic of a number of other research reports. Guggenheim dropped their price objective on shares of Netflix from $145.00 to $130.00 and set a “buy” rating on the stock in a report on Wednesday, January 21st. HSBC decreased their price target on shares of Netflix from $107.00 to $106.00 and set a “buy” rating on the stock in a research report on Wednesday, January 21st. President Capital raised shares of Netflix from a “neutral” rating to a “buy” rating and set a $130.00 price objective for the company in a research report on Monday, November 3rd. Rosenblatt Securities reaffirmed a “neutral” rating and issued a $94.00 target price (down from $105.00) on shares of Netflix in a report on Friday, January 16th. Finally, Benchmark reiterated a “hold” rating on shares of Netflix in a research report on Tuesday, January 13th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating and sixteen have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $116.08.

Check Out Our Latest Stock Analysis on NFLX

Netflix Stock Performance

NFLX stock opened at $77.00 on Friday. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.19 and a quick ratio of 1.19. Netflix has a 1 year low of $75.23 and a 1 year high of $134.12. The company has a market cap of $325.11 billion, a P/E ratio of 30.47, a price-to-earnings-growth ratio of 1.39 and a beta of 1.71. The stock’s fifty day moving average price is $87.24 and its 200-day moving average price is $105.89.

Netflix (NASDAQ:NFLXGet Free Report) last posted its earnings results on Tuesday, January 20th. The Internet television network reported $0.56 earnings per share for the quarter, beating analysts’ consensus estimates of $0.55 by $0.01. The company had revenue of $12.05 billion for the quarter, compared to the consensus estimate of $11.97 billion. Netflix had a return on equity of 43.26% and a net margin of 24.30%.Netflix’s revenue was up 17.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.43 earnings per share. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. On average, equities analysts forecast that Netflix will post 24.58 earnings per share for the current year.

Insider Activity at Netflix

In related news, insider David A. Hyman sold 5,727 shares of the business’s stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $81.06, for a total value of $464,230.62. Following the transaction, the insider directly owned 316,100 shares of the company’s stock, valued at approximately $25,623,066. The trade was a 1.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Reed Hastings sold 390,970 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $83.63, for a total value of $32,696,821.10. Following the completion of the transaction, the director owned 3,940 shares of the company’s stock, valued at $329,502.20. The trade was a 99.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 1,399,163 shares of company stock worth $129,899,103 in the last three months. Corporate insiders own 1.37% of the company’s stock.

Institutional Trading of Netflix

A number of institutional investors and hedge funds have recently bought and sold shares of NFLX. One Day In July LLC grew its holdings in Netflix by 3.3% during the 2nd quarter. One Day In July LLC now owns 278 shares of the Internet television network’s stock valued at $372,000 after buying an additional 9 shares in the last quarter. Able Wealth Management LLC boosted its position in shares of Netflix by 1.2% during the 2nd quarter. Able Wealth Management LLC now owns 763 shares of the Internet television network’s stock valued at $1,022,000 after acquiring an additional 9 shares during the last quarter. One Wealth Capital Management LLC grew its holdings in shares of Netflix by 0.5% in the second quarter. One Wealth Capital Management LLC now owns 1,767 shares of the Internet television network’s stock valued at $2,366,000 after purchasing an additional 9 shares in the last quarter. Bell Investment Advisors Inc increased its position in Netflix by 3.1% in the second quarter. Bell Investment Advisors Inc now owns 298 shares of the Internet television network’s stock worth $399,000 after purchasing an additional 9 shares during the last quarter. Finally, Weaver Consulting Group raised its stake in Netflix by 4.1% during the second quarter. Weaver Consulting Group now owns 231 shares of the Internet television network’s stock valued at $309,000 after purchasing an additional 9 shares in the last quarter. 80.93% of the stock is currently owned by institutional investors.

Key Headlines Impacting Netflix

Here are the key news stories impacting Netflix this week:

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.

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