Netflix’s (NFLX) “Market Perform” Rating Reiterated at Citizens Jmp

Citizens Jmp reaffirmed their market perform rating on shares of Netflix (NASDAQ:NFLX) in a research report sent to investors on Wednesday,Benzinga reports.

Other research analysts have also recently issued research reports about the company. CICC Research cut their price objective on Netflix from $110.00 to $90.00 and set an “outperform” rating for the company in a research report on Tuesday, July 21st. Robert W. Baird set a $90.00 target price on Netflix and gave the company an “outperform” rating in a report on Wednesday, July 22nd. Piper Sandler restated an “overweight” rating and set a $85.00 target price (down from $115.00) on shares of Netflix in a research report on Friday, July 17th. DZ Bank reaffirmed a “buy” rating on shares of Netflix in a research note on Monday, July 20th. Finally, Yorkville Ives assumed coverage on shares of Netflix in a report on Monday, October 5th. They issued an “in-line” rating and a $75.00 price target for the company. Three research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, seventeen have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Netflix currently has an average rating of “Moderate Buy” and a consensus price target of $89.59.

Netflix Stock Performance

Shares of NFLX stock opened at $65.85 on Wednesday. The company has a market cap of $270.40 billion, a price-to-earnings ratio of 22.88, a price-to-earnings-growth ratio of 0.98 and a beta of 1.62. The stock has a 50 day simple moving average of $74.27 and a 200-day simple moving average of $79.64. Netflix has a 12-month low of $64.10 and a 12-month high of $116.73. The company has a current ratio of 1.07, a quick ratio of 1.14 and a debt-to-equity ratio of 0.43.

Netflix (NASDAQ:NFLX) last posted its quarterly earnings results on Tuesday, October 20th. The Internet television network reported $0.87 EPS for the quarter, beating the consensus estimate of $0.82 by $0.05. Netflix had a return on equity of 42.69% and a net margin of 29.69%. The business had revenue of $12.87 billion during the quarter, compared to analysts’ expectations of $12.87 billion. During the same period last year, the firm earned $0.59 EPS. The company’s quarterly revenue was up 11.9% compared to the same quarter last year. On average, equities analysts forecast that Netflix will post 3.59 EPS for the current year.

Insiders Place Their Bets

In related news, CFO Spencer Neumann sold 9,248 shares of Netflix stock in a transaction on Monday, August 10th. The stock was sold at an average price of $75.79, for a total transaction of $700,905.92. Following the completion of the transaction, the chief financial officer directly owned 73,787 shares of the company’s stock, valued at approximately $5,592,316.73. The trade was a 11.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider David A. Hyman sold 5,723 shares of the business’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $72.85, for a total value of $416,920.55. Following the sale, the insider owned 316,100 shares in the company, valued at approximately $23,027,885. The trade was a 1.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders have sold 179,045 shares of company stock worth $13,132,194. 1.24% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Merkkuri Wealth Advisors LLC purchased a new stake in shares of Netflix in the 1st quarter worth about $31,000. Bayban grew its stake in Netflix by 400.0% in the 1st quarter. Bayban now owns 350 shares of the Internet television network’s stock valued at $34,000 after acquiring an additional 280 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd purchased a new position in Netflix during the 2nd quarter valued at about $26,000. Sawyer & Company Inc purchased a new position in Netflix during the 3rd quarter valued at about $27,000. Finally, Compound Global Advisors LLC purchased a new position in Netflix during the 2nd quarter valued at about $29,000. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Key Stories Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix reported third-quarter EPS of $0.87, ahead of the $0.82 consensus estimate, while revenue reached $12.87 billion. Operating margin rose to 34.6%, supporting the argument that the core streaming business remains highly profitable. Can Netflix Stock Hold Margin Gains as Content Spending Keeps Growing?
• Positive Sentiment: Longer-term bulls argue that Netflix’s profitability, systematic share repurchases, local-language content, and continued subscriber retention could create meaningful upside after the sell-off. Bill Ackman has also returned to the stock and expects annualized returns above 20%. Bill Ackman Lost $400 Million on Netflix
• Positive Sentiment: Ark Invest’s Cathie Wood bought 18,000 Netflix shares, signaling that some growth-oriented investors view the two-year-low valuation as an opportunity. Cathie Wood Just Bought Netflix Stock
• Neutral Sentiment: Netflix is reportedly planning layoffs at its Bay Area headquarters. The cuts could reduce costs, but they also raise questions about operating priorities and employee productivity. Netflix Stock Slips as Layoffs Hit Bay Area Headquarters
• Neutral Sentiment: Paramount Skydance’s completed merger highlights intensifying competition for scale and content across the entertainment industry, potentially increasing pressure on Netflix to sustain its content advantage. Could Skydance Be Bigger Than Disney?
• Negative Sentiment: Management reduced its 2026 advertising-revenue outlook to approximately $2.7 billion from about $3 billion. Softer ad growth undermines a major part of Netflix’s expansion thesis and overshadowed the earnings beat. Netflix Cut Its 2026 Ad Forecast by $300 Million
• Negative Sentiment: Disappointing fourth-quarter revenue guidance and decelerating growth have led investors to discount the strong quarterly results. Netflix’s reduced 2026 free-cash-flow outlook is another concern as content spending continues to rise. Netflix Has Lower FCF Guidance
• Negative Sentiment: Several analysts lowered their price targets or ratings after the report. One fair-value estimate fell from $92.62 to $86.24, while UBS, Guggenheim, and Needham adopted more cautious views. Netflix Stock Fair Value Falls After Cautious Q3 Analyst Revisions
• Negative Sentiment: Reports indicate viewing time is declining even though subscribers are staying, suggesting weaker engagement. YouTube and lower-cost streaming alternatives may also be contributing to slower revenue growth. Netflix Is Losing Viewers

Netflix Company Profile

Netflix, Inc (NASDAQ:NFLX) is a global entertainment company that provides subscription-based streaming services. Its platform offers a broad selection of television series, films, documentaries, stand-up specials and other programming, including content produced by Netflix and licensed from third-party studios and creators.

The company also develops and distributes original productions under the Netflix brand and has expanded into additional entertainment offerings, including mobile and cloud-based games in select markets and live programming.