Wedbush Brokers Reduce Earnings Estimates for Netflix

Netflix, Inc. (NASDAQ:NFLX) – Research analysts at Wedbush lowered their Q1 2025 EPS estimates for shares of Netflix in a research report issued to clients and investors on Wednesday, January 22nd. Wedbush analyst A. Reese now expects that the Internet television network will earn $5.75 per share for the quarter, down from their previous estimate of $5.88. Wedbush has a “Outperform” rating and a $1,150.00 price target on the stock. The consensus estimate for Netflix’s current full-year earnings is $23.43 per share. Wedbush also issued estimates for Netflix’s Q2 2025 earnings at $6.17 EPS, Q3 2025 earnings at $6.80 EPS, Q4 2025 earnings at $5.60 EPS, FY2025 earnings at $24.32 EPS, Q1 2026 earnings at $7.10 EPS, Q2 2026 earnings at $7.29 EPS, Q3 2026 earnings at $7.97 EPS, Q4 2026 earnings at $6.69 EPS, FY2026 earnings at $29.05 EPS and FY2027 earnings at $34.09 EPS.

A number of other brokerages have also weighed in on NFLX. Macquarie lifted their price objective on shares of Netflix from $965.00 to $1,150.00 and gave the company an “outperform” rating in a report on Wednesday. Benchmark upgraded Netflix from a “sell” rating to a “hold” rating in a report on Wednesday. Guggenheim raised their price objective on Netflix from $950.00 to $1,100.00 and gave the stock a “buy” rating in a report on Wednesday. Bank of America lifted their target price on Netflix from $1,000.00 to $1,175.00 and gave the company a “buy” rating in a research report on Wednesday. Finally, Citigroup increased their price target on Netflix from $725.00 to $920.00 and gave the stock a “neutral” rating in a research report on Thursday, December 5th. Nine research analysts have rated the stock with a hold rating, twenty-six have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Netflix currently has a consensus rating of “Moderate Buy” and a consensus target price of $993.82.

Netflix Stock Up 9.7 %

NASDAQ:NFLX opened at $953.99 on Thursday. The company has a market cap of $407.79 billion, a price-to-earnings ratio of 48.11, a price-to-earnings-growth ratio of 1.41 and a beta of 1.27. Netflix has a twelve month low of $481.40 and a twelve month high of $999.00. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.62. The stock has a fifty day simple moving average of $889.11 and a 200-day simple moving average of $763.41.

Netflix (NASDAQ:NFLX) last issued its quarterly earnings results on Tuesday, January 21st. The Internet television network reported $4.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.20 by $0.07. The firm had revenue of $10.25 billion during the quarter, compared to analyst estimates of $10,141,900 billion. Netflix had a return on equity of 39.48% and a net margin of 22.34%. Netflix’s quarterly revenue was up 16.0% compared to the same quarter last year. During the same period last year, the company earned $2.11 EPS.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in NFLX. Advisory Resource Group lifted its stake in Netflix by 0.7% in the 3rd quarter. Advisory Resource Group now owns 1,746 shares of the Internet television network’s stock worth $1,238,000 after purchasing an additional 12 shares in the last quarter. Insight Wealth Strategies LLC lifted its position in Netflix by 1.9% during the fourth quarter. Insight Wealth Strategies LLC now owns 656 shares of the Internet television network’s stock worth $585,000 after buying an additional 12 shares in the last quarter. Sunflower Bank N.A. boosted its stake in Netflix by 2.1% during the fourth quarter. Sunflower Bank N.A. now owns 575 shares of the Internet television network’s stock worth $513,000 after buying an additional 12 shares during the last quarter. D.B. Root & Company LLC grew its holdings in Netflix by 4.1% in the 4th quarter. D.B. Root & Company LLC now owns 331 shares of the Internet television network’s stock valued at $295,000 after buying an additional 13 shares in the last quarter. Finally, New World Advisors LLC increased its stake in shares of Netflix by 2.0% in the 3rd quarter. New World Advisors LLC now owns 724 shares of the Internet television network’s stock worth $514,000 after acquiring an additional 14 shares during the last quarter. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Insider Buying and Selling at Netflix

In other Netflix news, Director Timothy M. Haley sold 11,090 shares of the business’s stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $757.96, for a total value of $8,405,776.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Richard N. Barton sold 5,698 shares of the company’s stock in a transaction that occurred on Friday, October 25th. The stock was sold at an average price of $756.00, for a total value of $4,307,688.00. Following the completion of the sale, the director now owns 246 shares in the company, valued at approximately $185,976. This represents a 95.86 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 152,198 shares of company stock valued at $127,616,898. 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.