William Blair Has Bullish Forecast for Netflix Q2 Earnings

Netflix, Inc. (NASDAQ:NFLX) – Analysts at William Blair upped their Q2 2025 earnings per share (EPS) estimates for shares of Netflix in a research report issued to clients and investors on Monday, April 21st. William Blair analyst R. Schackart now expects that the Internet television network will post earnings per share of $7.01 for the quarter, up from their previous forecast of $6.11. The consensus estimate for Netflix’s current full-year earnings is $24.58 per share. William Blair also issued estimates for Netflix’s Q3 2025 earnings at $6.40 EPS and Q4 2025 earnings at $4.99 EPS.

Netflix (NASDAQ:NFLX) last released its quarterly earnings results on Thursday, April 17th. The Internet television network reported $6.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.74 by $0.87. Netflix had a net margin of 22.34% and a return on equity of 38.32%. The firm had revenue of $10.54 billion during the quarter, compared to analyst estimates of $10.51 billion. During the same quarter last year, the business earned $8.28 EPS.

NFLX has been the subject of several other reports. Oppenheimer reaffirmed an “outperform” rating and issued a $1,200.00 price target (up from $1,150.00) on shares of Netflix in a research note on Friday. Seaport Res Ptn raised Netflix from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 15th. Barclays increased their price target on Netflix from $900.00 to $1,000.00 and gave the stock an “equal weight” rating in a report on Monday. Deutsche Bank Aktiengesellschaft boosted their price objective on Netflix from $650.00 to $875.00 and gave the company a “hold” rating in a report on Wednesday, January 22nd. Finally, Arete Research upgraded Netflix to a “hold” rating in a report on Thursday, January 23rd. Ten research analysts have rated the stock with a hold rating, twenty-seven have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Netflix presently has an average rating of “Moderate Buy” and an average price target of $1,070.65.

Netflix Stock Up 5.3 %

Shares of Netflix stock opened at $1,040.34 on Wednesday. The stock’s 50-day moving average is $954.01 and its 200 day moving average is $897.26. Netflix has a one year low of $544.25 and a one year high of $1,064.97. The firm has a market cap of $445.01 billion, a price-to-earnings ratio of 52.46, a PEG ratio of 2.12 and a beta of 1.55. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.22 and a quick ratio of 1.22.

Insider Buying and Selling

In other Netflix news, Director Ann Mather sold 2,682 shares of the company’s stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $973.00, for a total transaction of $2,609,586.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Gregory K. Peters sold 4,939 shares of the stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $1,030.00, for a total value of $5,087,170.00. Following the completion of the transaction, the chief executive officer now directly owns 12,950 shares of the company’s stock, valued at $13,338,500. This represents a 27.61 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 274,472 shares of company stock valued at $268,079,297 over the last quarter. 1.76% of the stock is owned by company insiders.

Institutional Trading of Netflix

Hedge funds have recently modified their holdings of the business. Vanguard Group Inc. increased its stake in shares of Netflix by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 37,488,005 shares of the Internet television network’s stock valued at $33,413,809,000 after purchasing an additional 171,712 shares in the last quarter. FMR LLC increased its position in Netflix by 1.8% during the 4th quarter. FMR LLC now owns 20,887,090 shares of the Internet television network’s stock valued at $18,617,081,000 after buying an additional 375,234 shares in the last quarter. Geode Capital Management LLC raised its stake in Netflix by 1.9% during the fourth quarter. Geode Capital Management LLC now owns 9,323,952 shares of the Internet television network’s stock valued at $8,287,823,000 after buying an additional 175,596 shares during the last quarter. GAMMA Investing LLC raised its stake in Netflix by 109,524.3% during the first quarter. GAMMA Investing LLC now owns 8,835,722 shares of the Internet television network’s stock valued at $8,239,576,000 after buying an additional 8,827,662 shares during the last quarter. Finally, Norges Bank bought a new stake in Netflix in the fourth quarter worth $5,019,087,000. Institutional investors own 80.93% of the company’s stock.

Netflix Company Profile

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.