JPMorgan Chase & Co. Has Lowered Expectations for Netflix (NASDAQ:NFLX) Stock Price

Netflix (NASDAQ:NFLX) had its price target lowered by JPMorgan Chase & Co. from $120.00 to $118.00 in a research note issued on Friday,MarketScreener reports. The firm presently has an “overweight” rating on the Internet television network’s stock. JPMorgan Chase & Co.‘s price target points to a potential upside of 22.63% from the stock’s previous close.

A number of other research firms have also recently issued reports on NFLX. Royal Bank Of Canada restated a “hold” rating on shares of Netflix in a research report on Wednesday, January 21st. Morgan Stanley reiterated an “overweight” rating on shares of Netflix in a research note on Friday. Bank of America lowered their price target on shares of Netflix from $149.00 to $125.00 and set a “buy” rating on the stock in a report on Friday, March 6th. Moffett Nathanson raised their price objective on shares of Netflix from $115.00 to $120.00 and gave the stock a “buy” rating in a report on Tuesday. Finally, Benchmark reissued a “hold” rating on shares of Netflix in a research note on Tuesday, January 13th. Two research analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating and fourteen have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $114.82.

Netflix Trading Down 10.7%

NASDAQ:NFLX opened at $96.23 on Friday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.19 and a current ratio of 1.19. The stock’s 50 day moving average price is $91.90 and its 200 day moving average price is $98.56. Netflix has a 52 week low of $75.01 and a 52 week high of $134.12. The company has a market capitalization of $406.29 billion, a P/E ratio of 42.66, a P/E/G ratio of 1.58 and a beta of 1.67.

Netflix (NASDAQ:NFLX) last issued its quarterly earnings results on Thursday, April 16th. The Internet television network reported $1.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.47. The firm had revenue of $12.25 billion for the quarter, compared to analyst estimates of $12.17 billion. Netflix had a return on equity of 43.26% and a net margin of 24.30%.The company’s quarterly revenue was up 16.2% compared to the same quarter last year. During the same period in the previous year, the company posted $6.61 earnings per share. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, research analysts forecast that Netflix will post 24.58 EPS for the current fiscal year.

Insiders Place Their Bets

In other Netflix news, CFO Spencer Adam Neumann sold 57,260 shares of the business’s stock in a transaction on Friday, February 27th. The stock was sold at an average price of $95.50, for a total value of $5,468,330.00. Following the transaction, the chief financial officer owned 73,787 shares of the company’s stock, valued at approximately $7,046,658.50. The trade was a 43.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider David A. Hyman sold 5,727 shares of the stock in a transaction 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 sale, the insider owned 316,100 shares in the company, valued at $25,623,066. The trade was a 1.78% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 1,487,794 shares of company stock worth $136,255,772. 1.37% of the stock is owned by company insiders.

Institutional Investors Weigh In On Netflix

A number of hedge funds have recently added to or reduced their stakes in NFLX. First Financial Corp IN lifted its position in shares of Netflix by 900.0% during the fourth quarter. First Financial Corp IN now owns 270 shares of the Internet television network’s stock worth $25,000 after purchasing an additional 243 shares in the last quarter. DiNuzzo Private Wealth Inc. increased its holdings in shares of Netflix by 885.2% in the fourth quarter. DiNuzzo Private Wealth Inc. now owns 266 shares of the Internet television network’s stock valued at $25,000 after purchasing an additional 239 shares in the last quarter. Turning Point Benefit Group Inc. raised its position in Netflix by 13,400.0% in the 4th quarter. Turning Point Benefit Group Inc. now owns 270 shares of the Internet television network’s stock worth $25,000 after purchasing an additional 268 shares during the last quarter. Imprint Wealth LLC bought a new position in Netflix in the 3rd quarter worth approximately $25,000. Finally, Cornerstone Financial Management LLC acquired a new position in Netflix during the 4th quarter worth $26,000. Institutional investors own 80.93% of the company’s stock.

Trending Headlines about Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Q1 beat: Netflix reported $1.23 EPS and $12.25B revenue, both above consensus, with strong cash flow and margin expansion — evidence the core business is still generating robust profits. Earnings Transcript
• Positive Sentiment: Monetization tailwinds: Management highlighted price increases and growing ad revenues as durable profit drivers, which support longer‑term margin upside even if near‑term guidance is cautious. MarketWatch: Profit Boost
• Positive Sentiment: Some analysts see the sell‑off as a buying opportunity — firms including Needham and TD Cowen kept bullish views, calling the pullback a chance to buy exposure to ad growth and pricing leverage. Analyst Buy Views
• Neutral Sentiment: Full‑year outlook left broadly unchanged — management reiterated longer‑term targets even as it trimmed near‑term cadence, so the pullback centers on timing rather than an admission of structural decline. Yahoo: Full‑Year Outlook
• Negative Sentiment: Weaker Q2 guidance: Netflix set Q2 EPS guidance at $0.78 and revenue around $12.57B — slightly below Street revenue/margin expectations and cited lower year‑over‑year operating margin, which triggered the sell‑off. Financial Post: Guidance Miss
• Negative Sentiment: Leadership change: Co‑founder and chairman Reed Hastings will not stand for re‑election to the board in June — investors see timing as awkward coming with softer near‑term guidance, increasing governance/transition risk. Reuters: Hastings Exit
• Negative Sentiment: Analyst downgrade/target cuts add pressure: Rosenblatt trimmed its target to $95 with a Neutral rating and several firms issued cautious notes — amplifying downside in the immediate term. Benzinga: Rosenblatt Cut

Netflix Company Profile

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.