Netflix, Inc. (NASDAQ:NFLX) Stock Has Average Target Price of $93.38 According to Analysts

Netflix, Inc. (NASDAQ:NFLX) has been given an average rating of “Moderate Buy” by the fifty-six brokerages that are covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, seventeen have assigned a hold recommendation, thirty-four have assigned a buy recommendation and three have assigned a strong buy recommendation to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $89.59.

A number of brokerages have weighed in on NFLX. Morgan Stanley set a $77.00 price objective on shares of Netflix and gave the stock an “overweight” rating in a report on Wednesday. CICC Research lowered their target price on shares of Netflix from $110.00 to $90.00 and set an “outperform” rating for the company in a report on Tuesday, July 21st. Jefferies Financial Group set a $85.00 target price on shares of Netflix and gave the company a “buy” rating in a report on Thursday, October 15th. Wedbush dropped their price target on Netflix from $105.00 to $90.00 and set an “outperform” rating on the stock in a research report on Friday, October 16th. Finally, BMO Capital Markets restated an “outperform” rating and issued a $125.00 price target (down from $135.00) on shares of Netflix in a research note on Friday, October 16th.

Insider Buying and Selling at Netflix

In other news, CFO Spencer Neumann sold 9,248 shares of the stock in a transaction on Monday, August 10th. The stock was sold at an average price of $75.79, for a total value of $700,905.92. Following the sale, the chief financial officer directly owned 73,787 shares of the company’s stock, valued at approximately $5,592,316.73. This represents a 11.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider David A. Hyman sold 5,723 shares of the firm’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $72.85, for a total value of $416,920.55. Following the transaction, the insider owned 316,100 shares of the company’s stock, valued at $23,027,885. The trade was a 1.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 179,045 shares of company stock valued at $13,132,194 in the last ninety days. Corporate insiders own 1.24% of the company’s stock.

Hedge Funds Weigh In On Netflix

A number of hedge funds have recently bought and sold shares of NFLX. BlackRock Inc. bought a new position in shares of Netflix in the second quarter worth approximately $24,902,221,000. State Street Corp grew its holdings in shares of Netflix by 4.9% during the second quarter. State Street Corp now owns 180,129,582 shares of the Internet television network’s stock valued at $12,861,252,000 after buying an additional 8,474,820 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of Netflix by 4.3% during the first quarter. Bank of America Corp DE now owns 57,942,812 shares of the Internet television network’s stock valued at $5,571,201,000 after buying an additional 2,376,349 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in shares of Netflix during the second quarter valued at approximately $1,906,482,000. Finally, Legal & General Group Plc bought a new stake in shares of Netflix during the second quarter valued at approximately $1,886,526,000. Institutional investors own 80.93% of the company’s stock.

Netflix Stock Down 1.8%

NASDAQ:NFLX opened at $65.85 on Wednesday. The firm’s 50-day moving average price is $74.27 and its 200-day moving average price is $79.64. The company has a market capitalization of $270.40 billion, a PE ratio of 22.88, a P/E/G ratio of 0.98 and a beta of 1.62. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.07 and a quick ratio of 1.14. Netflix has a 1-year low of $64.10 and a 1-year high of $116.73.

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

Netflix News Summary

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.