Netflix (NASDAQ:NFLX) Stock Price Down 1.1% – Here’s Why

Netflix, Inc. (NASDAQ:NFLX) shares dropped 1.1% on Tuesday. The stock traded as low as $62.60 and last traded at $63.26. Approximately 26,820,907 shares traded hands during trading, a decline of 37% from the average session volume of 42,696,727 shares. The stock had previously closed at $63.95.

Netflix News Summary

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix’s EMEA revenue grew 11% year over year in Q3 2026, indicating continued international momentum. The company’s regional chief also warned that maintaining growth depends on preserving creative freedom amid European regulation. Netflix boss on creativity and regulation in Europe
• Neutral Sentiment: Netflix is promoting its service with an international campaign featuring 35mm film and a social series about creatives’ unexpected viewing favorites. The effort may support brand engagement, but no direct financial impact was reported. Netflix embraces 35mm film in international campaign
• Neutral Sentiment: Netflix was mentioned among media stocks that declined as investors reacted to weakness in the newly combined Warner Bros.–Paramount’s film outlook. The article suggested the studio’s problems and debt were a more direct concern for that company than for Netflix. Skydance, Warner Bros., Netflix and Disney
• Negative Sentiment: Investor confidence has been challenged by signs of slower Netflix growth and evidence that viewers may be watching less. The company has responded with a content leadership shake-up, but the article frames the engagement concerns as a reason for the stock’s October decline. Why Netflix Stock Plunged 11% in October

Analysts Set New Price Targets

A number of analysts have issued reports on the company. Citigroup reaffirmed a “buy” rating and issued a $85.00 price objective (down from $100.00) on shares of Netflix in a research note on Wednesday, October 21st. China Intl Cap upgraded Netflix to a “strong-buy” rating in a research report on Tuesday, July 21st. Pivotal Research reissued a “hold” rating and issued a $65.00 target price (down from $70.00) on shares of Netflix in a report on Wednesday, October 21st. Needham & Company LLC cut shares of Netflix from a “buy” rating to a “hold” rating in a research report on Wednesday, October 21st. Finally, TD Cowen restated a “buy” rating and issued a $100.00 price target on shares of Netflix in a research report on Wednesday, October 21st. Two research analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, seventeen have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $89.14.

Netflix Price Performance

The firm has a fifty day simple moving average of $70.68 and a 200 day simple moving average of $80.86. The company has a market capitalization of $259.77 billion, a PE ratio of 18.28, a P/E/G ratio of 0.97 and a beta of 1.62. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.07 and a current ratio of 1.07.

Netflix (NASDAQ:NFLX) last announced its quarterly earnings results on Tuesday, October 20th. The Internet television network reported $0.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $12.87 billion. During the same period last year, the business posted $0.59 EPS. The business’s revenue was up 11.9% compared to the same quarter last year. Equities analysts anticipate that Netflix, Inc. will post 3.59 EPS for the current year.

Insider Buying and Selling at Netflix

In related news, CEO Theodore A. Sarandos sold 27,312 shares of Netflix stock in a transaction on Wednesday, November 4th. The shares were sold at an average price of $66.20, for a total value of $1,808,054.40. Following the sale, the chief executive officer owned 178,954 shares of the company’s stock, valued at approximately $11,846,754.80. This trade represents a 13.24% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Spencer Neumann sold 9,253 shares of the stock in a transaction that occurred on Wednesday, November 4th. The shares were sold at an average price of $66.15, for a total value of $612,085.95. Following the transaction, the chief financial officer directly owned 73,787 shares of the company’s stock, valued at $4,881,010.05. The trade was a 11.14% decrease in their position. 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. In the last three months, insiders have sold 61,712 shares of company stock worth $4,051,144. Insiders own 1.24% of the company’s stock.

Institutional Trading of Netflix

Hedge funds have recently made changes to their positions in the company. Stelac Advisory Services LLC purchased a new position in shares of Netflix in the third quarter valued at approximately $1,772,000. Prasad Wealth Partners LLC increased its stake in Netflix by 23.1% during the 3rd quarter. Prasad Wealth Partners LLC now owns 18,613 shares of the Internet television network’s stock worth $1,295,000 after buying an additional 3,495 shares during the period. Public Sector Pension Investment Board increased its stake in Netflix by 12.3% during the 3rd quarter. Public Sector Pension Investment Board now owns 3,435,593 shares of the Internet television network’s stock worth $243,360,000 after buying an additional 377,095 shares during the period. South Dakota Investment Council increased its stake in Netflix by 26.2% during the 3rd quarter. South Dakota Investment Council now owns 199,578 shares of the Internet television network’s stock worth $13,887,000 after buying an additional 41,479 shares during the period. Finally, Goodman Financial Corp lifted its holdings in Netflix by 0.3% during the 3rd quarter. Goodman Financial Corp now owns 224,688 shares of the Internet television network’s stock worth $15,634,000 after buying an additional 708 shares in the last quarter. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Netflix Company Profile

Netflix, Inc. is an entertainment company that offers subscription-based streaming of television series, films, documentaries and other programming. Its service also includes mobile games and, in some markets, advertising-supported viewing plans. Netflix produces and licenses content, including titles made under its Netflix brand. Founded in 1997 by Reed Hastings and Marc Randolph as a DVD-by-mail rental business, the company launched its streaming service in 2007 and later expanded into original programming.