Netflix’s (NFLX) “Neutral” Rating Reiterated at Barclays

Barclays restated their neutral rating on shares of Netflix (NASDAQ:NFLX) in a report issued on Friday morning,MarketScreener Latest Ratings reports. The brokerage currently has a $110.00 target price on the Internet television network’s stock.

Other analysts also recently issued research reports about the company. Rosenblatt Securities restated a “buy” rating and issued a $152.00 target price (down previously from $153.00) on shares of Netflix in a research report on Friday, November 28th. Wall Street Zen downgraded shares of Netflix from a “buy” rating to a “hold” rating in a research note on Saturday, October 4th. Wedbush cut their price objective on shares of Netflix from $150.00 to $140.00 and set an “outperform” rating for the company in a research note on Wednesday, October 22nd. Piper Sandler reaffirmed an “overweight” rating and set a $140.00 target price (down previously from $150.00) on shares of Netflix in a report on Wednesday, October 22nd. Finally, Evercore ISI reissued an “outperform” rating and issued a $138.00 price target on shares of Netflix in a research note on Friday. Two investment analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $134.54.

Netflix Stock Down 2.9%

Shares of NASDAQ:NFLX opened at $100.24 on Friday. Netflix has a 52-week low of $82.11 and a 52-week high of $134.12. The firm has a fifty day moving average of $112.86 and a 200 day moving average of $119.12. The firm has a market capitalization of $424.75 billion, a PE ratio of 41.87, a price-to-earnings-growth ratio of 1.48 and a beta of 1.71. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.33 and a current ratio of 1.33.

Netflix (NASDAQ:NFLX) last released its quarterly earnings results on Tuesday, October 21st. The Internet television network reported $5.87 earnings per share for the quarter, beating analysts’ consensus estimates of $0.69 by $5.18. Netflix had a return on equity of 41.86% and a net margin of 24.05%.The business had revenue of $11.32 billion for the quarter, compared to the consensus estimate of $11.52 billion. During the same quarter last year, the business posted $0.54 earnings per share. The company’s revenue for the quarter was up 17.2% on a year-over-year basis. Netflix has set its Q4 2025 guidance at 5.450-5.450 EPS. As a group, research analysts anticipate that Netflix will post 24.58 EPS for the current fiscal year.

Insider Transactions at Netflix

In related news, CEO Theodore A. Sarandos sold 20,270 shares of the business’s stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $109.21, for a total transaction of $2,213,646.16. Following the transaction, the chief executive officer owned 151,680 shares in the company, valued at $16,564,669.44. The trade was a 11.79% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Spencer Adam Neumann sold 26,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $117.25, for a total value of $3,048,526.00. Following the transaction, the chief financial officer directly owned 36,910 shares of the company’s stock, valued at $4,327,734.41. The trade was a 41.33% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 1,619,840 shares of company stock valued at $181,648,613. Company insiders own 1.37% of the company’s stock.

Hedge Funds Weigh In On Netflix

Several hedge funds have recently made changes to their positions in the business. Imprint Wealth LLC bought a new position in Netflix in the 3rd quarter worth $25,000. Retirement Wealth Solutions LLC purchased a new position in shares of Netflix during the third quarter valued at about $28,000. Legacy Investment Solutions LLC purchased a new position in shares of Netflix during the second quarter valued at about $31,000. Steph & Co. raised its stake in Netflix by 188.9% in the third quarter. Steph & Co. now owns 26 shares of the Internet television network’s stock worth $31,000 after buying an additional 17 shares in the last quarter. Finally, Stephens Consulting LLC lifted its holdings in Netflix by 150.0% in the second quarter. Stephens Consulting LLC now owns 25 shares of the Internet television network’s stock worth $33,000 after buying an additional 15 shares during the period. 80.93% of the stock is owned by hedge funds and other institutional investors.

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.