Netflix (NASDAQ:NFLX) Earns Buy Rating from UBS Group

Netflix (NASDAQ:NFLX)‘s stock had its “buy” rating reissued by analysts at UBS Group in a note issued to investors on Monday,MarketScreener Latest Ratings reports. They presently have a $150.00 price target on the Internet television network’s stock. UBS Group’s target price points to a potential upside of 55.10% from the company’s previous close.

Several other research analysts have also recently issued reports on the company. Erste Group Bank cut Netflix from a “buy” rating to a “hold” rating in a research report on Friday, October 31st. Morgan Stanley set a $150.00 price target on Netflix in a report on Monday, October 13th. KGI Securities upgraded shares of Netflix from a “neutral” rating to an “outperform” rating and set a $135.00 price target on the stock in a research note on Monday, November 3rd. Pivotal Research cut shares of Netflix from a “buy” rating to a “hold” rating and cut their price objective for the stock from $160.00 to $105.00 in a report on Monday. Finally, Loop Capital lowered their target price on shares of Netflix from $135.00 to $132.50 in a report on Wednesday, October 22nd. Two analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $131.70.

Netflix Trading Down 0.1%

NASDAQ NFLX opened at $96.71 on Monday. Netflix has a 52 week low of $82.11 and a 52 week high of $134.12. The firm has a 50 day moving average of $111.92 and a two-hundred day moving average of $118.81. The stock has a market capitalization of $409.79 billion, a PE ratio of 40.40, a price-to-earnings-growth ratio of 1.43 and a beta of 1.71. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.56.

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

Insider Activity

In other Netflix news, CEO Gregory K. Peters sold 20,270 shares of the firm’s stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $109.57, for a total transaction of $2,220,943.36. Following the transaction, the chief executive officer directly owned 127,810 shares of the company’s stock, valued at approximately $14,003,886.08. This trade represents a 13.69% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Theodore A. Sarandos sold 20,270 shares of the company’s stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $109.21, for a total transaction of $2,213,646.16. Following the completion of the sale, the chief executive officer directly owned 151,680 shares of the company’s stock, valued at $16,564,669.44. The trade was a 11.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,619,840 shares of company stock worth $181,648,613 over the last 90 days. 1.37% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of NFLX. Norges Bank acquired a new position in shares of Netflix in the second quarter valued at approximately $7,929,645,000. Laurel Wealth Advisors LLC grew its position in Netflix by 128,553.9% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 4,881,129 shares of the Internet television network’s stock valued at $6,536,466,000 after buying an additional 4,877,335 shares during the last quarter. Kingstone Capital Partners Texas LLC increased its stake in Netflix by 343,058.2% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 2,463,876 shares of the Internet television network’s stock valued at $3,299,450,000 after buying an additional 2,463,158 shares during the period. Amundi increased its stake in Netflix by 37.7% in the 1st quarter. Amundi now owns 2,070,221 shares of the Internet television network’s stock valued at $1,898,496,000 after buying an additional 567,251 shares during the period. Finally, Viking Global Investors LP purchased a new position in Netflix during the 3rd quarter worth $600,434,000. 80.93% of the stock is currently 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.