UBS Group Lowers Netflix (NASDAQ:NFLX) Price Target to $115.00

Netflix (NASDAQ:NFLX) had its price target dropped by stock analysts at UBS Group from $130.00 to $115.00 in a research report issued on Friday, MarketBeat.com reports. The brokerage currently has a “buy” rating on the Internet television network’s stock. UBS Group’s price objective points to a potential upside of 66.79% from the company’s current price.

Several other research analysts have also recently weighed in on the company. JPMorgan Chase & Co. restated a “buy” rating on shares of Netflix in a report on Wednesday, April 22nd. China Renaissance increased their price target on Netflix from $90.00 to $100.00 and gave the company a “hold” rating in a report on Friday, April 17th. Sanford C. Bernstein set a $95.00 price objective on Netflix and gave the stock an “outperform” rating in a research report on Friday. Seaport Research Partners boosted their price objective on Netflix from $115.00 to $119.00 and gave the stock a “buy” rating in a research note on Friday, April 17th. Finally, Barclays dropped their target price on Netflix from $85.00 to $80.00 and set an “equal weight” rating for the company in a report on Friday. Two analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating and sixteen have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $103.97.

Netflix Stock Down 7.3%

Shares of NFLX opened at $68.95 on Friday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.41 and a current ratio of 1.41. Netflix has a one year low of $65.08 and a one year high of $126.71. The stock has a market capitalization of $290.33 billion, a price-to-earnings ratio of 21.70, a PEG ratio of 0.88 and a beta of 1.52. The stock has a 50 day moving average price of $80.15 and a 200 day moving average price of $86.90.

Netflix (NASDAQ:NFLX) last announced its quarterly earnings data on Thursday, July 16th. The Internet television network reported $0.80 earnings per share for the quarter, beating analysts’ consensus estimates of $0.79 by $0.01. The company had revenue of $12.56 billion for the quarter, compared to analyst estimates of $12.58 billion. Netflix had a return on equity of 40.83% and a net margin of 28.22%.The firm’s revenue for the quarter was up 13.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.72 EPS. Equities research analysts forecast that Netflix will post 3.6 earnings per share for the current fiscal year.

Insider Activity

In related news, insider David A. Hyman sold 5,722 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $88.08, for a total value of $503,993.76. Following the transaction, the insider directly owned 316,100 shares in the company, valued at approximately $27,842,088. This represents a 1.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Reed Hastings sold 386,700 shares of the stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $85.97, for a total value of $33,244,599.00. Following the completion of the transaction, the director owned 3,940 shares of the company’s stock, valued at $338,721.80. The trade was a 98.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 899,839 shares of company stock worth $80,141,661. 1.24% of the stock is owned by company insiders.

Hedge Funds Weigh In On Netflix

A number of hedge funds have recently modified their holdings of the business. Northside Capital Management LLC grew its holdings in shares of Netflix by 1,686.2% during the 2nd quarter. Northside Capital Management LLC now owns 117,351 shares of the Internet television network’s stock worth $8,379,000 after purchasing an additional 110,781 shares during the period. Whitener Capital Management Inc. raised its holdings in Netflix by 9.6% in the 2nd quarter. Whitener Capital Management Inc. now owns 16,515 shares of the Internet television network’s stock valued at $1,179,000 after buying an additional 1,445 shares during the period. Tema ETFs LLC raised its holdings in Netflix by 10.7% in the 2nd quarter. Tema ETFs LLC now owns 84,291 shares of the Internet television network’s stock valued at $6,018,000 after buying an additional 8,120 shares during the period. West Branch Capital LLC lifted its position in Netflix by 3.2% in the second quarter. West Branch Capital LLC now owns 33,421 shares of the Internet television network’s stock valued at $2,386,000 after buying an additional 1,042 shares during the last quarter. Finally, Rise Advisors LLC lifted its position in Netflix by 7.7% in the second quarter. Rise Advisors LLC now owns 3,982 shares of the Internet television network’s stock valued at $284,000 after buying an additional 284 shares during the last quarter. 80.93% of the stock is currently owned by hedge funds and other institutional investors.

Netflix News Roundup

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Some analysts remain bullish, arguing Netflix still has strong long-term upside from margin expansion, advertising growth, and new engagement-driven content formats. Mark Mahaney Reiterates Buy on Netflix
• Positive Sentiment: Supportive commentary highlighted Netflix’s AI, ads, short-form video, and gaming strategy as potential growth catalysts for monetization and engagement. Ad Engagement & Content Opportunities Offer Bullish Edge for NFLX
• Neutral Sentiment: Several analysts cut price targets but mostly kept buy/overweight or hold ratings, signaling lower near-term expectations rather than a full thesis break. Laura Martin Maintains Buy on Netflix
• Negative Sentiment: Netflix’s weaker Q3 outlook and reduced engagement disclosure sparked concern that growth is slowing and management is becoming less transparent with investors. Netflix third-quarter earnings forecast falls shy of Wall Street expectations
• Negative Sentiment: Coverage across the market emphasized the post-earnings selloff, citing a revenue miss, soft guidance, and investor worries about future growth and competition. U.S. Chip Stocks Extend Slide; Netflix Tumbles on Growth Warning

About Netflix

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.