FY2026 EPS Estimates for Netflix Decreased by Analyst

Netflix, Inc. (NASDAQ:NFLX) – Analysts at Erste Group Bank cut their FY2026 earnings per share estimates for shares of Netflix in a research note issued on Wednesday, July 15th. Erste Group Bank analyst H. Engel now anticipates that the Internet television network will post earnings of $3.58 per share for the year, down from their prior estimate of $3.59. Erste Group Bank currently has a “Hold” rating on the stock. The consensus estimate for Netflix’s current full-year earnings is $3.60 per share. Erste Group Bank also issued estimates for Netflix’s FY2027 earnings at $3.84 EPS.

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, topping the consensus estimate of $0.79 by $0.01. The business had revenue of $12.56 billion during the quarter, compared to the consensus estimate of $12.58 billion. Netflix had a return on equity of 40.83% and a net margin of 28.22%.Netflix’s revenue for the quarter was up 13.4% on a year-over-year basis. During the same period in the prior year, the company earned $0.72 EPS.

A number of other research firms also recently weighed in on NFLX. Citigroup restated a “buy” rating and issued a $100.00 price target (down from $115.00) on shares of Netflix in a research note on Thursday, July 9th. Wedbush lowered their price objective on shares of Netflix from $118.00 to $105.00 and set an “outperform” rating for the company in a research report on Friday. HSBC increased their price objective on shares of Netflix from $106.00 to $114.00 and gave the company a “buy” rating in a research note on Friday, April 10th. JPMorgan Chase & Co. cut their target price on shares of Netflix from $118.00 to $85.00 and set an “overweight” rating on the stock in a research report on Friday. Finally, Piper Sandler reaffirmed an “overweight” rating and set a $85.00 target price (down from $115.00) on shares of Netflix in a research note on Friday. Two investment analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating and sixteen have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $103.97.

Netflix Stock Down 7.3%

Shares of NASDAQ NFLX opened at $68.95 on Friday. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.43. The company has a market cap of $290.33 billion, a price-to-earnings ratio of 21.70, a PEG ratio of 0.88 and a beta of 1.52. Netflix has a 12 month low of $65.08 and a 12 month high of $126.71. The stock has a 50-day moving average price of $80.15 and a two-hundred day moving average price of $86.90.

Insider Activity at Netflix

In other news, insider David A. Hyman sold 5,722 shares of the business’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $88.08, for a total transaction of $503,993.76. Following the sale, the insider directly owned 316,100 shares in the company, valued at approximately $27,842,088. The trade was a 1.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Gregory K. Peters sold 27,312 shares of the company’s stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $88.69, for a total value of $2,422,301.28. Following the completion of the transaction, the chief executive officer directly owned 120,931 shares of the company’s stock, valued at $10,725,370.39. This represents a 18.42% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 899,839 shares of company stock valued at $80,141,661. Corporate insiders own 1.24% of the company’s stock.

Hedge Funds Weigh In On Netflix

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Pacific Sun Financial Corp raised its stake in shares of Netflix by 1.6% in the third quarter. Pacific Sun Financial Corp now owns 574 shares of the Internet television network’s stock valued at $688,000 after buying an additional 9 shares during the period. Beaird Harris Wealth Management LLC grew its stake in shares of Netflix by 9.6% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 114 shares of the Internet television network’s stock worth $137,000 after acquiring an additional 10 shares during the period. Monograph Wealth Advisors LLC increased its holdings in Netflix by 1.8% in the 2nd quarter. Monograph Wealth Advisors LLC now owns 682 shares of the Internet television network’s stock worth $913,000 after acquiring an additional 12 shares during the last quarter. Resources Management Corp CT ADV increased its holdings in Netflix by 2.0% in the 2nd quarter. Resources Management Corp CT ADV now owns 829 shares of the Internet television network’s stock worth $1,110,000 after acquiring an additional 16 shares during the last quarter. Finally, Sompo Asset Management Co. Ltd. raised its stake in Netflix by 1.4% in the 2nd quarter. Sompo Asset Management Co. Ltd. now owns 1,500 shares of the Internet television network’s stock valued at $2,009,000 after acquiring an additional 20 shares during the period. 80.93% of the stock is currently owned by institutional investors and hedge funds.

More Netflix News

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.