Wedbush Reiterates “Outperform” Rating for Netflix (NASDAQ:NFLX)

Netflix (NASDAQ:NFLX)‘s stock had its “outperform” rating reissued by research analysts at Wedbush in a research report issued to clients and investors on Wednesday,Benzinga reports. They currently have a $115.00 target price on the Internet television network’s stock. Wedbush’s price target would indicate a potential upside of 36.78% from the stock’s current price.

A number of other research firms have also weighed in on NFLX. Redburn Partners set a $120.00 target price on Netflix in a research note on Wednesday. Rosenblatt Securities reissued a “neutral” rating and set a $105.00 price objective on shares of Netflix in a research report on Friday, January 16th. Wells Fargo & Company decreased their price target on Netflix from $156.00 to $151.00 and set an “overweight” rating for the company in a research note on Wednesday, October 22nd. Citigroup reiterated a “neutral” rating and issued a $129.50 price objective (up previously from $128.00) on shares of Netflix in a research note on Friday, October 3rd. Finally, Piper Sandler restated a “positive” rating and set a $103.00 target price on shares of Netflix in a research report on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $121.52.

Netflix Stock Performance

Shares of NASDAQ NFLX opened at $84.08 on Wednesday. Netflix has a 1-year low of $81.27 and a 1-year high of $134.12. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.56. The stock’s 50-day moving average is $97.95 and its 200 day moving average is $112.22. The stock has a market cap of $356.27 billion, a price-to-earnings ratio of 35.05 and a beta of 1.71.

Netflix (NASDAQ:NFLX) last posted its quarterly earnings results on Tuesday, January 20th. The Internet television network reported $0.56 EPS for the quarter, topping the consensus estimate of $0.55 by $0.01. Netflix had a net margin of 24.05% and a return on equity of 41.86%. The firm had revenue of $12.05 billion for the quarter, compared to the consensus estimate of $11.97 billion. During the same period last year, the firm posted $4.27 earnings per share. The business’s revenue was up 17.6% compared to the same quarter last year. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. On average, sell-side analysts anticipate that Netflix will post 24.58 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Gregory K. Peters 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 $109.57, for a total value of $2,220,943.36. Following the transaction, the chief executive officer directly owned 127,810 shares in the company, valued at approximately $14,003,886.08. This represents a 13.69% 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. Also, Director Bradford L. Smith sold 31,790 shares of Netflix stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $88.86, for a total transaction of $2,824,859.40. Following the sale, the director owned 79,690 shares of the company’s stock, valued at $7,081,253.40. The trade was a 28.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,653,599 shares of company stock valued at $173,141,263 over the last quarter. Corporate insiders own 1.37% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Brighton Jones LLC boosted its stake in Netflix by 5.0% in the 4th quarter. Brighton Jones LLC now owns 5,390 shares of the Internet television network’s stock worth $4,804,000 after purchasing an additional 257 shares in the last quarter. Revolve Wealth Partners LLC increased its holdings in shares of Netflix by 16.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 1,023 shares of the Internet television network’s stock valued at $912,000 after purchasing an additional 144 shares during the period. MBA Advisors LLC acquired a new stake in shares of Netflix during the second quarter worth about $253,000. Sivia Capital Partners LLC boosted its position in Netflix by 21.2% in the second quarter. Sivia Capital Partners LLC now owns 1,406 shares of the Internet television network’s stock valued at $1,883,000 after buying an additional 246 shares during the last quarter. Finally, Wedge Capital Management L L P NC raised its position in Netflix by 31.9% during the 2nd quarter. Wedge Capital Management L L P NC now owns 302 shares of the Internet television network’s stock worth $404,000 after buying an additional 73 shares during the last quarter. 80.93% of the stock is owned by institutional investors.

Key Stories Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Q4 beat and subscriber strength — Netflix reported EPS slightly above consensus and revenue roughly in line while topping ~325M paid subscribers, showing the core streaming business still growing. Article Title
• Positive Sentiment: Ad revenue momentum — Management said advertising revenue exceeded ~$1.5B in 2025, supporting a diversified monetization path beyond subscriptions. Article Title
• Neutral Sentiment: All‑cash WBD amendment — Netflix converted its WBD bid to an all‑cash structure (same headline price), which can speed shareholder voting and removes stock‑contingent risk, but concentrates cash needs on Netflix. Article Title
• Neutral Sentiment: Analyst views mixed with lowered targets — Several firms kept Buy/Overweight ratings but trimmed price targets, reflecting confidence in long‑term fundamentals alongside deal and margin uncertainty. Article Title
• Negative Sentiment: Disappointing near‑term guidance — Q1 EPS guidance came in below many Street forecasts, which triggered selling despite the quarter’s beat. Article Title
• Negative Sentiment: Share‑buyback paused to fund WBD — Management paused repurchases to conserve cash for the Warner transaction, removing a shareholder‑friendly use of cash and raising near‑term return concerns. Article Title
• Negative Sentiment: Higher content spend & margin pressure — Netflix plans to increase program spending (~10% in 2026), which could compress near‑term margins as it pushes growth and integration of WBD assets. Article Title
• Negative Sentiment: Capital structure and insider activity concerns — Reports of additional debt financing for the WBD bid and recent insider sales added to investor wariness, amplified by broader market risk‑off headlines. Article Title • Insider Trade

Netflix Company Profile

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.