Rosenblatt Securities Reaffirms “Neutral” Rating for Netflix (NASDAQ:NFLX)

Netflix (NASDAQ:NFLX)‘s stock had its “neutral” rating restated by equities researchers at Rosenblatt Securities in a note issued to investors on Tuesday,Benzinga reports. They presently have a $95.00 target price on the Internet television network’s stock. Rosenblatt Securities’ price objective suggests a potential upside of 28.67% from the company’s previous close.

NFLX has been the subject of a number of other research reports. Weiss Ratings lowered shares of Netflix from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, June 26th. Raymond James Financial reaffirmed a “market perform” rating on shares of Netflix in a research note on Thursday, May 14th. UBS Group set a $100.00 price target on Netflix in a report on Monday. Piper Sandler reissued an “overweight” rating and set a $115.00 price target (up from $103.00) on shares of Netflix in a research note on Friday, April 17th. Finally, Bank of America restated a “buy” rating and set a $125.00 price objective on shares of Netflix in a report on Monday, May 18th. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, fifteen have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $111.29.

Netflix Stock Up 0.6%

NFLX opened at $73.83 on Tuesday. The firm has a market cap of $310.88 billion, a P/E ratio of 23.85, a PEG ratio of 0.93 and a beta of 1.52. The business’s fifty day simple moving average is $81.38 and its 200 day simple moving average is $87.45. Netflix has a 52 week low of $70.86 and a 52 week high of $127.75. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.43.

Netflix (NASDAQ:NFLX) last announced its earnings results on Thursday, April 16th. The Internet television network reported $1.23 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.47. The firm had revenue of $12.25 billion during the quarter, compared to the consensus estimate of $12.17 billion. Netflix had a net margin of 28.52% and a return on equity of 40.92%. The firm’s revenue for the quarter was up 16.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $6.61 EPS. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. As a group, equities research analysts anticipate that Netflix will post 3.6 EPS for the current fiscal year.

Insider Activity

In other Netflix news, CFO Spencer Adam Neumann sold 9,253 shares of the company’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $88.95, for a total transaction of $823,054.35. Following the completion of the sale, the chief financial officer directly owned 73,787 shares in the company, valued at $6,563,353.65. This represents a 11.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Gregory K. Peters sold 27,312 shares of the firm’s stock in a transaction dated Thursday, May 7th. The stock was 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 owned 120,931 shares in the company, valued at approximately $10,725,370.39. This trade represents a 18.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 899,839 shares of company stock valued at $80,141,661 in the last 90 days. 1.24% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Netflix

Hedge funds have recently made changes to their positions in the business. Checchi Capital Advisers LLC lifted its position in shares of Netflix by 875.7% in the 4th quarter. Checchi Capital Advisers LLC now owns 31,143 shares of the Internet television network’s stock valued at $2,920,000 after acquiring an additional 27,951 shares in the last quarter. Contravisory Investment Management Inc. grew its position in Netflix by 837.2% during the fourth quarter. Contravisory Investment Management Inc. now owns 111,380 shares of the Internet television network’s stock valued at $10,443,000 after purchasing an additional 99,496 shares in the last quarter. BNC Wealth Management LLC grew its position in Netflix by 991.3% during the fourth quarter. BNC Wealth Management LLC now owns 41,229 shares of the Internet television network’s stock valued at $3,866,000 after purchasing an additional 37,451 shares in the last quarter. Crew Capital Management Ltd increased its stake in Netflix by 1,021.9% in the 4th quarter. Crew Capital Management Ltd now owns 9,031 shares of the Internet television network’s stock valued at $847,000 after buying an additional 8,226 shares during the period. Finally, Family Capital Trust Co increased its stake in Netflix by 20,869.5% in the 4th quarter. Family Capital Trust Co now owns 27,470 shares of the Internet television network’s stock valued at $2,576,000 after buying an additional 27,339 shares during the period. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Key Stories Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix secured exclusive global streaming rights to the MLB Home Run Derby, its first major live sports broadcast in the U.S. and internationally, which could broaden its audience, strengthen engagement, and support future ad growth. Netflix Secures Exclusive MLB Home Run Derby Streaming Rights
• Positive Sentiment: Several Wall Street firms remain constructive, saying Netflix may benefit from stronger advertising revenue, better content in the second half, and margin expansion, which is helping investor confidence ahead of earnings. Netflix to Gain From Ads, Stronger Content, Margin Growth, Oppenheimer Says
• Positive Sentiment: Options traders are positioning for a rebound quarter, and retail investors appear to be rotating back into NFLX as the stock trades near multi-year lows, suggesting expectations may be low going into results. Traders are betting on a comeback quarter for Netflix
• Positive Sentiment: TD Cowen reiterated a favorable view, saying Netflix remains a popular pick ahead of earnings and that ad growth could support solid profit expansion. Netflix Stock Gets Applauded by TD Cowen as It ‘Remains the Most Popular Choice’ Ahead of Earnings
• Neutral Sentiment: Netflix reports Q2 earnings on July 16, and many articles frame the event as a key test of engagement, ad growth, and profitability rather than a clear near-term catalyst by itself. All Eyes on Netflix Stock Ahead of Earnings; Here’s What Benchmark Expects
• Neutral Sentiment: Some commentary highlights viewer-engagement concerns and a potentially tough quarter, but also argues those metrics may be less important than pricing power, ads, and margins. Netflix Is Losing Viewers To The World Cup. That May Be The Wrong Measure Of The Business.
• Negative Sentiment: KeyBanc lowered its price target ahead of earnings, and other reports warn Wall Street expects a relatively in-line or tougher quarter, reinforcing skepticism after Netflix’s large year-over-year stock decline. KeyBanc Lowers Netflix Stock (NFLX) Price Target Ahead of Q2 Earnings

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.