Netflix (NASDAQ:NFLX) Given Buy Rating at TD Cowen

Netflix (NASDAQ:NFLX)‘s stock had its “buy” rating restated by research analysts at TD Cowen in a research report issued to clients and investors on Wednesday, Benzinga reports. They currently have a $100.00 target price on the Internet television network’s stock. TD Cowen‘s price target points to a potential upside of 51.86% from the stock’s current price.

NFLX has been the topic of several other research reports. BMO Capital Markets reissued an “outperform” rating and issued a $125.00 target price (down from $135.00) on shares of Netflix in a report on Friday, October 16th. JPMorgan Chase & Co. restated a “buy” rating on shares of Netflix in a research report on Thursday, August 20th. Rothschild & Co Redburn reduced their price target on shares of Netflix from $120.00 to $93.00 and set a “buy” rating on the stock in a research report on Tuesday, July 21st. Citigroup reiterated a “buy” rating and issued a $85.00 price target (down from $100.00) on shares of Netflix in a research report on Wednesday. Finally, HSBC cut shares of Netflix from a “buy” rating to a “hold” rating and cut their price objective for the company from $96.00 to $76.00 in a research report on Tuesday, September 22nd. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, seventeen have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Netflix has a consensus rating of “Moderate Buy” and an average target price of $89.59.

Netflix Price Performance

NASDAQ:NFLX traded down $1.20 on Wednesday, reaching $65.85. 37,803,941 shares of the company’s stock traded hands, compared to its average volume of 42,699,426. Netflix has a 12 month low of $64.10 and a 12 month high of $116.73. The stock has a 50-day simple moving average of $74.27 and a 200-day simple moving average of $79.64. The company has a quick ratio of 1.14, a current ratio of 1.07 and a debt-to-equity ratio of 0.43. The firm has a market cap of $274.20 billion, a PE ratio of 19.03, a P/E/G ratio of 0.92 and a beta of 1.62.

Netflix (NASDAQ:NFLX) last released its earnings results on Tuesday, October 20th. The Internet television network reported $0.87 EPS for the quarter, topping the consensus estimate of $0.82 by $0.05. Netflix had a net margin of 29.69% and a return on equity of 42.69%. The firm had revenue of $12.87 billion for the quarter, compared to the consensus estimate of $12.87 billion. During the same quarter in the previous year, the firm earned $0.59 earnings per share. The company’s quarterly revenue was up 11.9% compared to the same quarter last year. Equities research analysts forecast that Netflix will post 3.58 earnings per share for the current year.

Insider Buying and Selling at Netflix

In other news, insider David Hyman sold 5,723 shares of the company’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $72.85, for a total transaction of $416,920.55. Following the transaction, the insider directly owned 316,100 shares of the company’s stock, valued at approximately $23,027,885. This represents a 1.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Spencer Neumann sold 9,248 shares of Netflix stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $75.79, for a total transaction of $700,905.92. Following the completion of the sale, the chief financial officer owned 73,787 shares of the company’s stock, valued at $5,592,316.73. This trade represents a 11.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 179,045 shares of company stock valued at $13,132,194. Corporate insiders own 1.24% of the company’s stock.

Institutional Trading of Netflix

Several institutional investors and hedge funds have recently bought and sold shares of the business. Clal Insurance Enterprises Holdings Ltd acquired a new position in shares of Netflix in the 2nd quarter valued at $26,000. Sawyer & Company Inc acquired a new position in shares of Netflix in the 3rd quarter valued at $27,000. Compound Global Advisors LLC acquired a new position in shares of Netflix in the 2nd quarter valued at $29,000. Burnham & Co LLC acquired a new position in shares of Netflix in the 2nd quarter valued at $29,000. Finally, Merkkuri Wealth Advisors LLC acquired a new position in shares of Netflix in the 1st quarter valued at $31,000. 80.93% of the stock is currently owned by institutional investors and hedge funds.

Netflix News Summary

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix reported third-quarter EPS of $0.87, ahead of the $0.82 consensus estimate, while revenue reached $12.87 billion. Operating margin rose to 34.6%, supporting the argument that the core streaming business remains highly profitable. Can Netflix Stock Hold Margin Gains as Content Spending Keeps Growing?
• Positive Sentiment: Longer-term bulls argue that Netflix’s profitability, systematic share repurchases, local-language content, and continued subscriber retention could create meaningful upside after the sell-off. Bill Ackman has also returned to the stock and expects annualized returns above 20%. Bill Ackman Lost $400 Million on Netflix
• Positive Sentiment: Ark Invest’s Cathie Wood bought 18,000 Netflix shares, signaling that some growth-oriented investors view the two-year-low valuation as an opportunity. Cathie Wood Just Bought Netflix Stock
• Neutral Sentiment: Netflix is reportedly planning layoffs at its Bay Area headquarters. The cuts could reduce costs, but they also raise questions about operating priorities and employee productivity. Netflix Stock Slips as Layoffs Hit Bay Area Headquarters
• Neutral Sentiment: Paramount Skydance’s completed merger highlights intensifying competition for scale and content across the entertainment industry, potentially increasing pressure on Netflix to sustain its content advantage. Could Skydance Be Bigger Than Disney?
• Negative Sentiment: Management reduced its 2026 advertising-revenue outlook to approximately $2.7 billion from about $3 billion. Softer ad growth undermines a major part of Netflix’s expansion thesis and overshadowed the earnings beat. Netflix Cut Its 2026 Ad Forecast by $300 Million
• Negative Sentiment: Disappointing fourth-quarter revenue guidance and decelerating growth have led investors to discount the strong quarterly results. Netflix’s reduced 2026 free-cash-flow outlook is another concern as content spending continues to rise. Netflix Has Lower FCF Guidance
• Negative Sentiment: Several analysts lowered their price targets or ratings after the report. One fair-value estimate fell from $92.62 to $86.24, while UBS, Guggenheim, and Needham adopted more cautious views. Netflix Stock Fair Value Falls After Cautious Q3 Analyst Revisions
• Negative Sentiment: Reports indicate viewing time is declining even though subscribers are staying, suggesting weaker engagement. YouTube and lower-cost streaming alternatives may also be contributing to slower revenue growth. Netflix Is Losing Viewers

About Netflix

Netflix, Inc (NASDAQ:NFLX) is a global entertainment company that provides subscription-based streaming services. Its platform offers a broad selection of television series, films, documentaries, stand-up specials and other programming, including content produced by Netflix and licensed from third-party studios and creators.

The company also develops and distributes original productions under the Netflix brand and has expanded into additional entertainment offerings, including mobile and cloud-based games in select markets and live programming.