Netflix (NASDAQ:NFLX) Shares Climb 1.7% – Time to Buy?

Netflix, Inc. (NASDAQ:NFLX)’s share price was up 1.7% on Tuesday. The stock traded as high as $63.47 and last traded at $63.42. 35,178,868 shares changed hands during mid-day trading, a decline of 18% from the average daily volume of 42,749,664 shares. The stock had previously closed at $62.34.

Netflix News Summary

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Investor Bill Ackman called Netflix “incredibly cheap” after its steep retreat from its 2025 high. The article also notes that year-over-year subscriber churn improved in the third quarter, a positive sign for retention. Article: Bill Ackman on Netflix valuation
• Positive Sentiment: Barry Diller argued that competitors cannot match Netflix simply by pursuing greater scale. That view reinforces the potential strength of Netflix’s existing position in streaming. Article: Barry Diller’s advice for Hollywood
• Neutral Sentiment: An insider sold 5,727 shares to cover tax withholding related to vested equity awards and retained 166,100 shares. The stated reason makes the sale less meaningful as a signal about the company’s outlook. SEC filing
• Negative Sentiment: Netflix’s third-quarter revenue growth cooled to 11.8%, and a one-time $2.8 billion termination fee boosted first-quarter earnings. The distinction between underlying performance and one-off gains may make investors more cautious about growth and earnings quality. Article: Netflix growth and earnings context
• Negative Sentiment: ETFs were net sellers of Netflix shares on November 3, totaling $13.1 million in net sales. This suggests some near-term institutional selling pressure, though the amount alone does not establish a broader shift in sentiment. Article: ETFs are net sellers of Netflix

Analyst Ratings Changes

NFLX has been the topic of several research reports. Seaport Research Partners set a $85.00 target price on Netflix in a report on Wednesday, October 21st. CICC Research lowered their target price on shares of Netflix from $110.00 to $90.00 and set an “outperform” rating for the company in a report on Tuesday, July 21st. Daiwa Securities Group decreased their price target on Netflix from $102.00 to $76.00 and set an “outperform” rating for the company in a research note on Wednesday, July 22nd. Weiss Ratings lowered shares of Netflix from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, October 23rd. Finally, JPMorgan Chase & Co. reduced their price objective on Netflix from $85.00 to $81.00 and set an “overweight” rating on the stock in a report on Wednesday, October 21st. Two analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, seventeen have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Netflix currently has a consensus rating of “Moderate Buy” and a consensus target price of $89.14.

Netflix Price Performance

The company has a market cap of $269.21 billion, a PE ratio of 22.66, a PEG ratio of 0.97 and a beta of 1.62. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.07 and a quick ratio of 1.07. The stock’s 50-day moving average is $71.36 and its 200 day moving average is $81.09.

Netflix (NASDAQ:NFLX) last released its quarterly earnings results on Tuesday, October 20th. The Internet television network reported $0.87 earnings per share (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 business had revenue of $12.87 billion for the quarter, compared to analyst estimates of $12.87 billion. During the same period in the previous year, the company earned $0.59 earnings per share. The business’s revenue for the quarter was up 11.9% on a year-over-year basis. On average, equities analysts anticipate that Netflix, Inc. will post 3.59 earnings per share for the current fiscal year.

Insider Activity at Netflix

In other Netflix news, CEO Theodore A. Sarandos sold 27,312 shares of the firm’s stock in a transaction dated Wednesday, November 4th. The stock was sold at an average price of $66.20, for a total value of $1,808,054.40. Following the completion of the sale, the chief executive officer owned 178,954 shares of the company’s stock, valued at approximately $11,846,754.80. This trade represents a 13.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Spencer Neumann sold 9,253 shares of the firm’s stock in a transaction dated Wednesday, November 4th. The stock was sold at an average price of $66.15, for a total value of $612,085.95. Following the completion of the sale, the chief financial officer directly owned 73,787 shares of the company’s stock, valued at approximately $4,881,010.05. This represents a 11.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 70,960 shares of company stock worth $4,752,050 over the last ninety days. Corporate insiders own 1.24% of the company’s stock.

Hedge Funds Weigh In On Netflix

Hedge funds have recently modified their holdings of the stock. Maryland State Retirement & Pension System increased its holdings in shares of Netflix by 12.2% in the third quarter. Maryland State Retirement & Pension System now owns 253,849 shares of the Internet television network’s stock worth $17,663,000 after buying an additional 27,650 shares during the period. UNIVEST FINANCIAL Corp raised its holdings in shares of Netflix by 3.1% during the third quarter. UNIVEST FINANCIAL Corp now owns 28,855 shares of the Internet television network’s stock valued at $2,008,000 after acquiring an additional 877 shares in the last quarter. Granville Capital Inc. bought a new position in Netflix in the 3rd quarter worth $206,000. Joel Isaacson & Co. LLC raised its stake in Netflix by 0.3% in the third quarter. Joel Isaacson & Co. LLC now owns 95,129 shares of the Internet television network’s stock worth $6,619,000 after buying an additional 310 shares in the last quarter. Finally, Jacobi Capital Management LLC raised its position in shares of Netflix by 9.5% in the 3rd quarter. Jacobi Capital Management LLC now owns 17,612 shares of the Internet television network’s stock worth $1,225,000 after acquiring an additional 1,522 shares in the last quarter. Institutional investors and hedge funds own 80.93% of the company’s stock.

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.