Barclays Has Lowered Expectations for Netflix (NASDAQ:NFLX) Stock Price

Netflix (NASDAQ:NFLX) had its price objective cut by equities research analysts at Barclays to $110.00 in a report released on Tuesday, MarketBeat Ratings reports. The brokerage presently has an “equal weight” rating on the Internet television network’s stock. Barclays‘s price target would indicate a potential upside of 4.10% from the stock’s current price.

NFLX has been the topic of a number of other reports. Loop Capital decreased their target price on shares of Netflix from $135.00 to $132.50 in a research note on Wednesday, October 22nd. DZ Bank reaffirmed a “buy” rating on shares of Netflix in a report on Monday. Needham & Company LLC reissued a “buy” rating and set a $150.00 price objective on shares of Netflix in a research note on Wednesday, October 22nd. Benchmark restated a “hold” rating on shares of Netflix in a report on Wednesday, October 22nd. Finally, Wall Street Zen downgraded Netflix from a “buy” rating to a “hold” rating in a research note on Saturday, October 4th. Two analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $133.93.

Netflix Price Performance

NFLX stock traded down $4.33 during midday trading on Tuesday, reaching $105.67. The stock had a trading volume of 36,664,062 shares, compared to its average volume of 39,987,402. Netflix has a 52-week low of $82.11 and a 52-week 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 company’s fifty day simple moving average is $116.57 and its 200 day simple moving average is $119.93. The company has a market cap of $447.76 billion, a price-to-earnings ratio of 4.41, a price-to-earnings-growth ratio of 1.91 and a beta of 1.58.

Netflix (NASDAQ:NFLX) last issued its earnings results on Tuesday, October 21st. The Internet television network reported $5.87 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $5.18. The business had revenue of $11.32 billion during the quarter, compared to analysts’ expectations of $11.52 billion. Netflix had a net margin of 24.05% and a return on equity of 41.86%. The company’s quarterly revenue was up 17.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.54 earnings per share. Netflix has set its FY 2025 guidance at EPS. Q4 2025 guidance at 5.450-5.450 EPS. As a group, sell-side analysts predict that Netflix will post 24.58 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Netflix news, CEO Gregory K. Peters sold 20,270 shares of Netflix stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $109.57, for a total transaction of $2,220,943.36. Following the completion of the sale, the chief executive officer directly owned 127,810 shares in the company, valued at $14,003,886.08. This trade represents a 13.69% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Spencer Adam Neumann sold 26,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $117.25, for a total transaction of $3,048,526.00. Following the completion of the sale, the chief financial officer directly owned 36,910 shares in the company, valued at $4,327,734.41. This trade represents a 41.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,529,960 shares of company stock valued at $175,427,521 over the last three months. Company insiders own 1.37% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Imprint Wealth LLC purchased a new stake in shares of Netflix during the third quarter worth $25,000. Retirement Wealth Solutions LLC acquired a new position in Netflix during the 3rd quarter worth $28,000. Legacy Investment Solutions LLC acquired a new position in Netflix during the 2nd quarter worth $31,000. Steph & Co. increased its holdings in Netflix by 188.9% during the 3rd quarter. Steph & Co. now owns 26 shares of the Internet television network’s stock worth $31,000 after purchasing an additional 17 shares during the period. Finally, Stephens Consulting LLC raised its position in Netflix by 150.0% in the 2nd quarter. Stephens Consulting LLC now owns 25 shares of the Internet television network’s stock valued at $33,000 after purchasing an additional 15 shares in the last quarter. 80.93% of the stock is currently owned by institutional investors and hedge funds.

Netflix Company Profile

Netflix, Inc provides entertainment services. It offers TV series, documentaries, feature films, and games across various genres and languages. The company also provides members the ability to receive streaming content through a host of internet-connected devices, including TVs, digital video players, TV set-top boxes, and mobile devices.