Jefferies Financial Group Lowers Netflix (NASDAQ:NFLX) Price Target to $110.00

Netflix (NASDAQ:NFLX) had its price objective cut by equities research analysts at Jefferies Financial Group from $128.00 to $110.00 in a research report issued to clients and investors on Wednesday,MarketScreener reports. The brokerage presently has a “buy” rating on the Internet television network’s stock. Jefferies Financial Group’s price objective would suggest a potential upside of 35.12% from the stock’s previous close.

NFLX has been the topic of a number of other reports. Seaport Research Partners raised their price target on shares of Netflix from $115.00 to $119.00 and gave the stock a “buy” rating in a research report on Friday, April 17th. KeyCorp reissued an “overweight” rating and issued a $115.00 price target (up from $108.00) on shares of Netflix in a report on Tuesday, April 14th. Oppenheimer set a $120.00 price objective on Netflix and gave the company an “outperform” rating in a research report on Friday, April 17th. Evercore initiated coverage on Netflix in a research report on Friday, February 27th. They issued an “outperform” rating and a $115.00 target price on the stock. Finally, China Renaissance upped their price target on shares of Netflix from $90.00 to $100.00 and gave the stock a “hold” rating in a research report on Friday, April 17th. Two analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and sixteen have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $114.39.

Netflix Trading Down 1.5%

NFLX stock opened at $81.41 on Wednesday. Netflix has a 52 week low of $75.01 and a 52 week high of $134.12. The business has a fifty day simple moving average of $91.75 and a 200-day simple moving average of $91.52. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.43. The company has a market cap of $342.80 billion, a price-to-earnings ratio of 26.30, a PEG ratio of 1.05 and a beta of 1.50.

Netflix (NASDAQ:NFLX) last posted 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. Netflix had a net margin of 28.52% and a return on equity of 40.92%. The business had revenue of $12.25 billion for the quarter, compared to analyst estimates of $12.17 billion. During the same quarter in the previous year, the business posted $6.61 EPS. The business’s quarterly revenue was up 16.2% on a year-over-year basis. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, equities research analysts expect that Netflix will post 3.6 EPS for the current year.

Insider Activity

In other Netflix news, CEO Theodore A. Sarandos sold 27,312 shares of the stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $87.97, for a total transaction of $2,402,636.64. Following the transaction, the chief executive officer directly owned 284,804 shares of the company’s stock, valued at $25,054,207.88. This represents a 8.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Reed Hastings sold 386,700 shares of the company’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $85.97, for a total transaction of $33,244,599.00. Following the sale, the director directly owned 3,940 shares of the company’s stock, valued at approximately $338,721.80. This represents a 98.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 1,313,029 shares of company stock worth $120,315,776. Corporate insiders own 1.24% of the company’s stock.

Institutional Trading of Netflix

A number of institutional investors and hedge funds have recently modified their holdings of the company. Vanguard Group Inc. boosted its holdings in Netflix by 0.4% during the third quarter. Vanguard Group Inc. now owns 38,521,322 shares of the Internet television network’s stock worth $46,183,983,000 after purchasing an additional 142,238 shares during the last quarter. Checchi Capital Advisers LLC grew its holdings in Netflix by 875.7% during the fourth quarter. Checchi Capital Advisers LLC now owns 31,143 shares of the Internet television network’s stock worth $2,920,000 after purchasing an additional 27,951 shares during the period. Contravisory Investment Management Inc. increased 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 worth $10,443,000 after buying an additional 99,496 shares during the last quarter. BNC Wealth Management LLC raised its stake in Netflix by 991.3% in 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 buying an additional 37,451 shares during the period. Finally, Crew Capital Management Ltd raised its stake in Netflix by 1,021.9% in the fourth 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. 80.93% of the stock is currently owned by institutional investors.

Netflix News Roundup

Here are the key news stories impacting Netflix this week:

• Negative Sentiment: Paramount Skydance’s dispute over its Warner Bros. Discovery takeover has pulled Netflix into the spotlight, with Paramount accusing Netflix of trying to influence regulators and stakeholders; that raises competitive noise and could invite scrutiny around streaming consolidation. Paramount Skydance Clash Puts Netflix Competition And Regulatory Role In Focus
• Negative Sentiment: Bloomberg reported that Paramount’s Middle East-backed financing for the Warner bid is now under an EU probe, keeping the broader media deal fight in the headlines and adding uncertainty around industry competition and regulation that could spill over to Netflix sentiment. Paramount’s Middle East Billions in Warner Bid Get EU Probe
• Negative Sentiment: Netflix was reported to have suffered a larger drop than the general market in the latest session, reinforcing the recent pullback and weak technical momentum. Netflix (NFLX) Suffers a Larger Drop Than the General Market: Key Insights
• Neutral Sentiment: Several articles argue the recent pullback could be a buying opportunity, citing Netflix’s strong ad-growth outlook, buyback program, and analyst price targets that imply meaningful upside over time. Netflix (NFLX) Stock Plunges 38% Yet Analysts Project 40% Rally Ahead
• Neutral Sentiment: Netflix’s upcoming content slate, including a live-action Scooby-Doo project and FIFA game tie-in, supports the long-term content pipeline but is unlikely to move the stock much by itself today. Meet Scooby-Doo! First Look At The Iconic Canine In Live-Action Series

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.