Netflix (NASDAQ:NFLX) Stock Price Target Lowered at JPMorgan Chase & Co.

Netflix (NASDAQ:NFLX) had its target price cut by equities research analysts at JPMorgan Chase & Co. from $85.00 to $81.00 in a research note issued to investors on Wednesday, Benzinga reports. The firm presently has an “overweight” rating on the Internet television network’s stock. JPMorgan Chase & Co.’s price target would suggest a potential upside of 24.11% from the stock’s previous close.

NFLX has been the topic of several other reports. New Street Research increased their price target on shares of Netflix from $96.00 to $102.00 and gave the company a “neutral” rating in a research report on Friday, July 17th. Pivotal Research restated a “hold” rating and set a $65.00 price objective on shares of Netflix in a research report on Wednesday. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $80.00 target price (down from $95.00) on shares of Netflix in a research note on Wednesday. Weiss Ratings raised Netflix from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, October 8th. Finally, CICC Research lowered their target price on Netflix from $110.00 to $90.00 and set an “outperform” rating on the stock in a report on Tuesday, July 21st. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, sixteen have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, Netflix has a consensus rating of “Moderate Buy” and a consensus target price of $90.10.

Netflix Price Performance

NASDAQ NFLX traded down $3.42 during trading hours on Wednesday, reaching $65.27. The company’s stock had a trading volume of 46,647,970 shares, compared to its average volume of 42,357,305. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.14 and a current ratio of 1.14. The company’s 50-day moving average is $74.92 and its two-hundred day moving average is $80.20. Netflix has a fifty-two week low of $64.10 and a fifty-two week high of $116.73. The stock has a market cap of $271.76 billion, a PE ratio of 20.57, a PEG ratio of 0.99 and a beta of 1.62.

Netflix (NASDAQ:NFLX) last announced its earnings results on Tuesday, October 20th. The Internet television network reported $0.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.82 by $0.05. The company had revenue of $12.87 billion during the quarter, compared to analysts’ expectations of $12.87 billion. Netflix had a net margin of 28.22% and a return on equity of 40.02%. The firm’s quarterly revenue was up 11.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.59 earnings per share. Analysts forecast that Netflix will post 3.59 EPS for the current year.

Insiders Place Their Bets

In other news, CFO Spencer Neumann sold 9,248 shares of Netflix stock in a transaction on Monday, August 10th. The stock was sold at an average price of $75.79, for a total value 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. The trade was a 11.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Theodore Sarandos sold 27,312 shares of the company’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $73.35, for a total value of $2,003,335.20. Following the completion of the transaction, the chief executive officer owned 178,954 shares of the company’s stock, valued at $13,126,275.90. The trade was a 13.24% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders have sold 179,045 shares of company stock valued at $13,132,194. 1.24% of the stock is currently owned by company insiders.

Institutional Trading of Netflix

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. purchased a new position in Netflix during the second quarter worth approximately $24,902,221,000. Bank of New York Mellon Corp purchased a new stake in shares of Netflix during the 2nd quarter valued at $1,906,482,000. Legal & General Group Plc purchased a new stake in shares of Netflix during the 2nd quarter valued at $1,886,526,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of Netflix during the 2nd quarter valued at $1,481,303,000. Finally, Assenagon Asset Management S.A. grew its stake in shares of Netflix by 194.9% during the 3rd quarter. Assenagon Asset Management S.A. now owns 16,111,438 shares of the Internet television network’s stock valued at $1,121,034,000 after buying an additional 10,647,803 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 exceeded third-quarter earnings expectations, reporting diluted EPS of $0.87 versus approximately $0.82 expected. Revenue rose 12% year over year to $12.87 billion, operating margin expanded to 34.6%, and net income increased about 44% to $3.66 billion. Netflix Q3 results
• Positive Sentiment: Management maintained its 2026 profitability target and said it still expects double-digit revenue growth into 2027, supported by pricing, content and advertising. Netflix also expects advertising revenue to grow more than 80% in 2026, despite execution delays. Netflix earnings call highlights
• Neutral Sentiment: Netflix is restructuring its content organization, including recent layoffs and executive departures, while planning new programming and live events intended to improve viewing hours and U.S. execution. Management acknowledged that content quality and engagement need to improve.
• Negative Sentiment: Fourth-quarter revenue guidance of roughly $13.4 billion fell short of analyst expectations and implies another slowdown in sales growth. The forecast also includes a lower 26% operating margin, partly because of restructuring costs. Netflix fourth-quarter forecast
• Negative Sentiment: Netflix reduced its 2026 advertising-revenue forecast to approximately $2.7 billion from $3 billion and lowered its free-cash-flow outlook to about $12 billion. The weaker ad outlook undermines a key part of the company’s growth strategy. Netflix advertising forecast
• Negative Sentiment: Analysts responded with downgrades and price-target reductions, including Needham’s move from “buy” to “hold.” Investors also remain concerned about stagnant viewership, competition from YouTube and TikTok, and the lack of a recent breakout global hit.

Netflix Company Profile

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.