Wedbush Analysts Decrease Earnings Estimates for Netflix

Netflix, Inc. (NASDAQ:NFLX) – Analysts at Wedbush dropped their Q1 2025 earnings per share (EPS) estimates for Netflix in a report issued on Wednesday, January 22nd. Wedbush analyst A. Reese now anticipates that the Internet television network will post earnings of $5.75 per share for the quarter, down from their previous forecast of $5.88. Wedbush has a “Outperform” rating and a $1,150.00 price target on the stock. The consensus estimate for Netflix’s current full-year earnings is $23.72 per share. Wedbush also issued estimates for Netflix’s Q2 2025 earnings at $6.17 EPS, Q3 2025 earnings at $6.80 EPS, Q4 2025 earnings at $5.60 EPS, FY2025 earnings at $24.32 EPS, Q1 2026 earnings at $7.10 EPS, Q2 2026 earnings at $7.29 EPS, Q3 2026 earnings at $7.97 EPS, Q4 2026 earnings at $6.69 EPS, FY2026 earnings at $29.05 EPS and FY2027 earnings at $34.09 EPS.

Other equities research analysts have also recently issued research reports about the company. Benchmark raised Netflix from a “sell” rating to a “hold” rating in a report on Wednesday. JPMorgan Chase & Co. raised their target price on shares of Netflix from $1,000.00 to $1,150.00 and gave the company an “overweight” rating in a research note on Wednesday. Morgan Stanley increased their price objective on shares of Netflix from $1,050.00 to $1,150.00 and gave the company an “overweight” rating in a report on Wednesday. TD Cowen boosted their target price on Netflix from $820.00 to $835.00 and gave the stock a “buy” rating in a report on Friday, October 18th. Finally, Jefferies Financial Group increased their price target on Netflix from $780.00 to $800.00 and gave the company a “buy” rating in a research note on Friday, October 18th. Nine equities research analysts have rated the stock with a hold rating, twenty-six have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,009.29.

Netflix Stock Down 0.7 %

Netflix stock opened at $977.59 on Thursday. The firm has a market capitalization of $417.88 billion, a P/E ratio of 49.30, a P/E/G ratio of 1.53 and a beta of 1.27. The company has a 50-day simple moving average of $892.06 and a 200-day simple moving average of $764.95. Netflix has a one year low of $542.01 and a one year high of $999.00. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.13 and a current ratio of 1.22.

Netflix (NASDAQ:NFLX) last released its quarterly earnings data on Tuesday, January 21st. The Internet television network reported $4.27 earnings per share for the quarter, topping the consensus estimate of $4.20 by $0.07. The firm had revenue of $10.25 billion for the quarter, compared to analyst estimates of $10,141,900 billion. Netflix had a net margin of 22.34% and a return on equity of 38.32%. Netflix’s quarterly revenue was up 16.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.11 earnings per share.

Hedge Funds Weigh In On Netflix

Institutional investors have recently bought and sold shares of the stock. International Assets Investment Management LLC raised its stake in shares of Netflix by 116,620.0% in the 3rd quarter. International Assets Investment Management LLC now owns 5,753,129 shares of the Internet television network’s stock valued at $4,080,522,000 after acquiring an additional 5,748,200 shares in the last quarter. Assenagon Asset Management S.A. lifted its stake in shares of Netflix by 154.7% in the third quarter. Assenagon Asset Management S.A. now owns 1,058,431 shares of the Internet television network’s stock worth $750,713,000 after buying an additional 642,920 shares during the last quarter. State Street Corp boosted its holdings in shares of Netflix by 2.6% during the 3rd quarter. State Street Corp now owns 16,951,347 shares of the Internet television network’s stock worth $12,023,082,000 after buying an additional 426,740 shares during the period. Jennison Associates LLC grew its stake in Netflix by 4.7% in the 3rd quarter. Jennison Associates LLC now owns 6,990,874 shares of the Internet television network’s stock valued at $4,958,417,000 after buying an additional 316,594 shares during the last quarter. Finally, Westfield Capital Management Co. LP bought a new position in Netflix in the 3rd quarter worth $222,871,000. 80.93% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, insider David A. Hyman sold 267 shares of the firm’s stock in a transaction that occurred on Tuesday, November 5th. The shares were sold at an average price of $765.67, for a total transaction of $204,433.89. Following the transaction, the insider now owns 31,610 shares of the company’s stock, valued at approximately $24,202,828.70. This trade represents a 0.84 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Anne M. Sweeney sold 589 shares of the business’s stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $880.00, for a total transaction of $518,320.00. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 147,117 shares of company stock worth $123,913,691. Corporate insiders own 1.76% of the company’s stock.

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.