Wedbush Cuts Netflix (NASDAQ:NFLX) Price Target to $115.00

Netflix (NASDAQ:NFLX) had its price objective reduced by Wedbush from $140.00 to $115.00 in a report released on Thursday morning, Marketbeat reports. Wedbush currently has an outperform rating on the Internet television network’s stock.

NFLX has been the topic of several other research reports. Erste Group Bank lowered Netflix from a “buy” rating to a “hold” rating in a report on Friday, October 31st. Cfra lowered shares of Netflix from a “strong-buy” rating to a “hold” rating and set a $100.00 target price for the company. in a report on Monday, January 5th. President Capital raised shares of Netflix from a “neutral” rating to a “buy” rating and set a $130.00 price target for the company in a research note on Monday, November 3rd. Huber Research lowered shares of Netflix to a “buy” rating in a research report on Friday, December 5th. Finally, Sanford C. Bernstein reissued an “outperform” rating and issued a $125.00 price objective on shares of Netflix in a research note on Wednesday, December 10th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, fifteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Netflix has a consensus rating of “Moderate Buy” and a consensus price target of $127.13.

Netflix Stock Down 0.1%

Shares of NASDAQ:NFLX opened at $88.00 on Thursday. The company has a market cap of $372.88 billion, a price-to-earnings ratio of 36.76 and a beta of 1.71. Netflix has a 12 month low of $82.11 and a 12 month 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 has a 50-day moving average price of $98.96 and a 200 day moving average price of $112.94.

Netflix (NASDAQ:NFLX) last issued its quarterly earnings data on Tuesday, October 21st. The Internet television network reported $5.87 earnings per share for the quarter, missing the consensus estimate of $6.96 by ($1.09). The company had revenue of $11.51 billion for the quarter, compared to the consensus estimate of $11.51 billion. Netflix had a return on equity of 41.86% and a net margin of 24.05%.The company’s revenue was up 17.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $5.40 earnings per share. Netflix has set its Q4 2025 guidance at 5.450-5.450 EPS. As a group, equities research analysts predict that Netflix will post 24.58 earnings per share for the current year.

Insider Activity

In other Netflix news, insider Cletus R. Willems sold 2,380 shares of the firm’s stock in a transaction on Thursday, November 6th. The stock was sold at an average price of $110.03, for a total transaction of $261,878.54. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider David A. Hyman sold 314,620 shares of Netflix stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $109.98, for a total value of $34,603,166.08. Following the sale, the insider directly owned 316,100 shares of the company’s stock, valued at approximately $34,765,942.40. This trade represents a 49.88% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 1,630,160 shares of company stock valued at $171,076,053. Insiders own 1.37% of the company’s stock.

Institutional Trading of Netflix

Institutional investors and hedge funds have recently made changes to their positions in the company. Imprint Wealth LLC bought a new stake in shares of Netflix in the 3rd quarter valued at about $25,000. Legacy Investment Solutions LLC purchased a new position in Netflix during the second quarter valued at approximately $31,000. Retirement Wealth Solutions LLC bought a new position in Netflix in the third quarter worth approximately $28,000. Stephens Consulting LLC lifted its holdings in Netflix by 150.0% during the second quarter. Stephens Consulting LLC now owns 25 shares of the Internet television network’s stock worth $33,000 after buying an additional 15 shares during the period. Finally, Rossby Financial LCC bought a new stake in Netflix during the 2nd quarter valued at $35,000. 80.93% of the stock is currently owned by institutional investors.

Trending Headlines about Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: New content supply deal — Netflix struck a global agreement to stream Sony Pictures films after their theatrical windows, strengthening its post‑theatrical content pipeline and recurring film inventory. Netflix inks global deal to stream Sony Pictures’ films after theatrical window
• Positive Sentiment: New product expansion — Netflix is rolling out podcasts (aimed at competing with platforms like YouTube), which diversifies engagement and ad inventory opportunities. Netflix Offers Podcasts To Compete With YouTube
• Positive Sentiment: Analyst upside exists — Several outlets note that some analysts still see meaningful upside into earnings (some models show large percent upside), signaling pockets of bullish conviction ahead of the report. Netflix (NFLX) Stock: Analysts Target 44% Upside Before Earnings Tuesday
• Neutral Sentiment: Earnings event approaching — Q4 results (Jan. 20 after close) are front and center; previews stress revenue/ads/subscriber momentum and margin cadence will be watched but coverage suggests the Warner bid may dominate headlines. Dear Netflix Stock Fans, Mark Your Calendars for January 20
• Neutral Sentiment: Mixed analyst actions — Rosenblatt reaffirmed a neutral rating with a $105 target (shows measured upside), while other shops vary; the range of targets reflects disagreement on M&A and growth tradeoffs. Analyst notes on Rosenblatt reaffirmation
• Negative Sentiment: M&A overhang — Coverage highlights the Warner Bros. bid as the dominant theme: legal skirmishes, competing Paramount/Skydance offers and debate over an all‑cash vs. stock structure are creating uncertainty about price, financing and execution. That overhang is likely muting a rally into earnings. Netflix results likely to take backseat to Warner Bros deal questions
• Negative Sentiment: Valuation & debt concerns — Commentary warns the proposed deal could materially raise debt and valuation risk, pressuring multiples until deal terms and financing are clear. Ongoing overhang hits Netflix valuation
• Negative Sentiment: Investor positioning & sentiment signals — Heavy put‑option volume and widespread social debate, plus reports of concentrated insider sales, indicate elevated hedging and skepticism that can amplify short‑term downside ahead of clarity on earnings and the WBD transaction. Opinions on price drop and acquisition talks

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.