Sanford C. Bernstein Cuts Netflix (NASDAQ:NFLX) Price Target to $115.00

Netflix (NASDAQ:NFLX) had its target price cut by Sanford C. Bernstein from $125.00 to $115.00 in a research note issued to investors on Wednesday,MarketScreener reports. They currently have an outperform rating on the Internet television network’s stock.

A number of other research firms have also commented on NFLX. Hsbc Global Res raised shares of Netflix to a “strong-buy” rating in a research note on Monday, January 12th. Evercore ISI reaffirmed an “outperform” rating and issued a $138.00 target price on shares of Netflix in a research report on Friday, December 5th. Erste Group Bank downgraded Netflix from a “buy” rating to a “hold” rating in a report on Friday, October 31st. Pivotal Research reduced their price objective on Netflix from $105.00 to $95.00 and set a “hold” rating for the company in a research note on Wednesday. Finally, Barclays reaffirmed a “neutral” rating and set a $110.00 target price on shares of Netflix in a research note on Friday, December 5th. One research analyst has rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, seventeen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $118.63.

Netflix Stock Performance

Shares of NASDAQ NFLX opened at $86.14 on Wednesday. Netflix has a 1 year low of $81.93 and a 1 year high of $134.12. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.33 and a current ratio of 1.19. The stock has a fifty day moving average price of $96.20 and a two-hundred day moving average price of $111.42. The firm has a market cap of $365.01 billion, a P/E ratio of 34.09, a PEG ratio of 1.48 and a beta of 1.71.

Netflix (NASDAQ:NFLX) last announced its quarterly earnings data on Tuesday, January 20th. The Internet television network reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.01. The company had revenue of $12.05 billion for the quarter, compared to analysts’ expectations of $11.97 billion. Netflix had a net margin of 24.30% and a return on equity of 43.26%. The business’s revenue was up 17.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.43 EPS. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. Research analysts forecast that Netflix will post 24.58 EPS for the current fiscal year.

Insider Buying and Selling

In other Netflix news, insider Cletus R. Willems sold 2,380 shares of Netflix stock in a transaction that occurred on Thursday, November 6th. The stock was sold at an average price of $110.03, for a total value of $261,878.54. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Reed Hastings sold 426,290 shares of the business’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $91.67, for a total transaction of $39,078,004.30. Following the transaction, the director directly owned 3,940 shares in the company, valued at $361,179.80. This trade represents a 99.08% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,653,599 shares of company stock valued at $173,141,263 in the last quarter. Insiders own 1.37% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. First Financial Corp IN boosted its position in Netflix by 900.0% in the fourth quarter. First Financial Corp IN now owns 270 shares of the Internet television network’s stock valued at $25,000 after buying an additional 243 shares in the last quarter. DiNuzzo Private Wealth Inc. raised its stake in shares of Netflix by 885.2% in the fourth quarter. DiNuzzo Private Wealth Inc. now owns 266 shares of the Internet television network’s stock valued at $25,000 after acquiring an additional 239 shares during the last quarter. Imprint Wealth LLC acquired a new position in shares of Netflix in the 3rd quarter worth approximately $25,000. Retirement Wealth Solutions LLC acquired a new position in shares of Netflix in the 3rd quarter worth approximately $28,000. Finally, MB Levis & Associates LLC grew its position in Netflix by 177.8% during the 4th quarter. MB Levis & Associates LLC now owns 300 shares of the Internet television network’s stock worth $28,000 after acquiring an additional 192 shares during the last quarter. 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: Solid quarter and subscriber milestone — Netflix beat Q4 revenue/earnings estimates modestly and surpassed ~325 million paid subscribers, which supports the base streaming growth story and cash generation outlook. Netflix Just Topped 325 Million Subscribers
• Positive Sentiment: Institutional buying and options activity — Large call-volume and reported purchases by funds (e.g., ARK) show pockets of bullish positioning that can prop short-term upside amid the noise. Cathie Wood Loads Up on Netflix
• Neutral Sentiment: Mixed analyst commentary — Some firms reaffirm bullish views (e.g., Bernstein) while others trim targets; consensus remains split between “buy” and cautious views as models are re-run to account for the WBD deal and slower guidance. Analysts Share Mixed Remarks on Netflix
• Negative Sentiment: Acquisition battle and regulatory uncertainty — The takeover fight for Warner Bros. (Netflix’s ~$82.7B all-cash offer vs. Paramount/Skydance counterpressure) is escalating; that contest raises antitrust and financing risk and is the primary driver of investor caution. Netflix says Paramount bid ‘doesn’t pass sniff test’
• Negative Sentiment: All-cash structure and financing impact — Netflix amended the WBD offer to all cash and suspended buybacks, increasing near-term cash needs and removing a prior EPS support; that elevates leverage/financial risk if the deal proceeds. Netflix Just Upped Its Bid for Warner Bros. to All Cash
• Negative Sentiment: Analysts cut targets and warn on guidance — Multiple shops lowered price targets or issued cautious notes after Q4 and the WBD bid (Baird, TD Cowen, HSBC and others), pressuring sentiment and weighing on valuation. Baird Adjusts Price Target on Netflix
• Negative Sentiment: Political/regulatory spotlight — Netflix executives will face hearings (Senate testimony reported), raising the chance of regulatory hurdles and prolonging deal uncertainty. Sarandos to Testify in Senate Hearing
• Negative Sentiment: Market-level re-rating — Despite solid results, the stock remains well below its 2025 highs as investors price in slower growth and deal risk; that macro re-pricing is keeping volatility elevated. Netflix Stock Drops 35%+ After Q4 as WBD Deal Risk Rises

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.