Netflix (NASDAQ:NFLX) Trading Up 1.7% – What’s Next?

Netflix, Inc. (NASDAQ:NFLX)’s stock price rose 1.7% on Monday . The stock traded as high as $81.71 and last traded at $81.67. Approximately 36,052,565 shares traded hands during trading, a decline of 18% from the average daily volume of 44,074,219 shares. The stock had previously closed at $80.34.

Netflix News Roundup

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix expanded its exclusive video podcast partnership with iHeartMedia, adding new celebrity-led shows that could boost engagement and diversify the content lineup. Reuters article on Netflix expands iHeartMedia partnership
• Positive Sentiment: Commentary from market-watch articles argued Netflix looks compelling after its recent selloff, with some investors viewing the weaker share price as a buying opportunity. 247WallSt article on Netflix at $81
• Positive Sentiment: Netflix said it will announce second-quarter 2026 financial results on July 16, creating a clear upcoming catalyst that could re-focus attention on subscriber growth, advertising momentum, and guidance. PR Newswire article on Q2 2026 results date
• Neutral Sentiment: One article noted Fox’s potential Roku deal could create a larger ad-supported streaming rival by viewership, underscoring rising competition in streaming rather than a direct Netflix-specific setback. Business Insider article on Fox and Roku
• Neutral Sentiment: A Reuters-linked market note and other commentary highlighted Netflix’s competition with Apple and Disney in streaming, but did not point to any new negative fundamental development. Yahoo Finance / Zacks article
• Negative Sentiment: Tyra Banks filed a lawsuit against Netflix over allegedly deceptive editing in a documentary interview, which could create legal noise and reputational risk. Business Insider article on Tyra Banks lawsuit

Wall Street Analyst Weigh In

NFLX has been the topic of several recent analyst reports. DZ Bank reaffirmed a “buy” rating on shares of Netflix in a research report on Friday, April 17th. Piper Sandler reaffirmed an “overweight” rating and set a $115.00 price target (up from $103.00) on shares of Netflix in a research report on Friday, April 17th. New Street Research boosted their price target on Netflix from $96.00 to $102.00 in a research report on Friday, April 17th. KeyCorp reaffirmed an “overweight” rating and set a $115.00 price target (up from $108.00) on shares of Netflix in a research report on Tuesday, April 14th. Finally, JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Netflix in a research report on Wednesday, April 22nd. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and sixteen have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $114.39.

Netflix Price Performance

The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.43. The company has a 50 day moving average price of $90.93 and a 200 day moving average price of $91.00. The company has a market capitalization of $343.90 billion, a P/E ratio of 26.38, a P/E/G ratio of 1.02 and a beta of 1.50.

Netflix (NASDAQ:NFLX) last issued its earnings results on Thursday, April 16th. The Internet television network reported $1.23 EPS for the quarter, topping the consensus estimate of $0.76 by $0.47. Netflix had a return on equity of 40.92% and a net margin of 28.52%.The company had revenue of $12.25 billion during the quarter, compared to the consensus estimate of $12.17 billion. During the same period in the previous year, the company posted $6.61 EPS. The firm’s revenue for the quarter was up 16.2% compared to the same quarter last year. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, equities analysts predict that Netflix, Inc. will post 3.6 EPS for the current fiscal year.

Insider Activity at Netflix

In other news, insider David A. Hyman sold 5,722 shares of Netflix stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $88.08, for a total transaction of $503,993.76. Following the completion of the transaction, the insider directly owned 316,100 shares in the company, valued at approximately $27,842,088. The trade was a 1.78% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Spencer Adam Neumann sold 28,630 shares of Netflix stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $98.00, for a total value of $2,805,740.00. Following the transaction, the chief financial officer owned 73,787 shares of the company’s stock, valued at $7,231,126. This represents a 27.95% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 1,313,029 shares of company stock worth $120,315,776 in the last three months. 1.24% of the stock is owned by company insiders.

Institutional Trading of Netflix

Several institutional investors have recently added to or reduced their stakes in NFLX. Brighton Jones LLC boosted its stake in Netflix by 5.0% in the 4th quarter. Brighton Jones LLC now owns 5,390 shares of the Internet television network’s stock valued at $4,804,000 after purchasing an additional 257 shares during the period. Revolve Wealth Partners LLC boosted its stake in Netflix by 16.4% in the 4th quarter. Revolve Wealth Partners LLC now owns 1,023 shares of the Internet television network’s stock valued at $912,000 after purchasing an additional 144 shares during the period. Sivia Capital Partners LLC boosted its stake in Netflix by 21.2% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,406 shares of the Internet television network’s stock valued at $1,883,000 after purchasing an additional 246 shares during the period. Strategic Investment Advisors MI boosted its stake in Netflix by 18.9% in the 2nd quarter. Strategic Investment Advisors MI now owns 774 shares of the Internet television network’s stock valued at $1,036,000 after purchasing an additional 123 shares during the period. Finally, Schnieders Capital Management LLC. boosted its stake in Netflix by 12.1% in the 2nd quarter. Schnieders Capital Management LLC. now owns 2,115 shares of the Internet television network’s stock valued at $2,832,000 after purchasing an additional 228 shares during the period. 80.93% of the stock is currently owned by institutional investors.

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.