Netflix (NASDAQ:NFLX) Earns "Buy" Rating from Jefferies Financial Group

Key Points

• Jefferies Financial Group has reiterated its "buy" rating for Netflix, highlighting positive sentiment ahead of the company's earnings results.
• Netflix's stock currently holds an average rating of "Moderate Buy" among analysts, with a consensus target price of $1,337.63.
• Institutional investors and hedge funds own approximately 80.93% of Netflix's stock, showcasing strong support from large investors.

Netflix (NASDAQ:NFLX - Get Free Report)'s stock had its "buy" rating reiterated by equities researchers at Jefferies Financial Group in a report released on Tuesday,MarketScreener reports.

NFLX has been the subject of several other research reports. Citigroup reissued a "neutral" rating and issued a $1,295.00 price objective (up previously from $1,280.00) on shares of Netflix in a research note on Friday, October 3rd. Piper Sandler raised their price target on shares of Netflix from $1,400.00 to $1,500.00 and gave the company an "overweight" rating in a research report on Friday, July 18th. Zacks Research cut Netflix from a "strong-buy" rating to a "hold" rating in a research note on Monday, September 1st. Itau BBA Securities assumed coverage on Netflix in a research note on Tuesday, October 7th. They issued an "outperform" rating and a $1,514.00 price objective for the company. Finally, KeyCorp raised their target price on shares of Netflix from $1,070.00 to $1,390.00 and gave the company an "overweight" rating in a report on Thursday, July 10th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, eight have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $1,337.63.

Netflix Stock Performance

NASDAQ NFLX opened at $1,207.37 on Tuesday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.34 and a current ratio of 1.34. The firm has a market capitalization of $513.05 billion, a P/E ratio of 51.62, a price-to-earnings-growth ratio of 2.05 and a beta of 1.59. The stock's fifty day moving average is $1,211.81 and its two-hundred day moving average is $1,171.80. Netflix has a fifty-two week low of $677.88 and a fifty-two week high of $1,341.15.

Netflix (NASDAQ:NFLX - Get Free Report) last posted its earnings results on Thursday, July 17th. The Internet television network reported $7.19 earnings per share for the quarter, beating the consensus estimate of $7.07 by $0.12. Netflix had a net margin of 24.58% and a return on equity of 42.50%. The firm had revenue of $11.08 billion during the quarter, compared to the consensus estimate of $11.04 billion. During the same quarter last year, the firm earned $4.88 EPS. The firm's revenue for the quarter was up 15.9% on a year-over-year basis. Netflix has set its FY 2025 guidance at EPS. Q3 2025 guidance at 6.870-6.870 EPS. On average, research analysts anticipate that Netflix will post 24.58 earnings per share for the current year.

Insider Transactions at Netflix

In other Netflix news, insider Cletus R. Willems sold 238 shares of the firm's stock in a transaction on Wednesday, August 6th. The shares were sold at an average price of $1,153.52, for a total transaction of $274,537.76. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Theodore A. Sarandos sold 2,026 shares of the stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $1,160.62, for a total value of $2,351,416.12. Following the sale, the chief executive officer directly owned 15,168 shares of the company's stock, valued at $17,604,284.16. The trade was a 11.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 104,100 shares of company stock worth $122,710,980 over the last 90 days. Company insiders own 1.37% of the company's stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Halbert Hargrove Global Advisors LLC increased its holdings in shares of Netflix by 100.0% in the 1st quarter. Halbert Hargrove Global Advisors LLC now owns 26 shares of the Internet television network's stock valued at $25,000 after purchasing an additional 13 shares in the last quarter. Retirement Wealth Solutions LLC acquired a new position in Netflix during the third quarter worth $28,000. Legacy Investment Solutions LLC purchased a new stake in Netflix during the second quarter worth $31,000. Steph & Co. grew its holdings in Netflix by 188.9% in the third quarter. Steph & Co. now owns 26 shares of the Internet television network's stock valued at $31,000 after purchasing an additional 17 shares during the last quarter. Finally, Stephens Consulting LLC increased its position in shares of Netflix by 150.0% in the second quarter. Stephens Consulting LLC now owns 25 shares of the Internet television network's stock valued at $33,000 after buying an additional 15 shares in the last quarter. Institutional investors and hedge funds own 80.93% 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.

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