Netflix (NASDAQ:NFLX) Given "Equal Weight" Rating at Wells Fargo & Company

Key Points

• Wells Fargo reissued an "Equal Weight" rating on Netflix with a $105 price target (about a 7.1% upside), while MarketBeat's consensus remains a Moderate Buy with an average target of $114.67.
• Netflix slightly beat quarterly estimates (EPS $0.56 vs. $0.55; revenue $12.05B vs. $11.97B), reported 17.6% revenue growth, and guided Q1 2026 EPS at $0.76; the stock trades near $98 with a P/E of 38.8 and a market cap of roughly $414B.
• Insider selling has been notable—about 1.52M shares (~$137M) sold in the past 90 days—including sales by the CFO and Reed Hastings—while institutional investors still own about 80.9% of the company; Netflix has also pursued strategic moves like buying AI startup InterPositive and walking away from the WBD bid.

Netflix (NASDAQ:NFLX - Get Free Report)'s stock had its "equal weight" rating reissued by equities research analysts at Wells Fargo & Company in a report issued on Monday,Benzinga reports. They currently have a $105.00 target price on the Internet television network's stock. Wells Fargo & Company's price target would suggest a potential upside of 7.07% from the company's current price.

Other research analysts also recently issued research reports about the stock. Piper Sandler restated a "positive" rating and issued a $103.00 price target (down from $140.00) on shares of Netflix in a research report on Wednesday, January 21st. Freedom Capital upgraded shares of Netflix from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, January 27th. Arete Research upgraded shares of Netflix from a "neutral" rating to a "buy" rating in a report on Friday, February 27th. The Goldman Sachs Group reaffirmed a "neutral" rating and set a $100.00 price target (down from $112.00) on shares of Netflix in a research report on Wednesday, January 21st. Finally, BMO Capital Markets decreased their price target on Netflix from $143.00 to $135.00 and set an "outperform" rating for the company in a report on Wednesday, January 21st. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and fourteen have issued a Hold rating to the company's stock. Based on data from MarketBeat, Netflix presently has a consensus rating of "Moderate Buy" and a consensus target price of $114.67.

Netflix Trading Down 1.0%

NASDAQ NFLX traded down $0.95 on Monday, reaching $98.07. The company had a trading volume of 5,734,790 shares, compared to its average volume of 52,803,004. The firm has a market cap of $414.07 billion, a price-to-earnings ratio of 38.81, a P/E/G ratio of 1.41 and a beta of 1.68. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.19 and a quick ratio of 1.19. Netflix has a fifty-two week low of $75.01 and a fifty-two week high of $134.12. The business has a 50 day moving average of $86.30 and a two-hundred day moving average of $103.55.

Netflix (NASDAQ:NFLX - Get Free Report) last released its quarterly earnings results on Tuesday, January 20th. The Internet television network reported $0.56 EPS for the quarter, beating analysts' consensus estimates of $0.55 by $0.01. The firm had revenue of $12.05 billion for the quarter, compared to analyst estimates of $11.97 billion. Netflix had a return on equity of 43.26% and a net margin of 24.30%.The business's revenue was up 17.6% on a year-over-year basis. 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. Analysts forecast that Netflix will post 24.58 EPS for the current year.

Insider Buying and Selling at Netflix

In other news, CFO Spencer Adam Neumann sold 57,260 shares of the company's stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $95.50, for a total transaction of $5,468,330.00. Following the transaction, the chief financial officer owned 73,787 shares in the company, valued at approximately $7,046,658.50. This represents a 43.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Reed Hastings sold 426,290 shares of the firm's stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $91.67, for a total value of $39,078,004.30. Following the completion of the sale, the director owned 3,940 shares of the company's stock, valued at approximately $361,179.80. This represents a 99.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,520,133 shares of company stock valued at $137,259,786 over the last 90 days. Insiders own 1.37% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in shares of Netflix by 0.4% during the 3rd quarter. Vanguard Group Inc. now owns 38,521,322 shares of the Internet television network's stock worth $46,183,983,000 after purchasing an additional 142,238 shares during the last quarter. CIBC Capital Markets Europe S.A. lifted its stake in Netflix by 171.4% in the third quarter. CIBC Capital Markets Europe S.A. now owns 66,503 shares of the Internet television network's stock valued at $79,732,000 after purchasing an additional 42,000 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its stake in Netflix by 6.6% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 302,182 shares of the Internet television network's stock valued at $362,292,000 after purchasing an additional 18,837 shares during the last quarter. NEOS Investment Management LLC grew its holdings in Netflix by 64.6% during the third quarter. NEOS Investment Management LLC now owns 177,297 shares of the Internet television network's stock valued at $212,565,000 after purchasing an additional 69,570 shares during the period. Finally, Bornite Capital Management LP bought a new position in Netflix during the third quarter valued at $29,973,000. Institutional investors own 80.93% of the company's stock.

Trending Headlines about Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix bought Ben Affleck’s AI filmmaking startup InterPositive to accelerate AI-driven production and cut content costs; the deal signals Netflix is redeploying capital into technology that could improve margins and speed production. Netflix Bets On InterPositive To Cut Costs And Sharpen Content Edge
• Positive Sentiment: Netflix walked away from its bid for Warner Bros. Discovery, preserving cash and receiving a multi‑billion consolation payment; analysts argue this keeps Netflix focused on its proven growth model and balance‑sheet priorities. 2 Reasons to Buy Netflix Stock After Its Failed Blockbuster Acquisition
• Positive Sentiment: Several outlets and some analysts have turned bullish or raised targets after the WBD outcome and product/tech moves; CFRA issued an upgrade, contributing to positive analyst chatter. Netflix NASDAQ: NFLX Upgraded at Cfra
• Neutral Sentiment: Market commentators and coverage (Seeking Alpha, MSN) are asking what’s next operationally and strategically now that the WBD deal is off, highlighting both opportunity and execution risk as Netflix reallocates capital. SA Asks: What's next for Netflix now that the WBD merger is off?
• Negative Sentiment: Bank of America cut its price target to $125, signaling that some sell‑side analysts see limited near‑term upside or want more proof the company will convert tech and content investments into faster profit gains. Bank of America Cuts Netflix NASDAQ: NFLX Price Target to $125.00
• Negative Sentiment: Netflix chairman Reed Hastings sold roughly $39.8M in stock around the deal period; insider selling can raise governance/optics concerns even if it’s preplanned. Netflix Didn't Get Warner, But Chairman Reed Hastings Just Cashed Out $39.8 Million In Stock

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.

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