Netflix (NASDAQ:NFLX) Given New $135.00 Price Target at Oppenheimer

Key Points

• Oppenheimer raised its price target on Netflix to $135 (from $125) and maintained an "outperform" rating, implying roughly a 44.66% upside from the prior close.
• MarketBeat shows an average analyst rating of "Moderate Buy" with an average target of $114.55; Netflix opened at $93.32, has a market cap of $394.01B and a trailing P/E of 36.93.
• Insiders have been significant net sellers recently—Reed Hastings and Bradford L. Smith sold large blocks and insiders disposed of 1,520,133 shares worth about $137.3M in the last 90 days, leaving insiders with 1.37% ownership.

Netflix (NASDAQ:NFLX - Get Free Report) had its target price raised by investment analysts at Oppenheimer from $125.00 to $135.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage currently has an "outperform" rating on the Internet television network's stock. Oppenheimer's price target points to a potential upside of 44.66% from the company's previous close.

NFLX has been the subject of a number of other reports. Huber Research raised shares of Netflix from a "strong sell" rating to a "strong-buy" rating in a report on Friday, February 27th. HSBC cut their target price on Netflix from $107.00 to $106.00 and set a "buy" rating for the company in a research report on Wednesday, January 21st. Wells Fargo & Company began coverage on Netflix in a research report on Monday, March 9th. They issued an "equal weight" rating and a $105.00 price target on the stock. UBS Group set a $104.00 price objective on Netflix in a report on Tuesday, January 27th. Finally, Weiss Ratings downgraded shares of Netflix from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Thursday, January 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating and twelve have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $114.55.

Netflix Price Performance

NFLX stock opened at $93.32 on Friday. Netflix has a one year low of $75.01 and a one year high of $134.12. The firm has a 50-day moving average of $87.14 and a two-hundred day moving average of $100.82. The firm has a market capitalization of $394.01 billion, a PE ratio of 36.93, a P/E/G ratio of 1.41 and a beta of 1.68. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.51.

Netflix (NASDAQ:NFLX - Get Free Report) last posted its quarterly earnings results on Tuesday, January 20th. The Internet television network reported $0.56 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.55 by $0.01. Netflix had a net margin of 24.30% and a return on equity of 43.26%. The business had revenue of $12.05 billion during the quarter, compared to analyst estimates of $11.97 billion. During the same period in the prior year, the firm earned $0.43 earnings per share. The firm's revenue was up 17.6% compared to the same quarter last year. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. On average, analysts forecast that Netflix will post 24.58 earnings per share for the current year.

Insider Transactions at Netflix

In other news, Director Bradford L. Smith sold 31,790 shares of the company's stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $88.86, for a total value of $2,824,859.40. Following the completion of the transaction, the director owned 79,690 shares in the company, valued at $7,081,253.40. This represents a 28.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Reed Hastings sold 426,290 shares of the business's stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $91.67, for a total transaction of $39,078,004.30. Following the completion of the sale, the director directly owned 3,940 shares in the company, valued at $361,179.80. This represents a 99.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 1,520,133 shares of company stock valued at $137,259,786. Corporate insiders own 1.37% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. First Financial Corp IN raised its position in shares of 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. grew its position in Netflix by 885.2% during the fourth quarter. DiNuzzo Private Wealth Inc. now owns 266 shares of the Internet television network's stock worth $25,000 after buying an additional 239 shares in the last quarter. Turning Point Benefit Group Inc. increased its stake in Netflix by 13,400.0% during the 4th quarter. Turning Point Benefit Group Inc. now owns 270 shares of the Internet television network's stock worth $25,000 after acquiring an additional 268 shares during the period. Imprint Wealth LLC acquired a new position in Netflix in the 3rd quarter valued at $25,000. Finally, Cornerstone Financial Management LLC acquired a new position in Netflix in the 4th quarter valued at $26,000. Institutional investors and hedge funds own 80.93% of the company's stock.

Trending Headlines about Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Price increases across all U.S. plans should raise ARPU and near-term revenue; Netflix says hikes support expanded programming (new prices: ad tier $8.99, standard $19.99, premium $26.99). Netflix raises subscription prices across all plans in US
• Positive Sentiment: Analyst support: Erste Group raised its rating to Buy and lifted FY2026/27 EPS estimates modestly, reinforcing positive analyst sentiment. Netflix NASDAQ: NFLX Raised to Buy at Erste Group Bank
• Positive Sentiment: Ad business momentum and live-sports initiatives (MLB) point to diversified growth beyond subscriptions — advertising revenue and live-event deals could bolster top-line and monetization. Netflix Rides on Strong Advertising Revenues: More Upside Ahead?
• Neutral Sentiment: Company plans a roughly $20B content budget — this supports growth initiatives (originals, video podcasts, live sports) but increases capital intensity and execution risk. Netflix hiking subscription plans to pay for $20B content budget
• Neutral Sentiment: Guidance & earnings context: recent quarter beat expectations modestly and Netflix reiterated content-led strategy; investors will watch subscriber trends and margin impact. Stock Market Today, March 26: Netflix Stock Rises After Raising Subscription Prices
• Negative Sentiment: Political/public backlash: Senator Elizabeth Warren publicly criticized the timing of the price hike, arguing it came after a large fee payout — potential PR and regulatory scrutiny risk. Netflix 'Just Got $2.8 Billion… Turned Around And Raised Prices': Elizabeth Warren Blasts Streaming Giant's Latest Hike
• Negative Sentiment: Valuation and "stream‑flation" concerns: some analysts flag stretched multiples (PS) and slowing growth; repeated price hikes may push users toward free competitors over time. Is Netflix Stock's 7.3X PS Still Worth it? Buy, Sell, or Hold?

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.