Netflix (NASDAQ:NFLX) Trading Up 1% on Analyst Upgrade

Key Points

• Citic Securities raised its price target on Netflix from $95 to $107 (maintaining a hold rating), and the stock traded up about 1% to ~$92.32 on Tuesday with volume down ~31% from average.
• Netflix beat Q1 estimates with $1.23 EPS vs. $0.76 expected and $12.25B revenue (+16.2% YoY), set Q2 EPS guidance of $0.78, and carries a MarketBeat consensus of "Moderate Buy" with an average price target of $114.82.
• The company announced a very large stock buyback program (reported larger than its 2026 content budget), while insiders have sold roughly 1,487,794 shares (~$136M) in the past 90 days, leaving insiders with about 1.37% ownership.

Netflix, Inc. (NASDAQ:NFLX - Get Free Report) shares traded up 1% on Tuesday after Citic Securities raised their price target on the stock from $95.00 to $107.00. Citic Securities currently has a hold rating on the stock. Netflix traded as high as $92.34 and last traded at $92.3150. 33,237,279 shares traded hands during trading, a decline of 31% from the average session volume of 48,041,723 shares. The stock had previously closed at $91.37.

NFLX has been the topic of several other reports. Citizens Jmp restated a "market perform" rating on shares of Netflix in a report on Wednesday, April 15th. Royal Bank Of Canada restated a "hold" rating on shares of Netflix in a report on Wednesday, January 21st. Susquehanna upgraded shares of Netflix to a "positive" rating and set a $112.00 price objective on the stock in a report on Wednesday, January 21st. Loop Capital set a $104.00 price objective on shares of Netflix in a report on Tuesday, January 27th. Finally, TD Cowen decreased their price objective on shares of Netflix from $115.00 to $112.00 and set a "buy" rating on the stock in a report on Wednesday, January 21st. Two analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and fifteen have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $114.82.

Insider Buying and Selling

In other news, CFO Spencer Adam Neumann sold 57,260 shares of Netflix stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $95.50, for a total value of $5,468,330.00. Following the completion of the transaction, the chief financial officer owned 73,787 shares in the company, valued at approximately $7,046,658.50. This trade represents a 43.69% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider David A. Hyman sold 5,727 shares of the business's stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $81.06, for a total value of $464,230.62. Following the transaction, the insider directly owned 316,100 shares of the company's stock, valued at approximately $25,623,066. This represents a 1.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 1,487,794 shares of company stock valued at $136,255,772. 1.37% of the stock is currently owned by company insiders.

More Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix announced a very large stock buyback program that, by some counts, exceeds its entire 2026 content budget — a clear capital‑return move that supports EPS and shareholder value. Netflix's New Stock Buyback Is Bigger Than Its Entire 2026 Content Budget
• Positive Sentiment: Piper Sandler lifted its price target to $115 and kept an Overweight rating after Q1 results, signaling some Wall Street conviction that fundamentals and upside remain intact. Netflix, Inc. (NFLX): One of the Best Big Name Stocks to Buy
• Positive Sentiment: Multiple bullish commentaries (including investor guides and "buy" narratives) argue the current pullback represents a long‑term buying opportunity; these stories can attract value‑oriented buyers. Netflix Stock Is Down 32%. Here's Why It's a Screaming Buy.
• Neutral Sentiment: Seasonality research highlights recurring windows where NFLX historically outperforms, which can influence short‑term trading flows but is not a company fundamental. Stock Seasonality 2026: The Exact Days to Buy and Sell
• Neutral Sentiment: Netflix is broadening its business (ads, live sports, gaming, experiences) and emphasizing profit discipline after passing on a Warner Bros. deal — a strategic shift that reduces acquisition risk but raises questions about growth cadence. Netflix Weighs Profit Discipline Against Growth In Sports Gaming Experiences
• Neutral Sentiment: High engagement in markets like Australia shows strong subscriber traction, but low local‑content viewing suggests limits to regional content monetization upside. Netflix Audiences In Australia Are Booming, But Report Finds They Aren't Watching Local Content
• Negative Sentiment: Bernstein trimmed its price target (from $115 to $110) citing near‑term margin concerns — a reminder margins and content economics could pressure sentiment and estimates. Bernstein Reduces PT on Netflix (NFLX) on Near Term Margin Concerns
• Negative Sentiment: Co‑founder Reed Hastings is leaving the company’s co‑chair role, which creates short‑term leadership uncertainty even if operational continuity remains. Netflix Co-Founder Reed Hastings Is Leaving the Company. What Does This Mean for the Stock?
• Negative Sentiment: Some broker downgrades (e.g., Erste to Hold) and mixed analyst moves keep near‑term volatility and sell‑side debate alive. Finviz — Analyst Moves

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Financial Partners Group Inc grew its stake in Netflix by 0.9% during the 3rd quarter. Financial Partners Group Inc now owns 969 shares of the Internet television network's stock valued at $1,162,000 after acquiring an additional 9 shares in the last quarter. Seascape Capital Management increased its stake in Netflix by 1.6% in the 3rd quarter. Seascape Capital Management now owns 568 shares of the Internet television network's stock valued at $681,000 after buying an additional 9 shares during the period. Crews Bank & Trust increased its stake in Netflix by 5.8% in the 3rd quarter. Crews Bank & Trust now owns 164 shares of the Internet television network's stock valued at $197,000 after buying an additional 9 shares during the period. Apriem Advisors lifted its position in Netflix by 0.6% in the 3rd quarter. Apriem Advisors now owns 1,567 shares of the Internet television network's stock worth $1,879,000 after buying an additional 9 shares in the last quarter. Finally, Tortoise Investment Management LLC boosted its stake in shares of Netflix by 10.8% during the 3rd quarter. Tortoise Investment Management LLC now owns 92 shares of the Internet television network's stock valued at $110,000 after buying an additional 9 shares during the period. Institutional investors and hedge funds own 80.93% of the company's stock.

Netflix Stock Up 1.0%

The business's 50 day simple moving average is $93.89 and its 200-day simple moving average is $97.38. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.41 and a current ratio of 1.41. The company has a market cap of $388.72 billion, a price-to-earnings ratio of 29.82, a price-to-earnings-growth ratio of 1.20 and a beta of 1.67.

Netflix (NASDAQ:NFLX - Get Free Report) last released its quarterly earnings data on Thursday, April 16th. The Internet television network reported $1.23 EPS for the quarter, topping analysts' consensus estimates of $0.76 by $0.47. The firm had revenue of $12.25 billion for the quarter, compared to the consensus estimate of $12.17 billion. Netflix had a return on equity of 40.92% and a net margin of 28.52%.The firm's revenue was up 16.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $6.61 earnings per share. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. Sell-side analysts expect that Netflix, Inc. will post 3.53 earnings per share for the current year.

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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