Netflix (NFLX) to Release Quarterly Earnings on Thursday

Netflix (NASDAQ:NFLX - Get Free Report) is projected to issue its Q2 2025 quarterly earnings data after the market closes on Thursday, July 17th. Analysts expect the company to announce earnings of $7.05 per share and revenue of $11.04 billion for the quarter. Netflix has set its Q2 2025 guidance at 7.030-7.030 EPS and its FY 2025 guidance at EPS.

Netflix (NASDAQ:NFLX - Get Free Report) last posted its quarterly earnings data on Thursday, April 17th. The Internet television network reported $6.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.74 by $0.87. The firm had revenue of $10.54 billion for the quarter, compared to the consensus estimate of $10.51 billion. Netflix had a return on equity of 39.61% and a net margin of 23.07%. During the same quarter in the prior year, the business earned $8.28 EPS. On average, analysts expect Netflix to post $25 EPS for the current fiscal year and $30 EPS for the next fiscal year.

Netflix Trading Down 0.4%

NFLX traded down $5.48 during mid-day trading on Friday, reaching $1,245.11. The stock had a trading volume of 3,948,915 shares, compared to its average volume of 3,766,443. The firm's fifty day simple moving average is $1,221.70 and its two-hundred day simple moving average is $1,049.04. The stock has a market capitalization of $529.88 billion, a P/E ratio of 58.84, a P/E/G ratio of 2.27 and a beta of 1.59. Netflix has a 52 week low of $587.04 and a 52 week high of $1,341.15. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.20 and a current ratio of 1.20.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on NFLX. Evercore ISI reiterated an "outperform" rating on shares of Netflix in a report on Thursday, May 15th. Macquarie raised their target price on shares of Netflix from $1,150.00 to $1,200.00 and gave the company an "outperform" rating in a research note on Monday, April 21st. Oppenheimer lifted their price target on shares of Netflix from $1,200.00 to $1,425.00 and gave the stock an "outperform" rating in a research report on Thursday, June 12th. Needham & Company LLC boosted their price target on shares of Netflix from $1,126.00 to $1,500.00 and gave the stock a "buy" rating in a research note on Friday. Finally, BMO Capital Markets reaffirmed an "outperform" rating and issued a $1,200.00 price objective (up from $1,175.00) on shares of Netflix in a research note on Friday, April 18th. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, twenty-five have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $1,214.52.

Insider Activity at Netflix

In other news, CFO Spencer Adam Neumann sold 2,601 shares of the stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $1,307.22, for a total transaction of $3,400,079.22. Following the completion of the transaction, the chief financial officer directly owned 3,691 shares in the company, valued at $4,824,949.02. This represents a 41.34% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Reed Hastings sold 9,673 shares of the stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $1,329.11, for a total value of $12,856,481.03. Following the transaction, the director directly owned 394 shares of the company's stock, valued at $523,669.34. This trade represents a 96.09% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 186,723 shares of company stock valued at $223,307,201 over the last three months. Insiders own 1.37% of the company's stock.

Hedge Funds Weigh In On Netflix

A hedge fund recently raised its stake in Netflix stock. Revolve Wealth Partners LLC lifted its position in shares of Netflix, Inc. (NASDAQ:NFLX - Free Report) by 16.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,023 shares of the Internet television network's stock after purchasing an additional 144 shares during the period. Revolve Wealth Partners LLC's holdings in Netflix were worth $912,000 as of its most recent filing with the Securities and Exchange Commission. 80.93% of the stock is owned by institutional investors and hedge funds.

About Netflix

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.