Seaport Res Ptn Has Bullish Estimate for Netflix Q1 Earnings

Key Points

• Seaport Res Ptn has raised its Q1 2026 earnings estimate for Netflix to $7.60 per share, an increase from the previous estimate of $7.43, while maintaining a "Strong-Buy" rating on the stock.
• The consensus estimate for Netflix's full-year earnings is projected at $24.58 per share, with additional estimates for Q2 2026 earnings at $8.58 and FY2027 earnings at $37.07.
• Currently, Netflix holds a consensus rating of "Moderate Buy" among analysts, with a price target averaging $1,337.63, despite a recent downgrade from Wall Street Zen from "buy" to "hold."

Netflix, Inc. (NASDAQ:NFLX - Free Report) - Equities researchers at Seaport Res Ptn upped their Q1 2026 earnings estimates for shares of Netflix in a research note issued to investors on Monday, October 6th. Seaport Res Ptn analyst D. Joyce now anticipates that the Internet television network will post earnings of $7.60 per share for the quarter, up from their previous estimate of $7.43. Seaport Res Ptn currently has a "Strong-Buy" rating on the stock. The consensus estimate for Netflix's current full-year earnings is $24.58 per share. Seaport Res Ptn also issued estimates for Netflix's Q2 2026 earnings at $8.58 EPS and FY2027 earnings at $37.07 EPS.

Several other research analysts also recently weighed in on the stock. Wall Street Zen downgraded shares of Netflix from a "buy" rating to a "hold" rating in a research note on Saturday, October 4th. Canaccord Genuity Group reissued a "buy" rating on shares of Netflix in a research note on Thursday, July 10th. Needham & Company LLC reissued a "buy" rating and issued a $1,500.00 target price on shares of Netflix in a research note on Wednesday, September 10th. Oppenheimer boosted their target price on shares of Netflix from $1,200.00 to $1,425.00 and gave the company an "outperform" rating in a research note on Thursday, June 12th. Finally, Barclays reaffirmed a "sell" rating and set a $1,100.00 price objective (up previously from $1,000.00) on shares of Netflix in a research note on Wednesday, July 9th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, eight have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $1,337.63.

Netflix Stock Performance

NASDAQ:NFLX opened at $1,214.25 on Thursday. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.58. The firm has a 50-day moving average price of $1,208.18 and a two-hundred day moving average price of $1,163.77. Netflix has a twelve month low of $677.88 and a twelve month high of $1,341.15. The company has a market capitalization of $515.97 billion, a P/E ratio of 51.74, a price-to-earnings-growth ratio of 2.00 and a beta of 1.59.

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 period last year, the firm posted $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.

Insider Activity at Netflix

In other news, insider David A. Hyman sold 424 shares of the stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $1,158.67, for a total transaction of $491,276.08. Following the completion of the transaction, the insider directly owned 31,610 shares in the company, valued at approximately $36,625,558.70. This represents a 1.32% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Gregory K. Peters sold 2,026 shares of the stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $1,157.44, for a total value of $2,344,973.44. Following the transaction, the chief executive officer owned 12,781 shares of the company's stock, valued at approximately $14,793,240.64. This trade represents a 13.68% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 104,100 shares of company stock worth $122,710,980. 1.37% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Netflix

Several large investors have recently added to or reduced their stakes in the company. Sheets Smith Investment Management lifted its stake in Netflix by 1.3% during the third quarter. Sheets Smith Investment Management now owns 1,367 shares of the Internet television network's stock worth $1,639,000 after purchasing an additional 18 shares during the last quarter. Talbot Financial LLC lifted its stake in Netflix by 2.4% during the third quarter. Talbot Financial LLC now owns 17,390 shares of the Internet television network's stock worth $20,849,000 after purchasing an additional 409 shares during the last quarter. Marshall Financial Group LLC lifted its stake in Netflix by 1.4% during the third quarter. Marshall Financial Group LLC now owns 2,766 shares of the Internet television network's stock worth $3,316,000 after purchasing an additional 38 shares during the last quarter. FCG Investment Co lifted its stake in Netflix by 8.5% during the third quarter. FCG Investment Co now owns 2,866 shares of the Internet television network's stock worth $3,436,000 after purchasing an additional 225 shares during the last quarter. Finally, Patriot Financial Group Insurance Agency LLC lifted its stake in Netflix by 144.5% during the third quarter. Patriot Financial Group Insurance Agency LLC now owns 4,713 shares of the Internet television network's stock worth $5,650,000 after purchasing an additional 2,785 shares during the last quarter. 80.93% of the stock is currently owned by institutional investors.

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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