Netflix, Inc. (NASDAQ:NFLX – Get Free Report) shares were down 5.8% during mid-day trading on Monday . The company traded as low as $71.81 and last traded at $72.88. Approximately 81,089,980 shares were traded during mid-day trading, an increase of 80% from the average session volume of 45,035,691 shares. The stock had previously closed at $77.38.
Key Netflix News
Here are the key news stories impacting Netflix this week:
- Positive Sentiment: Netflix announced an expanded video podcast partnership with iHeartMedia and also bought a “Hot Ones” spinoff, signaling continued investment in original and creator-driven content that could help engagement and advertising growth. Netflix Buys a ‘Hot Ones’ Spinoff
- Positive Sentiment: Some coverage argues the stock may be attractively valued after its pullback, pointing to Netflix’s scale, large paid membership base, and still-strong profitability metrics. Buy, Hold, or Sell: Netflix Slipped Under $78. Is This Premium Streamer an Automatic Buy?
- Neutral Sentiment: Analyst-focused commentary notes that brokerage ratings and target-price discussions remain an active part of the debate around the stock, but no major new fundamentals were disclosed in those reports. Brokers Suggest Investing in Netflix (NFLX): Read This Before Placing a Bet
- Negative Sentiment: Several reports say the stock is falling because investors are disappointed by Netflix’s inability to land major acquisitions, with headlines specifically pointing to failed or lost deals and renewed anxiety about competition. Netflix Stock Sinks To 52-Week Low — What’s Going On?
- Negative Sentiment: Analysts at Citizens JMP reportedly warned against “catching the falling knife,” reinforcing bearish sentiment after the stock’s steep decline and fresh 52-week lows. Netflix Stock Slump Continues: Citizens JMP Warns Against Catching the Falling Knife
- Negative Sentiment: Commentary from multiple outlets highlights continued weakness in the share price, with the latest drop tied to worries that Netflix is no longer getting the growth boost investors expected from deal-making or stock-split enthusiasm. Down 17%, Is Netflix a Buy After Walking Away From Warner Bros. and Roku?
Analyst Upgrades and Downgrades
NFLX has been the topic of several recent research reports. Morgan Stanley reissued an “overweight” rating on shares of Netflix in a research report on Friday, April 17th. President Capital raised their price objective on shares of Netflix from $133.00 to $134.00 and gave the stock a “buy” rating in a research report on Tuesday, March 31st. Oppenheimer set a $120.00 target price on shares of Netflix and gave the stock an “outperform” rating in a research note on Friday, April 17th. Wolfe Research reiterated an “outperform” rating and issued a $107.00 target price on shares of Netflix in a report on Friday, April 17th. Finally, JPMorgan Chase & Co. reissued a “buy” rating on shares of Netflix in a research note on Wednesday, April 22nd. Two research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, sixteen have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $114.26.
Netflix Trading Down 5.8%
The business has a fifty day moving average price of $88.88 and a two-hundred day moving average price of $90.01. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.43. The firm has a market capitalization of $306.88 billion, a PE ratio of 23.54, a PEG ratio of 0.98 and a beta of 1.50.
Netflix (NASDAQ:NFLX – Get Free Report) last issued its quarterly earnings data on Thursday, April 16th. The Internet television network reported $1.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.47. Netflix had a net margin of 28.52% and a return on equity of 40.92%. The firm had revenue of $12.25 billion for the quarter, compared to analyst estimates of $12.17 billion. During the same period in the previous year, the firm earned $6.61 EPS. Netflix’s revenue was up 16.2% on a year-over-year basis. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. Analysts expect that Netflix, Inc. will post 3.6 EPS for the current fiscal year.
Insiders Place Their Bets
In other news, CFO Spencer Adam Neumann sold 9,253 shares of the company’s stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $88.95, for a total value of $823,054.35. Following the transaction, the chief financial officer directly owned 73,787 shares in the company, valued at approximately $6,563,353.65. This represents a 11.14% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Bradford L. Smith sold 35,990 shares of Netflix stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $77.52, for a total transaction of $2,789,944.80. Following the completion of the sale, the director owned 79,690 shares of the company’s stock, valued at $6,177,568.80. This trade represents a 31.11% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 1,349,019 shares of company stock worth $123,105,721. Insiders own 1.24% of the company’s stock.
Institutional Investors Weigh In On Netflix
A number of institutional investors have recently modified their holdings of the company. First Financial Corp IN lifted its position in shares of Netflix by 900.0% during the fourth quarter. First Financial Corp IN now owns 270 shares of the Internet television network’s stock worth $25,000 after purchasing an additional 243 shares in the last quarter. DiNuzzo Private Wealth Inc. increased its stake in Netflix by 885.2% during the 4th 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 during the period. 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 buying an additional 268 shares during the period. Imprint Wealth LLC acquired a new stake in Netflix during the 3rd quarter worth approximately $25,000. Finally, Cornerstone Financial Management LLC acquired a new stake in Netflix during the 4th quarter worth approximately $26,000. 80.93% of the stock is owned by institutional investors and hedge funds.
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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