Netflix (NASDAQ:NFLX) Stock Rated Buy in New Coverage at Sanford C. Bernstein

Sanford C. Bernstein initiated coverage on shares of Netflix (NASDAQ:NFLX) in a report issued on Monday, Marketbeat Ratings reports. The brokerage issued a buy rating on the Internet television network’s stock.

NFLX has been the topic of several other reports. Itau BBA Securities cut their price target on Netflix from $151.40 to $96.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 5th. Piper Sandler reissued an “overweight” rating and issued a $85.00 price objective (down from $115.00) on shares of Netflix in a report on Friday, July 17th. Pivotal Research lowered their target price on Netflix from $96.00 to $70.00 and set a “hold” rating on the stock in a research note on Friday, July 17th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Netflix in a report on Thursday, August 20th. Finally, Deutsche Bank Aktiengesellschaft set a $110.00 price target on Netflix in a research report on Monday, July 20th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, fifteen have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $95.15.

Netflix Stock Down 1.0%

NFLX stock opened at $69.58 on Monday. The firm’s fifty day simple moving average is $75.81 and its 200-day simple moving average is $82.56. The company has a market capitalization of $289.73 billion, a P/E ratio of 21.90, a price-to-earnings-growth ratio of 0.99 and a beta of 1.53. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.14 and a quick ratio of 1.14. Netflix has a 12 month low of $65.08 and a 12 month high of $124.86.

Netflix (NASDAQ:NFLX) last released its quarterly earnings data on Thursday, July 16th. The Internet television network reported $0.80 earnings per share for the quarter, topping analysts’ consensus estimates of $0.79 by $0.01. Netflix had a net margin of 28.22% and a return on equity of 40.02%. The firm had revenue of $12.56 billion for the quarter, compared to analyst estimates of $12.58 billion. During the same quarter in the prior year, the business earned $0.72 earnings per share. The business’s quarterly revenue was up 13.4% compared to the same quarter last year. As a group, equities research analysts forecast that Netflix will post 3.59 earnings per share for the current year.

Insider Transactions at Netflix

In other Netflix news, insider David A. Hyman sold 5,723 shares of the firm’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $72.85, for a total value of $416,920.55. Following the sale, the insider directly owned 316,100 shares of the company’s stock, valued at approximately $23,027,885. This trade represents a 1.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Gregory K. Peters sold 27,312 shares of the business’s stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $73.54, for a total value of $2,008,524.48. Following the completion of the sale, the chief executive officer owned 120,931 shares of the company’s stock, valued at $8,893,265.74. This trade represents a 18.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 179,045 shares of company stock worth $13,132,194 over the last quarter. Company insiders own 1.24% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in NFLX. Nykredit A S acquired a new position in shares of Netflix during the 2nd quarter worth about $105,697,000. Shepherd Street Advisors LLC purchased a new position in Netflix in the 4th quarter valued at about $2,216,000. University of Texas Texas AM Investment Management Co. boosted its holdings in Netflix by 798.5% in the 4th quarter. University of Texas Texas AM Investment Management Co. now owns 42,542 shares of the Internet television network’s stock worth $3,989,000 after buying an additional 37,807 shares during the last quarter. New Mexico Educational Retirement Board boosted its holdings in Netflix by 900.0% in the 4th quarter. New Mexico Educational Retirement Board now owns 192,210 shares of the Internet television network’s stock worth $18,022,000 after buying an additional 172,989 shares during the last quarter. Finally, Ritholtz Wealth Management boosted its holdings in Netflix by 25.0% in the 1st quarter. Ritholtz Wealth Management now owns 106,451 shares of the Internet television network’s stock worth $10,235,000 after buying an additional 21,260 shares during the last quarter. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Key Headlines Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Deutsche Bank upgraded Netflix to Buy from Hold, arguing that the stock’s lower valuation now provides an attractive risk-reward profile. The bank cited underappreciated international engagement, Netflix’s global production footprint, and potential upside from artificial intelligence and advertising, although it reduced its price target to $95 from $100. Deutsche Bank Makes a Contrarian Call on Netflix—What Does It Mean for Investors?
• Positive Sentiment: Evercore ISI raised its price target to $110, pointing to stronger market penetration, lower churn intentions, and live programming as potential subscriber catalysts. Netflix’s exclusive Japanese WWE rights and broader live-event strategy could support sign-ups and engagement. Netflix analyst outlook
• Neutral Sentiment: Investors are focused on upcoming earnings for evidence that membership growth, pricing, and advertising revenue can offset a maturing U.S. market. Analysts expect double-digit bottom-line growth, but the report may serve as an important test of Netflix’s broader monetization strategy. What You Need to Know Ahead of Netflix’s Earnings Release
• Negative Sentiment: Netflix’s rising content commitments and heavier upfront production spending are raising concerns about free cash flow, particularly as the company expands its global entertainment pipeline. Netflix’s Content Commitments Rise: Is Cash Flow Under Pressure?
• Negative Sentiment: Bearish analysts remain concerned about weaker viewing engagement, a lack of breakout original hits, competition from YouTube, streaming fatigue, and the possibility that advertising will not scale quickly enough to sustain growth. HSBC has a $76 target, while Wells Fargo’s $57 target implies significant downside. Netflix analysts are souring on the stock as growth fears mount

About Netflix

Netflix, Inc (NASDAQ:NFLX) is a global entertainment company that operates a subscription-based streaming service. It offers a broad range of television series, films, documentaries, and other programming, including original productions developed under the Netflix brand and licensed content from third-party studios.

The company also provides advertising-supported viewing options in some markets and has expanded into related entertainment categories, including mobile and cloud-based games, live programming, and consumer products associated with selected titles.