Wedbush Issues Optimistic Estimate for Netflix Earnings

Netflix, Inc. (NASDAQ:NFLX) – Equities research analysts at Wedbush lifted their Q2 2025 EPS estimates for shares of Netflix in a research note issued on Monday, April 21st. Wedbush analyst A. Reese now anticipates that the Internet television network will earn $7.18 per share for the quarter, up from their previous forecast of $6.17. Wedbush has a “Outperform” rating and a $1,200.00 price target on the stock. The consensus estimate for Netflix’s current full-year earnings is $24.58 per share. Wedbush also issued estimates for Netflix’s FY2025 earnings at $25.80 EPS, Q1 2026 earnings at $7.88 EPS, Q2 2026 earnings at $8.32 EPS, FY2026 earnings at $31.15 EPS and FY2027 earnings at $37.00 EPS.

Netflix (NASDAQ:NFLX) last announced its quarterly earnings data on Thursday, April 17th. The Internet television network reported $6.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.74 by $0.87. The business had revenue of $10.54 billion for the quarter, compared to analysts’ expectations of $10.51 billion. Netflix had a return on equity of 38.32% and a net margin of 22.34%. During the same period last year, the firm earned $8.28 earnings per share.

NFLX has been the topic of a number of other reports. UBS Group cut their price target on Netflix from $1,150.00 to $1,140.00 and set a “buy” rating on the stock in a research note on Tuesday, April 15th. Seaport Res Ptn raised Netflix from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 15th. Wolfe Research raised Netflix from a “peer perform” rating to an “outperform” rating and set a $1,100.00 price target for the company in a report on Thursday, January 23rd. Phillip Securities raised shares of Netflix from a “moderate sell” rating to a “hold” rating in a report on Monday. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Netflix from $1,025.00 to $1,150.00 and gave the stock an “overweight” rating in a research report on Monday. Ten analysts have rated the stock with a hold rating, twenty-seven have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $1,070.65.

Netflix Price Performance

Netflix stock opened at $1,049.94 on Wednesday. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.56. The company has a fifty day simple moving average of $953.84 and a 200-day simple moving average of $898.31. The stock has a market cap of $449.12 billion, a P/E ratio of 52.95, a price-to-earnings-growth ratio of 2.12 and a beta of 1.55. Netflix has a 12-month low of $544.25 and a 12-month high of $1,064.97.

Insider Activity at Netflix

In other news, CAO Jeffrey William Karbowski sold 480 shares of the firm’s stock in a transaction that occurred on Thursday, January 30th. The shares were sold at an average price of $986.75, for a total transaction of $473,640.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider David A. Hyman sold 41,121 shares of the company’s stock in a transaction that occurred on Thursday, January 30th. The shares were sold at an average price of $979.01, for a total value of $40,257,870.21. Following the completion of the sale, the insider now directly owns 31,610 shares in the company, valued at approximately $30,946,506.10. The trade was a 56.54 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 273,855 shares of company stock valued at $267,474,816 in the last ninety days. Corporate insiders own 1.76% of the company’s stock.

Hedge Funds Weigh In On Netflix

A number of institutional investors have recently made changes to their positions in NFLX. GAMMA Investing LLC lifted its stake in shares of Netflix by 109,524.3% during the first quarter. GAMMA Investing LLC now owns 8,835,722 shares of the Internet television network’s stock valued at $8,239,576,000 after buying an additional 8,827,662 shares during the period. Norges Bank acquired a new position in Netflix in the 4th quarter valued at $5,019,087,000. Proficio Capital Partners LLC lifted its stake in shares of Netflix by 123,836.7% during the 4th quarter. Proficio Capital Partners LLC now owns 1,925,977 shares of the Internet television network’s stock worth $1,716,662,000 after purchasing an additional 1,924,423 shares during the period. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Netflix by 59.3% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 2,301,098 shares of the Internet television network’s stock worth $2,051,016,000 after purchasing an additional 856,307 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA grew its position in shares of Netflix by 318.9% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 976,924 shares of the Internet television network’s stock valued at $870,752,000 after purchasing an additional 743,724 shares during the period. 80.93% of the stock is owned by institutional investors and hedge funds.

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.