Netflix (NASDAQ:NFLX) Lowered to “Hold” Rating by Erste Group Bank

Erste Group Bank downgraded shares of Netflix (NASDAQ:NFLX) from a buy rating to a hold rating in a report released on Monday morning, MarketBeat.com reports.

A number of other research analysts have also recently issued reports on the stock. Seaport Research Partners lifted their price objective on shares of Netflix from $115.00 to $119.00 and gave the company a “buy” rating in a report on Friday, April 17th. Phillip Securities boosted their price target on shares of Netflix from $100.00 to $110.00 in a report on Monday, April 20th. Argus cut their price target on shares of Netflix from $141.00 to $110.00 and set a “buy” rating on the stock in a report on Thursday, January 22nd. Needham & Company LLC restated a “buy” rating on shares of Netflix in a report on Friday, April 17th. Finally, The Goldman Sachs Group upgraded shares of Netflix from a “neutral” rating to a “buy” rating in a report on Monday, April 13th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and fifteen have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $114.82.

Netflix Stock Down 1.2%

Shares of NASDAQ NFLX opened at $91.36 on Monday. The stock has a market capitalization of $384.72 billion, a P/E ratio of 29.51, a P/E/G ratio of 1.20 and a beta of 1.67. The company has a 50-day moving average price of $93.89 and a 200-day moving average price of $97.38. Netflix has a 1 year low of $75.01 and a 1 year high of $134.12. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.41 and a quick ratio of 1.41.

Netflix (NASDAQ:NFLX) 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 analysts’ consensus estimates of $0.76 by $0.47. The firm had revenue of $12.25 billion during the quarter, compared to analysts’ expectations of $12.17 billion. Netflix had a net margin of 28.52% and a return on equity of 40.92%. The business’s revenue was up 16.2% on a year-over-year basis. During the same period last year, the company earned $6.61 earnings per share. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, equities research analysts forecast that Netflix will post 3.53 EPS for the current fiscal year.

Insider Activity

In other Netflix news, CFO Spencer Adam Neumann sold 57,260 shares of Netflix stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $95.50, for a total value of $5,468,330.00. Following the sale, the chief financial officer owned 73,787 shares of the company’s stock, valued at approximately $7,046,658.50. The trade was a 43.69% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Reed Hastings sold 420,550 shares of Netflix stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $95.49, for a total transaction of $40,158,319.50. Following the completion of the sale, the director directly owned 3,940 shares in the company, valued at approximately $376,230.60. This represents a 99.07% 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. Insiders have sold a total of 1,487,794 shares of company stock valued at $136,255,772 in the last three months. 1.37% of the stock is owned by company insiders.

Institutional Trading of Netflix

Several hedge funds have recently added to or reduced their stakes in NFLX. Brighton Jones LLC raised its position in Netflix by 5.0% in the fourth quarter. Brighton Jones LLC now owns 5,390 shares of the Internet television network’s stock worth $4,804,000 after acquiring an additional 257 shares during the period. Revolve Wealth Partners LLC raised its position in Netflix by 16.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 1,023 shares of the Internet television network’s stock worth $912,000 after acquiring an additional 144 shares during the period. Sivia Capital Partners LLC raised its position in Netflix by 21.2% in the second quarter. Sivia Capital Partners LLC now owns 1,406 shares of the Internet television network’s stock worth $1,883,000 after acquiring an additional 246 shares during the period. Strategic Investment Advisors MI raised its position in Netflix by 18.9% in the second quarter. Strategic Investment Advisors MI now owns 774 shares of the Internet television network’s stock worth $1,036,000 after acquiring an additional 123 shares during the period. Finally, Schnieders Capital Management LLC. raised its position in Netflix by 12.1% in the second quarter. Schnieders Capital Management LLC. now owns 2,115 shares of the Internet television network’s stock worth $2,832,000 after acquiring an additional 228 shares during the period. Institutional investors own 80.93% of the company’s stock.

More Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix unveiled a massive $25 billion buyback that exceeds its 2026 content budget, signaling strong capital returns and management confidence — a major catalyst for longer‑term valuation upside. Netflix’s New Stock Buyback Is Bigger Than Its Entire 2026 Content Budget
• Positive Sentiment: Multiple bullish retail/analysis pieces frame the buyback and ongoing margin focus as a buy case (e.g., a “25 billion reason” argument), reinforcing investor interest in share repurchases as a driver for returns. A $25 Billion Reason to Buy Netflix Stock in April 2026
• Positive Sentiment: Analysts and commentators (including Jim Cramer) continue to express conviction in Netflix’s long‑term growth prospects, which can support demand amid short‑term volatility. Jim Cramer Doesn’t Believe It’s Over With Netflix (NFLX)
• Neutral Sentiment: Citic Securities raised its price target to $107 (still a “hold”), implying upside but stopping short of a buy recommendation — a mixed signal for traders. Citic Securities Adjusts Price Target on Netflix
• Neutral Sentiment: Coverage comparing Netflix to other large tech winners (e.g., Nvidia) highlights differing risk/reward profiles; useful context but not an immediate price driver. Nvidia vs. Netflix: Wall Street Says This Large Tech Stock Will Make You Richer
• Neutral Sentiment: Management is emphasizing profit discipline and diversifying into ads, live sports, gaming and experiences — a strategic shift that supports margins but will take time to materialize. Netflix Weighs Profit Discipline Against Growth In Sports Gaming Experiences
• Negative Sentiment: Co‑founder Reed Hastings is leaving the company, creating leadership uncertainty and raising questions about strategic continuity after the decision not to pursue a Warner merger. That news is a key reason some investors are trimming exposure. Netflix Co-Founder Reed Hastings Is Leaving the Company
• Negative Sentiment: Some analysts and commentators argue the $25B buyback may not fully placate investors — expectations around growth and execution remain high and could pressure the stock if results lag. A $25 Billion Buyback, Even Bigger Expectations: Netflix Faces Investor Doubts
• Negative Sentiment: Erste Group downgraded NFLX from “buy” to “hold,” adding selling pressure from some institutional investors. Finviz: Netflix Quote

Netflix Company Profile

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.