Netflix (NASDAQ:NFLX) Coverage Initiated by Analysts at Wells Fargo & Company

Wells Fargo & Company initiated coverage on shares of Netflix (NASDAQ:NFLX) in a report published on Monday, MarketBeat.com reports. The brokerage issued an equal weight rating and a $105.00 price objective on the Internet television network’s stock.

Other research analysts also recently issued reports about the stock. BMO Capital Markets cut their target price on shares of Netflix from $143.00 to $135.00 and set an “outperform” rating on the stock in a research report on Wednesday, January 21st. TD Cowen lowered their price target on shares of Netflix from $115.00 to $112.00 and set a “buy” rating for the company in a research report on Wednesday, January 21st. Arete Research raised shares of Netflix from a “neutral” rating to a “buy” rating in a research note on Friday, February 27th. Wolfe Research increased their price objective on shares of Netflix from $95.00 to $110.00 and gave the company an “outperform” rating in a report on Friday, February 27th. Finally, Piper Sandler reaffirmed a “positive” rating and issued a $103.00 price objective (down from $140.00) on shares of Netflix in a research note on Wednesday, January 21st. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and fourteen have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $114.67.

Netflix Stock Down 0.7%

NASDAQ NFLX opened at $98.32 on Monday. The stock has a fifty day moving average of $86.39 and a 200-day moving average of $103.39. The stock has a market capitalization of $415.12 billion, a P/E ratio of 38.91, a price-to-earnings-growth ratio of 1.41 and a beta of 1.68. Netflix has a 52 week low of $75.01 and a 52 week high of $134.12. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.19 and a current ratio of 1.19.

Netflix (NASDAQ:NFLX) last issued its quarterly earnings results on Tuesday, January 20th. The Internet television network reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.01. The business had revenue of $12.05 billion for the quarter, compared to analyst estimates of $11.97 billion. Netflix had a return on equity of 43.26% and a net margin of 24.30%.The firm’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.43 earnings per share. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. On average, equities research analysts forecast that Netflix will post 24.58 EPS for the current year.

Insider Buying and Selling

In related news, Director Reed Hastings sold 410,550 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $97.01, for a total transaction of $39,827,455.50. Following the completion of the transaction, the director owned 3,940 shares in the company, valued at approximately $382,219.40. The trade was a 99.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider David A. Hyman sold 5,727 shares of the company’s stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $81.06, for a total transaction of $464,230.62. Following the completion of the sale, the insider directly owned 316,100 shares of the company’s stock, valued at $25,623,066. The trade was a 1.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,520,133 shares of company stock worth $137,259,786 over the last quarter. Insiders own 1.37% of the company’s stock.

Institutional Investors Weigh In On Netflix

Several hedge funds have recently bought and sold shares of the company. Imprint Wealth LLC acquired a new stake in Netflix during the 3rd quarter worth $25,000. Retirement Wealth Solutions LLC bought a new position in Netflix during the third quarter worth about $28,000. Steph & Co. grew its stake in Netflix by 188.9% in the third quarter. Steph & Co. now owns 26 shares of the Internet television network’s stock valued at $31,000 after acquiring an additional 17 shares during the period. Bare Financial Services Inc grew its stake in Netflix by 93.3% in the third quarter. Bare Financial Services Inc now owns 29 shares of the Internet television network’s stock valued at $35,000 after acquiring an additional 14 shares during the period. Finally, Horizon Financial Services LLC increased its holdings in shares of Netflix by 480.0% in the third quarter. Horizon Financial Services LLC now owns 29 shares of the Internet television network’s stock worth $35,000 after acquiring an additional 24 shares in the last quarter. 80.93% of the stock is currently owned by institutional investors and hedge funds.

More Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Walking away from the Warner Bros. Discovery (WBD) deal is being read as a win: investors see Netflix avoiding an ~$83B cash burden and regulatory risk, preserving cash flow and the company’s growth strategy. Netflix After the WBD Deal Collapse
• Positive Sentiment: Management is redeploying the cash payoff: Netflix received a multi‑billion breakup payment and has already acquired InterPositive (Ben Affleck’s AI filmmaking startup), signaling investment in production technology that could improve content economics. How Do You Like Them Apples? Netflix Buys Ben Affleck’s AI Start-Up.
• Positive Sentiment: Some Wall Street voices applaud Netflix’s return to its “Plan A” (organic growth and content takeovers rather than huge deals), which supports sentiment and could underpin the rally after the deal collapse. Top Analyst Applauds Netflix for Returning to ‘Plan A’
• Neutral Sentiment: Analyst coverage is shifting: CFRA upgraded Netflix while Bank of America trimmed its price target (and other shops are issuing fresh coverage)—a mixed signal that leaves institutional views divided. Bank of America Cuts Netflix Price Target
• Neutral Sentiment: Unusual disclosure: a high‑profile investor disclosure showed President Trump bought Netflix bonds during the bidding war — notable but unlikely to move fundamentals. Trump bought Netflix and Warner Bros bonds at height of bidding war
• Negative Sentiment: Valuation concerns and pullback risk: several analysts and columnists warn Netflix’s recent multi‑year run may have priced in robust growth, leaving the stock vulnerable to a correction if execution or subscriber trends slip. Is Netflix Stock Heading For A Correction?
• Negative Sentiment: Insider selling: co‑founder Reed Hastings sold about $39.8M of stock this week; while some analysts call it routine trimming, insider sales can add short‑term selling pressure and fuel negative headlines. Co-Founder Reed Hastings Just Dumped $40 Million In Netflix Stock
• Negative Sentiment: Some firms remain cautious: Wells Fargo resumed coverage with an Equal Weight and a ~$105 target — a signal that not all analysts see strong near‑term upside despite the favorable deal outcome. Netflix Stock Can Heal From Warner Bros. ‘Scars,’ Analyst Says

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.