Equities Analysts Offer Predictions for Netflix Q4 Earnings

Netflix, Inc. (NASDAQ:NFLX) – Seaport Res Ptn lowered their Q4 2024 earnings per share estimates for shares of Netflix in a research report issued on Wednesday, January 15th. Seaport Res Ptn analyst D. Joyce now forecasts that the Internet television network will earn $4.22 per share for the quarter, down from their prior estimate of $4.25. The consensus estimate for Netflix’s current full-year earnings is $19.78 per share. Seaport Res Ptn also issued estimates for Netflix’s Q2 2025 earnings at $5.99 EPS and FY2026 earnings at $28.36 EPS.

Other equities research analysts have also issued reports about the company. Guggenheim increased their price target on Netflix from $825.00 to $950.00 and gave the stock a “buy” rating in a research report on Monday. Wolfe Research reissued an “outperform” rating on shares of Netflix in a research note on Friday, October 18th. Citigroup raised their target price on Netflix from $725.00 to $920.00 and gave the company a “neutral” rating in a research note on Thursday, December 5th. Oppenheimer reduced their price target on shares of Netflix from $1,065.00 to $1,040.00 and set an “outperform” rating on the stock in a research report on Wednesday. Finally, Sanford C. Bernstein raised their price objective on shares of Netflix from $625.00 to $780.00 and gave the company a “market perform” rating in a research report on Friday, October 18th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and twenty-four have assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $845.06.

Netflix Price Performance

NASDAQ:NFLX opened at $842.37 on Friday. The firm has a market cap of $360.08 billion, a PE ratio of 47.67, a price-to-earnings-growth ratio of 1.35 and a beta of 1.27. The company’s 50-day moving average price is $882.41 and its two-hundred day moving average price is $756.61. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.62. Netflix has a 12 month low of $475.26 and a 12 month high of $941.75.

Netflix (NASDAQ:NFLX) last posted its earnings results on Thursday, October 17th. The Internet television network reported $5.40 earnings per share for the quarter, topping the consensus estimate of $5.09 by $0.31. Netflix had a net margin of 20.70% and a return on equity of 35.86%. The business had revenue of $9.82 billion for the quarter, compared to analyst estimates of $9.77 billion.

Institutional Investors Weigh In On Netflix

Institutional investors have recently bought and sold shares of the company. RPg Family Wealth Advisory LLC acquired a new stake in shares of Netflix in the third quarter valued at approximately $25,000. E Fund Management Hong Kong Co. Ltd. increased its holdings in Netflix by 700.0% during the third quarter. E Fund Management Hong Kong Co. Ltd. now owns 48 shares of the Internet television network’s stock worth $34,000 after buying an additional 42 shares during the last quarter. MidAtlantic Capital Management Inc. acquired a new stake in Netflix in the third quarter valued at $37,000. FSA Wealth Management LLC acquired a new stake in Netflix in the third quarter valued at $38,000. Finally, First Personal Financial Services acquired a new position in shares of Netflix during the 3rd quarter worth about $40,000. Institutional investors own 80.93% of the company’s stock.

Insider Activity

In other news, insider David A. Hyman sold 267 shares of the business’s stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $765.67, for a total value of $204,433.89. Following the sale, the insider now directly owns 31,610 shares in the company, valued at $24,202,828.70. The trade was a 0.84 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Richard N. Barton sold 6,364 shares of the company’s stock in a transaction dated Tuesday, January 7th. The stock was sold at an average price of $879.38, for a total value of $5,596,374.32. Following the transaction, the director now directly owns 246 shares of the company’s stock, valued at $216,327.48. This represents a 96.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 152,198 shares of company stock worth $127,616,898 over the last quarter. 1.76% of the stock is currently owned by company insiders.

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.