Netflix (NASDAQ:NFLX) Releases Q1 Earnings Guidance

Netflix (NASDAQ:NFLX) updated its first quarter earnings guidance on Tuesday. The company provided EPS guidance of $5.58 for the period, compared to the consensus EPS estimate of $5.97. The company issued revenue guidance of $10.416 billion, compared to the consensus revenue estimate of $10.49 billion. Netflix also updated its FY 2025 guidance to EPS.

Netflix Stock Performance

Netflix stock opened at $953.99 on Thursday. The firm has a market capitalization of $407.79 billion, a P/E ratio of 48.11, a price-to-earnings-growth ratio of 1.41 and a beta of 1.27. The company’s 50-day moving average is $886.64 and its 200 day moving average is $762.07. Netflix has a 1-year low of $481.40 and a 1-year high of $999.00. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.13 and a quick ratio of 1.13.

Netflix (NASDAQ:NFLX) last released its quarterly earnings data on Tuesday, January 21st. The Internet television network reported $4.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.20 by $0.07. The company had revenue of $10.25 billion during the quarter, compared to analysts’ expectations of $10,141,900 billion. Netflix had a net margin of 22.34% and a return on equity of 39.48%. The firm’s quarterly revenue was up 16.0% on a year-over-year basis. During the same period in the previous year, the company earned $2.11 EPS. Research analysts forecast that Netflix will post 23.43 EPS for the current year.

Wall Street Analyst Weigh In

NFLX has been the topic of a number of research analyst reports. Evercore ISI boosted their price target on Netflix from $950.00 to $1,100.00 and gave the stock an “outperform” rating in a research note on Wednesday. Macquarie lifted their price target on Netflix from $965.00 to $1,150.00 and gave the company an “outperform” rating in a research report on Wednesday. Argus boosted their target price on shares of Netflix from $840.00 to $1,040.00 and gave the company a “buy” rating in a research note on Monday, January 6th. Loop Capital raised their price target on shares of Netflix from $925.00 to $1,000.00 and gave the company a “hold” rating in a research report on Wednesday. Finally, Needham & Company LLC upped their target price on Netflix from $800.00 to $1,150.00 and gave the stock a “buy” rating in a research note on Wednesday. Nine investment analysts have rated the stock with a hold rating, twenty-six have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $993.82.

Insider Buying and Selling at Netflix

In other Netflix news, insider David A. Hyman sold 267 shares of Netflix stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $765.67, for a total value of $204,433.89. Following the transaction, the insider now directly owns 31,610 shares in the company, valued at approximately $24,202,828.70. This trade represents a 0.84 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Chairman Reed Hastings sold 48,363 shares of the stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $896.60, for a total value of $43,362,265.80. Following the sale, the chairman now directly owns 114 shares of the company’s stock, valued at approximately $102,212.40. This represents a 99.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 152,198 shares of company stock worth $127,616,898. 1.76% of the stock is owned by company insiders.

About Netflix

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.