Netflix (NASDAQ:NFLX) Issues Q1 Earnings Guidance

Netflix (NASDAQ:NFLX) issued an update on its first quarter earnings guidance on Tuesday morning. The company provided earnings per share guidance of $5.58 for the period, compared to the consensus earnings per share 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

NASDAQ:NFLX opened at $869.68 on Wednesday. Netflix has a twelve month low of $479.90 and a twelve month high of $941.75. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.62. The stock has a market cap of $371.75 billion, a P/E ratio of 49.22, a PEG ratio of 1.40 and a beta of 1.27. The business’s 50-day moving average price is $885.64 and its two-hundred day moving average price is $760.81.

Netflix (NASDAQ:NFLX) last announced its quarterly earnings data on Tuesday, January 21st. The Internet television network reported $4.27 earnings per share for the quarter, topping analysts’ consensus estimates of $4.20 by $0.07. The firm had revenue of $10.25 billion during the quarter, compared to analyst estimates of $10,141,900 billion. Netflix had a net margin of 20.70% and a return on equity of 35.86%. The business’s quarterly revenue was up 16.0% on a year-over-year basis. During the same period in the previous year, the business posted $2.11 EPS. As a group, equities analysts predict that Netflix will post 19.76 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Macquarie increased their price target on shares of Netflix from $795.00 to $965.00 and gave the stock an “outperform” rating in a research note on Monday, January 13th. Citigroup upped their price target on shares of Netflix from $725.00 to $920.00 and gave the company a “neutral” rating in a research report on Thursday, December 5th. Needham & Company LLC lifted their target price on Netflix from $700.00 to $800.00 and gave the company a “buy” rating in a research report on Friday, October 18th. UBS Group upped their price target on shares of Netflix from $825.00 to $1,040.00 and gave the stock a “buy” rating in a research report on Thursday, December 19th. Finally, Canaccord Genuity Group increased their target price on Netflix from $760.00 to $940.00 and gave the stock a “hold” rating in a research report on Monday, December 2nd. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating, twenty-four have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $845.06.

Insider Activity at Netflix

In other news, Chairman Reed Hastings sold 48,363 shares of Netflix stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $896.60, for a total transaction of $43,362,265.80. Following the completion of the transaction, the chairman now directly owns 114 shares of the company’s stock, valued at $102,212.40. The trade was a 99.76 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Richard N. Barton sold 6,364 shares of the stock in a transaction on Tuesday, January 7th. The stock was sold at an average price of $879.38, for a total transaction of $5,596,374.32. Following the sale, the director now directly owns 246 shares in the company, valued at $216,327.48. This trade 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 three months. Company insiders own 1.76% of the company’s stock.

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.