Moffett Nathanson Cuts Netflix (NASDAQ:NFLX) Price Target to $115.00

21 Jan 2026, 10:18 by Teresa Graham · The Cerbat Gem

Netflix (NASDAQ:NFLX – Get Free Report) had its target price cut by research analysts at Moffett Nathanson from $140.00 to $115.00 in a report issued on Wednesday,MarketScreener reports. The firm currently has a “buy” rating on the Internet television network’s stock. Moffett Nathanson’s price objective points to a potential upside of 36.87% from the stock’s previous close.

A number of other analysts have also recently weighed in on the stock. Wall Street Zen cut shares of Netflix from a “buy” rating to a “hold” rating in a research note on Saturday, October 4th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $125.00 target price on shares of Netflix in a report on Wednesday, December 10th. Redburn Partners set a $120.00 price target on Netflix in a report on Wednesday. TD Cowen lowered their price objective on shares of Netflix from $142.00 to $115.00 and set a “buy” rating on the stock in a research note on Tuesday, January 13th. Finally, Morgan Stanley set a $110.00 target price on shares of Netflix and gave the company an “overweight” rating in a research note on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $121.52.

View Our Latest Report on Netflix

Netflix Trading Down 3.7%

Netflix stock opened at $84.02 on Wednesday. Netflix has a one year low of $81.27 and a one year high of $134.12. The company’s fifty day moving average price is $97.95 and its two-hundred day moving average price is $112.22. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.33 and a quick ratio of 1.33. The company has a market capitalization of $356.02 billion, a price-to-earnings ratio of 35.05 and a beta of 1.71.

Netflix (NASDAQ:NFLX – Get Free Report) last released its quarterly earnings results on Tuesday, January 20th. The Internet television network reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.01. The company had revenue of $12.05 billion during the quarter, compared to the consensus estimate of $11.97 billion. Netflix had a return on equity of 41.86% and a net margin of 24.05%.The firm’s revenue was up 17.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $4.27 EPS. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. On average, analysts forecast that Netflix will post 24.58 earnings per share for the current fiscal year.

Insider Activity at Netflix

In other news, Director Reed Hastings sold 426,290 shares of the stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $91.67, for a total value of $39,078,004.30. Following the completion of the transaction, the director directly owned 3,940 shares of the company’s stock, valued at approximately $361,179.80. This represents a 99.08% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Bradford L. Smith sold 31,790 shares of the business’s stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $88.86, for a total value of $2,824,859.40. Following the completion of the sale, the director directly owned 79,690 shares in the company, valued at approximately $7,081,253.40. This represents a 28.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,653,599 shares of company stock worth $173,141,263 in the last ninety days. Company insiders own 1.37% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its holdings in Netflix by 0.4% during the 3rd quarter. Vanguard Group Inc. now owns 38,521,322 shares of the Internet television network’s stock valued at $46,183,983,000 after purchasing an additional 142,238 shares during the last quarter. State Street Corp increased its holdings in shares of Netflix by 2.1% during the second quarter. State Street Corp now owns 17,444,013 shares of the Internet television network’s stock worth $23,359,801,000 after buying an additional 360,604 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Netflix by 2.4% in the second quarter. Geode Capital Management LLC now owns 9,926,733 shares of the Internet television network’s stock valued at $13,234,278,000 after acquiring an additional 229,182 shares during the last quarter. Nordea Investment Management AB boosted its holdings in shares of Netflix by 886.6% in the 4th quarter. Nordea Investment Management AB now owns 9,667,997 shares of the Internet television network’s stock worth $902,798,000 after acquiring an additional 8,688,113 shares in the last quarter. Finally, Assenagon Asset Management S.A. grew its position in Netflix by 983.1% during the 4th quarter. Assenagon Asset Management S.A. now owns 6,234,314 shares of the Internet television network’s stock worth $584,529,000 after acquiring an additional 5,658,740 shares during the last quarter. 80.93% of the stock is owned by institutional investors.

Key Stories Impacting Netflix

Here are the key news stories impacting Netflix this week:

Positive Sentiment: Q4 beat and subscriber strength — Netflix reported EPS slightly above consensus and revenue roughly in line while topping ~325M paid subscribers, showing the core streaming business still growing. Article Title
Positive Sentiment: Ad revenue momentum — Management said advertising revenue exceeded ~$1.5B in 2025, supporting a diversified monetization path beyond subscriptions. Article Title
Neutral Sentiment: All‑cash WBD amendment — Netflix converted its WBD bid to an all‑cash structure (same headline price), which can speed shareholder voting and removes stock‑contingent risk, but concentrates cash needs on Netflix. Article Title
Neutral Sentiment: Analyst views mixed with lowered targets — Several firms kept Buy/Overweight ratings but trimmed price targets, reflecting confidence in long‑term fundamentals alongside deal and margin uncertainty. Article Title
Negative Sentiment: Disappointing near‑term guidance — Q1 EPS guidance came in below many Street forecasts, which triggered selling despite the quarter’s beat. Article Title
Negative Sentiment: Share‑buyback paused to fund WBD — Management paused repurchases to conserve cash for the Warner transaction, removing a shareholder‑friendly use of cash and raising near‑term return concerns. Article Title
Negative Sentiment: Higher content spend & margin pressure — Netflix plans to increase program spending (~10% in 2026), which could compress near‑term margins as it pushes growth and integration of WBD assets. Article Title
Negative Sentiment: Capital structure and insider activity concerns — Reports of additional debt financing for the WBD bid and recent insider sales added to investor wariness, amplified by broader market risk‑off headlines. Article Title • Insider Trade

Netflix Company Profile

(Get Free Report)

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.