Netflix (NASDAQ:NFLX) Posts Quarterly Earnings Results, Beats Expectations By $0.87 EPS

Netflix (NASDAQ:NFLX - Get Free Report) released its quarterly earnings results on Thursday. The Internet television network reported $6.61 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $5.74 by $0.87, Zacks reports. The company had revenue of $10.54 billion for the quarter, compared to the consensus estimate of $10.51 billion. Netflix had a net margin of 22.34% and a return on equity of 38.32%. During the same quarter in the prior year, the firm earned $8.28 earnings per share. Netflix updated its Q2 2025 guidance to 7.030-7.030 EPS and its FY 2025 guidance to EPS.

Netflix Stock Up 1.5 %

Shares of NFLX stock traded up $14.88 during trading hours on Monday, reaching $987.91. 9,691,896 shares of the company's stock were exchanged, compared to its average volume of 3,697,010. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.56. The company has a market cap of $422.59 billion, a price-to-earnings ratio of 49.82, a P/E/G ratio of 2.12 and a beta of 1.55. Netflix has a fifty-two week low of $542.01 and a fifty-two week high of $1,064.50. The stock's 50 day moving average is $954.87 and its 200-day moving average is $894.38.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. UBS Group reduced their price objective on Netflix from $1,150.00 to $1,140.00 and set a "buy" rating on the stock in a research note on Tuesday, April 15th. Wedbush lifted their price objective on shares of Netflix from $1,150.00 to $1,200.00 and gave the stock an "outperform" rating in a research note on Monday. Phillip Securities downgraded shares of Netflix from a "hold" rating to a "moderate sell" rating in a research note on Friday, January 24th. Argus lifted their price target on shares of Netflix from $840.00 to $1,040.00 and gave the stock a "buy" rating in a research note on Monday, January 6th. Finally, BMO Capital Markets reissued an "outperform" rating and issued a $1,200.00 price objective (up previously from $1,175.00) on shares of Netflix in a research note on Friday. Nine investment analysts have rated the stock with a hold rating, twenty-seven have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Netflix has an average rating of "Moderate Buy" and an average price target of $1,070.65.

Insider Buying and Selling

In other Netflix news, CAO Jeffrey William Karbowski sold 480 shares of the business's stock in a transaction that occurred on Thursday, January 30th. The shares were sold at an average price of $986.75, for a total transaction of $473,640.00. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Chairman Reed Hastings sold 25,360 shares of the firm's stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $921.15, for a total transaction of $23,360,364.00. Following the completion of the transaction, the chairman now directly owns 394 shares of the company's stock, valued at approximately $362,933.10. This represents a 98.47 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 274,312 shares of company stock worth $267,919,297 in the last ninety days. 1.76% of the stock is owned by insiders.

Hedge Funds Weigh In On Netflix

An institutional investor recently raised its position in Netflix stock. Revolve Wealth Partners LLC grew its position in Netflix, Inc. (NASDAQ:NFLX - Free Report) by 16.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,023 shares of the Internet television network's stock after purchasing an additional 144 shares during the period. Revolve Wealth Partners LLC's holdings in Netflix were worth $912,000 at the end of the most recent quarter. 80.93% of the stock is owned by institutional investors.

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.