On March 30, 2026, Citizens began coverage of Netflix (NASDAQ: NFLX) with a ‘Market Perform’ recommendation. The average one-year price target for Netflix is $116.45 per share, indicating a potential upside of 24.64% from its recent closing price of $93.43.
Projected annual revenue for Netflix stands at $40,377 million, a decrease of 10.64%, with an estimated non-GAAP EPS of 17.24. Institutional ownership decreased by 27.50% over the last quarter, with a total of 3,646 funds reporting positions. Notably, total shares owned by institutions increased by 739.52% to 3,350,133K shares, and the put/call ratio is 0.89, reflecting a bullish sentiment.
Significant shareholders include Geode Capital Management, which holds 99,599K shares (2.36% ownership), and Capital World Investors with 89,341K shares (2.12% ownership), both reporting increases in share ownership despite decreasing portfolio allocations in Netflix over the last quarter.
