Pivotal Research has downgraded Netflix Inc (NFLX) to Hold from Buy, reflecting a shift in sentiment regarding the company's outlook. The downgrade, effective December 7, 2025, suggests increased caution amid concerns about competitive pressures and market conditions that could impact Netflix's performance.
Currently trading at $96.66, Netflix operates in the media industry, providing entertainment services to over 190 countries. The company, headquartered in Los Gatos, California, employs approximately 14,000 full-time staff and is known for its extensive library of television series, films, and games. As of December 4, 2025, Netflix boasts a market capitalization of $435.2 billion and a trailing P/E ratio of 41.72 with an EPS of 2.39.
Analyst ratings, while informative, are based on various assumptions and financial models that may not always hold true. Investors should consider a range of factors, including company fundamentals and industry trends, when making decisions. As of December 1, 2025, the consensus among analysts remains a Buy, with 16 Strong Buy ratings, 27 Buy, and 14 Hold ratings from a total of 57 analysts.
This update provides insight into the evolving landscape for Netflix as it navigates challenges, including the introduction of new content and service offerings, such as games and advertising. Upcoming earnings are scheduled for July 15, 2026, with an estimated EPS of $0.88 and revenue of $12.8 billion, following a mixed earnings performance in recent quarters.