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Netflix (NFLX)
NASDAQ:NFLX
Netflix (NFLX) Stock Price & Analysis
34,940 Followers
NFLX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$344.73 - $689.88
Previous Close$673.61
Volume2.41M
Average Volume (3M)3.47M
Market Cap
$290.26B
Enterprise Value$297.23B
Total Cash (Recent Filing)$7.05B
Total Debt (Recent Filing)$14.02B
Price to Earnings (P/E)46.7
Beta1.50
Next Earnings
Jul 18, 2024EPS Estimate
$4.74Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)14.41
Shares Outstanding430,964,991
10 Day Avg. Volume2,817,209
30 Day Avg. Volume3,473,499
Standard Deviation0.12
R-Squared0.30
Alpha0.00320
Financial Highlights & Ratios
Price to Book (P/B)-28.72
Price to Sales (P/S)8.77
Price to Cash Flow (P/CF)33.40
P/FCF Ratio32.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue8.51
Enterprise Value/Gross Profit21.22
Enterprise Value/Ebitda13.03
Forecast
1Y Price Target
$662.95Price Target Upside-2.45% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering37
Netflix News
PremiumMarket News
QQQ ETF Update, 6/24/2024 
Bulls Say, Bears Say
Bulls Say
Content AcquisitionHigh-quality exclusive sports content, such as WWE, the Tyson vs Paul fight, and the NFL, is believed to drive more new subs and longer engagement lengths than new entertainment content.
Investor SentimentInvestor sentiment turned decidedly more bullish owing to NFLX's Upfront presentation and its deal with the NFL to be the exclusive streaming platform for 2 NFL games on Christmas day for each of the next 3 years.
Revenue GrowthAd-free tier plans and paid sharing to bolster revenue growth.
Bears Say
Content CostsHigher-than-anticipated content costs could negatively impact financial performance.
Disclosure PracticesThe decision to stop reporting subscribers and ARM in 2025 will likely be a debated topic among investors.
Member GrowthSlowing member additions in developed markets pose a significant risk.
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Ownership Overview
5.28% Insiders
27.81% Mutual Funds
20.39% Other Institutional Investors
46.53% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Netflix
Desktop Users
Mobile Users
NFLX FAQ
What was Netflix’s price range in the past 12 months?
Netflix lowest stock price was $344.73 and its highest was $689.88 in the past 12 months.
What is Netflix’s market cap?
Currently, no data Available
When is Netflix’s upcoming earnings report date?
Netflix’s upcoming earnings report date is Jul 18, 2024 which is in 15 days.
How were Netflix’s earnings last quarter?
Netflix released its earnings results on Apr 18, 2024. The company reported $5.28 earnings per share for the quarter, beating the consensus estimate of $4.524 by $0.756.
Is Netflix overvalued?
According to Wall Street analysts Netflix’s price is currently Overvalued.
Does Netflix pay dividends?
Netflix does not currently pay dividends.
What is Netflix’s EPS estimate?
Netflix’s EPS estimate is $4.74.
How many shares outstanding does Netflix have?
Netflix has 430,901,150 shares outstanding.
What happened to Netflix’s price movement after its last earnings report?
Netflix reported an EPS of $5.28 in its last earnings report, beating expectations of $4.524. Following the earnings report the stock price went down -9.093%.
Which hedge fund is a major shareholder of Netflix?
Among the largest hedge funds holding Netflix’s share is Fisher Asset Management LLC. It holds Netflix’s shares valued at 3B.
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Netflix Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$662.95 (-2.45% Downside)
$662.95 (-2.45% Downside)
Blogger Sentiment
Bullish
NFLX Sentiment 80%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 2.3M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days >0.1%
Last 30 Days ▲ 1.8%
Last 30 Days ▲ 1.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
52.92%
12-Months-Change
Fundamentals
Return on Equity
29.80%
Trailing 12-Months
Asset Growth
-1.34%
Trailing 12-Months
Company Description
Netflix
Netflix, Inc. is a subscription-based streaming service through which members can view TV shows, documentaries and movies on any internet-connected device. The company also offers its DVD-by-mail service in the United States. Founded by Marc Randolph and Wilmot Reed Hastings Jr., on August 29, 1997, Netflix is headquartered in Los Gatos, CA.
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NFLX Earnings Call
Q1 2024
0:00 / 0:00
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NFLX Revenue Breakdown
99.75% Streaming revenues
0.25% DVD revenues
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NFLX Stock 12 Month Forecast
Average Price Target
$662.95
▼(-2.45% Downside)
Technical Analysis
Best Analysts Covering NFLX
1 Year
1 Year Success Rate
19/19 ratings generated profit
1 Year Average Return
+46.52%
reiterated a buy rating 2 months ago
Copying Jason Helfstein's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +46.52% per trade.
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