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Netflix (NFLX)
NASDAQ:NFLX
Netflix (NFLX) Stock Price & Analysis
35,591 Followers
NFLX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$344.73 - $697.49
Previous Close$642.76
Volume4.89M
Average Volume (3M)3.22M
Market Cap
$277.88B
Enterprise Value$285.21B
Total Cash (Recent Filing)$6.66B
Total Debt (Recent Filing)$13.98B
Price to Earnings (P/E)40.2
Beta1.47
Next Earnings
Oct 15, 2024EPS Estimate
$5.07Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)16.00
Shares Outstanding430,964,991
10 Day Avg. Volume2,817,209
30 Day Avg. Volume3,223,078
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/Revenue7.86
Enterprise Value/Gross Profit20.36
Enterprise Value/Ebitda11.89
Forecast
1Y Price Target
$704.81Price Target Upside10.82% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering36
Netflix News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceNetflix beat Q2 expectations and raised full-year guidance, with Q2 revenue up 17% year-over-year and significant net paid subscriber growth.
Revenue And Margin ExpansionNetflix revised upwards its FY24e targets for revenue growth to 14%-15% and operating margin to 26%.
Subscriber GrowthBetter-than-expected 8.1 million net additions continue to support growth, partly due to NFLX’s thriving ads business.
Bears Say
Advertising BusinessThe advertising business is not expected to be a primary growth driver next year.
Revenue GuidanceRevenue and ARPU guide may be implying sub growth even lower than consensus estimates, which indicates Q3 may be unusually weak and some mature regions flipping to negative growth.
Subscriber GrowthSubscriber growth is likely to mean revert, and the company guided to net adds in Q3 below last year’s 8.8mm.
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Ownership Overview
5.30% Insiders
27.84% Mutual Funds
22.28% Other Institutional Investors
44.58% 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 $697.49 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 Oct 15, 2024 which is in 82 days.
How were Netflix’s earnings last quarter?
Netflix released its earnings results on Jul 18, 2024. The company reported $4.88 earnings per share for the quarter, beating the consensus estimate of $4.741 by $0.139.
Is Netflix overvalued?
According to Wall Street analysts Netflix’s price is currently Undervalued.
Does Netflix pay dividends?
Netflix does not currently pay dividends.
What is Netflix’s EPS estimate?
Netflix’s EPS estimate is $5.07.
How many shares outstanding does Netflix have?
Netflix has 429,164,600 shares outstanding.
What happened to Netflix’s price movement after its last earnings report?
Netflix reported an EPS of $4.88 in its last earnings report, beating expectations of $4.741. Following the earnings report the stock price went down -1.508%.
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
1
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$704.81 (10.82% Upside)
$704.81 (10.82% Upside)
Blogger Sentiment
Bullish
NFLX Sentiment 83%
Sector Average 68%
Sector Average 68%
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
Very Positive
Last 7 Days ▲ 0.9%
Last 30 Days ▲ 3.7%
Last 30 Days ▲ 3.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
50.35%
12-Months-Change
Fundamentals
Return on Equity
31.57%
Trailing 12-Months
Asset Growth
-3.38%
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
Q2 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
$704.81
▲(10.82% Upside)
Technical Analysis
Best Analysts Covering NFLX
1 Year
1 Year Success Rate
19/20 ratings generated profit
1 Year Average Return
+40.69%
assigned a buy rating 6 days ago
Copying Jason Helfstein's trades and holding each position for 1 Year would result in 95.00% of your transactions generating a profit, with an average return of +40.69% per trade.
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