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GE   104.01 (+0.52%)
DIS   93.76 (+1.07%)
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PFE   36.48 (-0.73%)
PYPL   61.27 (-0.31%)
NFLX   371.29 (+9.22%)
QQQ   337.27 (+1.86%)
AAPL   175.05 (+1.37%)
MSFT   318.52 (+1.44%)
META   246.85 (+1.80%)
GOOGL   122.83 (+1.65%)
AMZN   118.15 (+2.29%)
TSLA   176.89 (+1.74%)
NVDA   316.78 (+4.97%)
NIO   7.82 (-2.62%)
BABA   85.77 (-5.41%)
AMD   107.93 (+4.03%)
T   16.55 (-0.66%)
F   11.64 (+1.22%)
MU   67.57 (+4.08%)
CGC   1.05 (+0.00%)
GE   104.01 (+0.52%)
DIS   93.76 (+1.07%)
AMC   5.07 (-0.59%)
PFE   36.48 (-0.73%)
PYPL   61.27 (-0.31%)
NFLX   371.29 (+9.22%)
NASDAQ:NFLX

Netflix (NFLX) Stock Forecast, Price & News

$371.29
+31.33 (+9.22%)
(As of 05/18/2023 ET)
Compare
Today's Range
$346.37
▼
$375.87
50-Day Range
$292.76
▼
$348.28
52-Week Range
$164.28
▼
$379.43
Volume
20.78 million shs
Average Volume
7.36 million shs
Market Capitalization
$165.05 billion
P/E Ratio
39.92
Dividend Yield
N/A
Price Target
$347.78
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability

Netflix MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
6.3% Downside
$347.78 Price Target
Short Interest
Healthy
1.92% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.30
Upright™ Environmental Score
News Sentiment
0.10mentions of Netflix in the last 14 days
Based on 80 Articles This Week
Insider Trading
Selling Shares
$10.90 M Sold Last Quarter
Proj. Earnings Growth
30.12%
From $11.19 to $14.56 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.30 out of 5 stars

Consumer Discretionary Sector

114th out of 260 stocks

Video Tape Rental Industry

1st out of 3 stocks

See Top Rated MarketRank™ Stocks Here

NFLX stock logo

About Netflix (NASDAQ:NFLX) Stock

Netflix is a digital technology and media company and company that put streaming on the map. Begun as an easy way to get DVDs through the mail, Netflix ended the era begun by Blockbuster and ushered in a new age with the advent of streaming media. Today, the company provides a complete range of digitized media content and its services are available through most types of media devices. Netflix, Inc. is headquartered in Los Gatos, California, and went public in 2002.

Netflix was founded on August 29, 1997, by partners Reed Hastings and Marc Randolph. The two met after their previous projects merged together and came up with the idea while carpooling to work. The idea was to find a category of goods akin to Amazon’s dominance with books and make them available over the Internet in a similar fashion.

The pair had already discounted the idea of renting VHS tapes over the mail when they heard about DVDs which first became available in 1997. After a test run to be sure a DVD could be mailed and delivered intact, the pair jumped into the multi-billion dollar movie rental business head first. Along the way, the company will make many innovations including a tool that makes personalized movie suggestions for each member. In 2006 membership will top 5 million then later, in 2007, the company will enter the streaming market where it will quickly dominate too.

Netflix entered the original content market in 2012 with the release of Hemlock Grove. Hemlock Grove is a supernatural drama that was followed up by Orange Is The New Black. Orange Is The New Black was a groundbreaking series for viewers and led to a series of other successes including Stranger Things. In March 2021 Netflix Studios was the most nominated at the Academy Awards.

Today the company has approximately 222 million paid members in 190 countries and offers services in more than 62 languages. Subscribers can choose from a variety of plans but all include unlimited access to all the content on the site. The difference in plans is in how many screens or devices can be used at a single time which allows subscription-sharing among family and friends.

The company has also moved on from a pure-play on rentals to making its own content and has a growing portfolio of brands to its credit. At one point in the company’s evolution, Jeff Bezos offered to acquire the company for Amazon for about $15 million but Hastings turned him down. The company was valued at a market cap of $99.42 BILLION in late 2022.

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NFLX Stock News Headlines

May 16, 2023 | marketbeat.com
Akamai Technologies Soars on Robust Cybersecurity and Cloud Sales (NFLX)
Cloud services and content delivery network (CDN) operator Akamai Technologies Inc. (NASDAQ: AKAM) had substantial profits driven by record security
May 10, 2023 | marketbeat.com
Netflix CEO Ted Sarandos withdraws from PEN America gala, citing writers strike
Citing the current Hollywood writers strike, Netflix CEO Ted Sarandos will not be attending next week’s PEN America Gala in Manhattan, when he was to accept a Business Visionary Award
May 18, 2023 | Behind the Markets (Ad)
"Chilling War Games Show US Forces Crushed" – FOX NEWS
=== BREAKING === "Chilling War Games Show US Forces Crushed" - FOX NEWS After losing to China in repeated war games, U.S. military to spend billions on new "living missile" for armed forces. Investors stand to reap 35,960% on shares of small defense contractor that makes powerful new weapon. Get the name of the stock here >>>
May 9, 2023 | marketbeat.com
Is Alteryx Stock Presenting a Buying Opportunity? (NFLX)
Alteryx Inc. (NYSE: AYX) is a big data analytics automation platform enabling companies to collect, process, prepare and analyze data in different formats from
May 8, 2023 | marketbeat.com
Is the Electric Vehicle Movement Losing Steam? (NFLX)
The electric vehicle (EV) movement has become a secular tailwind driven by both global decarbonization initiatives, social awareness and government incentives.
April 22, 2023 | marketbeat.com
MarketBeat Week in Review – 4/17 - 4/21 (NFLX)
Markets ended the week on a down note as further evidence that the markets are likely to continue to bounce around but could get a jolt from earnings next week
April 21, 2023 | marketbeat.com
Netflix Increases Buybacks: Can It Complete A Reversal In 2023? 
Netflix reported a mixed quarter but robust cash flows and a healthy balance sheet point to increases buy backs this year and raise the odds for share prices.
April 19, 2023 | marketbeat.com
Netflix Drops Post Earnings, But Is It Justified? 
Let’s see how shares trade for the rest of the week and keep an optimistic outlook that this is the start of the next chapter in the recovery.
May 18, 2023 | Behind the Markets (Ad)
"Chilling War Games Show US Forces Crushed" – FOX NEWS
=== BREAKING === "Chilling War Games Show US Forces Crushed" - FOX NEWS After losing to China in repeated war games, U.S. military to spend billions on new "living missile" for armed forces. Investors stand to reap 35,960% on shares of small defense contractor that makes powerful new weapon. Get the name of the stock here >>>
April 18, 2023 | marketbeat.com
Netflix reports a first-quarter burst in subscriber growth
Netflix began the year with another burst in subscriber growth that eclipsed analysts’ projections for the third consecutive quarter
April 18, 2023 | marketbeat.com
Netflix to bring down the curtain on its DVD-by-mail service
Netflix is poised to shut down the DVD-by-mail rental service that set the stage for its trailblazing video streaming service
May 18, 2023 | msn.com
Netflix draws 5 million people to ad-tier in first 200 days
May 18, 2023 | msn.com
Netflix shares surge as streamer wows ad community
May 18, 2023 | msn.com
Rebel's Edge Today: $NFLX, $TTWO, And The Miami Heat
May 18, 2023 | finance.yahoo.com
Why Is Netflix (NFLX) Up 5.2% Since Last Earnings Report?
May 18, 2023 | msn.com
Why Netflix Stock Charged Higher Thursday Morning
May 18, 2023 | msn.com
Netflix logs 10% gain amid positivity from first ad upfront
May 18, 2023 | finance.yahoo.com
Netflix revealed how many subscribers are paying for its ad-supported plan
May 18, 2023 | finance.yahoo.com
Debt Ceiling Optimism Brings Markets Back to Life. It’s Not Without Risks.
May 18, 2023 | americanbankingnews.com
Netflix (NASDAQ:NFLX) Receives New Coverage from Analysts at StockNews.com
May 18, 2023 | yahoo.com
Top 5 Bollywood movies that you should watch on Netflix this month
May 18, 2023 | msn.com
‘Virgin River’ Scores Early Season 6 Renewal at Netflix
May 18, 2023 | msn.com
‘Love Is Blind’ Sets Season 5 Premiere On Netflix
May 18, 2023 | barrons.com
Netflix Says Ad-supported Plan Has Nearly 5 Mn Users
May 17, 2023 | msn.com
PHOTOS: 25 hunky Netflix stars we’d love to ‘chill’ with
May 17, 2023 | yahoo.com
Netflix touts nearly 5M monthly active users for ad-supported tier
May 17, 2023 | msn.com
Netflix 2023 Upfront Takeaways: Streamer Hits Scripted Drama Hard When TV Cannot
See More Headlines
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NFLX Company Calendar

Last Earnings
4/18/2023
Today
5/18/2023
Next Earnings (Estimated)
7/18/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Video tape rental
Sub-Industry
Internet Retail
Sector
Consumer Discretionary
Current Symbol
NASDAQ:NFLX
CUSIP
64110L10
CIK
1065280
Web
www.netflix.com
Phone
(408) 540-3700
Fax
408-540-3737
Employees
12,800
Year Founded
1997

Price Target and Rating

Average Stock Price Forecast
$347.78
High Stock Price Forecast
$440.00
Low Stock Price Forecast
$215.00
Forecasted Upside/Downside
-6.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
37 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$9.30
Trailing P/E Ratio
40.08
Forward P/E Ratio
33.31
P/E Growth
1.33
Net Income
$4.49 billion
Net Margins
13.16%
Pretax Margin
14.90%
Return on Equity
20.43%
Return on Assets
8.75%

Debt

Debt-to-Equity Ratio
0.64
Current Ratio
1.26
Quick Ratio
1.26

Sales & Book Value

Annual Sales
$31.62 billion
Price / Sales
5.24
Cash Flow
$47.31 per share
Price / Cash Flow
7.88
Book Value
$49.10 per share
Price / Book
7.59

Miscellaneous

Outstanding Shares
444,540,000
Free Float
433,646,000
Market Cap
$165.71 billion
Optionable
Optionable
Beta
1.27

Social Links


Key Executives

  • Theodore A. SarandosTheodore A. Sarandos
    Co-Chief Executive Officer & Director
  • Gregory K. PetersGregory K. Peters
    Co-Chief Executive Officer & Director
  • Spencer Adam Neumann
    Chief Financial Officer
  • Adriane C. McFetridge
    Engineering Director
  • Dean C. Garfield
    Vice President

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













NFLX Stock - Frequently Asked Questions

Should I buy or sell Netflix stock right now?

37 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Netflix in the last year. There are currently 3 sell ratings, 10 hold ratings and 24 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" NFLX shares.
View NFLX analyst ratings or view top-rated stocks.

What is Netflix's stock price forecast for 2023?

37 analysts have issued 12-month price targets for Netflix's shares. Their NFLX share price forecasts range from $215.00 to $440.00. On average, they predict the company's stock price to reach $347.78 in the next year. This suggests that the stock has a possible downside of 6.7%.
View analysts price targets for NFLX or view top-rated stocks among Wall Street analysts.

How have NFLX shares performed in 2023?

Netflix's stock was trading at $294.88 on January 1st, 2023. Since then, NFLX stock has increased by 26.4% and is now trading at $372.77.
View the best growth stocks for 2023 here.

When is Netflix's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 18th 2023.
View our NFLX earnings forecast.

How were Netflix's earnings last quarter?

Netflix, Inc. (NASDAQ:NFLX) issued its earnings results on Tuesday, April, 18th. The Internet television network reported $2.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.83 by $0.05. The Internet television network had revenue of $8.16 billion for the quarter, compared to analysts' expectations of $8.18 billion. Netflix had a net margin of 13.16% and a trailing twelve-month return on equity of 20.43%. The firm's quarterly revenue was up 3.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $3.53 EPS.
Read the conference call transcript.

What ETFs hold Netflix's stock?

ETFs with the largest weight of Netflix (NASDAQ:NFLX) stock in their portfolio include Invesco Dynamic Media ETF (PBS), Gabelli Growth Innovators ETF (GGRW), Pacer BioThreat Strategy ETF (VIRS), Invesco S&P 500 Equal Weight Communication Services ETF (EWCO), ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA), Optimize AI Smart Sentiment Event-Driven ETF (OAIE), Direxion Daily Select Large Caps & FANGs Bull 2X Shares (FNGG) and AdvisorShares Gerber Kawasaki ETF (GK).

When did Netflix's stock split?

Netflix shares split on the morning of Wednesday, July 15th 2015. The 7-1 split was announced on Tuesday, June 23rd 2015. The newly issued shares were distributed to shareholders after the market closes on Tuesday, July 14th 2015. An investor that had 100 shares of stock prior to the split would have 700 shares after the split.

What guidance has Netflix issued on next quarter's earnings?

Netflix updated its second quarter 2023 earnings guidance on Wednesday, April, 19th. The company provided earnings per share guidance of $2.84-$2.84 for the period, compared to the consensus earnings per share estimate of $3.05. The company issued revenue guidance of $8.24 billion-$8.24 billion, compared to the consensus revenue estimate of $8.48 billion.

What is Reed Hastings' approval rating as Netflix's CEO?

676 employees have rated Netflix Chief Executive Officer Reed Hastings on Glassdoor.com. Reed Hastings has an approval rating of 90% among the company's employees.

What other stocks do shareholders of Netflix own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Netflix investors own include NVIDIA (NVDA), Tesla (TSLA), Alibaba Group (BABA), Walt Disney (DIS), Advanced Micro Devices (AMD), Alphabet (GOOG), Boeing (BA), Micron Technology (MU), Salesforce (CRM) and PayPal (PYPL).

What is Netflix's stock symbol?

Netflix trades on the NASDAQ under the ticker symbol "NFLX."

Who are Netflix's major shareholders?

Netflix's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.45%), FMR LLC (5.30%), State Street Corp (3.64%), Price T Rowe Associates Inc. MD (2.52%), Geode Capital Management LLC (1.85%) and Mizuho Markets Americas LLC (1.57%). Insiders that own company stock include Ann Mather, David A Hyman, Gregory K Peters, Jay C Hoag, Jay C Hoag, Jessica Neal, Leslie J Kilgore, Reed Hastings, Richard N Barton, Rodolphe Belmer, Susan E Rice, Theodore A Sarandos and Timothy M Haley.
View institutional ownership trends.

How do I buy shares of Netflix?

Shares of NFLX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Netflix's stock price today?

One share of NFLX stock can currently be purchased for approximately $372.77.

How much money does Netflix make?

Netflix (NASDAQ:NFLX) has a market capitalization of $165.71 billion and generates $31.62 billion in revenue each year. The Internet television network earns $4.49 billion in net income (profit) each year or $9.30 on an earnings per share basis.

How many employees does Netflix have?

The company employs 12,800 workers across the globe.

Does Netflix have any subsidiaries?
The following companies are subsidiares of Netflix: Boss Fight Entertainment, Millarworld, Netflix Entretenimento Brasil LTDA, Netflix G.K., Netflix Global LLC, Netflix International B.V., Netflix México S. de R.L. de C.V., Netflix Pte. Ltd, Netflix Services France S.A.S., Netflix Services UK Limited, Netflix Servicios de Transmisión España S.L., Netflix Studios LLC, Next Games, Night School Studio, Scanline VFX, StoryBots, and The Roald Dahl Story.
Read More
How can I contact Netflix?

Netflix's mailing address is 100 WINCHESTER CIRCLE, LOS GATOS CA, 95032. The official website for the company is www.netflix.com. The Internet television network can be reached via phone at (408) 540-3700 or via fax at 408-540-3737.

This page (NASDAQ:NFLX) was last updated on 5/18/2023 by MarketBeat.com Staff

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