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NASDAQ:NFLXNetflix Stock Price, Forecast & News

$419.89
+5.12 (+1.23 %)
(As of 05/27/2020 04:00 PM ET)
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Today's Range
$397.86
Now: $419.89
$420.02
50-Day Range
$370.72
MA: $421.78
$454.19
52-Week Range
$252.28
Now: $419.89
$458.97
Volume10.44 million shs
Average Volume8.27 million shs
Market Capitalization$184.67 billion
P/E Ratio85.00
Dividend YieldN/A
Beta0.97
Netflix, Inc. provides Internet entertainment services. The company operates in three segments: Domestic streaming, International streaming, and Domestic DVD. It offers TV series, documentaries, and feature films across various genres and languages. The company provides members the ability to receive streaming content through a host of Internet-connected screens, including TVs, digital video players, television set-top boxes, and mobile devices. It also provides DVDs-by-mail membership services. The company has approximately 139 million paid members in 190 countries. Netflix, Inc. was founded in 1997 and is headquartered in Los Gatos, California.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.3Community Rank: 2.5Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.41 out of 5 stars


Industry, Sector and Symbol

Industry Video tape rental
Sub-IndustryInternet Retail
SectorConsumer Discretionary
Current SymbolNASDAQ:NFLX
CUSIP64110L10
Phone408-540-3700

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$20.16 billion
Cash Flow$24.93 per share
Book Value$19.12 per share

Profitability

Net Income$1.87 billion

Miscellaneous

Employees8,600
Market Cap$184.67 billion
Next Earnings Date7/15/2020 (Estimated)
OptionableOptionable

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Netflix (NASDAQ:NFLX) Frequently Asked Questions

How has Netflix's stock been impacted by COVID-19 (Coronavirus)?

Netflix's stock was trading at $349.92 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, NFLX shares have increased by 20.0% and is now trading at $419.89. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Netflix?

40 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Netflix in the last year. There are currently 4 sell ratings, 10 hold ratings and 26 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Netflix.

When is Netflix's next earnings date?

Netflix is scheduled to release its next quarterly earnings announcement on Wednesday, July 15th 2020. View our earnings forecast for Netflix.

How were Netflix's earnings last quarter?

Netflix, Inc. (NASDAQ:NFLX) announced its earnings results on Tuesday, April, 21st. The Internet television network reported $1.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.64 by $0.07. The Internet television network had revenue of $5.77 billion for the quarter, compared to analysts' expectations of $5.75 billion. Netflix had a return on equity of 30.83% and a net margin of 10.43%. Netflix's revenue for the quarter was up 27.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.76 earnings per share. View Netflix's earnings history.

When did Netflix's stock split? How did Netflix's stock split work?

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

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

Netflix issued an update on its second quarter earnings guidance on Tuesday, April, 21st. The company provided EPS guidance of $1.81 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.54. The company issued revenue guidance of $6.048 billion, compared to the consensus revenue estimate of $5.95 billion.

What price target have analysts set for NFLX?

40 brokerages have issued 12 month price objectives for Netflix's stock. Their forecasts range from $182.00 to $580.00. On average, they expect Netflix's stock price to reach $434.73 in the next year. This suggests a possible upside of 3.5% from the stock's current price. View analysts' price targets for Netflix.

What are Wall Street analysts saying about Netflix stock?

Here are some recent quotes from research analysts about Netflix stock:
  • 1. Credit Suisse Group AG analysts commented, "ZuRICH (dpa-AFX Analyser) – Die Schweizer Bank Credit Suisse hat die Einstufung fur Netflix auf Outperform" mit einem Kursziel von 440 US-Dollar belassen. Jungste App-Downloads starkten erst recht seine Einschatzung, dass die Marktschatzungen fur den Nettokundenzuwachs im ersten Quartal des Film- und Streaming-Konzerns zu niedrig seien, schrieb Analyst Douglas Mitchelson in einer am Mittwoch vorliegenden Studie./ajx/mne Veroffentlichung der Original-Studie: 08.04.2020 / 04:33 / UTC Erstmalige Weitergabe der Original-Studie: Datum in Studie nicht angegeben / Uhrzeit in Studie nicht angegeben / Zeitzone in Studie nicht angegeben Hinweis: Informationen zur Offenlegungspflicht bei Interessenkonflikten im Sinne von § 85 Abs. 1 WpHG, Art. 20 VO (EU) 596/2014 fur das genannte Analysten-Haus finden Sie unter http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html." (4/8/2020)
  • 2. According to Zacks Investment Research, "Netflix’s fourth-quarter 2019 subscriber addition rate declined in the United States, primarily due to price hike and stiff competition. However, in international streaming markets, Netflix’s subscriber growth continued unabated, driven by a solid content portfolio. Moreover, the launch of low-priced mobile plans in India, Indonesia and Malaysia is expected to expand the subscriber base in the Asia Pacific. However, management expects net additions in the paid subscriber base to decline in first-quarter 2020. Notably, shares have underperformed the industry in the past year. Moreover, high streaming content obligation and increased spending are expected to hurt free cash flow generation. Nevertheless, a solid content portfolio and expanding bundle offerings through partnerships with telcos bode well for Netflix." (1/24/2020)
  • 3. Pivotal Research analysts commented, "We also remind investors that traditional media companies remain hampered in their ability to compete against NFLX given their current high monetization of the existing PayTV model (read: they are loath to create a product that drives consumers from traditional PayTV), not to mention media investor focus on short term margins. As NFLX gains scale, we expect further material price increases, while also still substantial increases in subscriber totals and eventually a rapid expansion in NFLX profitability, which we see reaching an ultimate ~35% EBITDA margin by ‘25 as investment in expanding content slows materially + new market launch/marketing costs dissipate + NFLX realizes scale efficiencies, all of which drive our ~$40 in EPS by ’25." (7/17/2019)
  • 4. Rosenblatt Securities analysts commented, "We increase our price target to $370 driven by a higher implied target multiple and slightly higher international estimates. Pivoting to churn reduction content strategy as domestic scale reached and content competition intensifies. The primary driver of gross adds to SVOD services is first run, high quality original series. NFLX has been successful in this category, most recently by reporting 41M HH watching Stranger Things season 3 in the first five days of launch. However, binge watching drives the need to create even more content. In order to fill the time between original series NFLX has increasingly focused on individual originals like comedy specials, documentaries and movies." (7/10/2019)

Has Netflix been receiving favorable news coverage?

Press coverage about NFLX stock has been trending positive on Wednesday, according to InfoTrie. The research group rates the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Netflix earned a news impact score of 2.5 on InfoTrie's scale. They also assigned news articles about the Internet television network a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutNetflix.

Are investors shorting Netflix?

Netflix saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 13,460,000 shares, a drop of 13.2% from the April 30th total of 15,500,000 shares. Based on an average daily trading volume, of 8,650,000 shares, the short-interest ratio is presently 1.6 days. Approximately 3.1% of the company's shares are sold short. View Netflix's Current Options Chain.

Who are some of Netflix's key competitors?

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), Alphabet (GOOG), Micron Technology (MU), Boeing (BA), Advanced Micro Devices (AMD), salesforce.com (CRM) and Intel (INTC).

Who are Netflix's key executives?

Netflix's management team includes the following people:
  • Mr. Wilmot Reed Hastings Jr., Co-Founder, Chairman, Pres & CEO (Age 59)
  • Mr. Theodore A. Sarandos, Chief Content Officer (Age 54)
  • Mr. Gregory K. Peters, Chief Product Officer (Age 48)
  • Mr. Spencer Adam Neumann, Chief Financial Officer (Age 49)
  • Mr. Spencer Wang, VP of Fin. & Investor Relations

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 a variety of retail and institutional investors. Top institutional shareholders include Capital Research Global Investors (8.62%), State Street Corp (3.72%), Capital International Investors (3.11%), Capital World Investors (2.82%), Jennison Associates LLC (2.04%) and Baillie Gifford & Co. (1.82%). Company insiders that own Netflix stock include Ann Mather, Anne M Sweeney, Bradford L Smith, David A Hyman, David B Wells, Gregory K Peters, Jay C Hoag, Kelly Bennett, Leslie J Kilgore, Reed Hastings, Richard N Barton, Theodore A Sarandos and Timothy M Haley. View institutional ownership trends for Netflix.

Which major investors are selling Netflix stock?

NFLX stock was sold by a variety of institutional investors in the last quarter, including Capital World Investors, Viking Global Investors LP, Technology Crossover Management VII Ltd., Two Sigma Advisers LP, Edgewood Management LLC, Melvin Capital Management LP, WCM Investment Management LLC, and Maverick Capital Ltd.. Company insiders that have sold Netflix company stock in the last year include Ann Mather, Anne M Sweeney, Gregory K Peters, Jay C Hoag, and Reed Hastings. View insider buying and selling activity for Netflix.

Which major investors are buying Netflix stock?

NFLX stock was bought by a variety of institutional investors in the last quarter, including Capital International Investors, Wellington Management Group LLP, Advisor Group Holdings Inc., Sands Capital Management LLC, Jennison Associates LLC, Fisher Asset Management LLC, Morgan Stanley, and Fred Alger Management LLC. View insider buying and selling activity for Netflix.

How do I buy shares of Netflix?

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

What is Netflix's stock price today?

One share of NFLX stock can currently be purchased for approximately $419.89.

How big of a company is Netflix?

Netflix has a market capitalization of $184.67 billion and generates $20.16 billion in revenue each year. The Internet television network earns $1.87 billion in net income (profit) each year or $4.13 on an earnings per share basis. Netflix employs 8,600 workers across the globe.

What is Netflix's official website?

The official website for Netflix is www.netflix.com.

How can I contact Netflix?

Netflix's mailing address is 100 WINCHESTER CIRCLE, LOS GATOS CA, 95032. The Internet television network can be reached via phone at 408-540-3700.

This page was last updated on 5/28/2020 by MarketBeat.com Staff

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