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NASDAQ:NFLX - Netflix Stock Price, Forecast & News

$298.50
+0.06 (+0.02 %)
(As of 12/15/2019 03:41 PM ET)
Today's Range
$297.25
Now: $298.50
$301.80
50-Day Range
$270.41
MA: $297.75
$315.93
52-Week Range
$231.23
Now: $298.50
$385.99
Volume3.76 million shs
Average Volume5.49 million shs
Market Capitalization$130.69 billion
P/E Ratio111.38
Dividend YieldN/A
Beta1.3
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. Read More…

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$15.79 billion
Cash Flow$20.32 per share
Book Value$12.00 per share

Profitability

Net Income$1.21 billion

Miscellaneous

Employees7,300
Market Cap$130.69 billion
Next Earnings Date1/16/2020 (Estimated)
OptionableOptionable

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Netflix (NASDAQ:NFLX) Frequently Asked Questions

What is Netflix's stock symbol?

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

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

Netflix shares 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.

How were Netflix's earnings last quarter?

Netflix, Inc. (NASDAQ:NFLX) released its quarterly earnings data on Wednesday, October, 16th. The Internet television network reported $1.47 earnings per share for the quarter, topping the consensus estimate of $1.05 by $0.42. The Internet television network had revenue of $5.25 billion for the quarter, compared to analyst estimates of $5.25 billion. Netflix had a net margin of 7.49% and a return on equity of 23.65%. The company's quarterly revenue was up 31.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.89 earnings per share. View Netflix's Earnings History.

When is Netflix's next earnings date?

Netflix is scheduled to release their next quarterly earnings announcement on Thursday, January 16th 2020. View Earnings Estimates for Netflix.

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

Netflix issued an update on its fourth quarter earnings guidance on Wednesday, October, 16th. The company provided earnings per share guidance of $0.51 for the period, compared to the Thomson Reuters consensus estimate of $0.85. The company issued revenue guidance of $5.442 billion, compared to the consensus revenue estimate of $5.51 billion.

What price target have analysts set for NFLX?

38 equities research analysts have issued twelve-month price objectives for Netflix's shares. Their forecasts range from $188.00 to $446.00. On average, they expect Netflix's stock price to reach $371.91 in the next twelve months. This suggests a possible upside of 24.6% from the stock's current price. View Analyst Price Targets for Netflix.

What is the consensus analysts' recommendation for Netflix?

38 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Netflix in the last year. There are currently 4 sell ratings, 11 hold ratings, 22 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Netflix.

What are Wall Street analysts saying about Netflix stock?

Here are some recent quotes from research analysts about Netflix stock:
  • 1. According to Zacks Investment Research, "Netflix is expected to benefit from an expanding content portfolio despite increasing competition from the likes of YouTube, HBO, Amazon Prime video, Disney, Apple and Peacock. The company provided an optimistic third-quarter outlook and believes that the lost shows (Friends and The Office) will free up budget that can be spent on original content. The acquisition of Seinfeld’s streaming rights is a positive in this regard. Meanwhile, estimates have been stable ahead of the company’s third-quarter earnings release. Netflix has a record of positive earnings surprises in recent quarters. Nevertheless, high streaming content obligation and increased spending are expected to hurt cash flow generation. In fact, higher cash burn rate in 2019 is a major headwind. Netflix’s shares have underperformed the industry on a year-to-date basis." (10/11/2019)
  • 2. 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)
  • 3. 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)
  • 4. Stifel Nicolaus analysts commented, "We outline our thoughts ahead of the quarter below. Key Points 1Q expectations: We forecast +1.61mm domestic paid net streaming subscriber additions in 1Q versus consensus of +1.60mm and the company’s forecast of +1.60mm. For international streaming, we estimate +7.35mm versus consensus of +7.32mm and guidance for +7.30mm. 1Q results follow 4Q’s impressive paid net add performance as the company added nearly +9mm paid net subscribers, above guidance by over +1mm (and above our pre-4Q guide expectations by approximately +4mm paid net adds). Our revenue growth estimate for 1Q is +21% y/y, in line with guidance of +21% y/y. The 1Q revenue deceleration is impacted by an approximate 600bp FX headwind (~$200mm), which should improve through the year based on current spot rates (the company faced a $183mm FX headwind in 4Q). We expect operating margins of 9.0% in 1Q, versus guidance of 8.9%." (4/8/2019)

Has Netflix been receiving favorable news coverage?

Media coverage about NFLX stock has been trending somewhat negative this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Netflix earned a news impact score of -1.9 on InfoTrie's scale. They also gave news headlines about the Internet television network a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Netflix.

Are investors shorting Netflix?

Netflix saw a drop in short interest during the month of November. As of November 29th, there was short interest totalling 23,840,000 shares, a drop of 6.1% from the November 14th total of 25,390,000 shares. Based on an average trading volume of 8,229,500 shares, the short-interest ratio is presently 2.9 days. Approximately 5.6% of the company's stock are short sold. 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), Alibaba Group (BABA), Tesla (TSLA), Micron Technology (MU), Verizon Communications (VZ), Walt Disney (DIS), Paypal (PYPL), Bank of America (BAC), Alphabet (GOOG) and JPMorgan Chase & Co. (JPM).

Who are Netflix's key executives?

Netflix's management team includes the folowing 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

Who are Netflix's major shareholders?

Netflix's stock is owned by a number of of retail and institutional investors. Top institutional investors include State Street Corp (3.76%), Fisher Asset Management LLC (0.51%), Massachusetts Financial Services Co. MA (0.45%), Sumitomo Mitsui Trust Holdings Inc. (0.40%), First Trust Advisors LP (0.32%) and Gilder Gagnon Howe & Co. LLC (0.31%). Company insiders that own Netflix stock include A George Battle, Ann Mather, Anne M Sweeney, Bradford L Smith, David A Hyman, David B Wells, Gregory K Peters, Jay C Hoag, Jonathan Friedland, Kelly Bennett, Leslie J Kilgore, Reed Hastings, Richard N Barton, Theodore A Sarandos and Timothy M Haley. View Institutional Ownership Trends for Netflix.

Which institutional investors are selling Netflix stock?

NFLX stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Parametric Portfolio Associates LLC, Atalanta Sosnoff Capital LLC, Columbus Circle Investors, First Trust Advisors LP, Gabelli Funds LLC, Gilder Gagnon Howe & Co. LLC and AMF Pensionsforsakring AB. Company insiders that have sold Netflix company stock in the last year include Ann Mather, Anne M Sweeney and Reed Hastings. View Insider Buying and Selling for Netflix.

Which institutional investors are buying Netflix stock?

NFLX stock was purchased by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Maverick Capital Ltd., Voloridge Investment Management LLC, California Public Employees Retirement System, State Street Corp, State of New Jersey Common Pension Fund D, Assenagon Asset Management S.A. and Russell Investments Group Ltd.. View Insider Buying and Selling 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 $298.50.

How big of a company is Netflix?

Netflix has a market capitalization of $130.69 billion and generates $15.79 billion in revenue each year. The Internet television network earns $1.21 billion in net income (profit) each year or $2.68 on an earnings per share basis. Netflix employs 7,300 workers across the globe.View Additional Information About Netflix.

What is Netflix's official website?

The official website for Netflix is http://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.


MarketBeat Community Rating for Netflix (NASDAQ NFLX)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  2,425 (Vote Outperform)
Underperform Votes:  2,486 (Vote Underperform)
Total Votes:  4,911
MarketBeat's community ratings are surveys of what our community members think about Netflix and other stocks. Vote "Outperform" if you believe NFLX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NFLX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/15/2019 by MarketBeat.com Staff

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