S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
The 3-Stock Retirement Blueprint (Ad)
Russia accused of 'kidnapping' head of Ukraine nuclear plant
EU chief: New Greece-Bulgaria gas pipeline 'means freedom'
The 3-Stock Retirement Blueprint (Ad)
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Russia blindfolds, detains Ukraine nuclear plant chief
The 3-Stock Retirement Blueprint (Ad)
Ruptured oil pipeline off California approved for repairs
Italy's Meloni vows to put national energy interests first
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
The 3-Stock Retirement Blueprint (Ad)
Russia accused of 'kidnapping' head of Ukraine nuclear plant
EU chief: New Greece-Bulgaria gas pipeline 'means freedom'
The 3-Stock Retirement Blueprint (Ad)
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Russia blindfolds, detains Ukraine nuclear plant chief
The 3-Stock Retirement Blueprint (Ad)
Ruptured oil pipeline off California approved for repairs
Italy's Meloni vows to put national energy interests first
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
The 3-Stock Retirement Blueprint (Ad)
Russia accused of 'kidnapping' head of Ukraine nuclear plant
EU chief: New Greece-Bulgaria gas pipeline 'means freedom'
The 3-Stock Retirement Blueprint (Ad)
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Russia blindfolds, detains Ukraine nuclear plant chief
The 3-Stock Retirement Blueprint (Ad)
Ruptured oil pipeline off California approved for repairs
Italy's Meloni vows to put national energy interests first
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
The 3-Stock Retirement Blueprint (Ad)
Russia accused of 'kidnapping' head of Ukraine nuclear plant
EU chief: New Greece-Bulgaria gas pipeline 'means freedom'
The 3-Stock Retirement Blueprint (Ad)
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Russia blindfolds, detains Ukraine nuclear plant chief
The 3-Stock Retirement Blueprint (Ad)
Ruptured oil pipeline off California approved for repairs
Italy's Meloni vows to put national energy interests first
NASDAQ:NFLX

Netflix - NFLX Stock Forecast, Price & News

$235.44
-4.27 (-1.78%)
(As of 09/30/2022 12:00 AM ET)
Add
Compare
Today's Range
$233.26
▼
$242.44
50-Day Range
$213.91
▼
$249.30
52-Week Range
$162.71
▼
$700.99
Volume
11.85 million shs
Average Volume
10.74 million shs
Market Capitalization
$104.70 billion
P/E Ratio
20.93
Dividend Yield
N/A
Price Target
$295.87

Netflix MarketRank™ Forecast

Analyst Rating
Hold
2.18 Rating Score
Upside/​Downside
25.7% Upside
$295.87 Price Target
Short Interest
Healthy
2.23% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.30
Upright™ Environmental Score
News Sentiment
0.13mentions of Netflix in the last 14 days
Based on 56 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.27%
From $10.03 to $11.06 Per Share

Overall MarketRank™

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

2.63 out of 5 stars

Consumer Discretionary Sector

75th out of 281 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.

Receive NFLX Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Netflix and its competitors with MarketBeat's FREE daily newsletter.

NFLX Stock News Headlines

September 26, 2022 | marketbeat.com
Comcast is an Asset Bonanza Priced Cheap (NFLX)
Global media and communications company Comcast (NASDAQ: CMCSA) stock is down (-37%) on the year and testing its pandemic lows.
September 20, 2022 | marketbeat.com
Roku Stock is Down but Not Out (NFLX)
To say streaming platform and hardware provider Roku (NASDAQ: ROKU) stock is having a bad year down (69%) would be an understatement.
October 2, 2022 | Legacy Research (Ad)
Reclusive trader scores 20 years of winning trades. Learn how.
He had 20 straight years of winning trades without a single losing year… He had 20 straight years of winning trades without a single losing year… And now, he is coming forward to share a brand-new forecast. pixel
September 19, 2022 | marketbeat.com
Oracle’s Short-Term Pain Could Be Your Long-Term Gain (NFLX)
Database and cloud solutions provider Oracle (NASDAQ: ORCL) stock got smoked on its fiscal Q1 2023 earnings report. Shares were holding up relatively
September 16, 2022 | marketbeat.com
MarketBeat: Week in Review 9/12 – 9/16 (NFLX)
In volatile markets, rely on MarketBeat to keep you focused on your investment objectives. Here are some of our most popular articles from this week
September 15, 2022 | marketbeat.com
2 Reasons Netflix Might Have Just Bottomed Out
Shares of Netflix (NASDAQ: NFLX) have dropped as much as 75% in the past yer. That’s not to say there isn’t an opportunity now though.
October 1, 2022 | cnbc.com
Marvel, 'Halloween', 'Big Mouth': 8 new movies and shows streaming on Disney+, Peacock and Netflix this October - CNBC
October 1, 2022 | bizjournals.com
Netflix site allows users to explore New Mexico filming locations - Albuquerque Business First - The Business Journals
October 2, 2022 | Vantage Point (Ad)
How the Wealthy Elite are Picking Stocks
Grab your seat at our LIVE Training for traders. It’s your chance to learn how to pick the right stocks and find the market bottom. We’ll reveal 3 Tips for conquering volatility and a few under-the-radar stocks we believe have significant potential in the long run. Click here now to register. pixel
October 1, 2022 | finance.yahoo.com
3 Stocks You'll Want in Your Portfolio in 2023
October 1, 2022 | seekingalpha.com
Netflix Enters Season 3: Will It Bring Good News For Investors? - Seeking Alpha
October 1, 2022 | time.com
New on Netflix October 2022: Movies, Shows to Stream - TIME
September 30, 2022 | forbes.com
The Big Backlash To Netflix's 'Blonde,' Explained - Forbes
September 30, 2022 | latimes.com
'Schitt's Creek' is leaving Netflix. Where, when to find it next - Los Angeles Times
September 30, 2022 | washingtonpost.com
What to watch on Friday: 'Entergalactic' premieres on Netflix - The Washington Post
September 30, 2022 | forbes.com
‘Blonde’ And ‘Dahmer, Netflix’s #1 Movie And Show, Both Face Exploitation Claims - Forbes
September 30, 2022 | americanbankingnews.com
Netflix (NASDAQ:NFLX) Upgraded to Overweight at Atlantic Securities
September 29, 2022 | marketwatch.com
What's Worth Streaming: From ‘Derry Girls’ to ‘The White Lotus,’ here’s what’s worth streaming in October 2022
September 29, 2022 | seekingalpha.com
Netflix Stock: Fascinating Turn (NASDAQ:NFLX) - Seeking Alpha
September 29, 2022 | forbes.com
What Does Netflix Series, Partner Track Offer From An Inclusive Leadership Education Standpoint? - Forbes
September 28, 2022 | finance.yahoo.com
These 2 Nasdaq Stocks Led Markets Higher Wednesday
September 28, 2022 | cnbc.com
Netflix gets upgrade at Atlantic Equities, which says ad-supported subscriber tier can boost stock by 26% - CNBC
September 28, 2022 | fool.com
Why Netflix Stock Charged Higher Wednesday Morning - The Motley Fool
September 28, 2022 | nytimes.com
Here Are Three Netflix Cartoons You Should Be Watching - The New York Times
September 28, 2022 | forbes.com
‘Dahmer’ Is Netflix’s Biggest Show Debut Since ‘Stranger Things’ Season 4 - Forbes
September 28, 2022 | cnbc.com
How Netflix lost its edge over the competition - CNBC
September 28, 2022 | forbes.com
‘Dahmer’ Is A Disturbing Masterpiece, But The Victims’ Families Say It’s Cruel
See More Headlines
Receive NFLX Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Netflix and its competitors with MarketBeat's FREE daily newsletter.

NFLX Company Calendar

Last Earnings
7/19/2022
Today
10/02/2022
Next Earnings (Confirmed)
10/18/2022
Fiscal Year End
12/31/2022
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
11,300
Year Founded
1997

Price Target and Rating

Average Stock Price Forecast
$295.87
High Stock Price Forecast
$730.00
Low Stock Price Forecast
$157.00
Forecasted Upside/Downside
+25.7%
Consensus Rating
Hold
Rating Score (0-4)
2.18
Research Coverage
39 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$11.25
Trailing P/E Ratio
20.93
Forward P/E Ratio
23.47
P/E Growth
1.67
Net Income
$5.12 billion
Net Margins
16.42%
Pretax Margin
18.74%
Return on Equity
30.07%
Return on Assets
11.39%

Debt

Debt-to-Equity Ratio
0.75
Current Ratio
1.05
Quick Ratio
1.05

Sales & Book Value

Annual Sales
$29.70 billion
Price / Sales
3.53
Cash Flow
$38.85 per share
Price / Cash Flow
6.06
Book Value
$35.70 per share
Price / Book
6.59

Miscellaneous

Outstanding Shares
444,710,000
Free Float
434,078,000
Market Cap
$104.70 billion
Optionable
Optionable
Beta
1.34

Social Links


Key Executives

  • Mr. Wilmot Reed Hastings Jr.Mr. Wilmot Reed Hastings Jr. (Age 62)
    Co-Founder, Chairman, Pres & Co-CEO
    Comp: $1.09M
  • Mr. Theodore A. SarandosMr. Theodore A. Sarandos (Age 57)
    Co-CEO, Chief Content Officer & Director
    Comp: $21.11M
  • Mr. Spencer Adam Neumann (Age 52)
    Chief Financial Officer
    Comp: $6.03M
  • Mr. Gregory K. PetersMr. Gregory K. Peters (Age 51)
    COO & Chief Product Officer
    Comp: $12.31M
  • Mr. David HymanMr. David Hyman (Age 56)
    Chief Legal Officer & Sec.
    Comp: $4.74M
  • Ms. Rachel Whetstone (Age 54)
    Chief Communications Officer
    Comp: $4.75M
  • Mr. Kenneth A. Barker (Age 55)
    VP & Chief Accounting Officer
  • Mr. Spencer Wang
    VP of Fin., Corp. Devel. & Investor Relations
  • Ms. Marian Lee (Age 43)
    Chief Marketing Officer
  • Mr. William J. Holmes (Age 52)
    Global Head of Bus. Devel.

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?

39 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Netflix in the last year. There are currently 6 sell ratings, 20 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" NFLX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NFLX, but not buy additional shares or sell existing shares.
View NFLX analyst ratings or view top-rated stocks.

What is Netflix's stock price forecast for 2022?

39 brokers have issued 12 month price targets for Netflix's stock. Their NFLX share price forecasts range from $157.00 to $730.00. On average, they expect the company's stock price to reach $295.87 in the next year. This suggests a possible upside of 25.7% from the stock's current price.
View analysts price targets for NFLX or view top-rated stocks among Wall Street analysts.

How have NFLX shares performed in 2022?

Netflix's stock was trading at $602.44 at the beginning of 2022. Since then, NFLX stock has decreased by 60.9% and is now trading at $235.44.
View the best growth stocks for 2022 here.

When is Netflix's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 18th 2022.
View our NFLX earnings forecast.

How can I listen to Netflix's earnings call?

Netflix will be holding an earnings conference call on Tuesday, October 18th at 6:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Netflix's earnings last quarter?

Netflix, Inc. (NASDAQ:NFLX) posted its earnings results on Tuesday, July, 19th. The Internet television network reported $3.20 earnings per share for the quarter, topping the consensus estimate of $2.90 by $0.30. The Internet television network had revenue of $7.97 billion for the quarter, compared to the consensus estimate of $8.03 billion. Netflix had a net margin of 16.42% and a trailing twelve-month return on equity of 30.07%. The company's revenue for the quarter was up 8.6% compared to the same quarter last year. During the same quarter last year, the company posted $2.97 EPS.
Read the conference call transcript.

When did Netflix's stock split?

Netflix's stock split before market open on Wednesday, July 15th 2015. The 7-1 split was announced on Tuesday, June 23rd 2015. The newly minted shares were issued to shareholders after the closing bell 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 third quarter 2022 earnings guidance on Tuesday, August, 2nd. The company provided EPS guidance of $2.14-$2.14 for the period, compared to the consensus EPS estimate of $2.77. The company issued revenue guidance of $7.84 billion-$7.84 billion, compared to the consensus revenue estimate of $8.08 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."

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 $235.44.

How much money does Netflix make?

Netflix (NASDAQ:NFLX) has a market capitalization of $104.70 billion and generates $29.70 billion in revenue each year. The Internet television network earns $5.12 billion in net income (profit) each year or $11.25 on an earnings per share basis.

How many employees does Netflix have?

The company employs 11,300 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 10/2/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here

As Featured By:

MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

Twitter Facebook StockTwits Financial Juice YouTube

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.