Netflix Stock Forecast, Price & News

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 39.5% and is now trading at $488.24.
View which stocks have been most impacted by COVID-19.

40 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Netflix in the last year. There are currently 5 sell ratings, 9 hold ratings and 26 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Netflix.

Netflix is scheduled to release its next quarterly earnings announcement on Tuesday, January 19th 2021.
View our earnings forecast for Netflix.

Netflix, Inc. (NASDAQ:NFLX) posted its earnings results on Tuesday, October, 20th. The Internet television network reported $1.74 EPS for the quarter, missing the Zacks' consensus estimate of $2.13 by $0.39. The Internet television network had revenue of $6.44 billion for the quarter, compared to analyst estimates of $6.38 billion. Netflix had a net margin of 11.85% and a return on equity of 33.32%. Netflix's revenue was up 22.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.47 earnings per share.
View Netflix's earnings history.

Netflix shares split on 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 closing bell 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.

Netflix updated its fourth quarter earnings guidance on Tuesday, October, 20th. The company provided earnings per share (EPS) guidance of $1.35 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.94. The company issued revenue guidance of $6.572 billion, compared to the consensus revenue estimate of $6.59 billion.

40 Wall Street analysts have issued 1-year target prices for Netflix's shares. Their forecasts range from $235.00 to $700.00. On average, they expect Netflix's share price to reach $532.21 in the next year. This suggests a possible upside of 9.0% from the stock's current price.
View analysts' price targets for Netflix.

Headlines about NFLX stock have been trending neutral this week, according to InfoTrie. The research firm rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Netflix earned a media sentiment score of 0.4 on InfoTrie's scale. They also gave media headlines about the Internet television network a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future.
View the latest news about Netflix.

Netflix saw a drop in short interest during the month of September. As of September 30th, there was short interest totaling 9,440,000 shares, a drop of 15.3% from the September 15th total of 11,140,000 shares. Based on an average trading volume of 7,180,000 shares, the short-interest ratio is currently 1.3 days. Currently, 2.2% of the shares of the stock are short sold.
View Netflix's Short Interest.

Some companies that are related to Netflix include Amazon.com (AMZN), Booking (BKNG), Expedia Group (EXPE), Overstock.com (OSTK), TripAdvisor (TRIP), 1-800-Flowers.Com (FLWS), CarParts.com (PRTS), PetMed Express (PETS) and Groupon (GRPN).
View all competitors.

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

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

Netflix's stock is owned by many different institutional and retail investors. Top institutional shareholders include Assenagon Asset Management S.A. (0.11%), Barton Investment Management (0.10%), Retirement Systems of Alabama (0.07%), Nisa Investment Advisors LLC (0.04%), Bristol John W & Co. Inc. NY (0.04%) and Standard Life Aberdeen plc (0.04%). 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, Susan E Rice and Theodore A Sarandos.
View institutional ownership trends for Netflix.

NFLX stock was sold by a variety of institutional investors in the last quarter, including Standard Life Aberdeen plc, Rheos Capital Works Inc., Ziegler Capital Management LLC, Gateway Investment Advisers LLC, Redpoint Investment Management Pty Ltd, CenterStar Asset Management LLC, Pacer Advisors Inc., and Barton Investment Management. Company insiders that have sold Netflix company stock in the last year include Anne M Sweeney, David A Hyman, Gregory K Peters, Jay C Hoag, Leslie J Kilgore, Reed Hastings, Richard N Barton, Susan E Rice, and Theodore A Sarandos.
View insider buying and selling activity for Netflix.

NFLX stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Retirement Systems of Alabama, Nisa Investment Advisors LLC, Avantax Advisory Services Inc., Envestnet Asset Management Inc., State of Michigan Retirement System, McKinley Carter Wealth Services Inc., and Darwin Advisors LLC.
View insider buying and selling activity for 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.

One share of NFLX stock can currently be purchased for approximately $488.24.

Netflix has a market capitalization of $215.32 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.

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

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.