Netflix Stock Forecast, Price & News

Netflix's stock was trading at $349.92 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, NFLX stock has increased by 40.4% and is now trading at $491.36.
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39 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 25 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Netflix or view MarketBeat's top 5 stock picks.

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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) announced its quarterly earnings results on Tuesday, October, 20th. The Internet television network reported $1.74 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.13 by $0.39. The Internet television network earned $6.44 billion during the quarter, compared to analysts' expectations of $6.38 billion. Netflix had a net margin of 11.78% and a return on equity of 31.48%. The business's revenue for the quarter was up 22.7% compared to the same quarter last year. During the same period in the previous year, the business posted $1.47 EPS.
View Netflix's earnings history.

Shares of Netflix split before market open on Wednesday, July 15th 2015. The 7-1 split was announced on Tuesday, June 23rd 2015. The newly created shares were payable 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 issued an update on its fourth quarter earnings guidance on Tuesday, October, 20th. The company provided 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.

39 brokers have issued 1-year price targets for Netflix's shares. Their forecasts range from $235.00 to $700.00. On average, they anticipate Netflix's share price to reach $533.11 in the next twelve months. This suggests a possible upside of 8.5% from the stock's current price.
View analysts' price targets for Netflix.

Some companies that are related to Netflix include Amazon.com (AMZN), Booking (BKNG), Expedia Group (EXPE), TripAdvisor (TRIP), Overstock.com (OSTK), 1-800-FLOWERS.COM (FLWS), Groupon (GRPN), CarParts.com (PRTS) and PetMed Express (PETS).
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 investors include BlackRock Inc. (6.57%), State Street Corp (3.73%), Jennison Associates LLC (1.84%), Sands Capital Management LLC (1.15%), Fisher Asset Management LLC (0.80%) and Magellan Asset Management Ltd (0.75%). Company insiders that own Netflix stock include Ann Mather, Anne M Sweeney, Bradford L Smith, David A Hyman, Gregory K Peters, Jay C Hoag, Leslie J Kilgore, Reed Hastings, Richard N Barton, Rodolphe Belmer, 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 Jennison Associates LLC, Egerton Capital UK LLP, Standard Life Aberdeen plc, Sands Capital Management LLC, SRS Investment Management LLC, BlackRock Inc., Los Angeles Capital Management & Equity Research Inc., and MUFG Securities EMEA plc. 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, Rodolphe Belmer, Susan E Rice, and Theodore A Sarandos.
View insider buying and selling activity for Netflix.

NFLX stock was purchased by a variety of institutional investors in the last quarter, including Magellan Asset Management Ltd, SB Management Ltd, Assenagon Asset Management S.A., Principal Financial Group Inc., SG Americas Securities LLC, Arrowstreet Capital Limited Partnership, Morgan Stanley, and Polar Capital LLP.
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 $491.36.

Netflix has a market capitalization of $217.08 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.