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.
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Industry, Sector and Symbol
Industry N/A
Sub-IndustryInternet Retail
SectorN/A
WebN/A
PhoneN/A
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
Employees8,600
Next Earnings Date4/21/2020 (Estimated)
OptionableOptionable
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 before market open on Wednesday, July 15th 2015. The 7-1 split was announced on Tuesday, June 23rd 2015. The newly created shares were issued 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) posted its quarterly earnings data on Tuesday, January, 21st. The Internet television network reported $1.30 earnings per share for the quarter, topping analysts' consensus estimates of $0.52 by $0.78. The Internet television network earned $5.47 billion during the quarter, compared to analysts' expectations of $5.45 billion. Netflix's revenue for the quarter was up 30.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.30 EPS. View Netflix's Earnings History.
When is Netflix's next earnings date?
What guidance has Netflix issued on next quarter's earnings?
Netflix updated its first quarter earnings guidance on Tuesday, January, 21st. The company provided EPS guidance of $1.66 for the period, compared to the Thomson Reuters consensus estimate of $1.18. The company issued revenue guidance of $5.73 billion, compared to the consensus revenue estimate of $5.74 billion.
What price target have analysts set for NFLX?
39 analysts have issued twelve-month target prices for Netflix's stock. Their forecasts range from $173.00 to $446.00. On average, they expect Netflix's share price to reach $380.37 in the next year. This suggests that the stock has a possible downside of 0.0%. View Analyst Price Targets for Netflix.
What is the consensus analysts' recommendation for Netflix?
39 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 25 buy ratings 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’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)
- 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 positive recently, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Netflix earned a media sentiment score of 1.8 on InfoTrie's scale. They also gave media coverage about the Internet television network a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Netflix.
Are investors shorting Netflix?
Netflix saw a decline in short interest in January. As of January 31st, there was short interest totalling 20,490,000 shares, a decline of 6.3% from the January 15th total of 21,860,000 shares. Based on an average daily trading volume, of 6,544,900 shares, the days-to-cover ratio is currently 3.1 days. Approximately 4.8% 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?
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 many different of institutional and retail investors. Top institutional shareholders include FMR LLC (4.69%), State Street Corp (3.79%), Baillie Gifford & Co. (1.83%), Jennison Associates LLC (1.77%), D1 Capital Partners L.P. (1.00%) and Sands Capital Management LLC (0.97%). 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, 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 FMR LLC, Sands Capital Management LLC, Jennison Associates LLC, Commerzbank Aktiengesellschaft FI, Thrivent Financial for Lutherans, Franklin Resources Inc., First Trust Advisors LP and Fred Alger Management LLC. Company insiders that have sold Netflix company stock in the last year include Ann Mather, Anne M Sweeney, Jay C Hoag and Reed Hastings. View Insider Buying and Selling for Netflix.
Which major investors are buying Netflix stock?
NFLX stock was purchased by a variety of institutional investors in the last quarter, including Private Advisor Group LLC, D1 Capital Partners L.P., Baillie Gifford & Co., Johanson Financial Advisors Inc., Maverick Capital Ltd., State Street Corp, Marshall Wace North America L.P. and California Public Employees Retirement System. 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 $380.40.
MarketBeat Community Rating for Netflix (NASDAQ NFLX)
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.
