Netflix Stock Forecast, Price & News

38 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Netflix in the last twelve months. There are currently 3 sell ratings, 8 hold ratings and 27 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Netflix stock.
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Netflix is scheduled to release its next quarterly earnings announcement on Tuesday, October 19th 2021.
View our earnings forecast for Netflix.

Netflix will be holding an earnings conference call on Tuesday, October 19th at 6:00 PM Eastern. Interested parties can register for or listen to the call using this link.

Netflix, Inc. (NASDAQ:NFLX) announced its quarterly earnings data on Monday, July, 19th. The Internet television network reported $2.97 earnings per share for the quarter, missing the consensus estimate of $3.16 by $0.19. The Internet television network had revenue of $7.34 billion for the quarter, compared to analysts' expectations of $7.32 billion. Netflix had a trailing twelve-month return on equity of 36.49% and a net margin of 15.92%. Netflix's revenue for the quarter was up 19.4% compared to the same quarter last year. During the same quarter last year, the business posted $1.59 EPS.
View Netflix's earnings history.

Netflix's stock was trading at $349.92 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, NFLX shares have increased by 68.4% and is now trading at $589.35.
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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 issued 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 third quarter 2021 earnings guidance on Tuesday, August, 3rd. The company provided EPS guidance of $2.550-$2.550 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.170. The company issued revenue guidance of $7.48 billion-$7.48 billion, compared to the consensus revenue estimate of $7.48 billion.

38 brokerages have issued 1 year price targets for Netflix's stock. Their forecasts range from $342.00 to $780.00. On average, they expect Netflix's stock price to reach $617.78 in the next year. This suggests a possible upside of 4.8% from the stock's current price.
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676 employees have rated Netflix CEO Reed Hastings on Glassdoor.com. Reed Hastings has an approval rating of 90% among Netflix's employees.

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), CarParts.com (PRTS), Groupon (GRPN) and PetMed Express (PETS).
View all of NFLX's 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 a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (7.54%), BlackRock Inc. (6.16%), Capital International Investors (4.34%), FMR LLC (4.16%), Price T Rowe Associates Inc. MD (3.89%) and State Street Corp (3.64%). Company insiders that own Netflix stock include Ann Mather, Anne M Sweeney, David A Hyman, Gregory K Peters, Jay C Hoag, Jessica Neal, 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 Price T Rowe Associates Inc. MD, BlackRock Inc., Parallax Volatility Advisers L.P., FMR LLC, Jennison Associates LLC, Nuveen Asset Management LLC, SG Americas Securities LLC, and PEAK6 Investments LLC. Company insiders that have sold Netflix company stock in the last year include Ann Mather, Gregory K Peters, Jay C Hoag, Jessica Neal, Reed Hastings, and Rodolphe Belmer.
View insider buying and selling activity for Netflix or view top insider-selling stocks.

NFLX stock was bought by a variety of institutional investors in the last quarter, including Capital International Investors, Simplex Trading LLC, Magellan Asset Management Ltd, 36 South Capital Advisors LLP, Edgewood Management LLC, CMT Capital Markets Trading GmbH, Citadel Advisors LLC, and Amundi.
View insider buying and selling activity for Netflix or or view top insider-buying stocks.

Shares of NFLX 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.
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One share of NFLX stock can currently be purchased for approximately $589.35.

Netflix has a market capitalization of $260.84 billion and generates $25.00 billion in revenue each year. The Internet television network earns $2.76 billion in net income (profit) each year or $6.08 on an earnings per share basis.

Netflix employs 9,400 workers across the globe.

The following companies are subsidiares of Netflix: Milk VFX, Millarworld, Netflix Entretenimento Brasil LTDA, Netflix G.K., Netflix Global Holdings C.V., Netflix Global LLC, Netflix International B.V., Netflix K.K., Netflix Pte. Ltd, Netflix Streaming Services, Netflix Streaming Services International B.V., Netflix Studios LLC, NetflixCS, Roku, and StoryBots.

Netflix was founded in 1997.

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

Netflix is headquartered at 100 WINCHESTER CIRCLE, LOS GATOS CA, 95032.

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.