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DIS   98.54 (-0.90%)
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PYPL   73.98 (-0.91%)
PFE   50.53 (-0.75%)
NFLX   320.26 (-0.05%)
QQQ   291.20 (-0.46%)
AAPL   150.18 (+1.60%)
MSFT   253.29 (-0.68%)
META   123.21 (-0.23%)
GOOGL   101.19 (+0.75%)
AMZN   93.96 (-0.18%)
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NVDA   167.77 (-0.59%)
NIO   13.27 (+1.07%)
BABA   91.41 (+1.50%)
AMD   74.36 (-0.83%)
T   18.91 (-0.58%)
MU   54.87 (+0.35%)
CGC   4.51 (+5.13%)
F   13.65 (-1.52%)
GE   85.36 (-1.75%)
DIS   98.54 (-0.90%)
AMC   8.46 (+3.55%)
PYPL   73.98 (-0.91%)
PFE   50.53 (-0.75%)
NFLX   320.26 (-0.05%)
NASDAQ:NFLX

Netflix - NFLX Stock Forecast, Price & News

$320.26
-0.15 (-0.05%)
(As of 12/5/2022 09:46 AM ET)
Add
Compare
Today's Range
$315.68
$322.69
50-Day Range
$214.29
$320.41
52-Week Range
$162.71
$632.46
Volume
31,801 shs
Average Volume
11.05 million shs
Market Capitalization
$142.52 billion
P/E Ratio
28.70
Dividend Yield
N/A
Price Target
$312.32

Netflix MarketRank™ Forecast

Analyst Rating
Hold
2.38 Rating Score
Upside/​Downside
2.5% Downside
$312.32 Price Target
Short Interest
Healthy
2.49% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.30
Upright™ Environmental Score
News Sentiment
0.33mentions of Netflix in the last 14 days
Based on 38 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
4.97%
From $10.27 to $10.78 Per Share

Overall MarketRank

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

2.03 out of 5 stars

Consumer Discretionary Sector

173rd out of 268 stocks

Video Tape Rental Industry

1st out of 2 stocks

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.

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NFLX Stock News Headlines

'Wakanda Forever' is No. 1 for 4th straight weekend
“Black Panther: Wakanda Forever” held the box-office crown for the fourth straight weekend with $17.6 million
Ohio court rejects city cable fees for streaming services
The Ohio Supreme Court has rejected a city’s argument that the streaming services Netflix and Hulu should have to pay local governments the same fees levied on cable operators
5 Hypergrowth Stocks to Own in 2023
Luke Lango has found 14 stocks that have gone up over 1,000% - now he’s naming his top stocks for 2023 in a new free report. Just click below to claim your copy today. pixel
Netflix nights still come wrapped in red-and-white envelopes
Netflix’s trailblazing DVD-by-mail rental service has been relegated as a relic in the age of video streaming, but there is still a steady — albeit shrinking — audience of diehards who are happily paying to receive those discs in the iconic red-and-white envelopes
Will the Return of Bob Iger Return the Magic to Disney Stock? (NFLX)
Disney stock is getting a boost from the return of former CEO Bob Iger. But does that alone make now a good time to buy DIS stock?
Is GameStop Stock Setting Up for Another Short Squeeze? (NFLX)
Video game and accessories reseller GameStop (NYSE: GME) stock had its wings clipped since kicking off the 2021 meme stock frenzy.
Alphabet Stock Offers a Rare Buying Opportunity (NFLX)
Social media technology provider Alphabet (NASDAQ: GOOG) stock is down (-33%) for the year after rallying 11% off its earnings lows.
Walt Disney Stock is Set to Reset Expectations (NFLX)
Media and entertainment giant The Walt Disney Company (NYSE: DIS) stock has seen better days as shares cratered under the $90.71 double bottom on its weak
Next-Generation Fighter Jets?!? (Must See)
The U.S. Department of Defense is using one shocking company to develop breakthrough tech...And at less than $2... this could be the last bargain on the market. Get the Details Here (Act Fast... a Key Announcement in December Could Send It Rocketing) pixel
Chris Rock to go live on Netflix in a first for the streamer
Chris Rock is going where no comedian has gone before — live on Netflix
Blue Chip Stocks and Dividend Yields (NFLX)
Best Movies to Stream on Netflix in December
Netflix Keeps Making a Huge Mistake (Disney Doesn't)
1 Stock Down 48% to Buy Before 2022 Ends
Why Netflix's Stock Rally Is Likely To Continue
Netflix Is a Video Game Company Now
See More Headlines
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NFLX Company Calendar

Last Earnings
10/18/2022
Today
12/05/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
1/19/2023

Industry, Sector and Symbol

Industry
Video tape rental
Sub-Industry
Internet Retail
Current Symbol
NASDAQ:NFLX
CUSIP
64110L10
Employees
11,300
Year Founded
1997

Price Target and Rating

Average Stock Price Forecast
$312.32
High Stock Price Forecast
$700.00
Low Stock Price Forecast
$162.00
Forecasted Upside/Downside
-2.5%
Consensus Rating
Hold
Rating Score (0-4)
2.38
Research Coverage
40 Analysts

Profitability

Net Income
$5.12 billion
Pretax Margin
18.35%

Debt

Sales & Book Value

Annual Sales
$29.70 billion
Cash Flow
$39.54 per share
Book Value
$35.70 per share

Miscellaneous

Free Float
434,384,000
Market Cap
$142.52 billion
Optionable
Optionable
Beta
1.29

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)
    CFO & Principal Accounting 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. 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.
  • Ms. Bela Bajaria
    Head of Global TV













NFLX Stock - Frequently Asked Questions

Should I buy or sell Netflix stock right now?

40 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Netflix in the last twelve months. There are currently 4 sell ratings, 17 hold ratings and 19 buy ratings for the stock. The consensus among Wall Street 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 2023?

40 brokerages have issued 12 month target prices for Netflix's shares. Their NFLX share price forecasts range from $162.00 to $700.00. On average, they anticipate the company's stock price to reach $312.32 in the next year. This suggests that the stock has a possible downside of 2.5%.
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 shares have decreased by 46.8% and is now trading at $320.41.
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 Thursday, January 19th 2023.
View our NFLX earnings forecast
.

How were Netflix's earnings last quarter?

Netflix, Inc. (NASDAQ:NFLX) issued its earnings results on Tuesday, October, 18th. The Internet television network reported $3.10 EPS for the quarter, topping analysts' consensus estimates of $2.11 by $0.99. The Internet television network had revenue of $7.93 billion for the quarter, compared to the consensus estimate of $7.84 billion. Netflix had a trailing twelve-month return on equity of 27.64% and a net margin of 16.03%. Netflix's quarterly revenue was up 5.9% compared to the same quarter last year. During the same period last year, the firm earned $3.19 earnings per share.
Read the conference call transcript
.

When did Netflix's stock split?

Shares of Netflix split on Wednesday, July 15th 2015. The 7-1 split was announced on Tuesday, June 23rd 2015. The newly issued shares were payable to shareholders after the market closes 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 issued an update on its fourth quarter 2022 earnings guidance on Thursday, November, 3rd. The company provided EPS guidance of $0.36-$0.36 for the period, compared to the consensus EPS estimate of $1.12. The company issued revenue guidance of $7.78 billion-$7.78 billion, compared to the consensus revenue estimate of $7.97 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."

Who are Netflix's major shareholders?

Netflix's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (7.89%), State Street Corp (3.71%), Price T Rowe Associates Inc. MD (2.56%), Citadel Advisors LLC (0.00%), Polen Capital Management LLC (1.65%) and Baillie Gifford & Co. (1.57%). Insiders that own company 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
.

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 $320.41.

How much money does Netflix make?

Netflix (NASDAQ:NFLX) has a market capitalization of $142.59 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 $11.16 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 12/5/2022 by MarketBeat.com Staff