NASDAQ:NFLXNetflix Stock Price, Forecast & News

$413.44

-6.45 (-1.54 %)

(As of 05/28/2020 04:00 PM ET)

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Today's Range

$411.50

Now: $413.44▼

$422.37

50-Day Range

$370.72

MA: $422.58▼

$454.19

52-Week Range

$252.28

Now: $413.44▼

$458.97

Volume5.65 million shs

Average Volume8.24 million shs

Market Capitalization$181.83 billion

P/E Ratio83.69

Dividend YieldN/A

Beta0.97

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. It also provides DVDs-by-mail membership services. The company has approximately 139 million paid members in 190 countries. Netflix, Inc. was founded in 1997 and is headquartered in Los Gatos, California.

Beat the Market (BTM) Rank^™

2.3 Analyst's Opinion

Consensus Rating
Netflix has received a consensus rating of Buy. The company's average rating score is 2.55, and is based on 26 buy ratings, 10 hold ratings, and 4 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $434.73, Netflix has a potential upside of 5.1% from its current price of $413.44.
Amount of Analyst Coverage
Netflix has been the subject of 25 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.5 Community Rank

Outperform Votes
Netflix has received 2,574 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Netflix has received 2,564 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Netflix has received 50.10% “outperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
Netflix does not currently pay a dividend.
Dividend Growth
Netflix does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Netflix insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $75,572,227.00 in company stock.
Percentage Held by Insiders
Only 4.29% of the stock of Netflix is held by insiders.
Percentage Held by Institutions
82.31% of the stock of Netflix is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Netflix are expected to grow by 34.42% in the coming year, from $6.42 to $8.63 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Netflix is 83.69, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.97.
Price to Earnings Ratio vs. Sector
The P/E ratio of Netflix is 83.69, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 19.67.
Price to Earnings Growth Ratio
Netflix has a PEG Ratio of 2.15. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Netflix has a P/B Ratio of 21.62. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.41 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Video tape rental

Sub-IndustryInternet Retail

SectorConsumer Discretionary

Current SymbolNASDAQ:NFLX

Previous Symbol

CUSIP64110L10

CIK1065280

Webwww.netflix.com

Phone408-540-3700

Debt

Debt-to-Equity Ratio1.69

Current Ratio0.82

Quick Ratio0.82

Price-To-Earnings

Trailing P/E Ratio83.69

Forward P/E Ratio64.40

P/E Growth2.15

Sales & Book Value

Annual Sales$20.16 billion

Price / Sales9.02

Cash Flow$25.41 per share

Price / Cash Flow16.27

Book Value$19.12 per share

Price / Book21.62

Profitability

EPS (Most Recent Fiscal Year)$4.13

Net Income$1.87 billion

Net Margins10.43%

Return on Equity30.83%

Return on Assets6.86%

Miscellaneous

Employees8,600

Outstanding Shares439,804,000

Market Cap$181.83 billion

Next Earnings Date7/15/2020 (Estimated)

OptionableOptionable

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Netflix (NASDAQ:NFLX) Frequently Asked Questions

How has Netflix's stock been impacted by COVID-19 (Coronavirus)?

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 stock has increased by 18.2% and is now trading at $413.44. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Netflix?

40 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 26 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Netflix.

When is Netflix's next earnings date?

Netflix is scheduled to release its next quarterly earnings announcement on Wednesday, July 15th 2020. View our earnings forecast for Netflix.

How were Netflix's earnings last quarter?

Netflix, Inc. (NASDAQ:NFLX) issued its quarterly earnings data on Tuesday, April, 21st. The Internet television network reported $1.57 earnings per share for the quarter, missing the Zacks' consensus estimate of $1.64 by $0.07. The Internet television network had revenue of $5.77 billion for the quarter, compared to analysts' expectations of $5.75 billion. Netflix had a return on equity of 30.83% and a net margin of 10.43%. Netflix's revenue was up 27.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.76 EPS. View Netflix's earnings history.

When did Netflix's stock split? How did Netflix's stock split work?

Netflix's stock split on the morning of Wednesday, July 15th 2015. The 7-1 split was announced on Tuesday, June 23rd 2015. The newly minted 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.

What guidance has Netflix issued on next quarter's earnings?

Netflix issued an update on its second quarter earnings guidance on Tuesday, April, 21st. The company provided earnings per share guidance of $1.81 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.54. The company issued revenue guidance of $6.048 billion, compared to the consensus revenue estimate of $5.95 billion.

What price target have analysts set for NFLX?

40 brokerages have issued 1 year price objectives for Netflix's shares. Their forecasts range from $182.00 to $580.00. On average, they expect Netflix's stock price to reach $434.73 in the next twelve months. This suggests a possible upside of 5.1% from the stock's current price. View analysts' price targets for Netflix.

What are Wall Street analysts saying about Netflix stock?

Here are some recent quotes from research analysts about Netflix stock:

1. Credit Suisse Group AG analysts commented, "ZuRICH (dpa-AFX Analyser) – Die Schweizer Bank Credit Suisse hat die Einstufung fur Netflix auf Outperform" mit einem Kursziel von 440 US-Dollar belassen. Jungste App-Downloads starkten erst recht seine Einschatzung, dass die Marktschatzungen fur den Nettokundenzuwachs im ersten Quartal des Film- und Streaming-Konzerns zu niedrig seien, schrieb Analyst Douglas Mitchelson in einer am Mittwoch vorliegenden Studie./ajx/mne Veroffentlichung der Original-Studie: 08.04.2020 / 04:33 / UTC Erstmalige Weitergabe der Original-Studie: Datum in Studie nicht angegeben / Uhrzeit in Studie nicht angegeben / Zeitzone in Studie nicht angegeben Hinweis: Informationen zur Offenlegungspflicht bei Interessenkonflikten im Sinne von § 85 Abs. 1 WpHG, Art. 20 VO (EU) 596/2014 fur das genannte Analysten-Haus finden Sie unter http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html." (4/8/2020)
2. 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)
3. 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)
4. 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)

Has Netflix been receiving favorable news coverage?

News headlines about NFLX stock have been trending positive on Thursday, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Netflix earned a news impact score of 3.0 on InfoTrie's scale. They also gave press coverage about the Internet television network a news buzz of 7.0 out of 10, meaning that recent news coverage is likely to have an effect on the company's share price in the next several days. View the latest news aboutNetflix.

Are investors shorting Netflix?

Netflix saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 13,460,000 shares, a decline of 13.2% from the April 30th total of 15,500,000 shares. Based on an average trading volume of 8,650,000 shares, the short-interest ratio is currently 1.6 days. Approximately 3.1% of the shares of the stock are sold short. View Netflix's Current Options Chain.

Who are some of Netflix's key competitors?

Some companies that are related to Netflix include Amazon.com (AMZN), Booking (BKNG), Expedia Group (EXPE), Tripadvisor (TRIP), Shutterfly (SFLY), 1-800-Flowers.Com (FLWS), Petmed Express (PETS), Groupon (GRPN), Overstock.com (OSTK) and U.S. Auto Parts Network (PRTS). View all competitors.

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), Alphabet (GOOG), Micron Technology (MU), Boeing (BA), Advanced Micro Devices (AMD), salesforce.com (CRM) and Intel (INTC).

Who are Netflix's key executives?

Netflix's management team includes the following 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

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 number of institutional and retail investors. Top institutional shareholders include Capital Research Global Investors (8.62%), State Street Corp (3.72%), Capital International Investors (3.11%), Capital World Investors (2.82%), Jennison Associates LLC (2.04%) and Baillie Gifford & Co. (1.82%). 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, Theodore A Sarandos and Timothy M Haley. View institutional ownership trends for Netflix.

Which institutional investors are selling Netflix stock?

NFLX stock was sold by a variety of institutional investors in the last quarter, including Capital World Investors, Viking Global Investors LP, Technology Crossover Management VII Ltd., Two Sigma Advisers LP, Edgewood Management LLC, Melvin Capital Management LP, WCM Investment Management LLC, and Maverick Capital Ltd.. Company insiders that have sold Netflix company stock in the last year include Ann Mather, Anne M Sweeney, Gregory K Peters, Jay C Hoag, and Reed Hastings. View insider buying and selling activity for Netflix.

Which institutional investors are buying Netflix stock?

NFLX stock was purchased by a variety of institutional investors in the last quarter, including Capital International Investors, Wellington Management Group LLP, Advisor Group Holdings Inc., Sands Capital Management LLC, Jennison Associates LLC, Fisher Asset Management LLC, Morgan Stanley, and Fred Alger Management LLC. View insider buying and selling activity 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 $413.44.

How big of a company is Netflix?

Netflix has a market capitalization of $181.83 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.

What is Netflix's official website?

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

How can I contact Netflix?

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.

This page was last updated on 5/28/2020 by MarketBeat.com Staff