Netflix Stock Forecast, Price & News

39 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Netflix in the last twelve months. There are currently 4 sell ratings, 7 hold ratings and 28 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Netflix stock.
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Netflix is scheduled to release its next quarterly earnings announcement on Thursday, July 15th 2021.
View our earnings forecast for Netflix.

Netflix, Inc. (NASDAQ:NFLX) issued its earnings results on Monday, April, 19th. The Internet television network reported $3.75 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $2.98 by $0.77. The Internet television network had revenue of $7.16 billion for the quarter, compared to analyst estimates of $7.13 billion. Netflix had a trailing twelve-month return on equity of 31.48% and a net margin of 11.78%. The business's quarterly revenue was up 24.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.57 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. Since then, NFLX stock has increased by 44.0% and is now trading at $503.84.
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Netflix's stock split on Wednesday, July 15th 2015. The 7-1 split was announced on Tuesday, June 23rd 2015. The newly minted 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.

Netflix updated its second quarter 2021 earnings guidance on Tuesday, May, 4th. The company provided earnings per share guidance of 3.160-3.160 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.680. The company issued revenue guidance of $7.30 billion-$7.30 billion, compared to the consensus revenue estimate of $7.39 billion.

39 Wall Street analysts have issued 1 year price targets for Netflix's shares. Their forecasts range from $270.00 to $720.00. On average, they anticipate Netflix's share price to reach $590.90 in the next year. This suggests a possible upside of 17.3% 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), Groupon (GRPN), CarParts.com (PRTS) 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 number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.50%), Baillie Gifford & Co. (1.85%), Fisher Asset Management LLC (0.87%), Sumitomo Mitsui Trust Holdings Inc. (0.39%), Swiss National Bank (0.38%) and Alliancebernstein L.P. (0.17%). Company insiders that own Netflix stock include Ann Mather, Anne M Sweeney, Bradford L Smith, 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 Cibc World Markets Corp, Rhumbline Advisers, Alliancebernstein L.P., New York State Teachers Retirement System, Barton Investment Management, Aptus Capital Advisors LLC, Chevy Chase Trust Holdings Inc., and Sentry Investment Management LLC. 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, Jessica Neal, Leslie J Kilgore, Reed Hastings, Richard N Barton, Rodolphe Belmer, Susan E Rice, and Theodore A Sarandos.
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NFLX stock was purchased by a variety of institutional investors in the last quarter, including TCW Group Inc., Oak Ridge Investments LLC, Los Angeles Capital Management LLC, Fisher Asset Management LLC, BNP PARIBAS ASSET MANAGEMENT Holding S.A., BlackRock Inc., Baillie Gifford & Co., and Robeco Institutional Asset Management B.V..
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 $503.84.

Netflix has a market capitalization of $223.40 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 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.