S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Is Buying an Aged Corporation a Good Idea?
The Next Big Crisis Is Here (Ad)
MarketBeat Week in Review – 1/23- 1/27
Lots of sound and fury on US debt, but not a crisis — yet
The Next Big Crisis Is Here (Ad)
Italy's premier visits Libya for talks on energy, migration
Italy, Libya sign $8B gas deal as PM Meloni visits Tripoli
The Next Big Crisis Is Here (Ad)
Japan firm opens whale meat vending machines to push sales
Online system to seek asylum in US is quickly overwhelmed
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Is Buying an Aged Corporation a Good Idea?
The Next Big Crisis Is Here (Ad)
MarketBeat Week in Review – 1/23- 1/27
Lots of sound and fury on US debt, but not a crisis — yet
The Next Big Crisis Is Here (Ad)
Italy's premier visits Libya for talks on energy, migration
Italy, Libya sign $8B gas deal as PM Meloni visits Tripoli
The Next Big Crisis Is Here (Ad)
Japan firm opens whale meat vending machines to push sales
Online system to seek asylum in US is quickly overwhelmed
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Is Buying an Aged Corporation a Good Idea?
The Next Big Crisis Is Here (Ad)
MarketBeat Week in Review – 1/23- 1/27
Lots of sound and fury on US debt, but not a crisis — yet
The Next Big Crisis Is Here (Ad)
Italy's premier visits Libya for talks on energy, migration
Italy, Libya sign $8B gas deal as PM Meloni visits Tripoli
The Next Big Crisis Is Here (Ad)
Japan firm opens whale meat vending machines to push sales
Online system to seek asylum in US is quickly overwhelmed
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Is Buying an Aged Corporation a Good Idea?
The Next Big Crisis Is Here (Ad)
MarketBeat Week in Review – 1/23- 1/27
Lots of sound and fury on US debt, but not a crisis — yet
The Next Big Crisis Is Here (Ad)
Italy's premier visits Libya for talks on energy, migration
Italy, Libya sign $8B gas deal as PM Meloni visits Tripoli
The Next Big Crisis Is Here (Ad)
Japan firm opens whale meat vending machines to push sales
Online system to seek asylum in US is quickly overwhelmed
Followed 149 Times   Most-Upgraded Stocks  
NASDAQ:NFLX

Netflix - NFLX Stock Forecast, Price & News

$360.77
-4.10 (-1.12%)
(As of 01/27/2023 12:00 AM ET)
Add
Compare
Today's Range
$360.59
▼
$365.92
50-Day Range
$276.88
▼
$367.96
52-Week Range
$162.71
▼
$458.48
Volume
6.70 million shs
Average Volume
9.82 million shs
Market Capitalization
$160.55 billion
P/E Ratio
36.26
Dividend Yield
N/A
Price Target
$342.36

Netflix MarketRank™ Forecast

Analyst Rating
Hold
2.49 Rating Score
Upside/​Downside
5.1% Downside
$342.36 Price Target
Short Interest
Healthy
2.07% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.30
Upright™ Environmental Score
News Sentiment
0.16mentions of Netflix in the last 14 days
Based on 82 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
28.30%
From $11.13 to $14.28 Per Share

Overall MarketRank™

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

2.30 out of 5 stars

Consumer Discretionary Sector

109th out of 277 stocks

Video Tape Rental Industry

1st out of 2 stocks

See Top Rated MarketRank™ Stocks Here

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

January 23, 2023 | marketbeat.com
Lorne Michaels of 'SNL' to be honored at PEN America gala
This year’s PEN America Literary Gala will be notable for the presence of “Saturday Night Live.”
January 23, 2023 | marketbeat.com
World shares up, many Asia markets closed for Lunar New Year
Shares are higher in Europe and in Asia, where most markets are closed for the Lunar New Year holiday
January 28, 2023 | Porter & Company (Ad)
Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
January 22, 2023 | marketbeat.com
Asian shares higher, many markets closed for Lunar New Year
Shares are higher in Asia, but most markets are closed for the Lunar New Year holiday
January 20, 2023 | marketbeat.com
Rally for tech stocks helps soften Wall Street's rough week
A rally for tech stocks is applying some salve on Wall Street’s rough week, one dominated by worries about a weakening economy
January 20, 2023 | marketbeat.com
Gains for tech stocks help soften Wall Street's rough week
A rough week for Wall Street appears to be heading for a calmer end
January 20, 2023 | marketbeat.com
Wall Street opens mixed and is headed for a losing week
Stocks are off to a mixed start on Wall Street, keeping the market on track for a losing week after rallying for the first two weeks of the year
January 19, 2023 | marketbeat.com
Netflix's 4Q subscribers surge, long-time CEO passes baton
Netflix’s subscriber growth is surging again
January 28, 2023 | Porter & Company (Ad)
The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
January 18, 2023 | marketbeat.com
Wall St. futures inch up ahead of wholesale, retail reports
Wall Street saw modest gains before the bell as investors await a pair of important economic reports and more corporate earnings results
January 17, 2023 | marketbeat.com
Stocks close mixed on Wall Street in uneven trading
Major U.S. indexes closed mixed on Wall Street at the beginning of a holiday-shortened, but earnings-heavy week
January 17, 2023 | marketbeat.com
US stocks waver in uncertain trading amid earnings updates
Stocks wavered in uncertain trading on Wall Street to kick off a holiday-shortened, but earnings-heavy week
January 28, 2023 | finance.yahoo.com
Up 30,000% Since Its IPO, Is Netflix Done?
January 27, 2023 | fool.com
Nasdaq Bear Market: Is This Streaming Stock a Surefire Buy in 2023?
January 27, 2023 | finance.yahoo.com
Guess Who’s Using Your Netflix Account? You Might Be Surprised.
January 27, 2023 | finance.yahoo.com
4 FAANG Stocks Wall Street Thinks Will Be Big Winners in 2023 -- and 1 Analysts Aren't So Bullish About
January 26, 2023 | finance.yahoo.com
Nielsen ranks most-watched 2022 programming, Peacock reports $978 million loss in Q4 2022
January 26, 2023 | seekingalpha.com
What's The Long-Term Prediction For Netflix?
January 26, 2023 | finance.yahoo.com
Will Walt Disney Stock Recover in 2023?
January 26, 2023 | finance.yahoo.com
Netflix's CEO and Co-Founder Heads for the Exit. Should You?
January 26, 2023 | finance.yahoo.com
Down 23%, Is Disney Stock a Buy in 2023?
January 26, 2023 | americanbankingnews.com
Netflix (NASDAQ:NFLX) Price Target Raised to $390.00
January 26, 2023 | americanbankingnews.com
Argus Boosts Netflix (NASDAQ:NFLX) Price Target to $390.00
January 26, 2023 | investing.com
PhillipCapital Downgrades Netflix to Accumulate (2)
January 25, 2023 | finance.yahoo.com
Netflix Is at an Inflection Point
January 25, 2023 | finance.yahoo.com
Party’s over—Netflix is putting an end to password sharing by the end of March
January 25, 2023 | fortune.com
Party's over—Netflix is putting an end to password sharing by the end of March
See More Headlines
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NFLX Company Calendar

Last Earnings
1/19/2023
Today
1/28/2023
Next Earnings (Estimated)
4/18/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Video tape rental
Sub-Industry
Internet Retail
Sector
Consumer Discretionary
Current Symbol
NASDAQ:NFLX
CUSIP
64110L10
CIK
1065280
Web
www.netflix.com
Phone
(408) 540-3700
Fax
408-540-3737
Employees
11,300
Year Founded
1997

Price Target and Rating

Average Stock Price Forecast
$342.36
High Stock Price Forecast
$440.00
Low Stock Price Forecast
$215.00
Forecasted Upside/Downside
-5.1%
Consensus Rating
Hold
Rating Score (0-4)
2.49
Research Coverage
41 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$9.95
Trailing P/E Ratio
36.26
Forward P/E Ratio
32.41
P/E Growth
1.7
Net Income
$4.49 billion
Net Margins
14.21%
Pretax Margin
16.65%
Return on Equity
23.06%
Return on Assets
9.57%

Debt

Debt-to-Equity Ratio
0.69
Current Ratio
1.17
Quick Ratio
1.14

Sales & Book Value

Annual Sales
$31.62 billion
Price / Sales
5.08
Cash Flow
$41.90 per share
Price / Cash Flow
8.61
Book Value
$46.69 per share
Price / Book
7.73

Miscellaneous

Outstanding Shares
445,020,000
Free Float
434,384,000
Market Cap
$160.55 billion
Optionable
Optionable
Beta
1.27

Social Links


Key Executives

  • Theodore A. SarandosTheodore A. Sarandos
    Co-Chief Executive Officer & Director
  • Gregory K. PetersGregory K. Peters
    Co-Chief Executive Officer & Director
  • Spencer Adam Neumann
    Chief Financial & Accounting Officer
  • Adriane C. McFetridge
    Engineering Director
  • William J. Holmes
    Global Head-Business Development

Key Competitors

View All Competitors

Insiders & Institutions

View All Institutional Transactions













NFLX Stock - Frequently Asked Questions

Should I buy or sell Netflix stock right now?

41 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Netflix in the last year. There are currently 3 sell ratings, 15 hold ratings and 23 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?

41 Wall Street research analysts have issued 1 year price objectives for Netflix's stock. Their NFLX share price forecasts range from $215.00 to $440.00. On average, they anticipate the company's stock price to reach $342.36 in the next twelve months. This suggests that the stock has a possible downside of 5.1%.
View analysts price targets for NFLX or view top-rated stocks among Wall Street analysts.

How have NFLX shares performed in 2023?

Netflix's stock was trading at $294.88 at the beginning of 2023. Since then, NFLX stock has increased by 22.3% and is now trading at $360.77.
View the best growth stocks for 2023 here.

When is Netflix's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 18th 2023.
View our NFLX earnings forecast.

How were Netflix's earnings last quarter?

Netflix, Inc. (NASDAQ:NFLX) posted its quarterly earnings results on Thursday, January, 19th. The Internet television network reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.47 by $0.35. The Internet television network had revenue of $7.85 billion for the quarter, compared to the consensus estimate of $7.85 billion. Netflix had a net margin of 14.21% and a trailing twelve-month return on equity of 23.06%. The business's revenue was up 1.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.33 earnings per share.
Read the conference call transcript.

When did Netflix's stock split?

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 created shares were payable to shareholders after the closing bell 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 updated its first quarter earnings guidance on Thursday, January, 19th. The company provided EPS guidance of $2.82 for the period, compared to the consensus EPS estimate of $2.96. The company issued revenue guidance of $8.172 billion, compared to the consensus revenue estimate of $8.15 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 number of institutional and retail investors. Top institutional investors include Baillie Gifford & Co. (1.56%), Natixis Advisors L.P. (0.13%), New York State Teachers Retirement System (0.12%), Barton Investment Management (0.09%), Ardevora Asset Management LLP (0.07%) and Bristol John W & Co. Inc. NY (0.05%). 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 $360.77.

How much money does Netflix make?

Netflix (NASDAQ:NFLX) has a market capitalization of $160.55 billion and generates $31.62 billion in revenue each year. The Internet television network earns $4.49 billion in net income (profit) each year or $9.95 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 1/28/2023 by MarketBeat.com Staff