Netflix - NFLX Stock Forecast, Price & News

41 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Netflix in the last twelve months. There are currently 3 sell ratings, 15 hold ratings and 23 buy ratings for the stock. The consensus among Wall Street equities research 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.
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41 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 expect the company's share price to reach $343.13 in the next year. This suggests a possible upside of 4.7% from the stock's current price.
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Netflix's stock was trading at $294.88 at the start of the year. Since then, NFLX shares have increased by 11.1% and is now trading at $327.66.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 18th 2023.
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Netflix will be holding an earnings conference call on Tuesday, April 18th 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 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 trailing twelve-month return on equity of 23.06% and a net margin of 14.21%. The company's quarterly revenue was up 1.9% on a year-over-year basis. During the same period in the previous year, the business posted $1.33 earnings per share.
Read the conference call transcript.

ETFs with the largest weight of Netflix (NASDAQ:NFLX) stock in their portfolio include Alger 35 ETF (ATFV), Gabelli Growth Innovators ETF (GGRW), Invesco Dynamic Media ETF (PBS), Pacer BioThreat Strategy ETF (VIRS), ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA), Communication Services Select Sector SPDR Fund (XLC), Invesco Select Growth ETF (IVSG) and First Trust Dow Jones Internet Index Fund (FDN).

Shares of Netflix split on Wednesday, July 15th 2015. The 7-1 split was announced on Tuesday, June 23rd 2015. The newly minted shares were distributed 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.

Netflix updated its first quarter earnings guidance on Thursday, January, 19th. The company provided earnings per share (EPS) guidance of $2.82 for the period, compared to the consensus earnings per share estimate of $2.96. The company issued revenue guidance of $8.172 billion, compared to the consensus revenue estimate of $8.15 billion.

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.

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).

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 Price T Rowe Associates Inc. MD (2.97%), Geode Capital Management LLC (1.81%), Susquehanna International Group LLP (0.00%), Baillie Gifford & Co. (1.56%), Polen Capital Management LLC (1.56%) and Morgan Stanley (1.45%). Insiders that own company stock include Ann Mather, Anne M Sweeney, David A Hyman, Gregory K Peters, Jay C Hoag, 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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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.
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One share of NFLX stock can currently be purchased for approximately $327.66.

Netflix (NASDAQ:NFLX) has a market capitalization of $145.92 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.

The company employs 12,800 workers across the globe.

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.