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DIS   108.24 (+0.60%)
AMC   5.18 (+3.39%)
PFE   43.35 (-0.46%)
PYPL   80.67 (+1.29%)
NFLX   354.04 (+0.26%)
QQQ   292.99 (+0.94%)
AAPL   143.29 (+0.20%)
MSFT   245.12 (+0.99%)
META   148.10 (+0.71%)
GOOGL   97.65 (+0.73%)
AMZN   103.15 (+2.59%)
TSLA   173.23 (+3.94%)
NVDA   196.14 (+2.36%)
NIO   12.28 (+2.16%)
BABA   111.47 (+0.24%)
AMD   74.29 (+2.54%)
T   20.26 (+0.50%)
MU   60.19 (-2.46%)
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CGC   2.93 (+3.17%)
GE   80.60 (-0.28%)
DIS   108.24 (+0.60%)
AMC   5.18 (+3.39%)
PFE   43.35 (-0.46%)
PYPL   80.67 (+1.29%)
NFLX   354.04 (+0.26%)
QQQ   292.99 (+0.94%)
AAPL   143.29 (+0.20%)
MSFT   245.12 (+0.99%)
META   148.10 (+0.71%)
GOOGL   97.65 (+0.73%)
AMZN   103.15 (+2.59%)
TSLA   173.23 (+3.94%)
NVDA   196.14 (+2.36%)
NIO   12.28 (+2.16%)
BABA   111.47 (+0.24%)
AMD   74.29 (+2.54%)
T   20.26 (+0.50%)
MU   60.19 (-2.46%)
F   13.34 (+3.49%)
CGC   2.93 (+3.17%)
GE   80.60 (-0.28%)
DIS   108.24 (+0.60%)
AMC   5.18 (+3.39%)
PFE   43.35 (-0.46%)
PYPL   80.67 (+1.29%)
NFLX   354.04 (+0.26%)

Netflix - NFLX Stock Forecast, Price & News

$354.04
+0.93 (+0.26%)
(As of 01/31/2023 11:13 AM ET)
Add
Compare
Today's Range
$348.71
$355.95
50-Day Range
$276.88
$367.96
52-Week Range
$162.71
$458.48
Volume
2.33 million shs
Average Volume
10.15 million shs
Market Capitalization
$157.67 billion
P/E Ratio
35.58
Dividend Yield
N/A
Price Target
$342.36

Netflix MarketRank™ Forecast

Analyst Rating
Hold
2.49 Rating Score
Upside/​Downside
3.0% 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
0.21mentions of Netflix in the last 14 days
Based on 51 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.

2.31 out of 5 stars

Consumer Discretionary Sector

112th out of 279 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

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.”
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
Without Graphite, There Would Be ZERO EV Batteries!
Investors constantly hear that lithium is the key to powering the transition to green energy. Truth is, today's EV batteries contain more graphite in volume than any other essential ingredients.
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
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
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
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
Netflix's 4Q subscribers surge, long-time CEO passes baton
Netflix’s subscriber growth is surging again
Top Lithium Stock
Today's stock market report features a battery metal lithium stock with great potential.
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
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
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
What the Smartest Investors Know About Roku Stock
How NFL streaming deals may impact network viewership
Up 30,000% Since Its IPO, Is Netflix Done?
See More Headlines
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NFLX Company Calendar

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

Industry, Sector and Symbol

Industry
Video tape rental
Sub-Industry
Internet Retail
Current Symbol
NASDAQ:NFLX
CUSIP
64110L10
Employees
12,800
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
-3.3%
Consensus Rating
Hold
Rating Score (0-4)
2.49
Research Coverage
41 Analysts

Profitability

Net Income
$4.49 billion
Pretax Margin
16.65%

Debt

Sales & Book Value

Annual Sales
$31.62 billion
Cash Flow
$41.55 per share
Book Value
$46.65 per share

Miscellaneous

Free Float
434,703,000
Market Cap
$157.67 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













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 twelve months. 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 brokers have issued 12-month price targets for Netflix's shares. Their NFLX share price forecasts range from $215.00 to $440.00. On average, they expect the company's stock price to reach $342.36 in the next year. This suggests that the stock has a possible downside of 3.0%.
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 start of the year. Since then, NFLX shares have increased by 19.7% and is now trading at $353.11.
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 data on Thursday, January, 19th. The Internet television network reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by $0.35. The Internet television network earned $7.85 billion during 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 firm's quarterly revenue was up 1.9% on a year-over-year basis. During the same period in the prior year, the firm earned $1.33 EPS.
Read the conference call transcript
.

When did Netflix's stock split?

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 created shares were issued 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 updated its first quarter earnings guidance on Thursday, January, 19th. The company provided earnings per share guidance of $2.82 for the period, compared to the consensus 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 many different retail and institutional investors. Top institutional investors include Baillie Gifford & Co. (1.56%), Sumitomo Mitsui Trust Holdings Inc. (0.34%), Sustainable Growth Advisers LP (0.24%), New York State Common Retirement Fund (0.18%), Natixis Advisors L.P. (0.13%) and New York State Teachers Retirement System (0.12%). 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 $353.11.

How much money does Netflix make?

Netflix (NASDAQ:NFLX) has a market capitalization of $157.26 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 12,800 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 1/31/2023 by MarketBeat.com Staff