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The perfect AI stock under $10 (Ad)
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Venezuela defends military buildup, accusing neighboring Guyana of granting illegal oil contracts
Recession risks are fading, business economists say, but political tensions pose threat to economy
The perfect AI stock under $10 (Ad)
Stock market today: World shares mostly higher after S&P 500 tops 5,000
Biden's campaign joins TikTok, even as administration warns of national security concerns with app
S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
The perfect AI stock under $10 (Ad)
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
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Venezuela defends military buildup, accusing neighboring Guyana of granting illegal oil contracts
Recession risks are fading, business economists say, but political tensions pose threat to economy
The perfect AI stock under $10 (Ad)
Stock market today: World shares mostly higher after S&P 500 tops 5,000
Biden's campaign joins TikTok, even as administration warns of national security concerns with app
S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
The perfect AI stock under $10 (Ad)
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
BREAKING: The truth about war with China (Ad)
Venezuela defends military buildup, accusing neighboring Guyana of granting illegal oil contracts
Recession risks are fading, business economists say, but political tensions pose threat to economy
The perfect AI stock under $10 (Ad)
Stock market today: World shares mostly higher after S&P 500 tops 5,000
Biden's campaign joins TikTok, even as administration warns of national security concerns with app
Most-Upgraded StocksMost-Upgraded
NASDAQ:NFLX

Netflix (NFLX) Stock Price, News & Analysis

$561.32
+2.79 (+0.50%)
(As of 02/9/2024 08:56 PM ET)
Compare
Today's Range
$558.10
▼
$566.00
50-Day Range
$446.73
▼
$575.79
52-Week Range
$285.33
▼
$579.64
Volume
3.06 million shs
Average Volume
6.10 million shs
Market Capitalization
$242.92 billion
P/E Ratio
46.74
Dividend Yield
N/A
Price Target
$553.33
Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability

Netflix MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
1.4% Downside
$553.33 Price Target
Short Interest
Healthy
2.19% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.30
Upright™ Environmental Score
News Sentiment
0.30mentions of Netflix in the last 14 days
Based on 82 Articles This Week
Insider Trading
Selling Shares
$105.09 M Sold Last Quarter
Proj. Earnings Growth
21.85%
From $16.93 to $20.63 Per Share

Overall MarketRank™

New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.51 out of 5 stars

Consumer Discretionary Sector

32nd out of 269 stocks

Video Tape Rental Industry

1st out of 3 stocks

See Top Rated MarketRank™ Stocks Here

NFLX stock logo

About Netflix Stock (NASDAQ:NFLX)

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.

NFLX Stock Price History

NFLX Stock News Headlines

February 3, 2024 | marketbeat.com
MarketBeat Week in Review – 1/29 - 2/2 (NFLX)
Markets remained resilient even after disappointing news from Apple sales in China and a higher-than-expected jobs report delivered a bearish one-two punch
January 29, 2024 | marketbeat.com
TKO Group's NFLX deal is the knockout punch investors needed (NFLX)
TKO Group gapped up nearly 16% in record volume on the Netflix deal news before an ensuing low-volume pullback created what may be a favorable entry point
February 12, 2024 | The Oxford Club (Ad)
Better Than Oil Stocks
The best way to profit from energy is NOT a stock...Rather, it's this little-known alternative investment. 
January 29, 2024 | marketbeat.com
Today’s market could make Sysco stock break out, will it? (NFLX)
There is a new money shift coming to the marketplace, and this one sector seems to be first in line to receive new investment dollars, with Sysco as a favorite
January 29, 2024 | marketbeat.com
SoFi stock to have huge earnings growth, markets like the story
The tech sector is at an all-time high, yet some stocks still struggle to catch up; here is why SoFi may soon beat everyone else in the group
January 27, 2024 | marketbeat.com
MarketBeat Week in Review: 1/22 - 1/26 (NFLX)
Markets continued to push to new all-time highs, setting the stage for big tech earnings, which will happen next week; here are the top stories from this week.
January 26, 2024 | marketbeat.com
3 well-known consumer cyclical stocks offering 5% dividends (NFLX)
If the domestic economy strengthens, consumer cyclicals offering dividends - like these three large caps - may generate a blend of growth and income in 2024.
January 24, 2024 | marketbeat.com
Will leverage and pricing power drive Netflix to a record high?
Netflix had a strong quarter and is guiding for more of the same in 2024, a trend that could lift this stock to a new all-time high by mid-year.
February 12, 2024 | The Oxford Club (Ad)
Better Than Oil Stocks
The best way to profit from energy is NOT a stock...Rather, it's this little-known alternative investment. 
January 23, 2024 | marketbeat.com
Netflix's subscriber growth surges as streaming service unwraps best-ever holiday season results
Netflix has registered its third-consecutive quarter of accelerating subscriber growth in the final three months of 2023
January 23, 2024 | marketbeat.com
WWE's 'Raw' is moving to Netflix next year in a major streaming deal
WWE’s weekly television show, “Raw,” will be moving to streaming company Netflix next year, a change that will see the program leave traditional network television for the first time since it began 31 years ago
January 23, 2024 | marketbeat.com
Why the market is overpaying for Netflix stock ahead of earnings (NFLX)
Netflix stock could prove the market just why it's worth it to overpay for a stock ahead of a bullish earnings expectation. Management lays the path for a rally
February 12, 2024 | msn.com
5 best Netflix shows to watch after the 2024 Super Bowl
February 11, 2024 | msn.com
A crime drama that viewers are comparing to Broadchurch is getting a second life on Netflix
February 11, 2024 | msn.com
Will 'One Day' Get a Season 2 on Netflix?
February 11, 2024 | msn.com
Loudermilk is a big hit on Netflix. You should watch these 3 similar comedy TV shows right now
February 11, 2024 | msn.com
Some Things I Think I Think: On how Netflix project symbolizes Red Sox’s loss of focus
February 11, 2024 | msn.com
5 great Netflix movies to watch instead of Super Bowl 2024
February 10, 2024 | msn.com
Elaborate fake Vogue site targets designers with alleged chance at fashion fame — and supposed Netflix show — for a price
February 10, 2024 | msn.com
Griselda Blanco's family settles lawsuit against Netflix and Sofia Vergara
February 10, 2024 | yahoo.com
Doctor Slump Season 1 Episode 6 Release Date & Time on Netflix
February 10, 2024 | msn.com
Peacock to Stream Adaptation of ‘Three-Body Problem’ Ahead of Rival Netflix Version
February 10, 2024 | finance.yahoo.com
Netflix (NASDAQ:NFLX) shareholders have earned a 62% return over the last year
February 10, 2024 | finance.yahoo.com
20 Films with the Biggest Production Budgets of All Time
February 10, 2024 | americanbankingnews.com
Netflix, Inc. (NASDAQ:NFLX) CEO Sells $723,795.30 in Stock
February 10, 2024 | americanbankingnews.com
Netflix (NASDAQ:NFLX) Rating Lowered to Hold at StockNews.com
February 10, 2024 | msn.com
One Day stars explain why “shocking” twist ending is “necessary” in new Netflix show
See More Headlines
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Company Calendar

Last Earnings
1/23/2024
Today
2/11/2024
Next Earnings (Estimated)
4/16/2024
Fiscal Year End
12/31/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Consumer Discretionary
Industry
Video tape rental
Sub-Industry
Internet Retail
Current Symbol
NASDAQ:NFLX
CUSIP
64110L10
CIK
1065280
Web
www.netflix.com
Phone
(408) 540-3700
Fax
408-540-3737
Employees
13,000
Year Founded
1997

Price Target and Rating

Average Stock Price Target
$553.33
High Stock Price Target
$700.00
Low Stock Price Target
$333.00
Potential Upside/Downside
-1.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
35 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$12.01
Trailing P/E Ratio
46.74
Forward P/E Ratio
33.16
P/E Growth
1.53
Net Income
$5.41 billion
Net Margins
16.04%
Pretax Margin
18.40%
Return on Equity
24.76%
Return on Assets
10.90%

Debt

Debt-to-Equity Ratio
0.69
Current Ratio
1.12
Quick Ratio
1.12

Sales & Book Value

Annual Sales
$33.72 billion
Price / Sales
7.20
Cash Flow
$46.12 per share
Price / Cash Flow
12.17
Book Value
$47.57 per share
Price / Book
11.80

Miscellaneous

Outstanding Shares
432,760,000
Free Float
422,157,000
Market Cap
$242.92 billion
Optionable
Optionable
Beta
1.22

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NFLX Stock Analysis - Frequently Asked Questions

Should I buy or sell Netflix stock right now?

35 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Netflix in the last year. There are currently 1 sell rating, 12 hold ratings and 22 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" NFLX shares.
View NFLX analyst ratings or view top-rated stocks.

What is Netflix's stock price target for 2024?

35 brokerages have issued 1-year target prices for Netflix's shares. Their NFLX share price targets range from $333.00 to $700.00. On average, they anticipate the company's stock price to reach $553.33 in the next year. This suggests that the stock has a possible downside of 1.4%.
View analysts price targets for NFLX or view top-rated stocks among Wall Street analysts.

How have NFLX shares performed in 2024?

Netflix's stock was trading at $486.88 at the start of the year. Since then, NFLX shares have increased by 15.3% and is now trading at $561.32.
View the best growth stocks for 2024 here.

When is Netflix's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 16th 2024.
View our NFLX earnings forecast.

How were Netflix's earnings last quarter?

Netflix, Inc. (NASDAQ:NFLX) released its quarterly earnings data on Tuesday, January, 23rd. The Internet television network reported $2.11 EPS for the quarter, missing the consensus estimate of $2.20 by $0.09. The Internet television network earned $8.83 billion during the quarter, compared to analyst estimates of $8.72 billion. Netflix had a net margin of 16.04% and a trailing twelve-month return on equity of 24.76%. The company's revenue for the quarter was up 12.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.12 earnings per share.
Read the conference call transcript.

What ETFs hold Netflix's stock?

ETFs with the largest weight of Netflix (NASDAQ:NFLX) stock in their portfolio include Invesco Next Gen Media and Gaming ETF (PBS), First Trust S-Network Streaming and Gaming ETF (BNGE), Vanguard Communication Services ETF (VOX), Gabelli Growth Innovators ETF (GGRW), First Trust Dow Jones Internet Index Fund (FDN), Fidelity MSCI Communication Services Index ETF (FCOM), iShares Global Comm Services ETF (IXP) and Pacer BioThreat Strategy ETF (VIRS).

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 issued shares were distributed 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 2024 earnings guidance on Tuesday, January, 23rd. The company provided EPS guidance of 4.490-4.490 for the period, compared to the consensus estimate of 4.100. The company issued revenue guidance of $9.2 billion-$9.2 billion, compared to the consensus revenue estimate of $9.3 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).

Who are Netflix's major shareholders?

Netflix's stock is owned by many different retail and institutional investors. Top institutional investors include Jennison Associates LLC (1.26%), Norges Bank (1.21%), Baillie Gifford & Co. (1.11%), Fisher Asset Management LLC (0.95%), Clearbridge Investments LLC (0.62%) and Charles Schwab Investment Management Inc. (0.56%). Insiders that own company stock include Ann Mather, David A Hyman, Gregory K Peters, Jay C Hoag, Jay C Hoag, Reed Hastings, Richard N Barton, Spencer Adam Neumann, Theodore A Sarandos, Theodore A Sarandos and Timothy M Haley.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

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
This page (NASDAQ:NFLX) was last updated on 2/12/2024 by MarketBeat.com Staff

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