Netflix (NFLX) Stock Price, News & Analysis

34 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Netflix in the last twelve months. There are currently 1 sell rating, 11 hold ratings and 22 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" NFLX shares.
View NFLX analyst ratings or view top-rated stocks.

34 brokers have issued 12-month price targets for Netflix's stock. Their NFLX share price targets range from $250.00 to $600.00. On average, they anticipate the company's share price to reach $457.25 in the next year. This suggests that the stock has a possible downside of 6.1%.
View analysts price targets for NFLX or view top-rated stocks among Wall Street analysts.

Netflix's stock was trading at $294.88 on January 1st, 2023. Since then, NFLX shares have increased by 65.1% and is now trading at $486.88.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 23rd 2024.
View our NFLX earnings forecast.

Netflix will be holding an earnings conference call on Tuesday, January 23rd at 4:45 PM Eastern. Interested parties can register for or listen to the call using this link.

Netflix, Inc. (NASDAQ:NFLX) announced its earnings results on Wednesday, October, 18th. The Internet television network reported $3.73 EPS for the quarter, beating the consensus estimate of $3.49 by $0.24. The Internet television network earned $8.54 billion during the quarter, compared to analyst estimates of $8.54 billion. Netflix had a trailing twelve-month return on equity of 20.68% and a net margin of 13.82%. The firm's revenue for the quarter was up 7.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.10 earnings per share.
Read the conference call transcript.

ETFs with the largest weight of Netflix (NASDAQ:NFLX) stock in their portfolio include Fidelity Disruptive Communications ETF (FDCF), 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) and iShares Global Comm Services ETF (IXP).

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 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 fourth quarter 2023 earnings guidance on Wednesday, October, 18th. The company provided earnings per share (EPS) guidance of $2.15-$2.15 for the period, compared to the consensus estimate of $2.15. The company issued revenue guidance of $8.69 billion-$8.69 billion, compared to the consensus revenue estimate of $8.77 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).

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.