Netflix, Inc. (NFLX)
| Market Cap | 292.83B |
| Revenue (ttm) | 34.93B |
| Net Income (ttm) | 6.44B |
| Shares Out | 430.90M |
| EPS (ttm) | 14.43 |
| PE Ratio | 47.09 |
| Forward PE | 35.97 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,255,277 |
| Open | 673.54 |
| Previous Close | 673.61 |
| Day's Range | 670.07 - 681.74 |
| 52-Week Range | 344.73 - 689.88 |
| Beta | 1.26 |
| Analysts | Buy |
| Price Target | 630.36 (-7.24%) |
| Earnings Date | Jul 18, 2024 |
About NFLX
Netflix, Inc. provides entertainment services. It offers TV series, documentaries, feature films, and games across various genres and languages. The company also provides members the ability to receive streaming content through a host of internet-connected devices, including TVs, digital video players, TV set-top boxes, and mobile devices. It has operations in approximately 190 countries. The company was incorporated in 1997 and is headquartered in Los Gatos, California. [Read more]
Financial Performance
In 2023, Netflix's revenue was $33.72 billion, an increase of 6.67% compared to the previous year's $31.62 billion. Earnings were $5.41 billion, an increase of 20.39%.
Financial StatementsAnalyst Forecast
According to 35 analysts, the average rating for NFLX stock is "Buy." The 12-month stock price forecast is $630.36, which is a decrease of -7.24% from the latest price.
News
Netflix To Rally Over 13%? Here Are 10 Top Analyst Forecasts For Tuesday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
'Squid Game' To Get An English Remake? Netflix, Award-Winning Director Could Make It Happen: Report
Streaming giant Netflix Inc NFLX enjoyed success with the release of "Squid Game" in 2021, a hit Korean dystopian sci-fi series.
Netflix Unveils Expanded Albuquerque Studios, Says Hub's Generated $900M For New Mexico Production
Netflix co-CEO Ted Sarandos cut the ribbon on a major expansion of Netflix Studios Albuquerque and said the facility has racked up nearly $900 million in total investment in New Mexico production sinc...
Netflix's Ad-Driven Surge: Impressive Growth, Pricey Stock
Netflix stock has had a pretty good year, rising by almost 40% year-to-date as the company successfully navigated a brief subscriber decline post-Covid-19. This compares to rival Disney, which has gai...
Bearish on BA, NFLX & Bullish on GLD
Boeing (BA), Gold ETF (GLD), and Netflix (NFLX) are today's Big Three. Don Kaufman and Ben Lichtenstein discuss the technical trends, as well as how to trade these names.
How YouTube beat Netflix and Disney in the streaming wars
While Netflix may get most accolades for winning the streaming wars, YouTube has been the most watched streaming platform in the U.S. for the last 15 consecutive months. Its recent dominance is predic...
Netflix wants to be Disney when it grows up
The first Netflix House venues will open in 2025 at malls in Texas and Pennsylvania. Netflix seems to be following Disney's playbook, creating immersive, in-person experiences.
How Netflix's Corporate Culture Has Changed
The company's latest internal memo about its corporate culture is more about how it expects employees to behave than what it wants to become.
How Netflix Is Taking a Page From Disney's Parks Playbook
As Disney (DIS), Comcast (CMCSA), and other entertainment conglomerates work to catch up to Netflix's (NFLX) streaming dominance, Netflix is taking steps to expand its business by following rivals' pa...
The Future of Netflix, Amazon and Other Streaming Services
Who will survive? Die? Thrive?
Will Netflix Save Shopping Malls? New Experiences A Potential Game Changer For Retail Centers
A leader in the streaming space, Netflix Inc NFLX could see a new effort to diversification with in real life experiences to strengthen its well-known franchises like "Squid Game" and "Bridgerton," wh...
Netflix Inches Toward The $700 Milestone With Impressive Subscriber Surge, Could This Be The Break Investors Have Been Waiting For
Netflix Inc NFLX is close to surpassing its previous all-time high, nearing the $700 psychological level of resistance.
Netflix House is right out of Disney's playbook: Analyst
Netflix (NFLX) announced an upcoming physical attraction called the "Netflix House," where consumers can interact with their favorite movies and TV shows in real life through immersive experiences. Ne...
Netflix's ‘Toughest Forces on Earth' Host and Former British Special Forces Soldier Dean Stott Receives MBE
LOS ANGELES--(BUSINESS WIRE)-- #MBE--Dean Stott, former UK Tier One Special Forces, double world record breaker and current host of Netflix's new hit show ‘Toughest Forces on Earth,' has been awarded ...
Netflix is moving into malls
Netflix has announced the locations for its first two "Netflix House" venues. The streaming service will use spaces in two malls formerly occupied by department stores.
Netflix taking on Disneyland? The streaming wars expand to real-world experiences
Rather than planning a family trip to Disneyland next year, your family might be planning an adventure to Netflix House instead.
Nine hot stocks, including Nvidia, that have become more attractive by this critical metric
Exactly a month ago, we pointed out that although Nvidia Corp.'s stock had risen 553% from three years earlier, its forward price-to-earnings valuation had declined. With so much in flux, as analysts ...
Netflix could struggle with expanding outside core business: IMAX CEO on 'Netflix House' experiences
Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy.
Netflix Wants You To Chill at Its New Store-Like Fan Experience Spaces
Netflix (NFLX) on Tuesday announced the first two cities for its new permanent entertainment venues, set to open in 2025.
Final Trades: Amazon, Bank of America, Cisco and Netflix
The Investment Committee give you their top stocks to watch for the second half.
Netflix charging $5 million for NFL Christmas ad spots
The NFL's Christmas Day games may have a new home, but prices for commercial slots aren't budging much.
Netflix Has Dominated in Advertising Dollars Per Viewer. Could Its Lead Be Narrowing?
Netflix (NFLX), already the top U.S. streaming service by number of subscribers, is also making the most money per user from airing advertisements, although its lead over competitors is likely to narr...
Netflix stock is up 40% year-to-date: is it too late to buy?
Netflix Inc (NASDAQ: NFLX) has gained more than 40% this year but an Evercore ISI analyst is convinced it's not out of juice just yet.
Netflix to Announce Second Quarter 2024 Financial Results
LOS GATOS, Calif. , June 14, 2024 /PRNewswire/ -- Netflix, Inc. (NASDAQ: NFLX) today announced it will post its second quarter 2024 financial results and business outlook on its investor relations web...
Amazon Has Upended the Streaming Ad Market, and Netflix Is Paying the Price
Amazon.com AMZN -0.49%decrease; red down pointing triangle has thrown a wrench into Netflix's NFLX 2.84%increase; green up pointing triangle advertising plans.