Netflix, Inc. (NFLX)

NASDAQ: NFLX · Real-Time Price · USD
791.54
-5.00 (-0.63%)
Nov 8, 2024, 10:40 AM EST - Market open
-0.63%
Market Cap 339.27B
Revenue (ttm) 37.59B
Net Income (ttm) 7.78B
Shares Out 427.46M
EPS (ttm) 17.65
PE Ratio 44.96
Forward PE 34.71
Dividend n/a
Ex-Dividend Date n/a
Volume 416,754
Open 797.36
Previous Close 796.54
Day's Range 791.25 - 799.06
52-Week Range 435.51 - 799.06
Beta 1.25
Analysts Buy
Price Target 764.41 (-3.69%)
Earnings Date Oct 17, 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]

Industry Entertainment
IPO Date May 23, 2002
Employees 13,000
Stock Exchange NASDAQ
Ticker Symbol NFLX
Full Company Profile

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 Statements

Analyst Forecast

According to 30 analysts, the average rating for NFLX stock is "Buy." The 12-month stock price forecast is $764.41, which is a decrease of -3.69% from the latest price.

Price Target
$764.41
(-3.69% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Netflix: Winner Of The Streaming War

Netflix's superior content, recommendations, and user interface give it a competitive edge in the streaming space, attracting and retaining subscribers. Growth opportunities lie in expanding ad revenu...

2 hours ago - Seeking Alpha

Jim Cramer talks which stocks could be post-election winners

'Mad Money' host Jim Cramer looks at which stocks could benefit in the aftermath of the election.

2 days ago - CNBC Television

Jim Cramer lists 10 stocks that could do well under Harris or Trump

CNBC's Jim Cramer on Election Day identified stocks that could perform well with either Vice President Kamala Harris or former President Donald Trump in the White House. Cramer's stock picks include W...

2 days ago - CNBC

Netflix: A Great Time To Take Chips Off The Table (Rating Downgrade)

Netflix stock has continued to rally after posting Q3 results, showcasing 15% y/y revenue growth. Still, we note that subscriber adds are slowing down, potentially a symptom of the company's continued...

2 days ago - Seeking Alpha

Netflix Offices In Europe Reportedly Raided By Tax Fraud Investigators

Investigators specializing in financial crime and corruption raided the Paris office of streaming giant Netflix Tuesday morning, multiple outlets reported, as a simultaneous search took place at the c...

3 days ago - Forbes

The Ad Advantage: How Netflix's New Strategy Positions It As A Buy

Advertising may become the company's primary growth engine over the next several years. Netflix produced solid double-digit revenue growth and profitability in its third quarter 2024 results. Although...

3 days ago - Seeking Alpha

Tax fraud investigators search Netflix offices in Paris and Amsterdam, says source

Investigators searched the offices of U.S. streaming giant Netflix in France and the Netherlands as part of a preliminary investigation into tax fraud laundering, a French judicial source said on Tues...

3 days ago - Reuters

The Big 3: IRM, NFLX, RTX

Aquiles Larrea is a fan of today's Big 3, it just comes to down to when investors should jump onto the stocks. He joins Rick Ducat in breaking down the technical trends for Iron Mountain (IRM), Netfli...

Other symbols: RTXIRM
7 days ago - Schwab Network

"Pinkfong & Hogi Mini Movie: The Tricky Three Cars" to Premiere Globally on Netflix

-  Pinkfong's hit series "Pinkfong Wonderstar" expands with its first spin-off special focusing on Hogi -  The mini-movie is set to captivate audiences worldwide exclusively on Netflix on November 3 C...

8 days ago - PRNewsWire

Netflix Stock Could Fall To $400

Netflix stock has had a solid year, rising by almost 60% year-to-date as the company successfully navigated a brief subscriber decline post-Covid-19. This compares to rival Disney, which has gained a ...

9 days ago - Forbes

Netflix communications chief and global public policy executives to exit

Netflix said on Tuesday that Vice President of Global Public Policy Dean Garfield, and Chief Communications Officer Rachel Whetstone are leaving the company.

9 days ago - Reuters

Netflix Communications Chief Rachel Whetstone, Public Policy VP Dean Garfield To Exit

EXCLUSIVE: In a significant changing of the guard in Netflix's senior executive ranks, Chief Communications Officer Rachel Whetstone and Global Public Policy VP Dean Garfield are leaving the company. ...

9 days ago - Deadline

Options Trades in TSLA and NFLX

After BIG earnings reports and BIG moves higher, Alex Coffey takes a look at Tesla (TSLA) and Netflix (NFLX) to close out the week. ======== Schwab Network ======== Empowering every investor and trade...

Other symbols: TSLA
14 days ago - Schwab Network

Netflix's Ted Sarandos on the Future for Streaming

The company's co-CEO talks AI, “Squid Game” and pricing.

14 days ago - WSJ

Netflix: Not A Good Play At Current Prices

Netflix continues to grow rapidly, with a 35.5% stock increase since April, outperforming the S&P 500, yet I maintain a 'hold' rating due to valuation concerns. Q3 2024 saw record-breaking revenue of ...

14 days ago - Seeking Alpha

Netflix: Promising Growth Story With Solid Financial Performance, But Overbought Right Now

Q3 revenue nearly hit $10 billion, with a 15% YoY growth rate and a significant leap in operating margin to almost 30%. Netflix's net profit margin TTM surpassed 20% for the first time, indicating sig...

14 days ago - Seeking Alpha

Costco's 'Netflix moment' big win

Costco's decision to install membership card scanners in U.S. stores could lead to the retailer's own version of a "Netflix moment," according to Morgan Stanley analysts.

Other symbols: COST
15 days ago - Fox Business

The Uptrend In Netflix Will Continue: Another 15% Upside Ahead

Netflix's NFLX uptrend will continue because the company is still growing and outpacing forecasts. In 2024 and 2025, the company's growth will be driven by the increasing user base and rising engageme...

15 days ago - Benzinga

Netflix Closes Its All-Star AAA Video Game Studio, Which Made Zero Games

Netflix seems to want to continue to make inroads into gaming, offering dozens of decently good mobile-focused titles on its service. But it wanted more, which is why it formed an internal studio (cod...

16 days ago - Forbes

Netflix's Ad-Supported Tier Is Its Key To Accelerated Growth

Netflix is well positioned for accelerated top-line growth and margin expansion with live events like the two NFL games on Christmas Day and the Paul Vs. Tyson fight. These live events may have the ab...

16 days ago - Seeking Alpha

Netflix Shutters AAA Video Game Studio

Despite continued optimism among top management about the potential of video games, Netflix is shuttering its AAA game studio in Southern California. The move, first reported by GameFile, was confirme...

16 days ago - Deadline

Netflix shutters its only triple-A studio, loses major industry hires

Netflix has closed Team Blue, the LA-based internal studio, before it could release its alleged triple-A game.

16 days ago - VentureBeat

Netflix Broke Out With Gusto And Should Continue To Move Higher

Netflix's Q3 2024 earnings exceeded expectations, with 15% revenue growth and strong operating margins, driving shares to new all-time highs. The ad-supported tier is gaining traction, boosting subscr...

17 days ago - Seeking Alpha

This Analyst With 85% Accuracy Rate Sees Around 11% Upside In Netflix - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts

U.S. stocks settled higher on Friday, with the Dow Jones index and S&P 500 jumping to fresh record highs during the session. All three major indices recorded gains for the sixth straight week, with th...

Other symbols: CUBERUSAPVNOM
18 days ago - Benzinga

Netflix Q3 Earnings: Paid Memberships Growth Peaked, Expect Growth Normalize

Netflix delivered strong 3Q FY2024 earnings, beating revenue and non-GAAP EPS estimates, achieving a record high operating margin. The company's paid membership growth peaked in 2Q and began to normal...

18 days ago - Seeking Alpha