Netflix, Inc. (NFLX)
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]
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 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.
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...
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.
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...
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...
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...
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...
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...
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...
"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...
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 ...
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.
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. ...
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...
Netflix's Ted Sarandos on the Future for Streaming
The company's co-CEO talks AI, “Squid Game” and pricing.
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 ...
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...
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.
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...
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...
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...
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...
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.
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...
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...
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...