Netflix, Inc. (NFLX)
| Market Cap | 241.87B |
| Revenue (ttm) | 34.93B |
| Net Income (ttm) | 6.44B |
| Shares Out | 430.97M |
| EPS (ttm) | 14.43 |
| PE Ratio | 38.89 |
| Forward PE | 31.41 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 4,304,002 |
| Open | 558.85 |
| Previous Close | 564.80 |
| Day's Range | 553.19 - 562.92 |
| 52-Week Range | 315.62 - 639.00 |
| Beta | 1.22 |
| Analysts | Buy |
| Price Target | 623.56 (+11.11%) |
| Earnings Date | Apr 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 34 analysts, the average rating for NFLX stock is "Buy." The 12-month stock price forecast is $623.56, which is an increase of 11.11% from the latest price.
News
Meta, Netflix and 2 Other Stocks May Be Bargains After Post-Earnings Slides
Shares of Meta Platforms, Netflix, Sherwin-Williams, and Caterpillar look cheap compared with earnings growth down the line.
Final Trades: Netflix, JPMorgan Nasdaq ETF, Delta & Leidos
The Investment Committee gives you their top stocks to watch for the second half.
Trade Tracker: Josh Brown buys Netflix
Josh Brown, CEO at Ritholtz Wealth Management, joins CNBC's 'Halftime Report' to explain his latest trade.
Trade Tracker: Steve Weiss buys more Netflix
Steve Weiss, Founder and Managing Partner of Short Hills Capital Partners joins CNBC's “Halftime Report” to explain why he's buying more Netflix
3 Stocks That Look Ready to Rally in a Recovering Market
Shares of Netflix, Monster Beverage, and Linde have lagged behind the bull market's winners. That's why they have more potential to surge.
Netflix Shatters Earnings Expectations With Surprising Revenue Reveal And Soaring Subscriber Surge - But What's Happening With The Stock? - Netflix (NASDAQ:NFLX)
In its first-quarter earnings report, Netflix Inc NFLX has surpassed all expectations, revealing a revenue of $9.4 billion and a profit per share of $5.28, decisively outperforming analyst predictions...
Why Netflix's big planned change to its earnings reports is a bad sign
On Wall Street, less disclosure is never a good thing, and Netflix Inc. investors should be displeased that the company plans to stop giving quarterly membership data beginning next year.
The Score: Tesla, United Airlines, Netflix and More Stocks That Defined the Week
Here are some of the major companies whose stocks moved on the week's news.
S&P Global Ratings: Potential Growth Drivers For Netflix (NFLX)
S&P Global Ratings' Jawad Hussain discusses how Netflix (NFLX) sells off after earnings. He talks about how Netflix is to stop reporting quarterly subscriber data.
A highly unpopular move by Netflix is paying off
Netflix saw its subscribers grow to a record 269 million in Q1 thanks to its crackdown on password sharing.
Netflix shares tumble after Q1 results, streamer pivoting to a profit focus
CNBC's Alex Sherman joins 'Closing Bell' to report on Netflix after the company's stock slides post earnings.
Netflix Shares Tumble the Most in Nine Months
Netflix shares fell on Friday after a weak forecast for revenue and a warning that the streaming giant will stop reporting subscriber numbers in 2025 overshadowed an otherwise strong start to the year...
Tools of the trade: Netlfix & Meta
BK Asset's Boris Schlossberg, Fairland's Katie Stockton and Kelly Intelligence's Kevin Kelly join 'Power Lunch' to discuss the fundamentals, technicals and options for Netflix and Meta.
Netflix will remain the global streaming leader, says TD Cowen's John Blackledge
John Blackledge, internet and media analyst at TD Cowen, joins CNBC's 'The Exchange' to share why he's bullish on Netflix, the market's reaction to earnings, and more.
Netflix (NFLX) Continues to Run Up the Score Against Other Streamers
Netflix (NFLX) continues to run up the score against other streamers, notes Jamie Lumley. He and Kenneth Suh discuss the major takeaways from Netflix's earnings.
Netflix Plans to End Quarterly Subscriber Count by 2025
Geetha Ranganathan, Bloomberg Intelligence Analyst on US Media, joins to recap Netflix earnings and their plan to end subscriber count. She spoke with Paul Sweeney and Dani Burger on Bloomberg Radio.
Earnings: NFLX Subscriber Growth & TSM Semiconductor Demand
Investors are probably being a little over-negative, notes James E. Demmert. He discusses the takeaways from Netflix's (NFLX) earnings.
Chart of the Day: Netflix
Netflix is tumbling after posting first quarter results.
Netflix Stock Slides. Investors Fear Slowing Growth.
Concerns about long-term growth are overshadowing an impressive earnings report.
Netflix (NFLX) Pulls Back & American Express (AXP) Rises After Earnings
Netflix (NFLX) pulls back after earnings. Jenny Horne discusses this as Netflix is to stop reporting quarterly membership numbers in 1Q 2025.
Bearish on SMCI & Bullish on LLY, NFLX
Super Micro Computer (SMCI), Eli Lilly (LLY), and Netflix (NFLX) are today's big three stocks. Joel Hawthorne and Ben Lichtenstein discuss how to trade, as well as the technical trends of these names.
Netflix announced company will no longer report subscriber numbers, and Wall Street is concerned
Netflix (NFLX) stock is falling Friday morning despite reporting breakout growth of 9.3 million new subscribers in its first-quarter earnings report. Going forward, the streaming giant will not be dis...
Netflix Q1 earnings: Media giant will no longer report subscriber numbers
Shares of Netflix (NFLX) are trading lower in Friday's pre-market session after the company reported its first-quarter earnings results on Thursday. Yahoo Finance's Alexandra Canal breaks down the big...
Netflix: Here's why Wells Fargo raised the price target on the stock
Steven Cahall, Wells Fargo senior equity analyst, joins 'Squawk on the Street' to discuss the analyst's thoughts on Netflix, when valuation becomes a concern for the stock, and more.
Understanding Netflix, Disney Market Maneuvers: Decoding The Streaming Strategy
In the fast-paced realm of digital entertainment, the battle for supremacy between streaming giants Netflix Inc NFLX and Walt Disney Co DIS has captured the attention of investors and industry observe...