Netflix, Inc. (NFLX)
NASDAQ: NFLX · Real-Time Price · USD
909.05
+7.01 (0.78%)
At close: Dec 20, 2024, 4:00 PM
911.30
+2.25 (0.25%)
After-hours: Dec 20, 2024, 7:51 PM EST
Netflix Stock Forecast
Stock Price Forecast
The 29 analysts with 12-month price forecasts for Netflix stock have an average target of 829.59, with a low estimate of 550 and a high estimate of 1,100. The average target predicts a decrease of -8.74% from the current stock price of 909.05.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Netflix stock from 30 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 12 | 12 | 12 | 11 | 11 | 10 |
| Buy | 9 | 9 | 9 | 10 | 10 | 10 |
| Hold | 10 | 10 | 10 | 7 | 7 | 8 |
| Sell | 0 | 0 | 0 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 32 | 32 | 32 | 30 | 30 | 30 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Strong Buy Maintains $825 → $1,040 | Strong Buy | Maintains | $825 → $1,040 | +14.41% | Dec 19, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $825 → $1,065 | Buy | Maintains | $825 → $1,065 | +17.16% | Dec 16, 2024 |
| Loop Capital | Loop Capital | Strong Buy → Hold Downgrades $800 → $950 | Strong Buy → Hold | Downgrades | $800 → $950 | +4.50% | Dec 16, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $850 → $1,010 | Buy | Maintains | $850 → $1,010 | +11.10% | Dec 11, 2024 |
| Citigroup | Citigroup | Hold Maintains $725 → $920 | Hold | Maintains | $725 → $920 | +1.20% | Dec 5, 2024 |
Financial Forecast
Revenue This Year
39.67B
from 33.72B
Increased by 17.62%
Revenue Next Year
44.59B
from 39.67B
Increased by 12.42%
EPS This Year
20.16
from 12.03
Increased by 67.60%
EPS Next Year
24.28
from 20.16
Increased by 20.44%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 41.1B | 47.6B | 52.8B | |||
| Avg | 39.7B | 44.6B | 49.4B | |||
| Low | 37.9B | 42.2B | 46.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 22.0% | 19.9% | 18.3% | |||
| Avg | 17.6% | 12.4% | 10.7% | |||
| Low | 12.5% | 6.4% | 3.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 21.06 | 27.27 | 32.34 | |||
| Avg | 20.16 | 24.28 | 28.94 | |||
| Low | 18.99 | 21.97 | 23.76 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 75.1% | 35.2% | 33.2% | |||
| Avg | 67.6% | 20.4% | 19.2% | |||
| Low | 57.8% | 9.0% | -2.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.