Netflix, Inc. (NFLX)
NASDAQ: NFLX · Real-Time Price · USD
883.85
+12.53 (1.44%)
At close: Nov 20, 2024, 4:00 PM
886.37
+2.52 (0.29%)
Pre-market: Nov 21, 2024, 5:35 AM EST
Netflix Stock Forecast
Stock Price Forecast
The 29 analysts with 12-month price forecasts for Netflix stock have an average target of 775.62, with a low estimate of 550 and a high estimate of 1,100. The average target predicts a decrease of -12.25% from the current stock price of 883.85.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 11 | 12 | 12 | 12 | 11 | 11 |
| Buy | 10 | 9 | 9 | 9 | 10 | 10 |
| Hold | 12 | 10 | 10 | 10 | 7 | 7 |
| Sell | 0 | 0 | 0 | 0 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 34 | 32 | 32 | 32 | 30 | 30 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Pivotal Research | Pivotal Research | Strong Buy Maintains $925 → $1,100 | Strong Buy | Maintains | $925 → $1,100 | +24.46% | Nov 20, 2024 |
| Wedbush | Wedbush | Buy Reiterates $800 → $950 | Buy | Reiterates | $800 → $950 | +7.48% | Nov 18, 2024 |
| Guggenheim | Guggenheim | Strong Buy Maintains $810 → $825 | Strong Buy | Maintains | $810 → $825 | -6.66% | Oct 29, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $775 → $825 | Buy | Maintains | $775 → $825 | -6.66% | Oct 18, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $750 → $775 | Buy | Maintains | $750 → $775 | -12.32% | Oct 18, 2024 |
Financial Forecast
Revenue This Year
39.67B
from 33.72B
Increased by 17.64%
Revenue Next Year
44.60B
from 39.67B
Increased by 12.42%
EPS This Year
20.17
from 12.03
Increased by 67.63%
EPS Next Year
24.26
from 20.17
Increased by 20.29%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 41.1B | 47.6B | 52.7B | ||
| Avg | 39.7B | 44.6B | 49.4B | ||
| Low | 38.0B | 42.2B | 46.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 22.0% | 19.9% | 18.1% | ||
| Avg | 17.6% | 12.4% | 10.7% | ||
| Low | 12.7% | 6.3% | 3.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 20.96 | 27.27 | 32.34 | ||
| Avg | 20.17 | 24.26 | 28.86 | ||
| Low | 18.99 | 21.97 | 23.76 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 74.2% | 35.2% | 33.3% | ||
| Avg | 67.6% | 20.3% | 19.0% | ||
| Low | 57.8% | 9.0% | -2.1% |
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.