Netflix, Inc. (NFLX)
NASDAQ: NFLX · Real-Time Price · USD
722.79
-7.50 (-1.03%)
At close: Oct 11, 2024, 4:00 PM
722.63
-0.16 (-0.02%)
After-hours: Oct 11, 2024, 7:45 PM EDT
Netflix Stock Forecast
Stock Price Forecast
The 30 analysts with 12-month price forecasts for Netflix stock have an average target of 712.67, with a low estimate of 465 and a high estimate of 900. The average target predicts a decrease of -1.40% from the current stock price of 722.79.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Netflix stock from 32 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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 11 | 11 | 12 | 12 | 12 | 12 |
| Buy | 10 | 10 | 9 | 9 | 9 | 10 |
| Hold | 12 | 12 | 10 | 10 | 10 | 8 |
| Sell | 0 | 0 | 0 | 0 | 0 | 1 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 34 | 34 | 32 | 32 | 32 | 32 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Guggenheim | Guggenheim | Strong Buy Maintains $735 → $810 | Strong Buy | Maintains | $735 → $810 | +12.07% | Oct 11, 2024 |
| Macquarie | Macquarie | Buy Maintains $695 → $795 | Buy | Maintains | $695 → $795 | +9.99% | Oct 11, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $725 → $775 | Buy | Maintains | $725 → $775 | +7.22% | Oct 10, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $780 → $820 | Buy | Maintains | $780 → $820 | +13.45% | Oct 10, 2024 |
| Deutsche Bank | Deutsche Bank | Hold Maintains $590 → $650 | Hold | Maintains | $590 → $650 | -10.07% | Oct 9, 2024 |
Financial Forecast
Revenue This Year
39.49B
from 33.72B
Increased by 17.09%
Revenue Next Year
44.26B
from 39.49B
Increased by 12.09%
EPS This Year
19.49
from 12.03
Increased by 61.99%
EPS Next Year
23.47
from 19.49
Increased by 20.46%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 41.0B | 46.7B | 53.1B | ||
| Avg | 39.5B | 44.3B | 48.9B | ||
| Low | 37.8B | 41.2B | 44.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 21.5% | 18.2% | 20.0% | ||
| Avg | 17.1% | 12.1% | 10.5% | ||
| Low | 11.9% | 4.3% | 0.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 20.90 | 26.45 | 32.22 | ||
| Avg | 19.49 | 23.47 | 27.98 | ||
| Low | 18.05 | 20.63 | 23.36 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 73.7% | 35.7% | 37.3% | ||
| Avg | 62.0% | 20.5% | 19.2% | ||
| Low | 50.1% | 5.9% | -0.5% |
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.