Netflix, Inc. (NFLX)
NASDAQ: NFLX · Real-Time Price · USD
796.54
+16.33 (2.09%)
At close: Nov 7, 2024, 4:00 PM
798.00
+1.46 (0.18%)
Pre-market: Nov 8, 2024, 9:23 AM EST

Netflix Stock Forecast

Stock Price Forecast

The 29 analysts with 12-month price forecasts for Netflix stock have an average target of 764.41, with a low estimate of 550 and a high estimate of 925. The average target predicts a decrease of -4.03% from the current stock price of 796.54.

Analyst Consensus: Buy
Target Low Average Median High
Price $550 $764.41 $797 $925
Change -30.95% -4.03% +0.06% +16.13%

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 May '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 111112121211
Buy 101099910
Hold 12121010107
Sell 000001
Strong Sell 111111
Total 343432323230

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Guggenheim
Guggenheim
Strong Buy
Maintains
$810$825
Strong Buy Maintains $810$825 +3.57% Oct 29, 2024
Oppenheimer
Oppenheimer
Buy
Maintains
$775$825
Buy Maintains $775$825 +3.57% Oct 18, 2024
Evercore ISI Group
Evercore ISI Group
Buy
Maintains
$750$775
Buy Maintains $750$775 -2.70% Oct 18, 2024
B of A Securities
B of A Securities
Strong Buy
Maintains
$740$800
Strong Buy Maintains $740$800 +0.43% Oct 18, 2024
Benchmark
Benchmark
Strong Sell
Maintains
$545$555
Strong Sell Maintains $545$555 -30.32% Oct 18, 2024
More Analyst Ratings

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%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
20.16B25.00B29.70B31.62B33.72B39.67B44.60B49.36B
Revenue Growth
27.62%24.01%18.81%6.46%6.67%17.64%12.42%10.66%
EPS
4.136.0811.249.9512.0320.1724.2628.86
EPS Growth
54.10%47.22%84.87%-11.48%20.90%67.63%20.29%18.98%
Forward PE
-----39.5032.8427.60
No. Analysts -----494839
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
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 20242025202620272028
High
22.0%
19.9%
18.1%
Avg
17.6%
12.4%
10.7%
Low
12.7%
6.3%
3.4%

EPS Forecast

EPS 20242025202620272028
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 20242025202620272028
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.