Netflix, Inc. provides entertainment services. It offers TV series, documentaries, feature films, and mobile games across various genres and languages.
Netflix stock last closed at $361.48, down 1.21% from the previous day, and has decreased 10.1% in one year. It has overperformed other stocks in the Entertainment industry by 0.13 percentage points. Netflix stock is currently +122.16% from its 52-week low of $162.71, and -12.47% from its 52-week high of $412.98.
At the moment, there are 445.35M NFLX shares outstanding. The market value of NFLX is $160.98B. In the last 24 hours, 4.98M NFLX shares were traded.
You will need an online brokerage account in order to access the NASDAQ market and buy NFLX stock.
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Open eToro AccountNow that you've chosen your brokerage, the next step is to fill out some personal information so you are able to buy NFLX today.
Now that you have filled out your info on the best stock market app for beginners, you need to deposit funds:
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After you have selected the best place to buy Netflix stock, it's critical to evaluate their stock before you buy, so you actually comprehend the risk as well as the upside.
WallStreetZen was created to help everyday investors perform more accurate fundamental analysis quickly.
You can see all of the due diligence checks on NFLX's stock page.
Investors use many financial metrics, analyses, models, and charts to gauge NFLX's fair value.
Using relative valuations metrics:
You can access additional valuation analysis on NFLX's stock here.
Out of 40 Wall Street analysts who give ratings on NFLX, the consensus analyst rating on Netflix is a Buy
Please keep in mind that analyst ratings are not recommendations, nor are they financial advice.
Andrew Uerkwitz, a top 23% analyst from Jefferies maintains NFLX with a strong buy rating and raises their NFLX price target from $400.00 to $425.00, on Feb 6, 2023.
Uerkwitz raised his price target on Netflix, Inc. by 6.3%.
The analyst told investors he made the move "to reflect the answers* of 380 password-borrowing households when asked how they would respond to Netflix's upcoming password-sharing solution."
"38% of respondents said that they would retain Netflix against his firm's estimates of a 21% retention rate in 2023 growing to about 45% by end of 2024," Uerkwitz reported.
Accordingly, in light of the survey, he "feels good about" his Netflix model, the analyst said.
* From here: While 62% of the “password borrowers” said they would stop using Netflix when it begins charging for password sharing, 38% said they would pay. Among those who said they would stop using Netflix, 35% said they would replace it with another service, 31% said they didn’t like the service enough to pay for it, and 25% said they couldn’t afford it.
Joseph Bonner, a top 23% analyst from Argus Research maintains NFLX with a strong buy rating and raises their NFLX price target from $340.00 to $390.00, on Jan 23, 2023.
Maria Ripps, a bottom 11% analyst from Canaccord Genuity maintains NFLX with a strong buy rating and raises their NFLX price target from $365.00 to $400.00, on Jan 20, 2023.
Michael Morris, a top 17% analyst from Guggenheim maintains NFLX with a strong buy rating and raises their NFLX price target from $305.00 to $375.00, on Jan 20, 2023.
Matthew Harrigan, a top 18% analyst from Benchmark maintains NFLX with a strong sell rating and raises their NFLX price target from $225.00 to $250.00, on Jan 20, 2023.
You can dive deeper into what analysts are projecting on the Netflix stock forecast page.
Last year, NFLX earnings were $4.49B. Over the past 5 year, NFLX's earnings have gone up by 50.92% per year. This was faster than the Entertainment industry average of 4.7%.
Last year, NFLX revenue was $31.62B. During the last five year, NFLX's revenue has increased by 22.01% per year. This was faster than the Entertainment industry average of 14.98%.
Find out more about NFLX's earnings and revenue performance here.
In the last 12 months, insiders at NFLX have bought as many shares as they have sold.
Jay C. Hoag, Director of NFLX, was the latest NFLX insider to buy. They bought $27,195.04 worth of NFLX shares on Jan 31, 2023.
Get more info about who owns NFLX stock here.
No, Netflix doesn't provide an income stream by paying out dividends.
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Now that you own some NFLX stock, you'll want to stay up-to-date on your investment.
Add NFLX to a watchlist to track your NFLX stock.
To reiterate, here are the 6 steps to buy Netflix stock:
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